The overall FTTx market is expected to be worth USD 14.31 billion by 2023, growing at a CAGR of 8.10% from 2018 to 2023. Increasing demand for higher bandwidth, the growing use of optical fiber in mobile backhaul for communication, and the increased use of fiber for cloud computing are driving the FTTx market growth. Also, the increasing penetration of triple- and quad-play services will drive the need for FTTh- and FTTb-like architectures in the coming years. Along with this, industrial and commercial are the key verticals driving the FTTx market.
Key strategies adopted by major players in the FTTx market include product launches and developments, acquisitions, partnerships, and expansions. Companies such as
Major FTTx Companies Include:
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OFS (US) is one of the leading players in the FTTx market. The company’s leading position in this market can be attributed to its FTTx solution offerings and strong product portfolio consisting of optical line terminals (OLTs), optical network terminals (ONTs), and optical network units (ONUs). The company is further trying to expand its product portfolio by introducing new products. In 2016, the company launched 3 FTTh products InvisiLight drop solution, SlimBox wall plate, and ultracompact 80×80 module for the InvisiLight Indoor Living Unit (ILU) solution. In addition to the extensive product and solution portfolio, the company’s strong brand image, customer base, and wide geographic reach have helped it attain a leading position in the FTTx market.
ALF (US) is one of the significant players in the FTTx market. The company provides end-to-end FTTx solutions, as well as products such as optical splitters, attenuators, wave division multiplexers (WDMs), and fiber optic cables in the FTTx market. Besides product and solution offerings, the geographic reach of the company is another major factor contributing to its strong position in the FTTx market. In 2017, AFL partnered with Citadel Intelligent Systems Pvt. Ltd. (India) to manufacture fiber optic solutions for India and Rest of the World. With this partnership, AFL has expanded its geographic reach in APAC by entering the Indian market. AFL has manufacturing facilities and offices in the US, the UK, Australia, Germany, Mexico, and New Zealand; and service facilities in the US, Canada, and Europe.
Related Reports:
Fiber to the x Market by Architecture (FTTh/p/b, FTTa, FTTn/c/k), Distribution Network (AON, PON), Product (OLT, ONT/ONU, Optical Splitter), Vertical (Industrial, Commercial, Residential), and Geography - Global Forecast to 2023
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