Report Code: 12914 | Available Format: PDF | Pages: 270
The rf over fiber market valued USD 660.6 million in 2023, which is expected to witness a CAGR of 9.2% during 2024–2030, reaching USD 1,215.2 million by 2030. This is ascribed to the rising demand for high-speed networks, advanced telecommunications infrastructure, and broadcasting & satellite communication and the increasing demand for these solutions from military & defense and industrial applications.
The market is also progressing due to the growing popularity of fiber-to-the-X (FTTX) architecture, where the RF-over-fiber technology is critical for delivering dependable and high performance for fiber-to-the-home (FTTH) and other installations. As a vital part of the current fiber-optic communication infrastructure, the adoption of RF-over-fiber would surge as the global demand for faster and more-robust internet access grows.
For accommodating the processing and storage needs of users and organizations, the availability of cloud computing services and data centers is continually expanding. High-bandwidth connections are required for quick access to data stored in such facilities and cloud resources. The widespread deployment of 5G networks and the ongoing technological advancements in wireless technology also need a powerful infrastructure that is capable of handling significant high data speeds.
The L frequency band held a market share of 55% in 2023, and it is expected to be the largest category in the coming years as well. The demand for the L band is increasing due to the need for reliable and high-quality communication in different sectors, such as defense & aerospace and telecommunications. Further, the technological advancements across industries, especially those related to digitalization, propels the usage of the L Frequency band.
Moreover, aviation & aerospace communication systems, such as weather radar systems; aircraft surveillance systems, including automatic dependent surveillance–broadcast (ADS-B); and navigation, rely on these frequencies. This band is also used in IoT devices and machine-to-machine (M2M) communication, specifically in situations where high data rates and long-distance communication are required. These frequencies are also utilized to provide coverage in distant places or fulfill specific communication needs by mobile satellite services (MSS).
Report Attribute | Details |
Market Size in 2023 |
USD 660.6 Million |
Market Size in 2024 |
USD 715.7 Million |
Revenue Forecast in 2030 |
USD 1,215.2 Million |
Growth Rate |
9.2% CAGR |
Historical Years |
2017-2023 |
Forecast Years |
2024-2030 |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Segments Covered |
By Component; By Frequency Band; By Application; By Vertical; By Deployment; By Region |
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Based on application, the communication category held a market share of 65% in 2023, and it will have the largest market share in the near future too.
The RF-over-fiber technology has also an essential role in broadcasting, including radio, television, and satellite communications. To both satellite and terrestrial broadcasting systems, it offers trustworthy and high-quality transmission of signals over longer distances, without compromising quality. Therefore, it is essential for the deployment of small cell networks, distributed antenna systems (DAS), and wireless networks. These systems greatly depend on this technology for the efficient distribution of signals, specifically in places such as airports, institutional campuses, stadia, and urban areas with issues in wireless coverage.
Based on vertical, the IT and telecommunications category dominated the market, with a share of 75%, in 2023, and the same trend is predicted over this decade. This would be due to the increasing demand for high-performance and reliable communication infrastructure. IT and telecommunications companies extensively use RF-over-fiber to transmit high-frequency signals between central offices and base stations, increase transmission capabilities, and provide high bandwidths.
This infrastructure supports wireless and wired communication services for customers and businesses. The need for high-frequency, high-speed data transfer has increased due to the efficiency of RF over fiber technology.
APAC will experience a CAGR of 10% during 2024–2030. This is attributed to the rapid developments in the media communications, broadcasting, and defense sectors, which are significant users of this technology. Besides, the APAC region is witnessing the swift deployment of 4G and 5G networks, in which this technology allows for data transmission over significant distances without signal degradation.
The growing pace of advancements, which have made this technology cost-effective, reliable, and efficient, also drives its adoption. The increasing adoption of IoT devices contributes to the rise in the demand for high-performance communications infrastructure, where RF-over-fiber is important. Further, the growing IT industry is adding fuel to the growth of the market.
North America is the second-largest market, with a share of 30% in 2023. This is due to the expansive and technologically advanced telecommunications industry, particularly in the U.S. Other factors driving the market are the research and development initiatives related to this technology, investments to upgrade the existing communication infrastructure, and early adoption of 5G networks.
Competition in the RF-over-fiber market is based on the range of market players catering to various industries and the increasing production of optical fiber cables. New product launches and other initiatives are other factors that contribute to the intensity of the competition among organizations.
This report offers deep insights into the RF-over-Fiber market, with size estimation for 2017 to 2030, the major drivers, restraints, trends and opportunities, and competitor analysis.
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