In a new report, world-renowned market research firm RVA predicts that the upcoming fiber-to-the-home (FTTH) infrastructure will reach more than 100 million households in the United States in the next approximately 10 years.
FTTH will also grow strongly in Canada and the Caribbean, RVA said in its North American Fiber Broadband Report 2023-2024: FTTH and 5G Review and Forecast. The 100 million figure far exceeds the 68 million FTTH household coverage in the United States to date. The latter total includes duplicate coverage households; RVA estimates, excluding duplicate coverage, that the number of US FTTH household coverage is about 63 million.
RVA expects telcos, cable MSOs, independent providers, municipalities, rural electric cooperatives and others to join the FTTH wave. According to the report, capital investment in FTTH in the US will exceed $135 billion over the next five years. RVA claims that this figure exceeds all the money spent on FTTH deployment in the United States to date.
RVA Chief Executive Michael Render said: “The new data and research in the report highlights a number of underlying drivers of this unprecedented deployment cycle. Perhaps most importantly, consumers will switch to fiber service delivery as long as fiber is available. business.”
Render emphasized that the availability of fiber-optic infrastructure plays a critical role in driving consumer behavior. As more people experience the benefits of fiber service, such as faster download and upload speeds, lower latency, and greater bandwidth capacity, they are more likely to switch from traditional broadband to fiber connections. The report’s findings demonstrate the strong correlation between the availability of fiber and the adoption rate among consumers.
Furthermore, the report highlights the significance of fiber-optic technology for businesses. With the increasing reliance on cloud-based applications, remote work, and data-intensive operations, businesses are increasingly seeking robust and secure internet connectivity. Fiber-optic networks provide the scalability and reliability required to meet the evolving demands of modern businesses.
Post time: May-26-2023
