By 2029, the Fiber to the Home Market is expected to grow at a CAGR of 14.7 percent, reaching a value of US$ 53,898.7 million. The demand for high-speed Internet is being fueled by an increase in the installation of smart technologies in homes and an increase in the use of mobile apps. The demand for fiber to the home (FTTH) is expected to rise as a result of these factors throughout the forecast period of 2022-2029.
Other key reasons driving demand for high-speed fiber to the home during the projected period include growing acceptance of technology advancement solutions such as cloud computing, e-Governance, e-Learning, e-Health, and smart grids.
Fiber to the Home Market Study Key Takeaways
The important download speed segment, which accounted for the biggest proportion of the fiber to the home market in 2021, is 50 to 100 Mbps.
Because of the growing number of smart houses in North America and Western Europe, the smart home application category is predicted to be the most lucrative in the FTTH market throughout the projection period.
In terms of revenue, the VoIP segment dominated the worldwide fiber to the home market in 2021, outperforming all other segments by application.
excluding Asia-Pacific Over the projected period, Japan is expected to have the greatest share of the fiber to the home market. Furthermore, India is expected to grow at a rapid rate over the projection period.
- China Telecom Corporation Limited
- Verizon Communications Inc.
- Vodafone Group Plc.
- Nippon Telegraph and Telephone Corporation
- SoftBank Group Corp.