Fiber To The Home Market Size Projected CAGR of 15.1% By 2026

Fiber to the home (FTTH), also called "fiber to the premises" (FTTP), is the installation and use of optical fiber from a central point directly to individual buildings such as residences, apartment buildings, and businesses to offer unprecedented high-speed Internet access. In FTTH networks, fibers are directly connected to individual homes or multitenant buildings. Fiber to the Home (FTTH) is an integrated communication technology that functions on fiber optic technology to enable faster, effective communication, and high-speed Internet connectivity.

The global Fiber to The Home market is estimated to value at over US$ 12 Bn in 2019, and is expected to register a CAGR of 15.1%. The first five-year cumulative revenue (2019–2023) is projected to be nearly US$ 82 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.

Global Fiber to The Home Market: Driving Factors

FTTH broadband connections allow customers to bundle their communications services, which include telephony (including intercom), cable TV, On-demand IPTV, CCTV, video door phone, safety and security services, smart home applications, and other kinds of digital data stream can all be operated from home through a simple FTTH connection. In addition, increasing demand for technologically advanced products such as smart grid and smart home solutions, fire alarm and access control systems, safety and security services, and smart automation, owing to increasing disposable income is expected to boost growth of the global Fiber to The Home market over the forecast period.

Moreover, increasing urbanization, coupled with increasing government funding on development of smart city projects are some among other major factors expected to boost growth of the target market over the forecast period. Benefits of a smart city include increased security and quick access to all cloud services, and also access to faster, more reliable, and higher quality communication systems for residents. In a smart city ideally, all homes are required to be connected to the Internet – possibly through FTTH network – therefore increasing adoption of FTTH in smart city planning, which is expected to boost growth of the target market in the near future.

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Global Fiber to The Home Market: Segmental Snapshot

The market report has been segmented on the basis of product type, application, and region/country. The product type segment includes 100 Mbps to 1 Gbps, 50 to 100 Mbps, and Others. The application segment includes TV, VoIP, and Others. The regions/countries covered in the analysis include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

By Product Type:

Among the product type segments, the 50 to 100 Mbps segment is expected to contribute major revenue share in the global Fiber to The Home market, and is expected to register moderate CAGR of over 15% in terms of revenue over the forecast period. This is primarily attributed to benefits such faster connection speed and higher carrying capacity to residences and other end users.

By Application:

Among all the application segments, the others segment is expected to contribute major revenue share in the global Fiber to The Home market and is expected to register moderate CAGR of over 15%, in terms of revenue over the forecast period. This can be attributed to growing digital lifestyle trend, coupled with high Internet penetration across the globe.

By Region:

In 2019, Asia Pacific market is expected to dominate in the global Fiber to The Home market, and is expected to account for largest revenue share as compared to that of markets in other regions. The major driving factors for growth of the Fiber to The Home market in this region are high Internet penetration in countries such as India and China, and growing number of Internet subscribers.

In addition, government initiatives towards a cashless economy and growing number of digital transactions in countries such as India and China are resulting in growing demand for high speed Internet connectivity are other factors expected to support growth of the market in the region over the forecast period.

Global Fiber to The Home Market: Competitive Analysis

The research report on the global Fiber to The Home market include profiles of some of major companies such as China Mobile Limited, Verizon Communications Inc., AT&T Inc., Vodafone Group Plc, Nippon Telegraph and Telephone Corporation, SoftBank Group Corp., Deutsche Telekom AG, Telefónica, S.A., América Móvil, S.A.B. de C.V., and China Telecom Group Co., Ltd.

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