FTTP or Fiber to the Premises can be explained as a pure fiber-optic cable connection for providing the Internet access to the user’s home or business from an Internet Service Provider (ISP). Fiber to the Premises Market is one of the growing technology which is currently being adopted by the several ISPs for the providing internet access to their customers. FTTP offers variety of features and runs at much faster speed than the coaxial cable Internet or dial-up connection. With the growing demand for the broadband network, the companies are investing heavily on the development of the new products or technology which can be used to deliver the services more efficiently.
The major driving factors identified in this report are growing market size of cloud computing, increasing shift towards the entertainment in terms of the consumption and streaming of online services or contents high development in the area of public services such as smart grids, e-health solutions and e-governance systems.
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Whereas there are some factors which is expected to hinder the market. Deployment of FTTP will require heavy capital investment as the ISPs will have to migrate the current network infrastructure.
FTTP market is being dominated by Asia-Pacific. Countries such as South Korea, Japan and Hong Kong shows very high growth rate in the penetration of FTTP penetration among other countries. Also, developing countries in Asia-Pacific such as China and India is showing very high potential towards the fiber market. North America stands as second biggest market for the FTTP. Development by the key companies and presence of U.S. and Canada in this region gives North America a huge boost in the market of FTTP. Europe stands as third biggest market. Increasing government spending on the network infrastructure is one of the few factors which is supporting the market of FTTP in Europe.
For the purpose of this report, Market Research Future has segmented the market of FTTP into Type, End Users and Verticals. Type includes BPON, GPON and EPON where the end users has been identified as Personal and Large Enterprise. The Verticals of FTTP market has been segmented as IT & Telecommunication, Government, Transportation, Industrial, and Aerospace & Defense among others.