London, 14 May 2015 – Technavio has published a new report on the fiber optic test equipment (FOTE) market in China, which is expected to grow at a CAGR of nearly 6% from 2015-2019.
Fiber Optic Test Equipment: About the Report
Fiber optic test equipment is used to access connections in optical fibers. In response to rising competition in the broadband service market, many service providers have adopted the “triple play” delivery system, which incorporates voice, data and video over a single connection.
“The increased demand for cable TV services in China has boosted the demand for FOTE, as it is required for faultfinding, and troubleshooting damaged optical fiber links,” says Faisal Ghaus, Vice President of Technavio.
The new market research report by Technavio also pinpoints increased R&D investments as a major reasons for market growth. In the wake of the rapid growth rate of the FOTE market, major players are aiming to increase their future market share by developing new technologies and safeguarding them through patents.
Fiber Optics: Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the fiber optic test equipment (FOTE) market in China from 2015-2019. The report considers revenue generated from FOTE sales to the following end-user industries:
- Telecommunications
- Cable TV
- Others (government and enterprise services)
Key Information Covered in the Report:
Key Vendors:
- Agilent Technologies Inc.
- EXFO Inc.
- JDSU Corp.
Market Growth Drivers:
- Increased placement of fiber optic in cable TV networks
- For a full detailed list, view our report.
Market Challenges:
- Infrastructure limitations for fiber optic networks in emerging countries
- For a full detailed list, view our report.
Market Trends:
- Increased R&D investments
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
