Global Fixed Line Communications Equipment Market 2017-2021
About Fixed Line Communications Equipment
Fixed-line communication equipment refers to the collection of wired networks, which are used for voice and data communications. The fixed line can be viewed as a connection to an end-customer by means of a cable, using which the user will be able to make phone calls or connect to the internet. Fixed line networks evolved from circuit switch-based copper wires, primarily to establish a voice call between two users. With the commercialization of the internet during the 1990s, fixed line networks were reengineered to facilitate the point-to-point transfer of digital data. The proliferation of the internet and the subsequent roll-out of services like video-on-demand led to bandwidth crunch, which, in turn, fueled the adoption of fiber optics, a more enhanced medium of communication.
Technavio’s analysts forecast the global fixed line communications equipment market to grow at a CAGR of 4.10% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fixed line communications equipment market for 2017-2021. To calculate the market size, the report considers the new installations, shipments, sales, and volume and excludes the services market..
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fixed Line Communications Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global fixed line communications equipment market: ARRIS Group, Broadcom, Cisco Systems, Alcatel-Lucent, and Arista Networks.
Other Prominent Vendors in the market are: ADB, Albis Technologies, AEROHIVE NETWORKS, Allied Telesis, and Avaya.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of cloud storage. The cloud is a virtual platform remote in nature, which is used to store, manage, and retrieve data or resources as and when required by the enterprises. The increase in the data capable devices and the web applications has necessitated the need for scalable cloud technology. Many enterprises are inclined toward the cloud storage to eliminate investments required for the storage hardware and physical infrastructure.”
According to the report, one of the major drivers for this market is Growing demand for data centers. The advent of big data analytics, IoT, and cloud-based services has increased the demand for data centers across the globe. At present, the US is the largest market for the data center operations. The increasing adoption of the data centers is fueling the demand for the router products, which, in turn, is having a positive impact on the fixed line communications equipment market. The network equipment plays one of the most vital roles in the operations of the data centers. The demand for data centers is increasing among the large enterprises, government agencies, and the telecommunication organizations. In addition, there is a growing demand for the colocation facilities among the SMEs, which is further fueling the demand for data centers, thereby driving the fixed line communications equipment market.
Further, the report states that one of the major factors hindering the growth of this market is Training and development of technicians. The fixed line communications equipment market is growing at a modest rate. The market is witnessing increased installations and R&D investments. In addition, the availability of skilled technicians who have expertise in the products is important. It is mandatory that technicians are updated and well versed with the associated and dynamic technologies surrounding the fixed line communications. Lack of knowledge and training in the technicians will be a hindrance to the deliverance, which will affect the growth of the market.
ARRIS Group, Broadcom, Cisco Systems, Alcatel-Lucent, Arista Networks, ADB, Albis Technologies, AEROHIVE NETWORKS, Allied Telesis, and Avaya.
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