Global G.Fast Chipset Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global G.Fast Chipset Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

G.Fast is a digital subscriber line protocol for local loops up to 500 meters, with performance ranging from 150 Mbit/s to 1 Gbits/s. The techniques employed by the G.Fast chipset include vectoring, duplexing, modulation, and channel coding. G.Fast allows broadband service providers to provide ultra-high-speed Internet services with technological advancements, so it is increasingly used in busy lifestyles.

Market Overview:

The latest research study on the global G.Fast Chipset market finds that the global G.Fast Chipset market reached a value of USD 25.54 million in 2022. It’s expected that the market will achieve USD 13.4 million by 2028, exhibiting a CAGR of -10.19% during the forecast period.

The impact of the Russia -Ukraine war on the G.Fast Chipset Market

The Russo-Ukrainian war has disrupted global agricultural and energy supply chains, with major repercussions for the global economy. The war led to sharp rises in food, fertilizer, and energy prices, exacerbated inflationary pressures, widened the gap between rich and poor, and triggered a food crisis. The Ukrainian region also absorbs international humanitarian aid and development funding that would otherwise be used to resolve conflicts and crises in other parts of the world. The turmoil in the political environment exacerbates the instability in the economic environment. According to McKinsey's September 2022 Global Economic Conditions Survey, European respondents mainly pointed to rising energy and material costs due to poor business performance, while rising wages were the top concern in India and North America. But as Russia threatens European security, the West has strengthened its cohesion by jointly imposing sweeping economic sanctions on Russia. Overall, the Russo-Ukraine war has disrupted supply chains and realigned global trade arrangements. Enterprises need to establish good relationships with suppliers and partners to ensure supply chain security and cost control.

For areas involved in war, the military's first task is to cut off the network. The war left base stations and fiber optic cables damaged, and hundreds of towns and villages were cut off from their families and the outside world. Russia and Ukraine are stepping up their battle for control of the internet, seeing online access as a key weapon in 21st-century warfare. Russia's attempts to control the flow of information go far and wide. According to the Ukrainian Special Communications Service, since the invasion began, Russia has seized or destroyed more than 4,000 base stations belonging to Ukrainian telecommunications providers and seized or damaged more than 60,000 kilometers of internet fiber optic lines. In some parts of southern Ukraine, Russia also wires its internet traffic to facilitate surveillance and censorship. So far, the Internet has played a key role in this crisis. Examples include enabling communications and real-time access to disseminate life-saving information, as well as applications that provide services. Western countries are currently isolating Russia on the Internet. For example, Western countries block Sputnik and RT, and Russia blocks mainstream media such as BBC and CNN. In general, the Russo-Ukraine war has increased the demand for network installation and maintenance in some areas, and the urgency of war photos and information dissemination has also prompted broadband service upgrades in this area.

Impact of the National Broadband Plan (NBP)

The growth of the National Broadband Plan is driving the demand for G.fast chipsets. To attract consumers from all over the world, the National Broadband Plan supports a variety of broadband plans. It assists governments in developing plans and visions of how technology can help their country move forward in line with changing technological dynamics. Broadband penetration has an even greater impact on GDP growth and impacts people's lives in countless ways. According to a World Bank report, every 10% increase in broadband penetration in any country increases its GDP by at least 4.6%. In 2010, the FCC submitted a National Broadband Plan to Congress. The plan's goal of providing affordable, reliable high-speed broadband to every American, including the more than 35 percent of rural Americans who do not have access to broadband at minimum acceptable speeds, has been largely achieved by 2020. Ireland has published a national broadband plan since 2012, which will be achieved through investment by commercial enterprises and state intervention in areas where private companies have no plans to invest. Ireland's business telecommunications sector has invested over €3.3 billion and now 77% of Ireland's 2.4 million premises have access to commercial high-speed broadband services of over 30 Mbps. The National Broadband Plan makes a major contribution to bridging the existing digital divide between Ireland's urban and rural communities. Therefore, the continuous growth of broadband users shows that countries have promoted the continuous growth of broadband users through the implementation of national broadband plans, and this process has increased the demand for broadband access technologies including G.fast chipsets.

Growing Demand for Ultra-Fast Broadband Services

The growing demand for high-speed broadband further drives the G.fast chipset market. One of the biggest trends impacting consumer demand for high-speed, reliable internet is the emergence of the remote work market. Remote working, implemented during the pandemic, is gradually being adopted by more businesses. As consumers own more connected consumer electronics and smart home products. The increased demand for home networking has driven mass purchases of networking equipment by consumers and has prompted Internet service providers to begin deploying next-generation networking products and services for their subscriber base. Commercial hotels and shopping malls are adding Wi-Fi coverage areas and advanced network controls to attract crowds and improve the experience. Streaming services need to deliver content at high speeds without buffering, and the increasing use of streaming services such as Netflix and Amazon Prime is driving the growth in demand for high-speed broadband. As businesses of all sizes increasingly use cloud services, upload speeds have become critical for many consumers. Hence, the growing demand for ultra-high-speed broadband services from downstream industries has boosted the growth of the G.fast chipset industry.

Limited Applications for Gigabit Speeds

Partial residential applications at gigabit rates are one of the important factors restricting the growth of the G.Fast chipset market. This is somewhat hindering the market growth because most of the residences globally use megabit rates as compared to the commercial sector. There is a lack of awareness of G.Fast technology and only a few service providers in the market have deployed it. G.Fast chipsets use existing copper infrastructure to provide high-speed Internet connections. Rural areas with underdeveloped infrastructure do not have access to improved internet connectivity. The maximum range of the G.Fast chipset is a radius of 500 meters around the point of distribution. This means it cannot be used in large buildings or communities. This limitation of short-distance service will only restrain the growth of the market. Due to regulatory issues, the availability of G.Fast chipsets is limited in many areas. For example, certain countries have restrictions on the use of certain frequency bands, which has an impact on the launch of G.Fast chipsets. In addition, the global copper-based broadband technology market is showing a downward trend. Copper networks are inefficient, costly, energy-intensive, have short local loop lengths (only a few hundred meters on average), and have higher limiting failure rates. As speeds continue to increase, churn rates for copper customers are 10 percent higher than for fiber customers. Hiring a qualified workforce to operate a copper-based network is also challenging, so the limited nature and distance range of G.Fast technology limits its market expansion.

Region Overview:

In 2022, the share of the G.Fast Chipset market in UK stood at 20.19%.

Company Overview:

The major players operating in the G.Fast Chipset market include Broadcom Ltd., MaxLinear, Inc., Sckipio Technologies SI Ltd., Metanoia Communications, Inc., etc. Among which, Broadcom Ltd. ranked top in terms of sales and revenue in 2023.

Broadcom Ltd.

Broadcom Inc., a Delaware corporation headquartered in San Jose, California, is a global infrastructure technology leader built on 50 years of innovation, collaboration, and engineering excellence. With roots based on the rich technical heritage of AT&T/Bell Labs, Lucent, and Hewlett-Packard/Agilent, Broadcom focuses on technologies that connect our world.

MaxLinear, Inc.

MaxLinear is a fabless semiconductor company that provides systems-on-chip (SoC) solutions used for broadband, mobile, and wireline infrastructure, data center, and industrial and multi-market applications.

Segmentation Overview:

Among different product types, Customer Premises Equipment (CPE) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global G.Fast Chipset market covered in Chapter 3:

Broadcom Ltd.
MaxLinear, Inc.
Metanoia Communications, Inc.
Sckipio Technologies SI Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the G.Fast Chipset market from 2018 to 2029 is primarily split into:

Customer Premises Equipment (CPE)
Distribution Point Unit (DPU)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the G.Fast Chipset market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)