The global passive optical 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.
Access Research Report of Passive Optical Network Market @ www.grandviewresearch.com/industry-analysis/passive-optical-network-pon-equipment-market
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
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 Press Release of Passive Optical Network 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
