The global hybrid fiber coaxial market is expected to post a CAGR of
close to 9% during the period 2019-2023, according to the latest market
research report by Technavio.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190613005319/en/
Technavio has published a new market research report on the global hybrid fiber coaxial market from 2019-2023. (Graphic: Business Wire)
A key factor driving the growth of the global hybrid fiber coaxial
market is the growing expansion of telecommunication networks. Hybrid
fiber coaxial (HFC) is extensively being used in wireline communication.
HFC technology is gaining importance among telecommunication service
providers, mobile device manufacturers, and network equipment
manufacturers. In addition, rise in the number of smartphone users and
Internet subscribers has led to an increase in demand for high-speed
data access. This has also propelled network operators to upgrade their
network infrastructure. Telecom operators are progressively adopting
technologies to handle the rapid increase in data traffic. Furthermore,
the standardization of the 5G telecommunication network ahead of
schedule is further expected to boost investments in cell towers and
network infrastructure upgrades across the world. All these factors are
expected to drive the hybrid fiber coaxial market growth during the
forecast period.
As per Technavio, the migration to WDM architecture will have a positive
impact on the market and contribute to its growth significantly over the
forecast period. This global
hybrid fiber coaxial market 2019-2023 research report
also analyzes other important trends and market drivers that will affect
market growth over 2019-2023.
Global hybrid fiber coaxial market: Migration
to WDM architecture
The migration from synchronous optical networking (SONET) technology to
dense wavelength division multiplexing (DWDM) is one of the key hybrid
fiber coaxial market trends gaining prominence in recent years. Carrier
service operators are tapping into the enormous data transmission
capacity by carrying multiple wavelengths over single HFC fiber or
cable. As a result, carriers have started making significant reductions
in cost while deploying single and multiple-channel networks for each
offering.
“WDM is gaining importance in areas where the installation space is
less. WDM offers several benefits including fault detecting, performance
monitoring, and the isolation of the wavelength. Furthermore, WDM
equipment vendors are gaining prominence due to the increased deployment
of DWDM systems by the carriers,” says a senior research analyst at
Technavio.
Global hybrid fiber coaxial market:
Segmentation analysis
This market research report segments the global hybrid fiber coaxial
market by type (DOCSIS 3.0 and below and DOCSIS 3.1) and geographic
regions (APAC, North America, Europe, MEA, and South America).
APAC led the market in 2018, followed by North America, Europe, MEA, and
South America respectively. The market growth in APAC can be attributed
to the increased use of HFC technology in emerging South Asian countries
including India and China. The accelerated development of domestic IT
and server infrastructure in China and its neighboring countries is
likely to foster market growth during the forecast period.
Looking for more information on this market? Request
a free sample report
Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team
at media@technavio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190613005319/en/