GPON Market in NG-PON2 Segment Will Grow At A CAGR of 20% over 2018-2024 | Leading Players are ADTRAN, Allied Telesis, AT&T, Broadcom Inc., Calix, Cisco, Ericsson, FiberHome, Hitachi, Huawei Technologies, Iskratel, NEC Corporation, NXP Semiconductors, Tel

The GPON Market growth are augmented by growing penetration of IoT platforms, huge adoption of the high-density optic fiber cable technology, and massive deployment of Passive optical LAN to support mission-critical networks in applications such as healthcare and defense. The increasing deployment of IoT devices connecting several sensors, devices, and people has resulted in a massive growth in the number of connections and network traffic. Massive adoption of these platforms in various commercial applications has brought an additional level of complexity to the network architecture. Thus, the demand for fiber optic technologies such as XGS-PON and NG-PON2 will increase over the forecast timeline as these technologies will be widely implemented to support multiple connections with varying bandwidth needs.

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ONTs are projected to exhibit a growth rate of over 9% during the forecast timeline due to the rise in demand for high-speed broadband services. ONTs are indispensable components, which are used at the end users premise to connect to the PON network and interface on the other side. The high penetration of data-driven applications will lead to an increase in the demand for ONTs that possess great reliability to meet the network requirements.

The Major Key Players in the GPON Market are as follows:

1. ADTRAN
2. Allied Telesis
3. Alphion Corporation
4. AT&T
5. Broadcom Inc.
6. Calix
7. Cisco
8. DASAN Zhone Solutions
9. Ericsson
10. FiberHome
11. Hitachi
12. Huawei Technologies
13. Iskratel
14. NEC Corporation
15. Nokia
16. NXP Semiconductors
17. Tellabs
18. Verizon
19. ZTE Corporation
20. Zyxel, Your Networking Ally

The emergence of 5G networks will also accelerate the GPON market growth as they can transmit the data significantly faster and they are designed to support modern IoT use cases. As these networks are expected to provide a better coverage and support high-bandwidth intensive applications, the demand for FTTH networks will grow to support the 5G infrastructure.

The FTTH segment is projected to hold a major market share of over 40% in 2024. The market growth is driven by an increasing number of FTTH installations in residences to provide high-speed internet access. As FTTH network solutions allow consumers to bundle their communication services such as video, audio, and data, the demand for these solutions is expected to grow consistently between 2018 and 2024.

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Managed services are expected to grow at a CAGR of over 11% from 2018 to 2024 due to the growing need among enterprises to optimize network performance and improve operational efficiency. The managed service providers offer remote monitoring and support for the management of the fiber optic network, enhancing productivity and improving service availability. As GPON networks provide a wide range of benefits to residential and commercial customers, the demand for managed services will increase over the forecast timeline.

The residential end-use segment held a majority of the GPON market share with over 60% in 2017 due to the rising demand for triple play services among residential users. A triple play service allows the bundling of services under a single access subscription over a single broadband connection. XGS-PON is projected to emerge as a favorable alternative to offer bundled services involving high-speed and low latency to support voice services.

Notably, NG-PON2 would be the fastest growing segment in the GPON market with a CAGR of approximately 20% over 2018-2024. The emergence and progress of 5G will act as the most important driver for the NG-PON2 segment and this has been underlined by Altice, the international network operator that has announced that it will be expanding its NG-PON2 capabilities as it prepares for disaggregated radio access network architectures and potentially overwhelming data traffic volumes brought about by the advancement of 5G. The operator aims at supporting 5G services with full support for residential, commercial, fronthaul and backhaul service requirements and strategizing to save deployment costs while creating a positive business case for fiber as an enabler of 5G services.

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North America is estimated to hold the largest GPON Market share of over 20% by 2024 due to the rise in the adoption of FTTH network solutions to provide high-speed internet services. Huge investments in the roll-out of 5G networks will also augment the demand for GPON technology in the region. GPON networks will provide the support for the 5G network infrastructure to address the latency constraints and capacity needs for future-ready networks.

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