Radio Over Fiber Market Size to Grow by $ 151.56 Million through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the radio over fiber market and it is expected to grow by $ 151.56 million, accelerating at a CAGR of almost 7.39% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.

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Radio Over Fiber Market: Emerging Trends to Impact Market Growth

Growth by the 0-2.9 GHz segment will be significant during the forecast period. Advantages such as low noise figures, compact structure, and efficient power modules make it suitable for the satellite communication network. Furthermore, it offers a high dynamic range, thus helping in the easy transport of satellite signals. Such factors will drive the growth of the 0-2.9 GHz product segment during 2021-2025. APAC has been exhibiting a significant growth rate for radio over fiber market vendors. Factors such as the growing telecom and satcom industries are accelerating the radio over fiber market growth in APAC. 

This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Radio Over Fiber Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. APIC Corp., DEV Systemtechnik GmbH, Emcore Corp., Global Invacom Group Ltd., HUBER+SUHNER AG, II-VI Inc., Intelibs Inc., Octane Wireless, Optical Zonu Corp., and RFOptic Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 7.39%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 151.56 mn through 2021-2025.
    
3. What is a key factor driving this market?
   High dependency of wireless communication industry on RoF will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   62% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are APIC Corp., DEV Systemtechnik GmbH, Emcore Corp., Global Invacom Group Ltd., HUBER+SUHNER AG, II-VI Inc., Intelibs Inc., Octane Wireless, Optical Zonu Corp., and RFOptic Ltd.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (0-2.9 GHz, 3-7 GHz, 8-17 GHz, 18-29 GHz, and >30 GHz), Application (Satcom, Defense, Telecom, and Others), and Geography (APAC, North America, Europe, South America, and MEA)