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WiredRelease
WiredRelease
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US$ 12 Bn in 2019: Fiber to The Home Market and is expected to register a CAGR of 15.1%

April 17, 2019 | About:

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.

The 50 to 100 Mbps segment is largest with a revenue share of 43.6% in 2018 and is expected to continue its dominance over the forecast period. The VoIP application segment in the global Fiber to The Home market has accounted for a revenue share of 2,453.9 in 2018.

The Fiber to The Home market in the Asia Pacific is expected to account for a major revenue share of US$ 7,549.3 Mn in 2018 and is expected to register significant CAGR over the next ten years. High Internet penetration in countries such as India and China in the region and growing number of Internet subscribers are among some of the major factors expected to support the growth of the Fiber to The Home market in the Asia Pacific. The market in Europe is expected to account for the second-highest revenue share in the global market.

Key players operating in the global Fiber to The Home market include 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.

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 a 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 the growth of the global Fiber to The Home market over the forecast period.

Among all the application segments, the others segment is expected to contribute major revenue share in the global Fiber to The Home market and is expected to register moderate CAGR of over 15%, in terms of revenue over the forecast period. This can be attributed to the growing digital lifestyle trend, coupled with high Internet penetration across the globe.

Middle East & Africa market is expected to register the highest CAGR of over 17% in the global Fiber to The Home market over the forecast period. Increasing investments by regional players and growing demand for improved Internet infrastructure are among some of the major factors driving the growth of FTTH market in Middle East & Africa.

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WiredRelease
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