Dublin, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The "Fiber-to-the-Home/Building (FTTH/B) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Fiber-to-the-Home/Building (FTTH/B) is estimated at US$25.1 Billion in 2023 and is projected to reach US$54.7 Billion by 2030, growing at a CAGR of 11.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the FTTH/B market is driven by several factors. Firstly, the surging demand for high-speed and reliable internet services, fueled by the proliferation of digital applications and smart devices, is boosting the adoption of FTTH/B networks. Secondly, advancements in fiber optic technology and network architectures are reducing deployment costs and improving the efficiency of fiber networks. Thirdly, government initiatives and funding programs aimed at expanding broadband access are supporting the growth of FTTH/B infrastructure.
Additionally, the rising trend of remote work, online education, and digital entertainment is driving the need for robust and high-capacity broadband networks. Lastly, the increasing focus on smart city development and the Internet of Things (IoT) is creating new opportunities for FTTH/B networks, as these technologies rely on high-speed and reliable internet connectivity to function effectively.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Fiber-to-the-Home/Building (FTTH/B) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Fiber-to-the-Home/Building (FTTH/B) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the 50 Mbps to 100 Mbps Download Speed FTTH/B segment, which is expected to reach US$24.9 Billion by 2030 with a CAGR of a 11.7%. The 100 Mbps to 1 Gbps Download Speed FTTH/B segment is also set to grow at 12.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.4 Billion in 2023, and China, forecasted to grow at an impressive 13.4% CAGR to reach $15.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AT&T, Inc., Bharat Sanchar Nigam Limited, BT Group Plc, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 483 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $25.1 Billion |
| Forecasted Market Value (USD) by 2030 | $54.7 Billion |
| Compound Annual Growth Rate | 11.8% |
| Regions Covered | Global |
MARKET OVERVIEW
- The Growing Next Generation Internet Economy Provides a Strong Foundation for the Rise & Penetration of FTTH/B
- Why High-Speed Broadband Matters?
- Growing Number of Internet Users Primes the World for the Networking Age: Number of Internet Users Worldwide (In Million) for Years 2015, 2017, 2019, 2021 and 2023
- Focus on Last Mile Telecommunications Drives Interest in Fiber to X Architectures as the Last Mile Networking Solution
- Global Economic Update
- What is Fiber-to-the-Home/Building (FTTH/B)? & Why is it Important for Modern Homes & Businesses?
- Primary Advantages of FTTH/B
- FTTH Implementation
- Global Market Outlook
- Asia-Pacific Dominates FTTH/B Market
- Competition
- Fiber-to-the-Home/Building (FTTH/B) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Digital Surge Brings Fiber Communications Into the Spotlight: Opportunities for FTTH/B Market
- Global Digital Data Created (In Zettabytes) for the Years 2015, 2020, 2025, and 2030
- Spurt in FTTH Demand Hinges on Implementation of Innovative Solutions
- Demand for Ultra-High-Bit Internet Access Drives Demand for FTTH/B
- Why Ultra-Fast Internet is the Need of Hour
- Ultra-High-Bit Internet: Intriguing Merits
- 5G to Step Up Interest & Deployment of Fiber to the X. Here's How & Why
- Fiber, the Only Medium of Transport with Capacity to Scale to the Demands of 5G Mobile Technology, Needs Aggressive Investment
- FTTH Network and 5G Convergence Essential for High Bandwidth and Faster Internet
- Implications of FTTH & 5G Network Convergence for Physical Layer
- Transition Towards to the Cloud to Necessitate Expansion of FTTX/H Networks
- With Enterprises Moving to the Cloud, the Importance of Robust Internet Connection Storms Into the Spotlight: Global Market for Cloud Computing Services (In US$ Billion) for Years 2021, 2023, 2025 and 2027
- Focus on Building Crisis Resilient Smart Cities to Drive Demand for Better Internet Infrastructure
- Focus on Smart City Initiatives Provides Opportunities for the Expansion of FTTH/B Networks: Global Smart City Revenues (In US$ Billion) for the Years 2022 and 2027
- Rise of Smart Homes, Home Automation & Increased Adoption of Home Security Systems Makes FTTH More Indispensable Than Ever
- Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
- As Smart Homes Become a Mainstream Reality, the Growing Bandwidth Needs Throws the Spotlight on the Importance of FTTH Connections: Smart Home Adoption Rate (%) by Region/ Country for the Year 2024
- Rise in On-Demand Streaming Makes FTTH Connections Indispensable for Modern Digital Homes
- Growing Popularity of Video-On-Demand Provides a Platform for the Rise of FTTH Connections: Global Opportunity for Video On-Demand (In US$ Billion) for Years 2021, 2023, 2025 and 2027
- Rise in Internet TV Viewing Sharpens the Business Case for Robust & Fast Residential Internet Connections: Global Number of OTT Video Users (In Million) for the Years 2019, 2021, 2023 and 2025
- Hybrid Work Models in the Post Pandemic Era to Sustain the Value of Reliable Broadband Connections at Homes
- Returning to the Office! What Are Our Preferences?: % Share of Employees Preferring Various Types of Work Arrangements
- Remote Education Pushes Reliance on High Speed Internet Connectivity, Driving Market Growth
- Need for Robust Connectivity for of eLearning to Spur Opportunities for FTTH: Global e-Learning Revenues (in US$ Billion) by Region/Country for the Years 2022 and 2027
- Surge in Internet Gaming Catalyzes the Role of FTTH in Providing the Ultimate Gaming Experience
- Rise in Online Gaming Enhances Need for High-Speed Internet Connectivity: Global Number of Active Gamers (In Billion) Years 2020, 2022, 2024 and 2026
- Growing Investments in Factory Automation to Spur Growth of FTTB/P Connections
- Industrial Automation with IIoT
- Here's Why Fiber to Factory and Machines Becomes Critical Backbone Investments
- FTTB/P Connections to Witness Unconventional Growth as Factory Automation Initiatives Increase Dependence on Robust Last Mile Internet Connectivity: Global Breakdown of Investments in Manufacturing IoT (in US$ Billion) for the Years 2020, 2022, 2024, and 2026
- FTTH/B to Benefit from the Growing Focus Shed on Broadband Network Readiness Amid the Rise of the Metaverse
- The Rapidly Evolving Metaverse Ecosystem Throws the Spotlight on Broadband Readiness With FTTH/B: Global Spending on Metaverse (In US$ Million) for Years 2021, 2023, 2025 and 2027
- Rise of Digitally Transformed Enterprises to Heighten the Role of Internet in Enterprise Networking
- Expanding IoT Ecosystem Creates Explosive Growth Opportunities for Fiber Optic Networks
- Networking Requirements of IoT Networks
- Global M2M/IoT Connections (In Billion) for Years 2019, 2021 and 2024
- Pandemic Fast Forwards eCommerce Growth, Elevating the Role of Internet & Its Enabling Fiber Optic Technology
- Robust Growth in e-Commerce to Encourage Adoption of FTTX: Global B2C E-Commerce Sales in US$ Trillion for the Years 2019 Through 2024
- Robust Outlook for Telemedicine Bodes Well for FTTB/H Connections
- Growing Demand for Telehealth Services Expands the Addressable Market Opportunity for FTTH/B in Enabling Reliable Telemedicine Communication: Global Opportunity for Telemedicine (In US$ Billion) for Years 2021, 2023, 2025 and 2027
- Investments in Deep Fiber Critical for Market Expansion
FOCUS ON SELECT PLAYERS (Total 86 Featured)
- AT&T, Inc.
- Bharat Sanchar Nigam Limited
- BT Group Plc
- China Mobile Hong Kong Company Limited
- China Unicom Limited
- Deutsche Telekom AG
- Etisalat
- Fastweb SpA
- Liquid Intelligent Technologies
- MTN Group Limited
- Saudi Telecom Company
- Verizon Communications Inc.
- Vodafone Group PLC
For more information about this report visit https://www.researchandmarkets.com/r/u83v4u
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
