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Fiber to the x Market Worth $14.31 Billion by 2023
[August 20, 2018]

Fiber to the x Market Worth $14.31 Billion by 2023


PUNE, India, August 20, 2018 /PRNewswire/ --

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", published by MarketsandMarkets™, 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.

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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"

https://www.marketsandmarkets.com/Market-Reports/fiber-to-the-x-market-186425355.html

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Fiber-to-the-home architecture expected to account for largest market size in 2018 

Fiber-to-the-home architecture is expected to hold the largest size of the FTTx market in 2018. This can be attributed to the increasing number of subscribers globally. 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 period 

FTTh is the fastest-growing architecture, which provides higher bandwidth to end users, resulting in 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.



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APAC to dominate FTTx market during forecast period 


The 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&T (US), China Telecom Corporation Limited (China), Vodafone Group PLC (England), MTN Group (South Africa), Telkom (South Africa), Altice (Netherlands), and America Movil (North America).

Know more about the Fiber to the x Market: 

https://www.marketsandmarkets.com/Market-Reports/fiber-to-the-x-market-186425355.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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