Market Analysis
Currently, hybrid fibre coaxial (HFC) is identified as one of the leading fibre optic technologies. In broadband communication, it uses optical fibre and coaxial cable combine, the major advantage of which, is that it offers greater enterprise video conferencing, voice transfer, telephony, and data services. Thus, the cost effictivness of HFC cables and their utility across industries and residential complexes can gain high earnings for the market. Moreover, the ongoing trend of internet of things (IoT) and the need for high bandwidth for the internet to run are increasing the need for HFC, which is expected to cause the hybrid fibre coaxial market to grow.
The hybrid fibre coaxial (HFC) global market valued at USD 8.75 Bn in 2017. By 2023, the global market of hybrid fibre coaxial is expected to touch USD 13.69 Bn against 8.2% CAGR, states Market Research Future (MRFR).
Hybrid fibre coaxial provides high bandwidth at low noise. This is a major advantage of hybrid fibre coaxial. The high susceptibility offered by hybrid fiber coaxial to its end-users, can prompt the expansion of the market. The on premise deployment is expected to gain considerable traction. The growing replacement of coaxial cables with hybrid fibre coaxial can improve the market impetus.
The factors that drive the Hybrid Fibre Coaxial Market Size is the highly cost efficient HFC cables that are used in industries as well as residential complexes. Moreover, with the increasing trend of internet of things (IoT) and the need for high bandwidth for the internet can aid the HFC market to grow. However, the HFC market can encounter certain issues in managing signal interferences during the return back to the source. There are various major players investing in research for the development of solutions that limit issues concerning signal interferences. This can boost the market growth.
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Segmental Study
The hybrid fibre coaxial global market is studied based on technology and component.
The technology-based segments of the global hybrid fibre coaxial market are Docsis 3.0, Docsis 3.1 and below.
The component-based segments of the global hybrid fibre coaxial market are fibre optic cable, CMTS/CCAP, optical transceiver, optical node, amplifier, splitter, and others.
Regional Analysis
The market for hybrid fibre coaxial is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of unified communication and collaboration market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
North America dominated the hybrid fibre coaxial market in 2017 owing to the increased deployment of fibre optic cables and growing advancement in optical networks. Asia Pacific on the other hand is leading region in terms of original equipment manufacturers and has a major concentration of electronic component manufacturing companies. Moreover, the rapid economic change factors in India and China are likely to boost the market growth. Additionally, government initiatives to enhance optical network, and adoption of data centers is expected to show a highest growth rate during the forecast period.
Key Players
MRFR profiled some reputed hybrid fibre coaxial dealers. They are identified on the basis of origin, regional branches, key developments, new product line, and diversified industry expertise. These companies are; Nokia Networks (Finland), Huawei Technologies Co Ltd (China), Cisco Systems Inc (US), Corning Incorporated (US), Technicolor SA (France), ZTE Corporation (China), Ciena Corporation (US), Infinera Corp (US), Skyworks Solutions Inc (US), Finisar Corporation (US), ARRIS International plc (US), PCT International Inc (US), Commscope Holding Company Inc (US), Comba Telecom Systems Holdings Ltd (Hong Kong), Bentley Systems Incorporated (US), Vecima Networks Inc (Canada), Technetix (UK), C-COR Broadband (Australia), BKtel communications GmbH (Germany), Comcast Corporation (US), Vodafone Group plc (UK), Teleste Oyj (Finland), Verizon Wireless (US) and others.
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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