The global Fiber to The Home market is estimated to value at over US$ 12 Bn in 2019, and is expected to register a CAGR of 15.1%. The global Fiber to The Home market report has been segmented on the basis of product type, application, and region.
Global Fiber to The Home Market: Definition
Fiber to the home (FTTH), also called "fiber to the premises" (FTTP), is the installation and use of optical fiber from a central point directly to individual buildings such as residences, apartment buildings, and businesses to offer unprecedented high-speed Internet access. In FTTH networks, fibers are directly connected to individual homes or multitenant buildings. Fiber to the Home (FTTH) is an integrated communication technology that functions on fiber optic technology to enable faster, effective communication, and high-speed Internet connectivity. The technology connects homes, apartments, buildings, and businesses to the operator via optic fiber wires. It allows consumers to listen to audio from a variety of sources, listen and view HD audio-visual formats, and generally gain access to increased volumes of digital data at relatively high speeds.
Global Fiber to The Home Market: Market Dynamics
FTTH broadband connections allow customers to bundle their communications services, which include telephony (including intercom), cable TV, On-demand IPTV, CCTV, video door phone, safety and security services, smart home applications, and other kinds of digital data stream can all be operated from home through a simple FTTH connection. In addition, increasing demand for technologically advanced products such as smart grid and smart home solutions, fire alarm and access control systems, safety and security services, and smart automation, owing to increasing disposable income is expected to boost growth of the global Fiber to The Home market over the forecast period.
Moreover, increasing urbanization, coupled with increasing government funding on development of smart city projects are some among other major factors expected to boost growth of the target market over the forecast period. Benefits of a smart city include increased security and quick access to all cloud services, and also access to faster, more reliable, and higher quality communication systems for residents. In a smart city ideally, all homes are required to be connected to the Internet – possibly through FTTH network – therefore increasing adoption of FTTH in smart city planning, which is expected to boost growth of the target market in the near future.
Global Fiber to The Home Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global Fiber to The Home market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global Fiber to The Home market is expected to register at a CAGR of 15.1% over the forecast period.
Global Fiber to The Home Market: Segmental Snapshot
The market report has been segmented on the basis of product type, application, and region/country. The product type segment includes 100 Mbps to 1 Gbps, 50 to 100 Mbps, and Others. The application segment includes TV, VoIP, and Others. The regions/countries covered in the analysis include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product Type: The 50 to 100 Mbps segment is expected to account for highest revenue share contribution as compared to other product type segments. The 100 Mbps to 1 Gbps segment is expected to register highest CAGR of over 15%.
By Application: The others segment is projected to account for highest revenue share as compared to that of other application segments. The TV segment is expected to register highest CAGR of over 15.1% over the forecast period.
By Region: The market in Middle East & Africa is projected to register highest CAGR of over 17% in the global market over the forecast period
Global Fiber to The Home Market: Competitive Analysis
The research report on the global Fiber to The Home market include profiles of some of major companies such as China Mobile Limited, Verizon Communications Inc., AT&T Inc., Vodafone Group Plc, Nippon Telegraph and Telephone Corporation, SoftBank Group Corp., Deutsche Telekom AG, Telefónica, S.A., América Móvil, S.A.B. de C.V., and China Telecom Group Co., Ltd.
The Global Fiber to The Home Market: Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global Fiber to The Home market for 2018–2028.
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