Market Research Future published a research report on “Fiber to the Premises Market Research Report – Global Forecast till 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Market Research Future (MRFR) report on the global fiber to the premises market (2016-2022) discusses the COVID-19 analysis of a crucial factor influencing the market growth. Research explores competition in the regional and global market trends, offering a thorough assessment of both factors and limitations that could have a significant effect on the industry’s outlook in the forecast period.
FTTP or Fiber to the Premises can be defined as a pure fiber optic cable connection for providing internet access to the user’s home or business from an Internet Service Provider (ISP). Fiber to the Premises is one of the growing technologies currently being used by a number of ISPs to provide their customers with access to the Internet. FTTP provides a range of features and operates at a much faster speed than an internet coaxial cable or a dial-up connection. With the increasing demand for broadband networks, companies are investing heavily in the development of new products or technologies that can be used to deliver services more effectively.
The critical driving factors listed in this report are the growing Fiber to the Premises Market size of cloud computing, the increasing shift towards entertainment in terms of consumption and streaming of internet services, or high-level content in the area of public services such as smart grids, e-health solutions, and e-governance systems.
Whereas there are some factors that are expected to impede the Fiber to the Premises market. Deployment of FTTP will entail a significant capital investment because the ISPs will have to migrate the current network infrastructure.
The prominent participants identified by MRFR operating in the fiber to the premises market are– Cincinnati Bell (U.S.), AT&T Inc. (U.S.), Cellular South Inc. (U.S.), Cox Communications (U.S.), Verizon Wireless (U.S.), 3M (U.S.), Cisco Systems, Inc. (U.S.), Corning Incorporated (U.S.), CenturyLink, Inc. (U.S.) among others.
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For this report, Market Research Future has segmented the fiber to the premises market on the basis of type, end-users, and verticals.
On the basis of type, the Fiber to the Premises market has been segmented into Broadband Pon (BPON), Gigabit Pon (GPON), and Ethernet Pon (EPON). GPON is the most common for large carriers, although there are important EPON deployments in the Asia Pacific. The various forms of PON are called xPON.
On the basis of end-users, the Fiber to the Premises market has been segmented into personal and commercial. The commercial segment is further divided into SMEs and large enterprises.
On the basis of verticals, the Fiber to the Premises market has been segmented into IT & Telecommunication, government, transportation, industrial, and aerospace & defense, among others.
Region-wise, the FTTP market has been segmented into North America, Asia Pacific, Europe, and the rest of the world.
The Asia Pacific dominates the FTTP market. Countries like South Korea, Japan, and Hong Kong show a very high rate of growth in penetration of FTTP among other countries. Developing countries in the Asia Pacific, such as China and India, are also showing extreme potential for the fiber market.
North America is the second biggest FTTP market. The growth of key companies and the involvement of the U.S. and Canada in this area give North America a massive boost in the FTTP industry.
Europe is the third-largest market. Increasing government spending on network infrastructure is one of the few factors helping the FTTP sector in Europe.
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