October 9, 2024
Fiber in the Loop Market
Ict

Fiber in the Loop Market is Transforming the Telecommunication Sector by Rapid Technological Advancements

Fiber in the loop (FITL) involves the installation of optical fiber from the carrier network all the way to the user premises or neighborhood. FITL provides higher bandwidth through fiber connectivity right up to the user’s premises compared to the traditional copper networks. FITL technologies allow Internet service providers (ISPs) to offer higher speeds and better service quality to customers. FITL provides advantages like higher bandwidth, lower maintenance costs, improved reliability over copper networks, and future-proofing for network upgrades like 5G and IoT.

The global fiber in the loop market is estimated to be valued at US$ 13.15 Billion in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Fiber in the Loop Market are Zebra Technologies Corporation, Spectra Systems, Molex Inc., Xerox Corporation, Politronica Inkjet Printing S.r.l., Vubiq Networks Inc., Thin Film Electronics ASA, and TagSense Inc. The growing demand for high-speed broadband connectivity across residential, business, and mobile backhaul applications is driving the fiber in the loop market. Fiber in the loop technology allows communication service providers to deliver symmetrical gigabit speeds and cater to bandwidth-hungry applications such as 4K/8K video, virtual reality, and cloud gaming. Major players in the fiber in the loop market are focusing on global expansion through partnerships, mergers, and acquisitions to cater to the growing demand for high-speed broadband across the world.

Market key trends

One of the key trends in the fiber in the loop market is the increasing deployment of passive optical LAN (POL) and passive optical networking (PON) technologies. POL and PON technologies help facilitate fiber deep architectures by eliminating active electronic equipment near customer locations, thus reducing network maintenance costs significantly. With POL/PON, a single optical fiber can serve multiple premises, enabling telecom operators to efficiently upgrade networks to fiber while reducing fiber kilometers. This trend of deploying POL and PON is expected to continue driving the fiber in the loop market during the forecast period.

Porter’s Analysis

Threat of new entrants: New players will find it difficult to establish themselves in a market that requires high initial investments and industry expertise.

Bargaining power of buyers: Buyers have moderate bargaining power due to the presence of substitutes in the market. However, switching costs are high.

Bargaining power of suppliers: Suppliers have moderate bargaining power due to the differentiated nature of raw materials and components required.

Threat of new substitutes: Substitutes are available but switching costs for customers are high.

Competitive rivalry: The presence of established players has increased competitive rivalry in the market.

Geographical Regions

North America currently holds the largest share of the global fiber in the loop market in terms of value owing to high penetration of fiber networks and presence of key players in the region.
Asia Pacific is estimated to be the fastest growing region during the forecast period due to growing investments toward fiber network infrastructure development, especially in countries like China and India. Factors such as increasing adoption of IoT technologies and rising demand for high-speed internet will further drive the fiber in the loop market in Asia Pacific.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research.
2. We have leveraged AI tools to mine information and compile it.

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. 

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