Press release
G.Fast Chipset Market Forecast 2024: Advancing High-Speed Connectivity Solutions
"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!The new report published by The Business Research Company, titled G.Fast Chipset Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the G.fast chipset market size has grown exponentially in recent years. It will grow from $2.59 billion in 2023 to $3.3 billion in 2024 at a compound annual growth rate (CAGR) of 27.4%. The G.fast chipset market size is expected to see exponential growth in the next few years. It will grow to $8.73 billion in 2028 at a compound annual growth rate (CAGR) of 27.6%.
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What Is Driving The Growth Of The Global G.Fast Chipset Market?
Rising Demand For High-Speed Internet Connectivity Drives The G.Fast Chipset Market Growth
The increasing demand for high-speed internet connectivity is expected to drive the G.Fast chipset market going forward. High-speed internet connectivity is a broadband internet connection that provides much faster data transfer rates. The demand for high-speed internet connectivity is rising due to several factors, such as remote work, streaming services, smart home technology, and digital inclusion. G.Fast provides a low-cost option to upgrade current copper infrastructure with high-speed access and meet rising bandwidth demands in streaming, gaming, and remote work. For instance, in January 2023, according to reports published by Ookla, a US-based web service that provides free analysis of Internet access performance metrics, fixed broadband speeds became at least 28% faster, and mobile speeds became nearly 17% faster from November 2021 to November 2022. Therefore, increasing demand for high-speed internet connectivity will drive the G.Fast chipset market.
What Is The Key Trend In The Global G.Fast Chipset Market?
Advancements In G.Fast Technology Streamline Fiber-Optic Installations
Major companies operating in the G.Fast chipset market are focused on developing advanced solutions, such as plug-and-play fiber services, to streamline installation processes, improve scalability, and enhance user accessibility to high-speed broadband solutions. Plug-and-play fiber services are user-friendly fiber-optic internet solutions that enable easy setup and activation without complex technical setup. For instance, in December 2021, Nokia Corporation, a Finland-based telecommunications company, launched Gigabit Connect. It allows for using existing in-building cables, making it easier to add fiber services without requiring substantial rewiring. The system takes advantage of G.fast capabilities, which enable operators to connect fiber to a central point in the building and then bridge to existing coaxial or twisted pair cables for the final connection to apartments. Gigabit Connect simplifies the management of the last-leg connection by treating it as a fiber endpoint. This unified management interface is especially valuable for operators who need to gain experience with copper technology.
How Is The Global G.Fast Chipset Market Segmented?
The G.fast chipset market covered in this report is segmented -
1) By Type: Distribution Point Units (DPU), Customer Premises Equipment (CPE)
2) By Copper-Line Length: Copper-Line Length Of Shorter Than 100 Meters, Copper-Line Length Of 100 Meters-150 Meters, Copper-Line Length Of 150 Meters-200 Meters, Copper-Line Length Of 200 Meters-250 Meters, Copper-Line Length Longer Than 250 Meters
3) By End-User: Residential, Enterprise Or Commercial
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How Is The Competitive Landscape Of The Global G.Fast Chipset Market?
Major companies operating in the G.fast chipset market are Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Broadcom Inc., NVIDIA Corporation, Nokia Corporation, Texas Instruments Incorporated, MediaTek Inc., ZTE Corporation, Microchip Technology Inc., Marvell, MaxLinear, Adtran, Calix Inc., EXFO Inc., Zyxel, Allied Telesis Inc., Ikanos Communications, Metanoia Communications Inc., Sckipio Technologies
Contents Of The Global G.Fast Chipset Market
1. Executive Summary
2. G.Fast Chipset Market Report Structure
3. G.Fast Chipset Market Trends And Strategies
4. G.Fast Chipset Market - Macro Economic Scenario
5. G.Fast Chipset Market Size And Growth
…..
27. G.Fast Chipset Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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