According MarketsandMarkets’ research report, “RF-over-Fiber Market by Component, Frequency Band, Application, Vertical, and Geography - Global Forecast to 2023”, the market is expected to grow from $336.3 million in 2018 to $566.1 million by 2023, at a CAGR of 10.97%. Demand for fiber optic cables with higher bandwidth and durability, adoption of 4G, 5G, LTE advanced, and VoIP technologies, and military spending on C4I systems for enhanced communication and security are the factors that drive the growth of this market.
Report Key Points
- The L band is likely to account for the largest share of the RF-over-fiber market between 2018 and 2023
- RF-over-fiber market for telecommunications expected to hold the largest share during the forecast period
- APAC accounted for the largest share of the RF-over-fiber market in 2017
- The key players operating in the RF-over-fiber market include Finisar (US), HUBER+SUHNER (Switzerland), Emcore (US), Gooch & Housego (UK), Seikoh Giken (Japan), Apic Corporation (US), DEV Systemtechnik (Germany), Foxcom (Jerusalem), Glenair (US), Optical Zonu (US), and Vialite Communication.
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