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2023 Gigabit Passive Optical Network Global Market | Insights, Industry Outlook, Growing Trends, Segments And Top Key Players Include Huawei, Cisco, Calix, ADTRAN, Alcatel-lucent
Gigabit Passive Optical Network Global Market
Gigabit Passive Optical Network Market Size, Growth Rate, And Forecast
The global gigabit passive optical network market size grew from $12.61 billion in 2022 to $14.51 billion in 2023 at a compound annual growth rate (CAGR) of 15.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The gigabit passive optical network market size is expected to grow to $25.33 billion in 2027 at a CAGR of 15.0%.
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Gigabit Passive Optical Network Market Drivers
The increasing demand for high-speed broadband services is expected to propel the growth of the gigabit passive optical network (GPON) market going forward. Broadband refers to high-speed internet access that is always faster than traditional dial-up access. A Gigabit passive optical network helps to increase high bandwidth with a long reach and acts as a support connection to both LANs (local area networks) and wide area networks and can increase the broadband speed.
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Gigabit Passive Optical Network Market Segments
• By Type: Optical Line Terminal (OLT), Optical Network Terminal (ONT), Passive Optical Splitters
• By Component: Product, Service
• By Technology: 2.5 GPON, XG-PON, XGS-PON, NG-PON2
• By Application: Fiber to the Home(FTTH), Fiber to the Building (FTTB), Fiber to the Curb (FTTC), Fiber to the Node (FTTN), Mobile Backhaul
• By End-User: Residential, Business, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Gigabit Passive Optical Network market.
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Gigabit Passive Optical Network Market Key Players
Major competitors in the Gigabit Passive Optical Network market include Huawei, Cisco, Calix, ADTRAN, Alcatel-lucent, Himachal Futuristic Communications, MACOM, Infiniti Technologies, Fiber Optic Telecom
The Business Research Company's "Global Gigabit Passive Optical Network Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Gigabit Passive Optical Network Market Include:
1. Executive Summary
2. Gigabit Passive Optical Network Market Characteristics
3. Gigabit Passive Optical Network Market Trends And Strategies
4. Gigabit Passive Optical Network Market - Macro Economic Scenario
5. Gigabit Passive Optical Network Market Size And Growth
……….
27. Gigabit Passive Optical Network Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gigabit Passive Optical Network Market
29. Gigabit Passive Optical Network Market Future Outlook and Potential Analysis
30. Appendix
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