Gigabit Passive Optical Network (GPON) Equipment Market to Witness Robust Expansion by 2029
Gigabit passive optical network (GPON) equipment market is expected to grow at a moderate CAGR during the forecast period. 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.
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.
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Market Coverage
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The market number available for – 2022-2030
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Base year- 2022
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Forecast period- 2023-2030
Segment Covered-
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By Product
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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.
Gigabit passive optical network (GPON) equipment Market - Segmentation
By Product
•
Optical Line Terminal (OLT)
•
Optical Network Terminal (ONT)
By End-User
• Residential
• Business
A
full Report of Global Gigabit Passive Optical Network (GPON) Equipment Market
is Available at: https://www.omrglobal.com/industry-reports/gigabit-passive-optical-network-gpon-equipment-market
Gigabit passive optical network (GPON) equipment Market - Segmentation by
Region
North America
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United States
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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
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India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
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