Hybrid fiber coaxial (HFC) is the combination of optical fiber cable and coaxial cable which are used for head-end and feeder distribution systems and for customer end connection respectively. It is primarily a network technology that uses varying proportions of fiber optic and coaxial cables to support two-way, high-speed broadband traffic.
In the recent years, rapid penetration of technologies such as mobile computing, cloud computing, and Internet of Things (IoT) has led to surge in the need for larger bandwidths which extends the benefits such as smooth experience with several concurrent online applications, shorter download time, faster data transfer. Rising demand for higher bandwidth has largely influenced the development of hybrid fiber coaxial market, as the HFC network is cost effective and eliminates the limitation such as network latency at high bandwidth. These factors are likely to influence the hybrid fiber coaxial market over the course of the forecast period.
Hybrid Fiber Coaxial Market – Notable Developments
Some of the most prominent competitors operating in the competitive landscape of global hybrid fiber coaxial market include –
Hybrid Fiber Coaxial Market Dynamics
Growing demand for hybrid fiber coaxial can be attributed to its cost efficiency and ability to provide high bandwidth along with its significant consideration for data transfer in cloud computing application. In addition, HFC network had been gaining increasing momentum in data, telephony, video streaming, and other interactive services which in turn is anticipated to influence remarkable growth of the hybrid fiber coaxial market in the coming year.
Although the hybrid fiber coaxial market is likely to maintain a positive outlook over the next decade, maintenance and troubleshooting issues after the deployment may create a hindrance in the hybrid fiber coaxial market growth.
Asia Pacific to Contribute Significant Revenue Share to Hybrid Fiber Coaxial Market
Increasing need for faster internet services across Asia Pacific on the account of rising number of mobile users has been accelerating the demand for hybrid fiber coaxial in these regions. Growth of the hybrid fiber coaxial market can also be attributed to the contributions of key regions such as North America, Europe, and Middle East & Africa.
Emergence of various advanced components along with rising scope of application in telephone network, broadband, analog TV and digital TV will possibly complement the future expansion of hybrid fiber coaxial market.
Hybrid Fiber Coaxial Market Segmentation
On the basis of technology, the hybrid fiber coaxial market can be segmented into:
On the basis of component, the hybrid fiber coaxial market can be segmented into:
On the basis of application, the hybrid fiber coaxial market can be segmented into:
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