Fibre to the Home Market - Applications, Types, Drivers, Outlook, Growth Opportunities, Trends and Forecasts to 2027
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Internet TV to show more than 3x increase in market value by the end of the assessment year
Internet TV segment in the use cases category is anticipated to grow at a significant rate to reach a value more than US$ 7 Bn by the end of 2027 from an estimation of about US$ 1.9 Bn in 2017. This 3x increase in growth is marked by a high CAGR of 14.2% throughout the period of forecast, 2017-2027. Internet TV segment is likely to lead the global market in the coming years. The VOIP segment in this category is the second largest in terms of market value. However, this segment is poised to grow at a comparatively slow rate than other use cases segments during the forecast period. This segment dominates the market in 2017 as it reflects high value than other segments, however, by the end of 2027, it is expected to be the second largest. In 2017, it is valued at about US$ 2 Bn and is estimated to reach a valuation of around US$ 6.9 Bn by the end of the assessment period.
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Remote education and internet gaming to grow at the same pace
Remote education segment is expected to grow at the same rate as internet gaming segment during the forecast period. Both these segments are projected to register a CAGR of 15.7% throughout the assessment period. However, the internet gaming segment shows high value than remote education and is expected to generate high revenues. The internet gaming segment is estimated to reach a valuation of more than US$ 5 Bn, whereas the remote education segment is estimated to reach a value of more than US$ 4 Bn by the end of 2027.
In North America, the internet gaming segment is the largest in the use cases category. It is poised to grow at a high CAGR of 14.7% to reach US$ 1.2 Bn by 2027 end. In Latin America, the VOIP segment is expected to hold high market share and is a fast growing segment in this region. The VOIP segment is estimated to reach a value of more than US$ 560 Mn by 2027 end. In Asia Pacific excluding Japan (APEJ) region, the internet TV segment is expected to dominate the market followed by VOIP segment in the coming years.
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