TechNavio recognizes the following companies as the key players in the Global Fiber Optic Connector Market in Telecom Sector: Amphenol Corp., FCI SA, Molex Inc., and Tyco Electronics Corp.,
Commenting on the report, an analyst from TechNavio’s team said: “The main trend witnessed in the Global Fiber Optic Connector market in the Telecom sector is the increase in government investments in fiber optic networks. Governments of major countries across the world are planning to invest in the deployment of fiber optic networks to improve the network infrastructure in their countries. The French government has plans to invest 2 billion Euro toward the deployment of FTTH in less populated areas. Similarly, the New Zealand government has set up a new company Crown Fiber Holdings to manage government investments in fiber optic networks and also to ensure the deployment of fiber optic networks even in the remotest parts of the country. Also, high investments in fiber optic networks are expected in China, which is anticipated to be a major destination for fiber optic networks in the coming years.”
According to the report, the main factor that is driving the market is the high bandwidth requirements of end-users. High bandwidth is extremely important for applications such as file downloading, online gaming, IPVOD, and videophone usage. Optical fiber cables provide the speed, agility, and accessibility required by service providers to offer services that consume high bandwidth.
Further, the report states that the main challenge confronting the market is the growing preference for wireless broadband. Mobile technology has become highly advanced and the use of smartphones and tablets has increased significantly over the past few years. 4G LTE networks provide high-speed internet connectivity, which is beneficial for mobile users, and service providers are determined to introduce advanced LTE in the near future.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Adamant Koygo Co. Ltd., Adtek Technology Co. Ltd., Belden Inc., Corning Cable Systems, Delphi Optics GmbH, FOCI Optical cable Communication Inc., Foxconn Technology Group., JST Corp., NTT Corp., OFS FITEL LLC., Panduit Corp., Sabritec Inc., Sur-link Technology Co. Ltd, and Yazaki Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-fiber-optic-connector-market-tele…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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