DUBLIN, Jan. 24, 2019 /PRNewswire/ --
The "Hybrid Fiber Coaxial Market by Technology (DOCSIS 3.0 & Below and DOCSIS 3.1), Component (CMTS/CCAP, Fiber Optic Cable, Amplifier, Optical Node, Optical Transceiver, Splitter, and CPE), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The hybrid fiber coaxial (HFC) market is expected to reach USD 13.6 billion by 2023 from USD 9.6 billion in 2018, at a CAGR of 8.02% during 2018-2023.
Major factors driving the growth of the hybrid fiber coaxial market include high bandwidth and cost efficiency. High bandwidth extends benefits such as shorter download time, smoother experience with multiple concurrent online applications and users, and faster data transfer. Demand for higher bandwidth is driving the need for HFC network as it eliminates the limitations of complete copper cable architectures, such as latency and data transfer at high bandwidth. However, factors such as troubleshooting and maintenance issues after deployment are restraining the growth of the market.
Hybrid fiber coaxial (HFC) is a network technology that supports 2-way, high-speed broadband traffic (video, voice, and data) using varying proportions of fiber optic and coaxial (copper) cables. The growth of this market is propelled by factors such as cost efficiency of HFC cables, increasing demand for higher bandwidth and IoT gaining global foothold.
HFC technology helps to deliver cost-effective services, such as the internet, interactive TV, and video on demand, to consumers. Its maintenance cost is lesser as compared to other competing technologies. HFC is able to provide high bandwidth due to the application of fiber-copper framework. Increasing demand for higher bandwidth is expected to influence the adoption of HFC in the coming years positively. CMTS/CCAP component accounted for 45.1% (largest share) of the HFC market in 2017. T
he market for CMTS/CCAP is expected to grow from USD 3,872.0 million in 2017 to USD 7,228.3 million by 2023, at the highest CAGR of 10.96% during 2018-2023. The market for CPE component was valued at USD 2,310.0 million in 2017 and is projected to reach USD 3,051.6 million by 2023, at a CAGR of 4.75% during 2018- 2023.
In 2017, systems with DOCSIS 3.0 and below standards held the larger market share. The market for systems with DOCSIS 3.1 is expected to grow at a higher CAGR of 34.76% from 2018 to 2023 due to increasing demand for high-speed internet and OTT services, such as internet TV, video on demand, music, and communications. The market for DOCSIS 3.1 was valued at USD 1,146.7 million in 2017 and is projected to reach USD 13,635.4 million by 2023.
Europe accounted for 29.2% of the global HFC market in 2017; the market here is expected to grow at the highest CAGR of 9.92% during 2018-2023. The major growth drivers are increasing digital media consumption and the rising number of subscribers getting connected to the network. North America accounted for 46.2% (largest share) of the global HFC market in 2017. The market in North America was valued at USD 3,968.8 million in 2017 and is expected to reach USD 6,450.0 million by 2023, at a CAGR of 8.43% during 2018-2023.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Hybrid Fiber Coaxial Market
4.2 Hybrid Fiber Coaxial Market, By Component
4.3 Hybrid Fiber Coaxial Market, By Technology
4.4 Hybrid Fiber Coaxial Market in North America, By Component & Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Cost Efficiency of HFC Cables
5.2.1.2 Increasing Demand for Higher Bandwidth
5.2.1.3 IoT Gaining Global Foothold
5.2.2 Restraints
5.2.2.1 Proactive Monitoring, Troubleshooting, and Maintenance Issues
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Video-Focused Data
5.2.3.2 Docsis 3.1 Technology Upgrade Cycle
5.2.4 Challenges
5.2.4.1 Signal Interference in Return Paths
6 HFC Market, By Technology
6.1 Introduction
6.2 Docsis 3.1
6.2.1 Docsis 3.1 Technology is Expected to Be Fastest Growing Owing to Its Higher Adoption Rate for HFC Network
6.3 Docsis 3.0 & Below
6.3.1 Docsis 3.0 Technology Gained Traction as It Could Support Multiple Channels and Enhance the Performance of the Network
7 HFC Market, By Component
7.1 Introduction
7.2 CMTS/CCAP
7.2.1 CMTS/CCAP Component to Dominate the HFC Market During the Forecast Period
7.3 Fiber Optic Cable
7.3.1 Fiber Optic Cable Plays One of the Most Significant Role in the Deployment of HFC Network
7.3.2 Single-Mode Fiber
7.3.3 Multimode Fiber
7.4 Amplifier
7.4.1 North America to Dominate the HFC Market for Amplifier During the Forecast Period
7.5 Optical Node
7.5.1 APAC Dominates the HFC Market for Optical Node Component
7.6 Optical Transceiver
7.6.1 Optical Transceiver Helps in Improving Speed and Transmission Distance of the Signals in the Network
7.7 Splitter
7.7.1 Splitter Plays an Important Role in In the Network as It Allows A Single Interface to Be Shared Among Many Subscribers
7.8 Customer Premises Equipment
7.8.1 Europe to Be Fastest Growing Region in HFC Market for CPE
8 Geographic Analysis
9 Competitive Landscape
9.1 Overview
9.2 Competitive Situations and Trends
9.2.1 Product Launches
9.2.2 Partnerships, Agreements, and Contracts
9.2.3 Others
10 Company Profiles
10.1 Overview
10.2 Equipment/Solution Providers
10.2.1 Arris
10.2.2 Huawei
10.2.3 Nokia
10.2.4 Technicolor
10.2.5 Cisco
10.2.6 Corning
10.2.7 Ciena
10.2.8 Commscope
10.2.9 PCT International
10.2.10 ZTE
10.2.11 Comba
10.2.12 Skyworks
10.2.13 Vecima Networks
10.2.14 Technetix
10.2.15 Infinera
10.2.16 Finisar
10.2.17 Bentley Systems
10.2.18 Bktel
10.2.19 C-Cor Broadband
10.3 Service Providers
10.3.1 Comcast
10.3.2 Teleste Corporation
10.3.3 Telstra
10.3.4 Vodafone
10.3.5 Verizon
10.3.6 Charter Communications
10.3.7 COX Communications
10.3.8 Singtel Optus
10.3.9 Com Hem
10.3.10 TDC
10.3.11 Telecom Italia
10.3.12 Telefonica
For more information about this report visit https://www.researchandmarkets.com/research/92588l/hybrid_fiber?w=5
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