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Markets and Markets, the world's second largest market research institution, recently released a report that the global hybrid optical fiber coaxial components market (transceivers, amplifiers, encoders, modulators, RF combiners, splitters, optical nodes, optical fiber cables and coaxial/copper cables) will reach $4.
9 billion in 2018, and this data is expected to increase to $5.
69 billion by 2023, with a compound annual growth rate of 3%
during the period.
Hybrid fiber coaxial (HFC) uses fiber optic cables as front-end and feeder distribution systems, and coaxial (copper) cables for client connectivity
.
HFC systems are used for video services, telephony, voice telephony, data and other interactive services via coaxial and fiber optic cables
.
Due to its cost efficiency, most telecom and cable companies believe that HFC technology can provide consumers with a variety of products, such as Internet access, interactive TV, and video-on-demand
.
The report argues that the need for high bandwidth is driving the need for HFC networks because it eliminates the limitations of a complete copper architecture, such as latency and data transmission
at higher bandwidths.
HFC networks use a combination of fiber optics and coaxial cables to connect a variety of devices to meet the high bandwidth needs
of various applications.
Transceivers are expected to account for the largest share
of the hybrid fiber coaxial market over the entire forecast period.
Transceivers increase speed and distance without compromising compatibility
with standard electrical interfaces.
Currently, transceivers account for one-third of the hybrid fiber coaxial market and are widely used in hybrid fiber coaxial network applications
.
The hybrid fiber coaxial market for digital TV applications is expected to grow
at the highest CAGR during the forecast period.
Digital television is the transmission of television signals, including sound
encoded by numbers.
Digital television economically utilizes scarce radio spectrum space to transmit multiple channels within the same bandwidth occupied by a single analog TV channel, and offers many new features
.
Thus, HFC will contribute to increasing the penetration of
digital TV services during the forecast period.
Regionally, North America is expected to hold the largest share
of the hybrid fiber coaxial market during the forecast period.
Companies in these countries are implementing hybrid fiber coax to enable rapid technological advancements and increase data traffic and cloud-based services
.
Rapid technological advancements along with growing data traffic and cloud-based services are expected to put significant pressure on telcos across the region to deploy high-speed, reliable and robust networks
.
Markets and Markets, the world's second largest market research institution, recently released a report that the global hybrid optical fiber coaxial components market (transceivers, amplifiers, encoders, modulators, RF combiners, splitters, optical nodes, optical fiber cables and coaxial/copper cables) will reach $4.
9 billion in 2018, and this data is expected to increase to $5.
69 billion by 2023, with a compound annual growth rate of 3%
during the period.
Hybrid fiber coaxial (HFC) uses fiber optic cables as front-end and feeder distribution systems, and coaxial (copper) cables for client connectivity
.
HFC systems are used for video services, telephony, voice telephony, data and other interactive services via coaxial and fiber optic cables
.
Due to its cost efficiency, most telecom and cable companies believe that HFC technology can provide consumers with a variety of products, such as Internet access, interactive TV, and video-on-demand
.
The report argues that the need for high bandwidth is driving the need for HFC networks because it eliminates the limitations of a complete copper architecture, such as latency and data transmission
at higher bandwidths.
HFC networks use a combination of fiber optics and coaxial cables to connect a variety of devices to meet the high bandwidth needs
of various applications.
Transceivers are expected to account for the largest share
of the hybrid fiber coaxial market over the entire forecast period.
Transceivers increase speed and distance without compromising compatibility
with standard electrical interfaces.
Currently, transceivers account for one-third of the hybrid fiber coaxial market and are widely used in hybrid fiber coaxial network applications
.
The hybrid fiber coaxial market for digital TV applications is expected to grow
at the highest CAGR during the forecast period.
Digital television is the transmission of television signals, including sound
encoded by numbers.
Digital television economically utilizes scarce radio spectrum space to transmit multiple channels within the same bandwidth occupied by a single analog TV channel, and offers many new features
.
Thus, HFC will contribute to increasing the penetration of
digital TV services during the forecast period.
Regionally, North America is expected to hold the largest share
of the hybrid fiber coaxial market during the forecast period.
Companies in these countries are implementing hybrid fiber coax to enable rapid technological advancements and increase data traffic and cloud-based services
.
Rapid technological advancements along with growing data traffic and cloud-based services are expected to put significant pressure on telcos across the region to deploy high-speed, reliable and robust networks
.
