Press release
GPON Market Is Booming Worldwide | ADTRAN, Allied Telesis, Alphion Corporation, AT&T, Broadcom Inc., Calix, Cisco, DASAN Zhone Solutions, Ericsson,FiberHome, Hitachi, Huawei Technologies, Nokia, NXP Semiconductors, Tellabs, Verizon, ZTE Corporation
The global GPON market has been growing exponentially over the last few years owing to heavy investments in the cable network infrastructure. Currently, among the all available network infrastructures, GPON is endowed with the longest life and highest speed. Its future-proof access and lowest cost infrastructure network have majorly propelled its deployment. As of now, numerous corporate companies, hospitality centers, and commercial establishments are adopting GPON technology on a large scale owing to its benefits such as reliability, compatibility, recyclability, and safety. The ongoing technology advancements in GPON infrastructure will further enhance the GPON market outlook over the years ahead.Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2954
Key Companies in GPON market: - ADTRAN, Allied Telesis, Alphion Corporation, AT&T, Broadcom Inc., Calix, Cisco, DASAN Zhone Solutions, Ericsson, FiberHome, Hitachi, Huawei Technologies, Iskratel, NEC Corporation, Nokia, NXP Semiconductors, Tellabs, Verizon, ZTE Corporation, Zyxel, Your Networking Ally
Some of the factors augmenting the GPON market growth are 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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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.
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.
In the Asia Pacific, the growing penetration of IT and telecommunication companies along with the increasing investments in the network infrastructure developments have been propelling GPON market. The growing adoption of next-generation technologies and initiatives taken by the governments of various countries to develop smart cities have also been impacting the product demand.
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In addition, numerous provincial governments have been signing long-term deals with telecommunication companies to deploy GPON technologies which would further strengthen APAC GPON market share. For instance, in the month of May 2018, the Telangana government signed a deal with mobile phone manufacturing company located in Hyderabad, Celkon Impex Limited to deploy GPON manufacturing facility for South Korean company DASAN Network Solutions. This Indo-Korean collaboration is expected to provide optic fiber connectivity to numerous households.
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