by
Fiber to the x (FTTx) is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last mile telecommunications. Fiber optic cables are built directly from the central office to the end subscriber or customer premises to enable gigabit bandwidth connectivity. Fiber in the loop (FITL) architecture connects optical fiber from the central office all the way to the customer area like a neighborhood or floor of a building. At that point, the signal is converted to an electrical signal to continue over copper wires or wireless technology to reach the end user.
The Global Fiber In The Loop Market is estimated to be valued at Us$ 13.15 Bn in 2024 and is expected to exhibit a CAGR Of 9.7% over the forecast period 2024 To 2030.
Driven by the growing popularity of smart cities and connected devices like smart homes, IoT sensors and wearables, fiber in the loop infrastructure is increasingly being adopted worldwide to facilitate communication through high speed broadband networks.
Key Takeaways
Key players analysis: Key players operating in the Fiber in the Loop market are Zebra Technologies Corporation, Spectra Systems, Molex Inc., Xerox Corporation, Politronica Inkjet Printing S.r.l., Vubiq Networks Inc., Thin Film Electronics ASA, and TagSense Inc.
Growing demand: Growing demand for high speed broadband from consumers and businesses alike is driving telecom operators to adopt FITL technology for last mile connectivity. With innovations in IoT, autonomous driving and digital transformation initiatives, the need for high bandwidth connectivity is ever increasing.
Global expansion: Major network operators are undertaking large scale Fiber In The Loop Market projects across regions to expand their high speed broadband networks globally. Government initiatives for smart infrastructure development and submarine cable projects are further facilitating global expansion of the fiber in the loop market.
Market key trends
One of the key trends in the fiber in the loop market is the rise of integrated FTTx solutions. With factors like reduced installation costs, simplified architecture and managed network services driving demand, major network equipment providers are increasingly offering pre-integrated FTTx solutions comprising hardware, software and services for an all-in-one FITL network rollout. Standardization of integration interfaces is also supporting this trend, benefiting telecom operators.
Porter’s Analysis
Threat of new entrants: Due to the presence of established players and high initial costs to develop the technology, threat of new entrants is moderate.
Bargaining power of buyers: Buyers have moderate bargaining power owing to the availability of substitutes and concentration of buyers.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to the availability of substitutes and ease of forward integration.
Threat of new substitutes: Threat of substitutes is high due to emergence of new technologies such as wireless system and radio frequency identification.
Competitive rivalry: High as players compete on pricing and innovation.
Geographical Regions
North America holds the largest share in the fiber in the loop market in terms of value owing to high penetration of advanced technologies and presence of key players in the region. Asia Pacific is expected to witness the fastest growth over the forecast period supported by increasing investment in digital infrastructure development and massive rural broadband initiatives in developing countries like India and China.
Growth across Latin America and Middle East & Africa remains moderate led by initiatives to enhance connectivity amid rising adoption of IoT and cloud computing solutions in these regions. Europe holds a significant share backed by ongoing investments in fiber optic network upgrades and deployment of 5G infrastructure.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
