The global hybrid fiber coaxial market is worth US$ 12.2 Billion as of now and is expected to reach US$ 24 Billion by the year 2033 at a CAGR of 7% between 2023 and 2033.
The need for superlative telecommunication infrastructure is compelling people to go for digital TVs, which, in turn, asks for higher bandwidth. The advantages of higher bandwidth include quicker data transfer, shorter download time, and likewise.
Hybrid fiber-coaxial cables help in developing smart and autonomous vehicles integrated with information systems for offering a superior in-vehicle experience, making high-speed transmission available, and reducing weight of the cable.
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Hybrid fiber-coaxial networks, as the name suggests, make use of optical as well as coaxial fiber cables. Television operators are frequent users of this system. The signal gets transmitted from the source for distributing optical fiber lines, converted into the radio frequencies over there, and then distributed to end-user coaxial cable networks.
CMTS/CCAP part rules the hybrid fiber coaxial market. CMTS does manage upstream and downstream cable modem traffic. CCAP does create a single device combining CMTS and edge QAM technologies.
MSOs (Multiple Service Operators) do incorporate CMTS/CCAP systems. They, on a cable network, are basically utilized with cable modems for exchanging digital signals. As such, services such as VoIP (Voice over Internet Protocol) and fast internet could be provided.
Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Hybrid Fiber Coaxial Market’. It has a well-experienced team of analysts and consultants to execute using a bottom-up approach in its primary, secondary, and tertiary modes of research.
“With the need to modernize infrastructure to incorporate the hybrid fiber-coaxial cables, the global hybrid fiber coaxial market is expected to grow well in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Hybrid Fiber Coaxial Market
- North America holds the largest market share with the US being subject to the adoption of facilities like broadband and digital TV.
- The Asia-Pacific is expected to grow at the quickest rate in the hybrid fiber coaxial market with China leading from the front followed by India. Japan is expected to pick up the pace on this count in the forecast period with rising demand for high-speed internet services for video streaming, online gaming, and remote work.
- Coming to Europe, the UK’s hybrid fiber coaxial market is gaining prominence. HUBER + SUNHER, in October 2020, did improve their SUCOFLEX 500 series with a new-fangled cable assembly offering consistency up to 70 GHz.
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Competitive Analysis
- Corning Inc., in August 2022, came up with new network connectivity solutions called the ‘Evolv portfolio’. These products are designed for providing network operators with better flexibility than conventional cable deployment methods.
- Corning Inc., in August 2022, did announce expanding production capacity of optical cable. The background of this expansion is long-term clientele with AT&T.
- Cisco, in March 2023, did announce innovations related to 800G. The basic purpose is that of transforming the sustainability and economics of the internet for the future.
- T-Mobile, in February 2023, entered into a partnership with Cisco with the intention of offering access to 5G cellular gateways from Cisco Meraki. They have been designed for FWA (fixed wireless access). The gateways are termed MG51E and MG51.
- Altair, in May 2020, did bring out WRAP software that emphasizes several applications inclusive of interference, radio planning, wireless propagation modeling, and coverage calculation.
What Does the Report Cover?
- The research study is based on components (CMTS/CCAP, fiber optic cable, amplifier, optical node, optical transceiver, and likewise), and by application (digital TV, analog TV, telephone network, broadband, and likewise).
- With demand for higher bandwidth on the rise; the global hybrid fiber coaxial market is expected to grow inadvertently in the forecast period.
Key Players
- Huawei Technologies Co Ltd.
- Nokia Networks
- Cisco Systems Inc.
- Technicolor SA
- Corning Incorporated
How can Hybrid Fiber Coaxial Market Players Grow Their Businesses?
- Invest in advanced hybrid fiber coaxial structure to provide high speed
- Offer bundled services to increase customer loyalty besides revenue
- Focus on providing excellent customer service through effective problem resolution
- Provide personalized solutions to customers for better experiences
- Expand service offerings beyond traditional internet and cable TV services
- Include value-added services like smart home automation
- Collaborate with other service providers to broaden their service portfolio
Hybrid Fiber Coaxial Market Segmentation
By Component:
- CMTS/CCAP
- Fiber Optic Cable
- Amplifier
- Optical Node
- Optical Transceiver
- Other
By Application:
- Digital TV
- Analog TV
- Telephone Network
- Broadband
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa(MEA)
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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. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10-years.
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