Hybrid Fiber Coaxial Market Share

North American Market Forecast

The North America hybrid fiber coaxial market is projected to be the largest with a share of about 37% by the end of 2037. The market growth in the region is attributed to the growing penetration of the internet in the region. By 2023, nearly 92 percent of people in the United States have access to the Internet. The United States is one of the world's largest online markets, with about 299 million internet users by 2022. Moreover, the United States was responsible for around 86% of HFC sales in 2023. Furthermore, the development of high-quality IoT infrastructure is also expected to augment the region’s market growth.

APAC Market Analysis

The Asia Pacific hybrid fiber coaxial market is estimated to be the second largest, registering a share of about 24% by the end of 2037. Rising efforts by the government for widespread digitization are expected to boost market growth in the region. The Indian Telegraph Right of Way (Amendment) Rules, 2022, would encourage more rapid and simpler development of telegraph infrastructure, allowing for a faster 5G rollout. Owing to all such initiatives, there was a 200% increase in rural internet subscriptions between 2015 and 2021, and urban areas witnessed a 158% rise in internet subscription. On the other hand, China is the world’s largest user of hybrid fiber coaxial, it accounted for around 32% of the entire global sales.