According to research firm MarketsandMarkets, the global Fibre to the X (FTTx) market is expected to grow from $9.70 billion in 2018 to $14.31 billion by 2023, at a CAGR of 8.10% from 2018 to 2023.
The FTTx market in APAC is expected to grow at the highest CAGR during 2018–2023. A particularly strong driver is increasing demand for broadband across an area, including India and China, that houses about one-third of the world’s population. A great deal of demand is expected to come from residential markets, owing to the increasing requirement of fibre networks to overcome shortcomings such as narrow bandwidth, data overwhelming, interference, and higher maintenance and operating costs of copper networks.
FTTx market growth drivers include increasing demand for higher bandwidth, growing use of optical fibre in mobile backhaul for communication, and rising demand for triple- and quad-play services. The Ft. market in 2018 will primarily consist of FTTH. Applications such as Internet TV, video on demand (VOD), video calling, and video conferencing are driving the need for higher bandwidth. To cater to this need, the existing copper networks are being replaced with fibre networks under various Ft. architectures. Fibre networks are capable of carrying data over long distances with minimal loss. Key operators such as AT&T, Verizon, Cox, and TeliaSonera are currently deploying FTTx networks for their LTE network backhaul. Many service providers are shifting toward fibre-fed networks for mobile backhaul.”
“The number of mobile subscribers is increasing as service providers offer services such as mobile TV and video on demand. As the number of subscribers increases, existing copper cable networks can’t keep up, affecting network performance with respect to speed, efficiency, and reliability. Ft. architecture can overcome these shortcomings. Furthermore, businesses and individuals are interested in receiving video content. Combined with the rise of IPTV, video calling, e-learning, and other video-focused applications, this is pushing telecom service providers to transform their networks.”