Global FTTx tester demand is anticipated to be valued at US$ 13.9 Billion in 2022, forecast to grow at a CAGR of 7% to be valued at US$ 27.34 Billion from 2022 to 2032. The growing demand for high speed Internet and increasing broadband subscription is surging the adoption of FTTx and significantly creating a huge demand for the FTTx tester market, globally.
Report Attribute
Details
Estimated Base Year Value (2021)
US$ 12.99 Billion
Expected Market Value (2022)
US$ 13.9 Billion
Anticipated Forecast Value (2032)
US$ 27.34 Billion
Projected Growth Rate (2022-2032)
7% CAGR
Long distance coverage, increased bandwidth, and high reliability are having a positive impact on the growth of the global FTTx tester market.
Which are Some Prominent Drivers Spearheading FTTx Tester Market Growth
Fiber to the x (FTTx) is the broadband network architecture used for communication through an optical fiber. Optical fiber cables are capable of carrying much more data when compared to traditionally-used copper wires. Fiber to the premises (FTTP) is the optical distribution network from the central office all the way to premises.
FTTP is categorized into fiber to home (FTTH) and fiber to building (FTTB). Fiber to the cabinet (FTTC) is a fiber-based telecommunication that serves multiple customers. With the growing demand for high speed broadband and continuous infrastructural developments, FTTx tester market is expected to have a huge demand during the forecast period.
Gigabit products and 4k TV are fuelling the FTTx tester market. FTTx and FTTx tester are supplier-driven market. Companies are launching multiple innovative products using FTTx, which, in turn, creates the demand for FTTx tester. Multiple gigabit products were launched in the last few years using fiber. In Singapore, FTTx has been available since 2012. Still not much commercial push or demand from the customers was witnessed. In 2014, two companies, MyRepublic and MI, launched gigabit broadband. This new launch, in turn, caused two other players, StarHub and SinTel, to respond with equivalent gigabit broadband products.
The market in Singapore is moving towards multi-gigabit products. These continuous development is expected to fuel the global FTTx tester market during the forecast period. Vendors offer various FTTx tester such as optical time domain reflect meters, fiber identifiers, loss testing kits, fault locator, inspection & cleaning, and others. Several developments in fiber technology, with reference to FTTx, along with the proliferating growth rate of the market, along with the recent developments and innovations in FTTx tester are expected to drive the global FTTx tester market significantly during the forecast period.
Other factors such as continuous improvement in communication technology, advancement in IT infrastructure, and others are expected to fuel the growth of the global FTTx tester market during the forecast period.
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What is the Possible Challenge for the FTTx tester Industry
The challenges associated with the growth of FTTx tester market is limited availability of supporting infrastructure in developing countries and moderate demand from customer end in these developing regions are expected to restrain the FTTx tester market growth during the forecast period.
Region-wise Insights
Why is North America Emerging as an Opportunistic FTTx tester Market?
North America is expected to hold a maximum market share in the global FTTx tester because of the technological advancements and high adoption of FTTx. Growing demand for higher bandwidth and rising use of optical fiber in mobile backhaul is projected to drive the Fiber to the X Market over the predicted years.
How is Europe and Asia Pacific Contributing to Growth of the FTTx Tester Market?
According to Future Market Insights, Europe is expected to follow North America, and Asia Pacific is expected to grow at a considerably faster rate, during the forecast period due to the continuous developments in infrastructure and technology advancements. The increasing demand for high speed internet connection, IPTV, over-the-top services, communication services, and others are significantly driving the global FTTx tester market. The increasing adoption of fiber is one of the prominent factors for the growth of global FTTx tester market.
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Market Competition
Currently, the market is cosiderably competitive, with continuous product and technology developments by established as well as new players. Some of the key players in the FTTx tester market are AFL, AD-net Technology Co., LTD., Anritsu, EXFO Inc., Kingfisher International, VeEX Inc., 3 EDGE GmbH, SHANGHAI TARLUZ TELECOM TECH. CO., LTD, and others.
Attributed to the presence of such a high number of participants, the market is highly competitive. FTTx tester market report also contains projections using a suitable set of assumptions and methodologies. Global FTTx tester research report provides analysis and information according to market segments such as geographies, application, and industry. Globally, the FTTx tester market is expected to be fragmented in nature owing to the presence of a large number of players in the local as well as global market.
Report Scope
Report Attribute
Details
Growth Rate
CAGR of 7% from 2022 to 2032
Base Year for Estimation
2021
Historical Data
2015-2020
Forecast Period
2022-2032
Quantitative Units
Revenue in USD Billion, Volume in Kilotons
Report Coverage
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered
Distribution Network
Product
Application
Key Regions Covered
North America
Latin America
Europe
CIS & Russia
Japan
APEJ
Middle East & Africa
Key Countries Profiled
U.S
Canada
Brazil
Argentina
Germany
U.K
France
Spain
Italy
Nordics
BENELUX
Australia & New Zealand
China
India
ASEAN
GCC
South Africa
Key Companies Profiled
AFL
AD-net Technology Co. Ltd.
Anritsu, EXFO Inc.
Kingfisher International
VeEX Inc.
3 EDGE GmbH,
SHANGHAI TARLUZ TELECOM TECH. CO. LTD
Customization
Available Upon Request
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Key Segments Profiled in the FTTx tester Industry Survey
FTTx Tester Market by Application:
Fiber-to-the-home (FTTH)
Fiber-to-the-premise (FTTP)
Fiber-to-the-node (FTTN)
Fiber-to-the-building (FTTB)
Fiber-to-the-cabinet (FTTC)
FTTx Tester Market by Distribution Network:
Active Optical Network
Passive Optical Network
FTTx Tester Market by Product:
OTDRs
Inspection and cleaning
Fault locators
Fiber identifiers
Loss testing kits
Others
FTTx Tester Market by Region:
North America FTTx Tester Market
Latin America FTTx Tester Market
Europe FTTx Tester Market
CIS & Russia FTTx Tester Market
Japan FTTx Tester Market
APEJ FTTx Tester Market
Middle East & Africa FTTx Tester Market
Frequently Asked Questions
What is the anticipated growth of the FTTx tester market until 2032?
FMI projects the global FTTx tester market to expand at a 7% value CAGR by 2032
Which region is forecast to be the most lucrative for FTTx tester market growth?
North America is expected to be the most opportunistic FTTx tester market.
Which are some prominent FTTx tester manufacturers?
AFL, AD-net Technology Co., LTD., and Anritsu, are some prominent FTTx tester manufacturers.
