The global radio over fiber market 2018-2022 is expected to post a CAGR of more than 11% during the forecast period, according to the latest market research report by Technavio.
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Technavio predicts the global radio over fiber market to post a CAGR of more than 11% by 2022. (Graphic: Business Wire)
A key factor driving the growth of the market is a high dependency of the wireless communication industry on RoF. The RoF technology is important for the wireless market, as it supports the ever-growing data traffic volumes and transports the information through optical fibers by modulating the light with the radio signal. This modulation is done with the radio signal or intermediate frequency (IF).
This market research report on the global radio over fiber market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the growth of 5G networks as one of the key emerging trends in the global radio over fiber market:
Global radio over fiber market: Growth of 5G networks
The RoF is a revolutionary technology that transmits radio signals over optical fibers and is emerging as a completely new and promising communication paradigm, as it delivers broadband wireless access services based on the synergy between fixed optical and millimeter wave technologies.
“Today, the 3G/4G networks are available worldwide, and it is expected that by 2020, 5G technology will evolve, providing a data speed of more than 10 to 20 times than 4G. The high-speed internet connectivity leads to web browsing, faster streaming of videos, social networking, and better performance of GPS, thus, enhancing the cell coverage of RoF. Thus, the growth of 5G networks is a trend for the RoF market,” says a senior analyst at Technavio.
Global radio over fiber market: Segmentation analysis
This market research report segments the global radio over fiber market by application (satcom, defense, telecom, and others) and geographical regions (APAC, EMEA, and the Americas).
APAC led the market in 2017 with a market share of close to 77%, followed by the Americas and EMEA respectively. The dominance of the region can be attributed to the cellular infrastructure development, increasing adoption of smartphones in countries like China and India, and rapid growth in the IoT industry.
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Some of the key topics covered in the report include:
Five Forces Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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