Passive Optical Network Market to Exhibit Impressive Growth by 2025|Key Industry Participants Huawei Technologies Co. Ltd. Shaquille O’Neal Jersey , Calix Inc by sonali_86 · October 7, 2019
The global聽passive optical network (PON) market聽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 Reggie Lewis Jersey , 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 Kevin Mchale Jersey , short range on the operator鈥檚 premises and high installation cost at the are likely to hinder the market growth over the forecast period.
Access Research Report of聽Passive Optical Network Market @聽 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 John Havlicek Jersey , component, application, and region: PON Structure Outlook (Transaction Revenue, USDBillion;2014 – 2025)
GPON EPON WDM-PON PON Component Outlook (Transaction Revenue Danny Ainge Jersey , 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 US. Canada Europe UK Germany Asia Pacific China India Japan Latin America Brazil Mexico Middle East and Africa (MEA) Access Press Release of Passive Optical Network Market@聽 About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company Bob Cousy Jersey , registered in the State of California and headquartered in San Francisco. The聽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 Dennis Johnson Jersey , from technology to chemicals, materials and healthcare.
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