Fiber to the home (FTTH), is called as fiber to premises (FTTP), consists of the installation with the use of optical fiber from the central point directly over the individual buildings such as residences, apartment buildings and businesses providing the high-speed internet access. The FTTH further increases the connection speeds used by the computer users as compared over to other technologies. Moreover, some of the major benefits associated using fiber to the home includes the high speed over the longer distances and the improved performance for the high-definition video streaming on applications over YouTube and Roku.
According to study, “Global Fiber to the Home Market to reach USD 37 Billion by 2026” the key companies operating in the global fiber to the home market are China Telecom, Nippon Telegraph & Telephone Corporation, China Mobile Ltd., Deutsche Telekom AG, Verizon Communications Inc., America Movil, AT&T Inc., Softbank Group Corp., Vodafone Group plc., Telefonica S.A. These players focus on R&D, and advancement of IoT devices.
Based on network architecture, FTTH market is segmented as single mode, multi-mode, and others. Based on speed, market is segmented as less than 50 Mbps, 50 to 100 Mbps, 100 Mbps to 1 Gbps and 1 Gbps to 10 Gbps. Based on components, market is segmented as core, cable jacket, coating, and cladding. Based on application, market is segmented as internet TV, VPN on broadband, VoIP, remote education, virtual private LAN service, interactive gaming and smart home application. In addition, based on end-use, market is segmented as commercial, residential, and others.
The FTTH market is driven by rise in demand for faster connection speeds, followed by growth in adoption of smart gadgets, increase in entertainment options, rise in demand for higher bandwidth, growth in artificial intelligence technology and IOT devices, rise in investments in research & development (R&D) for high bandwidth fiber cables, surge in online learning options, rise in demand for entertainment sources for residential applications and better internet infrastructure. However, high initial cost for deployment of fiber to the home network may impact the market. Moreover, increases in government initiatives for the development of smart home automation projects and smart city projects provide lucrative opportunities for market.
Based on geography, the Asian-Pacific is a significant region in global FTTH market owing to rise in construction industry and growth in advancements related to voice internet over protocol applications such as Facebook messenger, Google voice, Skype, and others in the region. Whereas, the North-American and European regions are anticipated to exhibits higher growth rate due to increase in government support for the implementation of smart city programs and growth in adoption of advanced network infrastructure over the forecast period. In upcoming years, it is expected that future of the global FTTH market will be bright on account of proliferation of web-enabled devices coupled with rise in internet penetration during the forecast period. The Global FTTH market is valued approximately at US $10.4 Billion in 2018 and is likely to grow with a growth rate of more than 15.10% over the forecast period 2019 to 2026.
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Ankur Gupta, Head Marketing & Communications