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 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.
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.
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.
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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.
By Use Cases
- Internet TV
- VoIP
- Interactive Gaming
- VPN on Broadband
- Virtual Private LAN Service
- Remote Education
- Smart Home Application
By Download Speed
- Less than 50 Mbps
- 50 to 100 Mbps
- 100 Mbps to 1 Gbps
- 1 Gbps to 10 Gbps
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East and Africa
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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