April 17, 2014
The future of fiber optics is being shaped by the need for higher bandwidth, signal rates, and on-chip connections. Technologies such as fiber-to-the-antenna (FTTA), long term evolution (LTE) deployments along with 100 and 400 Gig installations are therefore bolstering the global fiber optic test equipment market.
New analysis from Frost & Sullivan, Analysis of the Global Fiber Optic Test Equipment Market, finds that the market earned revenue of US$603.8 million in 2013 and estimates this to reach US$884.9 million in 2020. The fiber inspection probe is an emerging product that accounted for approximately US$45 million in sales during 2013 and continues to grow at a significant pace.
Integrated or platform-based test products, in particular, are gaining momentum for their ability to perform more than one type of test using the same test equipment.
Fiber penetration is increasing in the broadband and access space with significant roll-outs in mobility through FTTA, fiber-to-the-tower (FTTT), distributed antenna systems (DAS), and cloud or centralized-radio access networks (CRAN), the research firm said.
Further information is available at www.testandmeasurement.frost.com.