Annual direct investment in fiber to the home (FTTH) networks will reach US$4.7 billion by 2017 and total investment in FTTH over the next five years will be US$18 billion, according to a market analysis unveiled this week.
In its report, North American Fiber to the Home and Advanced Broadband Review and Forecast to 2017, market analyst RVA LLC also predicted that annual revenues derived by FTTH providers from ultra high bandwidth applications and services beyond the "triple play" -- voice, video and Internet -- will reach US$4 billion by 2017, or US$9 billion cumulatively over the next five years.
According to the report, fiber to the home networks, which are capable of providing broadband speeds of one gigabit and beyond, are now available to more than one-fifth of North American households.
“This report backs up what we've been seeing and hearing from the market in recent months that Americans and Canadians want their broadband providers to take it to the next level and deliver the gigabit speeds that will soon be necessary for economic advancement, overall competitiveness and rising living standards," said Heather Gold, president of the FTTH Council Americas, a non-profit organization made up of nearly 300 companies and organizations.
Mike Render, President of RVA and author of the study, said that the trend toward further FTTH deployment is clear.
“We see the next stage of FTTH growth being driven by a diverse group of providers, ranging from small to large and coming from various segments of the industry, as opposed to being driven by one large provider,” he said.
Further information on the RVA report can be found at rvallc.com.