Global Fiber to the Premises Market – Industry Trends and Forecast to 2029

Global Fiber to the Premises Market, By Type (Broadband Passive Optical Network (BPON), Gigabit Passive Optical Network (GPON), Ethernet Passive Optical Network (EPON)), End Users (Personal, Commercial), By Verticals (IT and Telecommunication, Government, Transportation, Industrial, Aerospace and Defense) – Industry Trends and Forecast to 2029

Market Analysis and Size

The broadband system's current construction now includes an optical medium for data transmission. This network expansion of the broadband infrastructure provides future growth potential for the fiber to the premises market. Only a fiber to the premises system can provide the high speed and performance required in the broadband infrastructure. The need for fiber to the premises services is increasing as a result of advanced broadband architecture. Additionally, the market for fiber to the premises is growing exceptionally thanks to the rise of these broadband providers.

Global fiber to the premises market was valued at USD 14.86 billion in 2021 and is expected to reach USD 42.69 billion by 2029, registering a CAGR of 14.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

The fiber to the premises (FTTP) is system includes fiber optic cables that enable internet access. Among service provider businesses, adoption of the fiber to the premises technology is accelerating quickly. Numerous ISP providers use this extraordinary fiber-to-premises infrastructure. This system has excellent performance. The internet connectivity for fiber to the premises systems is better than coaxial cable connections. A fiber to the premises (FTTP) cable connection is beneficial for business, personal, and industrial needs.

Fiber to the Premises Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Booming Broadband and Multimedia Sector

The market for broadband is increasing. As a result, the need for fiber to the premises is growing every year. Another market-stimulating element of the fiber to the premises market is the development of the multimedia sector. The fiber to the premises adoption is high in many locations due to the increased bandwidth and multimedia connections. The fiber to the premises infrastructure is necessary for several broadband applications, including virtual networks and videoconferencing. More than ten million people have embraced the broadband system in the last ten years. Therefore, the surge in broadband and multimedia industry further boosts the market growth of the fiber to the premises market.

Additionally, the expansion of the internet connectivity or installation of broadband is also estimated to bolster the market's overall growth. This system's versatile uses also cushion the market’s growth within the forecasted period. The availability of a variety of flavors also acts as a market driver.

Opportunities

• Advanced Networking Technologies

The adoption of advanced networking technologies such as internet of things (IoT) are estimated to generate lucrative opportunities for the market, which will further expand the fiber to the premises market's growth rate over the forecast period. The internet of things (IoT) is another new sector in the internet services sector. The fiber to the premises system must deliver great high-speed internet contents in order for these services to function.

• Technological Improvements In Video Streaming Industries

Additionally, the technological improvements in the video streaming industries will also offer numerous growth opportunities within the market. The video streaming services experience excessive bandwidth use, and to provide viewers with HD material, the high bandwidth video technology is used that requires the fiber to the premises thus boosting growth prospects for the market.

Restraints/Challenges

• High Capital and Investments

 The fiber to the premises market system's hefty capital as well as the high cost of installing and integrating this technology requirements prevent small and medium-sized businesses from fully utilizing its advantages. The hefty infrastructure and high capital expenditure negatively impacts the market’s growth over the forecast period.

• Lack of Awareness

There is a lack of knowledge about cutting-edge fiber to the premises technologies. The rate of fiber to the premises system adoption may eventually slow down due to lack of proper awareness and knowledge. The lack of system awareness are the two factors that could limit market expansion and thus poses as a major challenge over the anticipated period.

This fiber to the premises market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fiber to the premises market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Fiber to the Premises Market

The fiber to the premises market was immensely impacted by the outbreak of COVID-19. The market demands for fiber to the premises were extremely disrupted. There was substantial impact of the pandemic on the internet as well as the telecom firms. Additionally, it elevates the sophistication of the fiber-to-the-premises system deployment. During the epidemic, the investment rates for fiber to the premises systems are falling. The fiber to the premises market is being impacted by the telecom industry's closure as a result of COVID 19. The fiber to the premises market revenue is increasing, though, as all the industries are starting up again.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In May 2022, MiniXtend HD cables for 12 to 72 fibres and MiniXtend XD cables for 192 and 288 fibres have been added to Corning Incorporated's (US) line of MiniXtend cables, the company reported. High density, duct space efficiency, and a smaller carbon footprint are all features of the new MiniXtend HD and MiniXtend XD cables.

Global Fiber to the Premises Market Scope

The fiber to the premises market is segmented on the basis of type, end users and verticals. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Broadband Passive Optical Network (BPON)
• Gigabit Passive Optical Network (GPON)
• Ethernet Passive Optical Network (EPON)

End Users

• Personal
• Commercial
• Small and Medium-Sized Enterprises (SMEs)
• Large Enterprises

 Verticals

• IT and Telecommunication
• Government
• Transportation
• Industrial
• Aerospace and Defense

Fiber to the Premises Market Regional Analysis/Insights

The fiber to the premises market is analyzed and market size insights and trends are provided by country, type, end users and verticals as referenced above.

The countries covered in the fiber to the premises market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the fiber to the premises market because of the improved application of these monitors across and low labor costs in the advancing countries within the region during the forecast period of 2022 to 2029.

 Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to government regulations for workplace and personnel safety, the increased focus on optimum asset utilization and stringent quality control in the oil and gas, chemical and food and beverage industries within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Fiber to the Premises Market Share Analysis

The fiber to the premises market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fiber to the premises market.

Some of the major players operating in the fiber to the premises market are

• Huawei Technologies Co., Ltd. (China)
• Nokia (Finland)
• ZTE Corporation. (China)
• FiberHome (China)
• DZS (U.S.)
• Calix (U.S.)
• ADTRAN (U.S.)
• Zyxel and/or its affiliates. (Taiwan)
• BizNet (Indonesia)
• Netuno (U.S.)
• ER Telecom (Russia)
• Finnet (Brazil)
• SMART Comp (India)
• NBN Co ltd (Australia)
• NetCologne (Germany)
• Claro (Mexico)
• Entel (Chile)
• THE GTD GROUP (U.K.)