The global fiber termination box market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. Increased demand for network speed and the rise in the number of internet users are acting as the key drivers for the growth of the global fiber termination box market. According to the International Telecommunication Union (ITU), 63% (approx.4.9 billion) of the global population is using the internet in 2021 that increase by 17% since 2019. Additionally, the growing importance of data transfer, storage, and IoT is also increasing the use of the internet.
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For instance, in November 2021, according to a report of (International Energy Agency) IEA, as a result of an increase in video streaming, video conferencing online gaming, and social networking there is an increase in demand for the internet globally by more than 40% in 2020. Due to an increase in the number of internet users and internet speed their id demand is growing that in turn increasing need for the fiber termination box. As Fiber optic internet is data connected by the table that supports in data travelling through them which are 20 times faster than that of normal regular cables at 1Gbps. FTTH- this fiber is the most reliable and fastest speed giving, FTTB- to provide internet to several different businesses.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Type
· By Application
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape- Corning Incorporated, Furukawa Electric Co., Ltd., Hengtong Group Co.,Ltd., Prysmian Group, Yangtze Optical Fibre and Cable Joint Stock Ltd. Co.
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Global Fiber Termination Box Market Report Segment
By Type
• Wall Mount
• Rack Mount
By Application
• Telephone
• Television
• Data and Image Transmission
Global Fiber Termination Box Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
Company Profiles
· Belden Inc.
· Carefiber Optical Technology Co.,Ltd.
· CommScope, Inc.
· ECPlaza Network Inc.
· FiberHome Telecommunication Technologies Co.,LTD.
· FUJIKURA LTD.
· Green Telecom Technology Co.,Ltd
· Hexatronic Group
· K&M Solutions Co.,Ltd.
· Nexans AmerCable
· Ningbo Hi-Tech Zone Newsunn Optronics Technology Co., Ltd.
· henzhen Sopto Technology Co., Ltd
· Shenzhen Wirenet Telecom Technology Co., Ltd.
· Sterlite Technologies Ltd.
· Sumitomo Electric Industries, Ltd.
· Thorlabs, Inc.
· ZTT
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