Report: Global Fiber to the Home Market to Exceed $27 Billion by 2027
11/14/2017
According to a new report published by Future Market Insights, the worldwide fiber-to-the-home market (FTTH) is expected to reach more than $37 billion by the end of 2027.
Reasons for this growth include:
- Growth of smart homes and gadgets
- Rising awareness regarding various advantages offered by fiber optics
- Favorable government initiatives
- Increasing adoption of environmentally friendly solutions
- Rising demand for entertainment sources for residential applications,
- Increasing demand for FTTH in schools, hospitals, government buildings and libraries
- The emergence of teleworking,
- Rising demand for high speed internet, and construction in emerging economies,
- Increasing investments in the telecom sector
- Increasing internet users
- Rising demand for enhanced internet infrastructure and high immunity of fiber cabling.
Other key insights include:
- The 100 Mbps to 1 Gbps segment is expected to dominate the global market, with an expected revenue of $11,667 million. Also, the 50 to 100 Mbps segment is expected to grow at the highest rate during the forecast period.
- Asia Pacific, excluding Japan is expected to grow at the highest rate over the forecast period and is estimated to exceed $10 billion.
- The internet TV segment is expected to grow at 14.2% CAGR, exceeding $7 billion by the end of the forecast period, with the VOIP segment expected to be the second largest in terms of value.
Related News
From Archive
Sign up to Receive Our Newsletter
- DeLa Express seeks FERC approval for Permian-to-Louisiana gas pipeline project
- OSHA penalizes Houston contractor over safety violations resulting in worker's death
- Fiber infrastructure has no known expiration date, Fiber Broadband Association research concludes
- Nevada OSHA fines Elon Musk's Boring Company over safety violations in Vegas tunnel project
- Damage prevention and safety: Turning awareness into action
- Ditch Witch 1030
- Michigan lawmakers introduce bills to create septic codes throughout the state
- Indiana American Water to gain 8,000 water customers with Silver Creek Water acquisition
- Arkansas governor allocates $42 million for water infrastructure projects
- Federal judge finds Flint, Mich, in contempt over lead water pipe crisis
Comments