Fiber To The Home Market Estimated To Cross Double Digit CAGR Of 15.1% By 2026
Global Fiber to The Home Market: Introduction
Fiber to the Home (FTTH) is an integrated communication technology that functions on fiber optic technology to enable faster & effective communication, and high-speed Internet connectivity.
The global Fiber to The Home market is estimated to value at over US$ 12 Bn in 2019, and is expected to register a CAGR of 15.1%. The first five-year cumulative revenue (2019–2023) is projected to be nearly US$ 82 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.
Global Fiber to The Home Market: Market Dynamics
Increasing urbanization, coupled with increasing government funding for development of smart city projects are some of the major factors expected to boost growth of the target market over the forecast period. In addition, in a smart city, ideally, homes are required to be connected to the Internet — possibly through FTTH network — therefore increasing adoption of FTTH in smart city planning is expected to boost growth of the target market in the near future. Benefits of a smart city include increased security and quick access to various cloud-based services, and also access to faster, more reliable, and higher quality communication systems for residents.
In addition, introduction of more advanced products is expected to reduce time for FTTH deployment in MDUs and could result into simpler and efficient processes, which in turn is expected to increase return on investment, thereby creating lucrative growth opportunities for players operating in the target market.
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Global Fiber to The Home Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global Fiber to The Home market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global Fiber to The Home market is expected to register at a CAGR of 15.1% over the forecast period.
Global Fiber to The Home Market: Segmental Snapshot
The market report has been segmented on the basis of product type, application, and region/country. The product type segment includes 100 Mbps to 1 Gbps, 50 to 100 Mbps, and Others. The application segment includes TV, VoIP, and Others. The regions/countries covered in the analysis include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product Type: The 50 to 100 Mbps segment is expected to account for highest revenue share contribution as compared to other product type segments. The 100 Mbps to 1 Gbps segment is expected to register highest CAGR of over 15%.
By Application: The others segment is projected to account for highest revenue share as compared to that of other application segments. The TV segment is expected to register highest CAGR of over 15.1% over the forecast period.
By Region: The market in Middle East & Africa is projected to register highest CAGR of over 17% in the global market over the forecast period
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Global Fiber to The Home Market: Competitive Analysis
The research report on the global Fiber to The Home market include profiles of some of major companies such as China Mobile Limited, Verizon Communications Inc., AT&T Inc., Vodafone Group Plc, Nippon Telegraph and Telephone Corporation, SoftBank Group Corp., Deutsche Telekom AG, Telefónica, S.A., América Móvil, S.A.B. de C.V., and China Telecom Group Co., Ltd.
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