Global Gigabit Passive Optical Network (GPON) Equipment Market Size, Share and Forecast 2021-2027
The global Gigabit passive optical network (GPON) equipment market is expected to grow at a moderate CAGR during the forecast period (2021-2027). With developments in optical fiber networks, the GPON business is seeing major disruption. Because a single fiber cable can service up to 32 users, passive optical fiber networks are less expensive than regular ethernet. Due to much shorter downtimes, fiber networks have also emerged as a credible choice for meeting market demand for low latency networks. This is expected to help GPON technology expand in popularity.
The deployment of highly scalable telecommunication backhaul
infrastructure using GPON technology is rapidly increasing in order to meet
real-time customer needs and increase market revenues. The fast adoption of
next-generation networks, such as LTE-A and 5G, has put pressure on telecom
operators to deploy backhaul equipment that can adapt to changing capacity,
latency, and coverage needs in a changing market. Due to the ongoing COVID-19
pandemic, remote access patterns and greater digital media consumption have
resulted in a significant increase in internet traffic. Telecom companies are
increasingly emphasizing the importance of delivering high-bandwidth,
low-latency communications on a continuous basis, resulting in positive market
growth for GPON systems.
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The increasing popularity of FTTH for high-speed
and reliable internet access is expected to drive the FTTH application category
in the market to grow. The potential of FTTH systems to package many services,
such as cable TV, gigabit-speed internet, telephony, CCTV, IPTV, smart home
apps, and safety and security services, has increased the market demand. Due to
the expanding use of low-cost multimedia devices, there is a growing demand for
bandwidth-intensive services. In order to preserve revenue share and
profitability, the market has seen various strategic agreements amongst
significant companies for the development of new products with extra
functionality. Bharti Airtel, a big Indian telecom operator, and Nokia, for
instance, struck a $1 billion agreement in April 2020, to lay 5G infrastructure
in India. Through 5G-based services, the alliance is intended to help Airtel
compete with key industry rivals.
Market Coverage
·
The market number available for – 2020-2027
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Base year- 2020
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Forecast period- 2021-2027
Segment Covered-
·
By Product
·
By End-User
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Competitive Landscape- ADTRAN, Inc., Allied
Telesis, Inc., Alphion Corporation, AT&T Inc., Broadcom, Inc., Calix Corp.
among others.
Key questions addressed by the report
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What is the market growth rate?
·
Which segment and region dominates the market in base
year?
·
Which segment and region will project fastest growth in
the market?
·
How COVID-19 impacted the market?
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Recovery Timeline
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Deviation from pre-COVID forecast
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Most affected region and segment
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Who is the leader in the market?
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How players are addressing challenges to sustain growth?
·
Where is the investment opportunity?
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Global Gigabit passive optical network (GPON) equipment Market -
Segmentation
By Product
•
Optical Line Terminal (OLT)
•
Optical Network Terminal (ONT)
By End-User
• Residential
• Business
Global Gigabit passive optical network (GPON) equipment Market -
Segmentation by Region
North America
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United States
·
Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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