Hybrid Fiber Coaxial (HFC) Network Market to Reach US$ 20.48 Billion by 2028 at a CAGR of 9.2% By Emergen Research

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Rising demand for cloud technology is a key factor driving hybrid fiber coaxial network market revenue growth

Hybrid Fiber Coaxial Network Market Size – USD 10.16 Billion in 2020, Market Growth – at a CAGR of 9.2%, Market Trends – High demand from North America”
— Emergen Research

VANCOUVER, BC, CANADA, November 22, 2022 /EINPresswire.com/ -- 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.

Hybrid fiber coaxial gets damaged due to lightning, and also limited node connections are other drawback of using HFC networks. Moreover, node connections cannot be changed without changing the entire installation process. Besides, installation of hybrid fiber coaxial networks requires skilled professionals, which are scarce, and thus hampering market growth.

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Some 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.

In 2020, fiber optic cable segment accounted for significantly large revenue share, which can be attributed to very high bandwidth. Fiber optic cables, especially single mode, have capability to provide maximum bandwidth to carry more data compared to other cables of same diameter. In addition, decreased latency enables faster upload and download speeds, along with faster access to resources. Furthermore, this enables fiber optical cable to carry data across long distances without any disruptions.

Market in North America accounted for largest revenue share in 2020 due to continuous technological advancement and product innovations. Majority of hybrid fiber coaxial equipment and solution providers are based in countries in North America. Companies are investing in research and development activities, which are leading to product innovations and increasing deployment of hybrid fiber coaxial networks in countries in the region.

Some major companies included in the global market report are 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)
Digital TV

Component Outlook (Revenue, USD Billion; 2018–2028)
RF Combiner
Optical Node
Fiber Optic Cable
Coaxial / Copper Cable

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Regional Outlook (Revenue, USD Billion; 2018–2028)

North America
Rest of Europe
Asia Pacific
South Korea
Rest of APAC
Latin America
Rest of LATAM
Middle East & Africa
Saudi Arabia
Rest Of MEA

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Hybrid Fiber Coaxial Network market?

What are the key product types and applications of the Hybrid Fiber Coaxial Network industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Hybrid Fiber Coaxial Network market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Hybrid Fiber Coaxial Network Market by 2028?

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