San Francisco, Sep 28 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.
Browse full research report on Passive Optical Network (PON) 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
Browse more reports of this category
by Grand View Research: 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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East
and Africa (MEA)
Browse press release of this report
by Grand View Research: 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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