The global passiveOptical Network (PON) market is expected to reach USD 43.43 billion by 2025,
according to a new report conducted by Grand View Research, Inc. Passive
optical network equipment offers higher efficiency with better bandwidth and
utilizes larger variable length packets. The telecom operators in the industry
are transitioning their switches from fiber to the business to the fiber to the
home and fiber to the building rollouts leading to the growth of PON equipment.
The equipment market is
consolidated in nature with few major players dominating their presence in the
market. Hence, mergers and acquisitions and strategic alliances are formed to
recognize the transformational value of the products associated. The
advancements in the networking technologies have led to the development and
adoption of optical network services.
Furthermore, the increasing
focus of players on upgrading the existing networks to PON for higher broadband
speed and the growing number of connected devices both outside and inside the
residential complexes is anticipated to proliferate the industry.
The increasing demand for
energy conservation and strong optical network setup is expected to fuel the market
growth. Emerging regional markets, such as Asia Pacific, offer strong growth
opportunities for the technology owing to intensive bandwidth applications.
Increasing R&D and
investments from private and public sectors along with factors such as exceeding
data traffic are projected to be the key drivers for the industry. The North
American and European regions captured a market share of over 50% owing to
increasing use of passive optical network equipment.
However, short range on the
operator’s premises and high installation cost at the are likely to hinder the
market growth over the forecast period.
Full Research Report On Passive Optical Network (PON)
Market
Analysis:
Further key findings from the report suggest:
·
Passive optical network is
gaining attention in the market owing to the ability to implement a
point-to-multipoint architecture
·
The GPON based equipment is
projected to dominate the market with a CAGR of over 20% over the forecast
period
·
Fiber-to-the-home (FTTH)
applications of the market are gaining traction owing to the increasing
adoption among the telecom carriers
·
The Asia Pacific market is
expected to witness significant growth owing to increasing investments in
research infrastructure
·
The major industry players in
the PON market include Huawei Technologies Co. Ltd., Calix Inc., Alcatel-Lucent
S.A., and ZTE Corporation
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the PON
market based on structure, component, application, and region:
PON Structure Outlook
(Transaction Revenue, USDBillion;2014 - 2025)
·
GPON
·
EPON
·
WDM-PON
PON Component Outlook
(Transaction Revenue, USD Billion;2014 - 2025)
·
ONT
·
OLT
PON Application Outlook
(Transaction Revenue, USD Billion;2014 - 2025)
·
FTTx
·
Mobile Backhaul
PON Regional Outlook
(Transaction Revenue, USD Billion;2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East and Africa (MEA)
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-passive-optical-network-pon-equipment-market
www.grandviewresearch.com/press-release/global-passive-optical-network-pon-equipment-market
About Grand
View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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