With Market Size Valued at $29.7 Billion by 2026, it`s a Healthy Outlook for the Global Fiber-to-the-Home/Building (FTTH/B) Market

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Mar 01, 2022, 07:50 ET

SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fiber-to-the-Home/Building (FTTH/B) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

Fiber-to-the-Home/Building (FTTH/B) - FEB 2022 Report

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Edition: 18; Released: February 2022
Executive Pool: 4501
Companies: 86 - Players covered include AT&T, Inc.; Bharat Sanchar Nigam Limited; BT Group Plc; China Mobile Ltd.; China Telecom Corporation; China Unicom Limited; Deutsche Telekom AG; Etisalat (UAE); Fastweb S.p.A.; Liquid Telecommunications Holdings Limited; Maroc Telecom S.A.; MTN Group Ltd; Nippon Telegraph and Telephone Corp. (NTT Group); Saudi Telecom Company; Telefonica S.A.; Verizon Communications Inc.; Vocus Group Limited; Vodafone Group PLC and Others.
Coverage: All major geographies and key segments
Segments: Download Speed (50 Mbps to 100 Mbps, 100 Mbps to 1 Gbps, Other Download Speeds); Application (VoIP, Internet TV, Virtual Private LAN Service, Smart Homes, Online Education, Other Applications)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

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ABSTRACT-

Global Fiber-to-the-Home/Building (FTTH/B) Market to Reach US$29.7 Billion by the Year 2026
Fiber optic networks hold a crucial role in supporting emerging technologies including mobile computing, the cloud, high-quality video and IoT owing to their ability to deliver highest-speed data transfer rates. Fiber-to-the-home/building (FTTH/B) is one of the primary formats of these networks where a fiber cable reaches to a shared property while the other cabling offers Internet connection to single offices, homes or other spaces. FTTH/B applications rely on passive and active networks for distributing signals over shared fiber optic cable to single offices or homes. The fiber optic technology is finding increasing adoption across households, businesses and industries owing to its several benefits over traditional connectivity solutions. The technology is particularly suitable for organizations using the cloud for storing data and apps. The replacement of copper with high-speed optical fibers in network construction has especially come as a boon for the FTTH/B market. Based on its enhanced bandwidth and speed, FTTH/B networks are used in companies for transmission of heavy files and streaming HD content. The technology is a suitable option to support tasks such as video or web conferencing and teleconferencing for employee training, sales and marketing.

Amid the COVID-19 crisis, the global market for Fiber-to-the-Home/Building (FTTH/B) estimated at US$19.1 Billion in the year 2022, is projected to reach a revised size of US$29.7 Billion by 2026, growing at a CAGR of 13.1% over the analysis period. 50 Mbps to 100 Mbps, one of the segments analyzed in the report, is projected to grow at a 13% CAGR to reach US$15 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the 100 Mbps To 1 Gbps segment is readjusted to a revised 14.2% CAGR for the next 7-year period. This segment currently accounts for a 36.2% share of the global Fiber-to-the-Home/Building (FTTH/B) market. The FTTH/B connection allows companies to push investments in video conferencing as an effective business platform without compromising over bandwidth and speed. The strategy allows organizations to achieve considerable savings by reducing dependence on business travel. In addition, FTTH/B networks are being used by homeowners and building owners for their enhanced speed to support HD content and online gaming. On the other hand, various industries are embracing fiber optic networks to support data transmission among systems. The data generated by a large number of sensors in manufacturing facilities enables operators to gain relevant insights for improving operations and productivity while saving on maintenance costs and losses due to downtime.

The U.S. Market is Estimated at $5.3 Billion in 2022, While China is Forecast to Reach $8 Billion by 2026
The Fiber-to-the-Home/Building (FTTH/B) market in the U.S. is estimated at US$5.3 Billion in the year 2022. The country currently accounts for a 28.1% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$8 Billion in the year 2026 trailing a CAGR of 15% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 11.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12% CAGR while Rest of European market (as defined in the study) will reach US$9.1 Billion by the end of the analysis period. Asia remains the major regional market in the Fiber-to-the-Home (FTTH) broadband marketplace, with countries such as South Korea and Japan considered world leaders in this vertical. On the other hand, Europe and North America also have higher penetration of broadband networks, the speed of which is at par or exceeds the networks in Asia.

By Application, VoIP Segment to Reach $7.4 Billion by 2026
Global market for VoIP by Application segment is estimated at US$4.9 Billion in 2022, and is projected to reach US$7.4 Billion by 2026 reflecting a compounded annual growth rate of 12.3% over the analysis period. China constitutes the largest regional market for VoIP segment, accounting for 28.2% of the global sales. China is poised to register the fastest compounded annual growth rate of 14.1% over the analysis period, to reach US$2.6 Billion by the close of the analysis period. More

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