Optical fiber is projected to become the leading internet delivery method to American homes by 2030, according to a new industry report from telecommunications market research firm RVA LLC.
The report, “North American Fiber Broadband Report: FTTH Review And Forecast 2025-2029,” projects that annual FTTH deployment will reach its peak over the next five years, projecting capital expenditures to total $167 billion through 2029.
Michael Render, principal of RVA and primary analyst of the new report, said FTTH was once a dream that is now seen by many as a necessity.
“Consumer demand for the advantages of optical fiber is unprecedented, and the industry is responding,” said Render in a press release. “The annual rate of homes-passed and connected are all projected to be at historical record levels, although there are expected impacts from constraints such as permitting time and workforce availability.”
According to consumer research conducted by RVA LLC for the Fiber Broadband Association, 65% of Americans would choose fiber if given the option, compared to 18% who would prefer coaxial cable and 17% who favor wireless, DSL, or satellite. RVA forecasts that this growing preference for fiber will drive FTTH adoption.
RVA also notes that the fiber deployment landscape is becoming more diverse: while Tier 1 telephone companies remain the largest providers of FTTH, their market share is expected to decline as cable companies, private competitive providers, municipalities, rural electric cooperatives, and others expand their fiber footprints.
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Hayden Beeson
Hayden Beeson is a writer and editor with over seven years of experience in a variety of industries. Prior to joining Lightwave and Broadband Technology Report, he was the associate editor of Architectural SSL and LEDs Magazine.