Hybrid Fiber Coaxial Network Market Size 2021, share, Industry Growing Rapidly with Recent Demand, Trends, Development, Revenue and Forecast to 2028
The global Hybrid Fiber Coaxial (HFC) network market size is expected to reach USD 20.48 Billion in 2028, and register a revenue CAGR of 9.2% over the forecast period, according to the latest analysis by Emergen Research. Hybrid fiber coaxial network has capability to provide high performance at low cost, and this factor is driving market revenue growth.
High bandwidth of hybrid fiber coaxial is boosting market growth. Increasing trend of Internet of Things (IoT) technology is driving rising demand for high bandwidth, which is further driving market revenue growth. High bandwidth reduces download time and enables fast data transfer, and therefore provides enhanced experience to users. Hybrid fiber coaxial network has capability to address various limitations, such as slow data transmission and latency of complete copper cable architecture at high bandwidth. Thus, high bandwidth is driving steady demand for hybrid fiber coaxial network. In addition, cost-efficiency is another factor fueling revenue growth of the global hybrid fiber coaxial network market.
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Key Highlights from the Report
In October 2020, HUBER+SUHNER upgraded its SUCOFLEX 500 series. New cable assembly in SUCOFLEX 500 series provides up to 70 GHz constant electrical performance. SUCOFLEX 570S cable ensures extremely accurate measurements for a range of applications.
Reduced loss, outstanding phase, and amplitude stability are combined with the cable, which provides precise, and long-lasting test, and measurement solutions. Incorporation of SUCOFLEX 570S with SUCOFLEX 500 portfolio provides long service life.
DOCSIS 3.1 (Data Over Cable Service Interface Specifications) segment accounted for significantly robust revenue share in 2020 owing to benefits such as higher speed and greater capacity compared to other DOCSIS. DOCSIS 3.1 is specially designed for gigabit speed Internet connectivity, and it provides up to 10 Gbps speed.
In addition, it allows cable modem to be in sleep mode when it is not being used. Therefore, DOCSIS 3.1 is more energy efficient as well. Packet latency is less in this version of DOCSIS, and therefore is suitable for streaming HD video and online gaming.
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The Global Hybrid Fiber Coaxial Network Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
Some major companies in the global market report include Huawei Technologies Co. Ltd., Technicolor SA, Teleste Corporation, Cable Television Laboratories, Inc., ADTRAN Holdings Inc., PCT International, Inc., ASSIA, Inc., Corning Incorporated, Bentley Systems, Incorporated, and Cox Enterprises, Inc.
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Emergen Research has segmented the global hybrid fiber coaxial network market on the basis of technology, application, component, and region:
Technology Outlook (Revenue, USD Billion; 2018–2028)
DOCSIS 3.0 & Below
Application Outlook (Revenue, USD Billion; 2018–2028)
Component Outlook (Revenue, USD Billion; 2018–2028)
Fiber Optic Cable
Coaxial / Copper Cable
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
Who are the leading players in the Hybrid Fiber Coaxial Network industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of Hybrid Fiber Coaxial Network?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
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