The article cited AMA's Global Fiber in the Loop Market Study explored significant growth with CAGR of 21.7%. According to the report, Increased product flexibility, so an optical network unit can be used in different local-loop system architectures
is one of the primary growth factors for the market. Rise in telephone companies and cable operators across the globe
is also expected to contribute significantly to the Fiber in the Loop market. Overall, Residential Use
applications of Fiber in the Loop, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global Fiber in the Loop Market identified that the demand is rising in many different parts of the world due to "Improving mechanical support characteristics to make the fiber-optic cable more resistant to harsh environments
". Furthermore, some recent industry insights like "In July 2021, as the 4th Industrial Revolution continues to accelerate business demand for high-speed broadband and presence in the cloud, Lumen has expanded its fiber network infrastructure in Europe, strengthening its service capabilities in France, Switzerland, and Spain. These strategic network expansions put high-performance fiber closer to end-users to deliver faster connections, lower latency, and enhanced security, for an exceptional customer experience" is constantly making the industry dynamic. One of the challenges that industry facing is "Research and development efforts are being carried out on a large scale to make this technology more reliable and cost-effective"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Fiber in the Loop market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fiber in the Loop market and other related sub-markets covered in the study.
o Key & emerging players in the Fiber in the Loop market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Fiber in the Loop market size is calculated using market estimation process, the Fiber in the Loop market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fiber in the Loop market size has been validated using both top-down and bottom-up approaches.