The hybrid fiber coaxial market (HFC) is expected to grow from USD 9.6 billion in 2018 to USD 13.6 billion by 2023, at a CAGR of 8.02% during 2018–2023. The market has been segmented based on technology, component, and geography.
Product launches and developments have been the key strategies adopted by companies to enhance their product portfolios and expand their sales and distribution networks. These 2 collectively accounted for 39% of the overall growth strategies adopted by key market players between January 2015 and November 2018. Additionally, companies also adopted geographic expansions and acquisitions to strengthen their businesses and gain a competitive edge in the HFC market. These strategies helped them enhance their market shares and positions in the market.
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Arris is one of the global leaders in entertainment, communications, and networking technology. The companys robust inorganic growth strategy has established it as a notable player in the networking industry. Strategies such as collaborations, partnerships, acquisitions, and contracts are expected to provide Arris further competitive advantage and allow it to enter newer markets to boost revenue. In August 2018, Arris and NBN Co collaborated to upgrade the NBN broadband access networks existing DOCSIS 3.0 HFC cable infrastructure to DOCSIS 3.1 standards.
CommScope focuses on providing innovative fiber solutions to improve network latency and reduce deployment time for service providers. Innovation is a priority and the core value of the organization. It focuses on strengthening its product and solutions portfolio by mergers and acquisitions. In 2015, CommScope acquired TE Connectivity’s (US) Broadband Network Solutions Business. This acquisition increased sales by up to 29% (year over year) in 2016. The company holds approximately 10,600 patents and patent applications globally and about 2,700 registered trademarks and trademark applications. This helps the company gain a competitive advantage and enhance its brand name.
Hybrid Fiber Coaxial Market by Technology (DOCSIS 3.0 & Below and DOCSIS 3.1), Component (CMTS/CCAP, Fiber Optic Cable, Amplifier, Optical Node, Optical Transceiver, Splitter, and CPE), and Geography - Global Forecast to 2023
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