The market for fiber to the home was valued at over US$ 9.5 billion in 2017; by the end of the assessment year, it is anticipated to have increased to more than US$ 37 billion.
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The market for fibre to the home was valued at over US$ 9.5 billion in 2017; by the end of the assessment year, it is anticipated to have increased to more than US$ 37 billion.
In its latest research release, Future Market Insights has nailed the pulse of the global fibre to the home market. According to Future Market Insights’ analysis of the market, the worldwide fiber-to-the-home market is anticipated to grow at a healthy rate and reach a notable valuation by the end of the forecast year. The global market has experienced rapid expansion even at this early stage. It is anticipated to expand at a rapid CAGR of 14.4% over the projection period.
The Fiber to the Home (FTTH) market refers to the industry that provides high-speed internet access via fiber-optic cables directly to homes and businesses. The FTTH market has grown rapidly in recent years due to the increasing demand for high-speed internet connectivity and the advantages that fiber offers over traditional copper and coaxial cables.
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FTTH provides faster and more reliable internet speeds, as well as the ability to handle multiple high-bandwidth applications simultaneously. This makes it a popular choice for households and businesses that require reliable, high-speed internet access for activities such as streaming video, gaming, and telecommuting.
The FTTH market is highly competitive and includes a mix of telecom operators, internet service providers, and technology companies. Key players in the market are investing in new technologies and expanding their fiber networks to meet growing demand.
Factors such as government support, growing consumer awareness of the benefits of fiber, and increasing adoption of connected devices are driving growth in the FTTH market. The market is expected to continue to grow in the coming years, with the increasing demand for high-speed internet connectivity and the roll-out of 5G networks.
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Regional outlook
In North America, the internet gaming segment is the largest in the use cases category. It is poised to grow at a high CAGR of 14.7% to reach US$ 1.2 Bn by 2027 end. In Latin America, the VOIP segment is expected to hold high market share and is a fast growing segment in this region.
The VOIP segment is estimated to reach a value of more than US$ 560 Mn by 2027 end. In Asia Pacific excluding Japan (APEJ) region, the internet TV segment is expected to dominate the market followed by VOIP segment in the coming years.
Market segmentation
The research report on global fibre to the home market covers a detailed segmentation with the help of which several inferences about the market growth, regional scenario, sub segment breakdown, etc., can be drawn.
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By Use Cases
By Download Speed
By Region
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Fibre to the Home Market review , outlook , forecast , demand , size , share , key trends , analysis , Research , overview
Jun 29, 2023
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