Fiber In The Loop, Fiber In The Loop Market, Fiber In The Loop Market Size, Fiber In The Loop Market Share, Fiber In The Loop Market Forecast, Fiber In The Loop Market Growth, Fiber In The Loop Market Future

Fiber In The Loop Market Is Expected To Be Flourished By Increasing Demand For High-Speed Broadband Connectivity

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Fiber in the loop (FITL) is a technology that uses optical fiber from the central office or curb to a neighborhood cabinet, with the last portion of the local loop to the customer’s home using copper wires. FITL provides a hybrid fiber-coaxial network that offers internet access and television services at faster speeds than digital subscriber line technologies. FITL network allows service providers to deliver high-speed broadband and internet television services simultaneously without the cost of deploying fiber optic cables all the way to customers’ premises. The global Fiber in the Loop Market is estimated to be valued at US$11.41 Bn in 2023 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Increasing demand for high-speed broadband connectivity from consumers and enterprises has emerged as a major driver for the fiber in the loop market. This increasing demand for fast internet is fuelled by rise in data consumption driven by digitalization wave across the world. Rapid infrastructure growth and rapid urbanization has also boosted the demand for high-speed broadband connectivity. FITL network allows last mile connectivity with much faster speed compared to copper wires and can meet the rising demand for bandwidth. Supportive government policies aimed at digital inclusion and expansion of broadband connectivity is also expected to fuel the adoption of FITL technology during the forecast period. Additionally, the low capital expenditure and installation cost associated with FITL makes it a preferred option compared to complete FTTP installation for service providers to deliver high-speed internet in short time frame. These factors are expected to support the growth of global fiber in the loop market during the forecast period.

Segment Analysis

For the fiber in the loop market, domestic users represent the largest segment, accounting for over 60% share. Within the domestic segment, individual households form the dominant sub-segment. This is because fiber in the loop technology allows internet service providers to deliver high-speed broadband directly to residential buildings at a lower cost compared to traditional DSL technology. The individual households sub-segment is expected to remain the largest revenue generator over the forecast period as well, driven by increasing demand for HD video streaming and cloud services among home users.

PEST Analysis

Political: Governments in many countries are promoting fiber in the loop networks to enhance digital infrastructure and connectivity in their nations. They offer subsidies and tax incentives to internet service providers for rolling out fiber networks.

Economic: The global economic growth and rising disposable incomes have increased data consumption worldwide. This has accelerated the demand for high-speed internet among both retail and enterprise users, benefiting the fiber in the loop market.

Social: Changing lifestyles and media consumption patterns have boosted the requirement for reliable broadband. The surging popularity of video streaming, virtual meetings, e-learning, social media, and online gaming is propelling market revenue.

Technological: Introduction of innovative technologies such as 5G, AI, IoT, and cloud computing require robust fiber connectivity. This has prompted internet providers to modernize their networks using fiber in the loop infrastructure for meeting future bandwidth needs.

Key Takeaways

The Global Fiber in the Loop market Size is expected to witness high growth over the forecast period.

Regional analysis: The Asia Pacific fiber in the loop market is forecast to register the highest CAGR during the analyzed timeframe. This is credited to growing internet penetration, rising number of smartphone and internet users, increasing FTTH deployments, and favorable government initiatives in the region.

Key players: Key players operating in the fiber in the loop market are Production I.G, Inc., Studio Ghibli, Inc., Pierrot Co., Ltd., Sunrise Inc., Toei Animation Co., Ltd., BONES INC, Kyoto Animation Co.,Ltd., MADHOUSE Inc., Manglobe Inc., and PAWORKS Co., Ltd.

*Note:
1.      Source: Coherent Market Insights, Public sources, Desk research
2.      We have leveraged AI tools to mine information and compile it 
Ravina
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Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.