FTTH Market Growth to Remain Uphold by Emergence of 5G Networks and Smart Cities
Fiber has been widely used in internet connectivity and local area networking (LAN) for decades, and continues to be an integral part of the global network. Despite this, fiber hadn’t gained popularity for wide-area networking (WAN) until recently. T1s, DSL, and Coax were the most prominent ones for internet connection and data transmission. In recent times, fiber to the home (FTTH) has become one of the progressive communication systems available across the globe. It is the latest technology that offers high-speed internet connectivity from a middle point to various premises of individual residences through fiber optic cables. This state-of-the-art system can transfer data at almost limitless speed and higher bandwidth, and carry data signal through light waves. Moreover, it is now replacing copper infrastructure, on the account of fewer interruption and higher stability at long distances.
FTTH technology is measurable, supports a large amount of data to keep up with consumer demands, and provides virtually unlimited bandwidth capacity. This technology is also considered future proof, as it offers access to the latest communication products and data such as Internet TV, streaming video, superior quality video conferencing, and smart home technology.
Proliferation of ‘Smart City’ concept in developing countries such as India has led to massive influx of FTTH to carry a large amount of data over a long distance at extremely high speed. Similarly, new trends and innovations are forthcoming in the fiber to the home market. Some of the innovations are outlined below:
- In January 2020, the Moscow Institute of Physics and Technology successfully created a new fiber optic technology that can easily enable high-speed internet access to travel 323 miles at 200 gigabits per second without using electricity-powered signal boosters. This innovation is expected to help connect the rural areas that are struggling to get the internet.
- In March 2019, researchers from the University of St. Andrews’ School of Physics and Astronomy created a low-cost device that can measure light wavelengths with an unprecedented degree of accuracy. This revolutionary device could have major implications for fiber cable capacity and quantum sensing technology. It can measure wavelength which is 100x more precise than any other device developed yet.
- In April 2019, German researchers developed a solution for transferring data over optical fiber using a new laser polarization method. It can bolster the capacity of a single strand of fiber from 25 gigabits per second from 240 gigabits per second, by simultaneously reducing the power consumption and heat generation. Optical fiber remains advantageous to the FTTH application, as it is considered almost enormously upgradable.
Network Convergence Powering the Demand for FTTH via 5G
The ubiquitous need for bandwidth in the digitally growing world has been driving the convergence of wireless and wired networks. These network convergences are targeted towards delivering high-speed digital data, thereby fueling growth in the adoption of wireless networks. Emergence of 5G network is further adding to this growth, which enable steady and reliable connection to transmit more data. FTTH uses fiber optic technology that allow faster and more effective communication, and is considered as the most advanced technology for developing next-generation communication networks.
Fiber to the Home Market – Heading towards a Brighter Future
The future of the fiber to the home market looks promising and is expected to generate high revenue amid rapid penetration of smart homes and cities across the globe. FTTH adoption is an important initiative that promotes and supports the deployment of optical fiber to the homes of consumers. It is also becoming a bright spot in the telecommunication industry. Favorable government initiatives for improving access to internet in rural areas in developing countries are driving the demand for FTTH. Furthermore, FTTH has given a new platform to create a real change in the usage of broadband, which will further spur service innovation and lead to socio-economic benefits. Subsequently, utility companies and municipalities are significantly investing in FTTH. Start-ups are also showcasing huge interest in developing varied delivery platforms of FTTH. Additionally, adoption of cloud computing and Internet of Things is expected to accelerate broadband adoption and FTTH market growth in the future.
The insights presented in the article are based on a recent research study on Fiber To the Home Market by Future Market Insights