The global revenue from sales in the fiber to the home (FTTH) market is expected to reach approximately US$ 23.42 billion in 2023. This market is anticipated to grow steadily at a CAGR of 15.1%. By the year 2033, it is predicted that the FTTH market will attain a total value of around US$ 95.88 billion.
It’s worth noting that the FTTH market represents a significant portion of the broader fiber-optic communications market, comprising approximately 15% of it.
The market shows a positive growth bar due to the continuous developments in optical fiber technologies. Key factors impacting the demand for fiber the home solution are:
- Increasing broadband penetration rates
- Rise in internet TV
- Increasing need for fiber to the x (FTTx)
- Growing telecommunication industry
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Growing adoption of technology advancement solutions such as cloud computing, e-Governance, e-Learning, e-Health, and smart grids, are other major factors due to which the demand for high-speed fiber to the home is expected to increase during the forecast period.
Recent Developments:
- To complete its current deployment, Orange and Telefonica S.A. signed a commercial wholesale agreement in February 2018. This deal gives Orange an alternative to co-investing with other parties.
- America Movil stated in January 2019 that it has agreed to purchase 99.3% of Telefonica Moviles El Salvador, S.A. de C.V. and 100% of Telefonica Moviles Guatemala, S.A. (“Telefónica Guatemala”). The acquired businesses offer voice, internet, and pay TV services for mobile and fixed customers in El Salvador and Guatemala, respectively.
Leading Key players:
- China Telecom Corporation Limited
- China Mobile Ltd.
- Verizon Communications Inc.
- AT&T Inc.
- Vodafone Group Plc.
- Nippon Telegraph and Telephone Corporation
- SoftBank Group Corp.
- Deutsche Telekom AG
- Telefonica S.A.
- America Movil
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Fiber to the Home (FTTH) Market segmentation:
By Download Speed:
- Less than 50 Mbps
- 50 Mbps to 100 Mbps
- 100 Mbps to 1 Gbps
- More than 1 Gbps
By Application:
- Internet TV
- VoIP
- Interactive Gaming
- VPN on Broadband
- Virtual Private LAN Service
- Remote Education
- Smart Home Application
By End User:
- Single Family Homes
- Multiple Dwelling Units
- Small Office Home Office
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
- The Middle East & Africa
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