Press release
GPON Market Size in North America is Projected to Hold Largest market Share of Over 20% by 2024
GPON Market
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.
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The major players operating in the GPON Market -
1. ADTRAN
2. AT&T
3. Broadcom Inc.
4. Calix
5. Cisco
6. Ericsson
7. FiberHome
8. Hitachi
9. Huawei Technologies
10. NEC Corporation
11. Nokia
12. NXP Semiconductors
13. Tellabs
14. Verizon
15. ZTE Corporation
Major Key Points from Table of Content:
Chapter 4. Competitive Landscape, 2017
4.1. Introduction
4.2. Competitive analysis of key market players
4.2.1. AT&T
4.2.2. Calix
4.2.3. Huawei
4.2.4. Nokia
4.2.5. Verizon
4.3. Competitive analysis of other prominent vendors
4.3.1. ADTRAN
4.3.2. Broadcom
4.3.3. FiberHome
4.3.4. NEC
4.3.5. ZTE
Chapter 5. GPON Market, By Component
5.1. Key trends, by component
5.2. Product
5.2.1. Product market estimates and forecast, 2013-2024
5.2.2. OLT
5.2.2.1. OLT market estimates and forecast, 2013-2024
5.2.3. ONT
5.2.3.1. ONT market estimates and forecast, 2013-2024
5.2.4. Others
5.2.4.1. Others market estimates and forecast, 2013-2024
5.3. Service
5.3.1. Service market estimates and forecast, 2013-2024
5.3.2. Professional service
5.3.2.1. Professional service market estimates and forecast, 2013-2024
5.3.3. Managed service
5.3.3.1. Managed service market estimates and forecast, 2013-2024
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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.
The XGS-PON segment in the GPON market is estimated to grow at a CAGR of around 12% over the forecast timeline. The market growth is attributed to the factor that XGS-PON can co-exist with GPON and NG-PON2, allowing operators to deploy the next-generation GPON networks at low costs. This allows them to extend their service offerings while delivering high-bandwidth services to their customers to support connectivity requirements.
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.
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Due to the rise in the network traffic, the companies in the GPON market have to focus on improving their network architecture to support the requirements of the future ready networks. They offer next-generation PON solutions to help carriers deploy Gigabit networks to provide support to residential and business customers. For instance, in February 2016, Huawei introduced its NG-PON solutions to enable carriers to deploy 10G or 40G-PON solutions. These solutions help in driving the development of new services such as 4K/8K video and IoT.
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