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FTTx Blown Fibre Cable Market Size to Grow USD 5372 Million by 2029 at a CAGR of 12.6% | Valuates Reports

March 15, 2024

FTTx Blown Fibre Cable Market revenue was USD 2536 Million in 2022 and is forecast to a readjusted size of USD 5372 Million by 2029 with a CAGR of 12.6% during the forecast period (2023-2029).

Major Factors Driving the Growth of FTTx Blown Fibre Cable Market

Increased demand for high-speed internet connectivity, the global rollout of Fiber-to-the-Home (FTTH) networks, the advantages of blown fiber cable technology—such as its affordability and ease of installation—urbanization and smart city initiatives that necessitate a robust broadband infrastructure, government funding and broadband expansion programmes, rising data consumption and bandwidth demand, ongoing technological advancements and industry standards, competitive dynamics within the telecommunications sector, and the focus on long-term cost savings associated with fiber optic deployments are all driving factors in the growth of the FTTx Blown Fibre Cable Market.

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