Global Passive Optical Network (PON) Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Stratistics MRC's Global Passive Optical Network (PON) Market value is expected to reach $30.67 billion growing at a CAGR of 16.5% during 2022-2028.

A Passive Optical Network (PON) is a system commonly used by telecommunications network providers that brings fiber optic Cabling and signals all or most of the way to the end user. Depending on where the PON terminates, the system can be described as fiber to the curb, fiber to the building or fiber to the home. A PON system consists of an optical line terminal (OLT) at the communication company's central office and several optical network units (ONUs) near end users. Typically, up to 32 ONUs can be connected to a single OLT. The word passive simply describes the fact that optical transmission has no power requirements or active electronic parts once the signal is being transmitted across the network. This is in contrast to active optical networks, which require electrically powered switching hardware to pass cells or frames across the fiber cabling.
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Over the course of the forecast period, it is anticipated that demand for passive optical network devices in North America would increase gradually. This is due to the market's dominance of equipment like OLT, which increases internet speed both upstream and downstream. In addition, market research shows that end customers contribute significantly to PON device R&D. The development of optical network infrastructure is also supported by rising government spending and investment. The need for PON equipment has increased as a result of the U.S. deployment of Fibre to the Home (FTTH) technology.
Some of the key players in Passive Optical Network (PON) market include ADTRAN, Inc., AirFiber Networks, Calix, Inc., CommScope, Huawei Technologies Co., Ltd., Mitsubishi, Electric Corporation, Motorola Solutions, Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Tellabs, Inc., Verizon Communications, Inc., ZTE Corporation and Vecima Networks Inc.
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