Market Research Future published a research report on “Fiber to the Premises Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Overview
The Fiber to the Premises market is projected to grow at a high CAGR during the forecast period. As per the Fiber to the Premises market research report, the global market for Fiber to the Premises is anticipated to grow rapidly. As per analysts, product innovation by vendors along with the surge in cloud computing will drive the market growth throughout the forecast period. The Fiber to the Premises market research report provides an in-depth analysis of the global Fiber to the Premises market and its end users, type, and verticals segments. The huge capital investment needs as well as underdeveloped infrastructure are the factors which could affect the Fiber to the Premises Market growth during the forecast period. The Fiber to the Premises market research report by expert analysts is intended to help companies in the Fiber to the Premises market.
Key Players
The prominent players in the Fiber to the Premises market - Cincinnati Bell (US), Cellular South Inc. (US), Verizon Wireless (US), AT&T Inc. (US), Cox Communications (US), 3M (US), CenturyLink, Inc. (US), Cisco Systems, Inc. (US), Corning Incorporated (US) among others, are profiled in Market Research Future analysis and are at the forefront of competition in the global Fiber to the Premises market.
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Segmentation
Segmentation by end-users: personal, and commercial (SMEs, large enterprises).
Segmentation by type: broadband PON (BPON), gigabit PON (GPON), and ethernet PON (EPON).
Segmentation by verticals: IT & telecommunication, government, transportation, industrial, aerospace & Defence, and others.
Segmentation by region: North America, Europe, Asia-Pacific and rest of the world.
Regional Analysis
Region-wise, the Fiber to the Premises market has been segmented into North America, Asia Pacific, Europe, and the rest of the world.
The Asia Pacific dominates the Fiber to the Premises market. Countries like South Korea, Japan, and Hong Kong show a very high rate of growth in penetration of Fiber to the Premises among other countries. Developing countries in the Asia Pacific, such as China and India, are also showing extreme potential for the fiber market.
North America is the second biggest Fiber to the Premises market. The growth of key companies and the involvement of the U.S. and Canada in this area give North America a massive boost in the FTTP industry.
Europe is the third-largest market. Increasing government spending on network infrastructure is one of the few factors helping the Fiber to the Premises sector in Europe.
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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According to the research report on "Fiber to the x Market by Architecture (FTTh/p/b, FTTa, FTTn/c/k), Distribution Network (AON, PON), Product (OLT, ONT/ONU, Optical Splitter), Vertical (Industrial, Commercial, Residential), and Geography - Global Forecast to 2023", the FTTx market, the overall market is estimated 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.
Increasing demand for higher bandwidth, the growing use of optical fiber in mobile backhaul for communication, and rising demand for triple- and quad-play services are the key factors driving the FTTx market growth.
Browse 66 market data Tables and 48 Figures spread through 127 Pages and in-depth TOC on "Fiber to the x Market - Global Forecast to 2023"Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186425355Early buyers will receive 10% customization on reports.Fiber-to-the-home architecture expected to account for largest market size in 2018Fiber-to-the-home architecture is expected to hold the largest size of the FTTx market in 2018.
Applications such as internet TV, video on demand, video calling, and video conferencing are driving the need for higher bandwidth, and to cater to this need, the existing copper networks are being replaced with fiber networks under various FTTx architectures, such as FTTh, FTTp, FTTb, and FTTo.FTTx market for residential vertical to grow at highest CAGR during forecast periodFTTh is the fastest-growing architecture, which provides higher bandwidth to end users, resulting in more robust video, internet, and voice services.
Such increasing penetration of FTTh/b worldwide is accelerating its growth in the residential vertical.APAC to dominate FTTx market during forecast periodThe FTTx market in APAC is expected to grow at the highest CAGR during the forecast period owing to the increasing demand for broadband, especially in highly populated countries such as India and China, which account for about one-third of the world’s population.
Moreover, the Asian government is pushing for more investments in fiber broadband, resulting in the increasing penetration of FTTx network in APAC.Major players operating in the FTTx market include Allied Telesis (Japan), CommScope (US), AFL (US), OFS (Japan), Huawei (China), Shanghai Sun Telecommunication (China), ZTT (China), Fiber Optic Telecom (China), ZTE (China), Alfocom Technology (China), Verizon (US), Bharat Sanchar Nigam Limited (India), AT (US), China Telecom Corporation Limited (China), Vodafone Group PLC (England), MTN Group (South Africa), Telkom (South Africa), Altice (Netherlands), and America Movil (North America).
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