FTTx: 9.7 Billion-UP from 2018 to 2023 - Fiber Optic Cabling Management

FTTx: 9.7 Billion-UP from 2018 to 2023

Splicing Closure-1: Dome or In-lINE or others?
2018-08-26

5G, IoT, cloud computing, big data, mobile internet, AI, and intelligent manufacturing have brought about profound changes to telecommunications companies. With the evolution and development of next generation technologies, telecommunications companies are now moving their priority from traditional voice, data, and video services to IoT and various industry applications – a transition from conventional telecom operators to communication services operators.

Recently there are also some good news about FTTx marketing.

FTTx market to grow at a CAGR of 8.10% from 2018 to 2023

The FTTx market is expected to grow from USD 9.70 billion in 2018 to USD 14.31 billion by 2023, at a CAGR of 8.10% from 2018 to 2023. Factors such as growing demand for higher bandwidth and the increased use of fiber for cloud computing services are driving market growth. Whereas, the high installation cost of the FTTx network hinders the growth of the market.

FTTx market for FTTh to grow at highest CAGR during the forecast period

The market for FTTh architecture is expected to grow at the highest CAGR in 2018–2023. This growth can be attributed to the increasing number of subscribers globally. Also, increasing demand for higher bandwidth is amplifying the penetration of FTTh globally.

FTTx market for residential vertical to grow at highest CAGR during the forecast period

The FTTx market for the residential vertical is expected to grow at the highest CAGR from 2018 to 2023. In the residential vertical, FTTh is the fastest-growing architecture, which provides higher bandwidth to end users, resulting in the more robust video, internet, and voice services. As of June 2016, the number of FTTh/b subscribers was ~274 million, with APAC accounting for ~77%, followed by Europe with 15%, North America with 5%, and Latin America and the Middle East and Africa with 2% and 1%, respectively. Such increasing penetration of FTTh/b worldwide is accelerating its growth in the residential vertical.

For more details, please check.

https://www.researchandmarkets.com/research/gj8t33/fiber_to_the_x?w=4