Hybrid Fiber Coaxial Market size was over USD 13.74 billion in 2024 and is anticipated to cross USD 31.92 billion by 2037, growing at more than 6.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hybrid fiber coaxial is estimated at USD 14.48 billion. Higher cost-efficiency of hybrid fiber coaxial (HFC) networks. HFC networks leverage existing coaxial cable infrastructure, which was primarily built for cable TV services. By using the existing infrastructure, service providers can avoid the substantial cost of deploying new fiber optic cables, which makes HFC a cost-effective option for network expansion and upgrades.
Furthermore, the expansion of the industry is further boosted by rising demand for unmanned aerial vehicles (UAVs). In 11 different countries, 56 different types of UAVs are in operation. This covers 807 drones in active operation around the world (excluding China, Russia, and Turkey). By establishing a network of HFC infrastructure in an area, UAVs can connect to the network to receive commands, transmit telemetry data, and communicate with ground control stations. This allows for real-time monitoring control and coordination of multiple drones in the airspace.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?