Report: Global Fiber to the Home Market to Exceed $27 Billion by 2027

According to a new report published by Future Market Insights, the worldwide fiber-to-the-home market (FTTH) is expected to reach more than $37 billion by the end of 2027.

Reasons for this growth include:

• Growth of smart homes and gadgets
• Rising awareness regarding various advantages offered by fiber optics
• Favorable government initiatives
• Increasing adoption of environmentally friendly solutions
• Rising demand for entertainment sources for residential applications,
• Increasing demand for FTTH in schools, hospitals, government buildings and libraries
• The emergence of teleworking,
• Rising demand for high speed internet, and construction in emerging economies,
• Increasing investments in the telecom sector
• Increasing internet users
• Rising demand for enhanced internet infrastructure and high immunity of fiber cabling.

Other key insights include:

• The 100 Mbps to 1 Gbps segment is expected to dominate the global market, with an expected revenue of $11,667 million. Also, the 50 to 100 Mbps segment is expected to grow at the highest rate during the forecast period.
• Asia Pacific, excluding Japan is expected to grow at the highest rate over the forecast period and is estimated to exceed $10 billion.
• The internet TV segment is expected to grow at 14.2% CAGR, exceeding $7 billion by the end of the forecast period, with the VOIP segment expected to be the second largest in terms of value.

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