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Global Hybrid Fiber Coaxial Market is expected to grow at a CAGR of 10.1% during the forecast period from 2019-2025
Global Hybrid Fiber Coaxial Market Growth, Global Hybrid Fiber Coaxial Market 2019, Global Hybrid Fiber Coaxial Market Trends
Global Hybrid Fiber Coaxial Market by Component (CMTS/CCAP, Fiber Optic Cable, Amplifier, Optical Node, Optical Transceiver and Others), Technology, Region)" and Global Forecast 2018-2025.
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Prominent companies in the industry include Arris, Huawei,Nokia, Technicolor, Cisco,Corning andamong others. Various leaders have captured the market share by tapping the greater opportunities provided by the market. New research and developments are conducted to derive out growth opportunities for new products.For instance, in October 2018, Teleste introduced a remote PHY ready node called ICON9000. Besides meeting the standards and requirements of distributed network architectures, the node provides cable subscribers with symmetrical, 10-Gigabit-grade speeds over HFC networks.
The component segment is classified into CMTS/CCAP, fiber optic cable, amplifier, optical node, optical transceiver splitter and customer premises equipment.CMTS/CCAP is dominating the market with the largest market share of 25.60% in 2017. CMTS/CCAP systems are situated in the headends of multiple service operators (MSOs). Generally, these systems helps in exchanging digital signals on a cable network with cable modems. They allow services such as video streaming, voice over internet protocol (VoIP), and high-speed internet. It helps in management of cable modems in HFC networks. CMTS/CCAP is an important element to complete HFC network and therefore, is highly demanded. Technology segment includes DOCSIS 3.1 and DOCSIS 3.0 & Below. DOCSIS 3.1 segment is expected to be a fast-growing technology and registered a growth rate of 13.2% during the forecast period. Because it is the latest technology of DOCSIS and it is widely accepted as it provides greater capacity and speed as compared to the other versions. Most of the service providers have already switched to DOCSIS 3.1 in their HFC networks and can trace a change in delivering services to their customers.
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Upsurge in demand for higher bandwidth and cloud technology is a major factor driving the market. Increasing demand for high bandwidth is mobilising the need for HFC network as it removes the limitations of complete copper cable architectures, such as latency and data transfer at higher bandwidth.In addition, HFC cables prove to be cost efficientfuelling the growth of market.Technology involves continuous monitoring, troubleshooting and maintenance issuesmay hamper the growth of market. However,growing demand for video-focused data may boost the market in coming years.
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