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    Home > Chemicals Industry > International Chemical > The global fiber access market will reach $2018.97 billion in <>

    The global fiber access market will reach $2018.97 billion in <>

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    According to the latest report from Markets and Markets, the global fiber access market (FTTx) is expected to grow from $9.
    7 billion in 2018 to $14.
    31 billion by 2023, with a CAGR of 8.
    10%
    during the period.

    The global fiber access market will reach $9.
    7 billion in 2018

    The growing demand for higher bandwidth, increasing use of fiber in mobile backhaul, and growing demand for triple and quadruple playback services are the key factors
    driving the growth of the fiber access market.

    FTTH will hold the largest market share in 2018

    In 2018, FTTH will account for the largest share of the fiber access market, attributed to the increase
    in the number of users worldwide.
    Applications such as Internet TV, video-on-demand, video calling, and video conferencing are driving the demand
    for higher bandwidth.
    To meet this demand, existing copper networks are being replaced by fiber networks under various fiber access architectures, such as fiber-to-the-home (FTTh), fiber-to-the-building (FTTb) and fiber-to-the-office (FTTo).

    The fiber access market in the residential vertical will grow at the highest CAGR

    Fiber-to-the-home is the fastest-growing architecture that provides higher bandwidth to end users for more robust video, internet, and voice services
    .
    As of June 2016, the number of global FTT subscribers was approximately 274 million, with Asia Pacific accounting for about 77%, followed by Europe with 15%, North America with 5%, Latin America with 2% and the Middle East and Africa with 1%.

    The growing adoption of fiber-to-the-home across the globe is accelerating its growth
    in the residential vertical.

    Asia Pacific will dominate the fiber access market during the forecast period

    The fiber access market in Asia Pacific is expected to grow at the highest CAGR due to the increasing demand for broadband, especially in densely populated countries
    such as India and China.
    In addition, Asian governments are driving more investment in fibre broadband, leading to increasing penetration of fibre access networks in the Asia-Pacific region
    .

    Key players in the global fiber access market include Allied Telesis (Japan), CommScope (US), AFL (US), OFS (Japan), Huawei (China), Shanghai Pujin Industry (China), Zhongtian Technology (China), Optical Telecom (China), ZTE (China), Overcomb Technologies (China), Verizon (USA), Bharat Sanchar Nigam Limited (India), AT&T (USA), China Telecom (China), Vodafone Group (UK), MTN Group (South Africa), South African Telecom (South Africa), Altice (Netherlands) and América Mobile (North America).

    According to the latest report from Markets and Markets, the global fiber access market (FTTx) is expected to grow from $9.
    7 billion in 2018 to $14.
    31 billion by 2023, with a CAGR of 8.
    10%
    during the period.

    Fiber access

    The global fiber access market will reach $9.
    7 billion in 2018

    The global fiber access market will reach $9.
    7 billion in 2018

    The growing demand for higher bandwidth, increasing use of fiber in mobile backhaul, and growing demand for triple and quadruple playback services are the key factors
    driving the growth of the fiber access market.

    FTTH will hold the largest market share in 2018

    FTTH will hold the largest market share in 2018

    In 2018, FTTH will account for the largest share of the fiber access market, attributed to the increase
    in the number of users worldwide.
    Applications such as Internet TV, video-on-demand, video calling, and video conferencing are driving the demand
    for higher bandwidth.
    To meet this demand, existing copper networks are being replaced by fiber networks under various fiber access architectures, such as fiber-to-the-home (FTTh), fiber-to-the-building (FTTb) and fiber-to-the-office (FTTo).

    The fiber access market in the residential vertical will grow at the highest CAGR

    The fiber access market in the residential vertical will grow at the highest CAGR

    Fiber-to-the-home is the fastest-growing architecture that provides higher bandwidth to end users for more robust video, internet, and voice services
    .
    As of June 2016, the number of global FTT subscribers was approximately 274 million, with Asia Pacific accounting for about 77%, followed by Europe with 15%, North America with 5%, Latin America with 2% and the Middle East and Africa with 1%.

    The growing adoption of fiber-to-the-home across the globe is accelerating its growth
    in the residential vertical.

    Asia Pacific will dominate the fiber access market during the forecast period

    Asia Pacific will dominate the fiber access market during the forecast period

    The fiber access market in Asia Pacific is expected to grow at the highest CAGR due to the increasing demand for broadband, especially in densely populated countries
    such as India and China.
    In addition, Asian governments are driving more investment in fibre broadband, leading to increasing penetration of fibre access networks in the Asia-Pacific region
    .

    Key players in the global fiber access market include Allied Telesis (Japan), CommScope (US), AFL (US), OFS (Japan), Huawei (China), Shanghai Pujin Industry (China), Zhongtian Technology (China), Optical Telecom (China), ZTE (China), Overcomb Technologies (China), Verizon (USA), Bharat Sanchar Nigam Limited (India), AT&T (USA), China Telecom (China), Vodafone Group (UK), MTN Group (South Africa), South African Telecom (South Africa), Altice (Netherlands) and América Mobile (North America).

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