According to MarketsandMarkets, the global fiber-to-the-x (FTTx) market is expected to grow from $9.70 billion in 2018 to $14.31 billion by 2023, at a CAGR of 8.10% from 2018 to 2023. Increasing demand for higher bandwidth, the growing use of optical fiber in mobile backhaul for communication, and rising demand for triple- and quad-play services are the key factors driving the FTTx market growth, the research house says.
