GPON Equipment Market: Global Product Intelligence, Industry Analysis, Size, Share, Growth, Trends and Forecast - 2024
The latest report has been added to the wide database of GPON Equipment Market by Infinium Global Research. This report studies the GPON Equipment Market by components (optical line, optical network termination, fiber optical splitter, transmitting media, optical cables), application (mobile backhaul, FTTX, FTTH, and others), end user (IT and telecom, hospitals, residentials) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. GPON Equipment Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the GPON Equipment Market. The global GPON equipment market is projected to grow at a CAGR of 28.2% over the forecast period of 2018-2024.For More Details Get FREE Sample Pages of this Premium Global Report@ https://www.infiniumglobalresearch.com/reports/sample-request/3283
GPON Equipment Market: Industry Insights
Gigabit Passive Optical Network (GPON) is the leading fiber access technology for delivering gigabit Internet services to residential and commercial subscribers. It offers higher efficiency and better bandwidth. An all-fiber technology, GPON is used to build Fiber to the Home (FTTH) networks that connect subscribers to the local ISP serving office. As more and more telecom operators prefer GPON-based fiber-to-the-home (FTTH) network which providing a cost-effective method to deliver streaming video content and online applications with seemingly limitless bandwidth.
GPON Equipment Market: Drivers and Restraints
The GPON equipment the market is driven by rapid growth in penetration of internet across the globe. Moreover, the surge in IP traffic globally and growing FTTH deployments are some major factors ample the growth of GPON market. Additionally, the growing need for higher bandwidth connectivity, the introduction of high-speed services coupled with the demand for better quality fiber in network architecture has bolstered the growth of the GPON equipment market. However, the high cost of deployment is expected to restrain the growth of GPON equipment market. Furthermore, large-scale investments in research and development infrastructure and Continuous development in technology is anticipated to offers significant growth opportunities for the GPON market.
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GPON Equipment Market: Segmentation
On the basis components, the global GPON equipment is bifurcated into optical line termination (OLT), optical network termination (ONT), fiber optical splitter, transmitting media, optical cables, and others. Based on application, the global market is segmented into mobile backhaul, FTTX, FTTH, and others.
The FTTH segment in GPON equipment is anticipated to hold maximum share throughout the forecast period. FTTH network delivers higher bandwidth connectivity. The factors such as the need for improved internet infrastructure and growth in industrialization escalate the growth of FTTH market. On the basis of the end user, the global market is divided into IT and telecom, hospitals, residential, and others.
GPON Equipment Market: Regional Analysis
Geographically, North America is expected to have substantial growth rate throughout the forecast period. High demand for video conferencing, voice over internet protocol coupled with continuous development in technology is a key factor promoting the growth of GPON equipment market. Additionally, the rapid growth rate of deployment of FTTP service in U.S. region has also contributed to the growth of the market. The Asia Pacific region dominated the global GPON equipment market owing to growth in penetration of internet. Moreover, rapid industrialization coupled with a growing investment in R&D infrastructures and demand for higher bandwidth are some factors beneficial for the growth of the market. In the Asia Pacific region, countries such as China, India, and Japan are contributing to the growth in GPON equipment market.
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GPON Equipment Market: Competitive Analysis
The key players in the global GPON equipment are Verizon Wireless, Broadcom Inc, Calix Inc, ECI TELECOM, Telefonaktiebolaget LM Ericsson, DASAN Networks, Inc., FiberHome Networks, Hitachi, Ltd., ADTRAN, Inc, and Zyxel Communications Corp. New product launch is the key parameter to gain a greater market share.
Tejas Networks Launched World's First Ultra-Converged Broadband Product
In February 2019, Tejas Networks has announced the launch of its innovative, ultra-converged broadband access product the family which delivers wireline as well as wireless broadband services from a single integrated platform. The TJ1400 ultra-converged broadband product family provides unmatched integration of multiple broadband access technologies: gigabit fiber broadband (GPON/NG-PON), fixed wireless broadband (4G/LTE eNodeB upgradable to 5G) and GE/10GE/100GE Business Ethernet services (CE2.0 certified) in highly compact, modular and energy-efficient platforms.
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