Press release
Gigabit Passive Optical Network (GPON) Equipment Market Analysis, Size, Current Scenario and Future Prospects
Gigabit passive optical network (GPON) equipment market is expected to grow at a moderate CAGR during the forecast period. With developments in optical fiber networks, the GPON business is seeing major disruption. Because a single fiber cable can service up to 32 users, passive optical fiber networks are less expensive than regular ethernet. Due to much shorter downtimes, fiber networks have also emerged as a credible choice for meeting market demand for low latency networks. This is expected to help GPON technology expand in popularity.The deployment of highly scalable telecommunication backhaul infrastructure using GPON technology is rapidly increasing in order to meet real-time customer needs and increase market revenues. The fast adoption of next-generation networks, such as LTE-A and 5G, has put pressure on telecom operators to deploy backhaul equipment that can adapt to changing capacity, latency, and coverage needs in a changing market. Due to the ongoing COVID-19 pandemic, remote access patterns and greater digital media consumption have resulted in a significant increase in internet traffic. Telecom companies are increasingly emphasizing the importance of delivering high-bandwidth, low-latency communications on a continuous basis, resulting in positive market growth for GPON systems.
The increasing popularity of FTTH for high-speed and reliable internet access is expected to drive the FTTH application category in the market to grow. The potential of FTTH systems to package many services, such as cable TV, gigabit-speed internet, telephony, CCTV, IPTV, smart home apps, and safety and security services, has increased the market demand. Due to the expanding use of low-cost multimedia devices, there is a growing demand for bandwidth-intensive services. In order to preserve revenue share and profitability, the market has seen various strategic agreements amongst significant companies for the development of new products with extra functionality. Bharti Airtel, a big Indian telecom operator, and Nokia, for instance, struck a $1 billion agreement in April 2020, to lay 5G infrastructure in India. Through 5G-based services, the alliance is intended to help Airtel compete with key industry rivals.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Product
By End-User
Competitive Landscape- ADTRAN, Inc., Allied Telesis, Inc., Alphion Corporation, AT&T Inc., Broadcom, Inc., Calix Corp. among others.
Gigabit passive optical network (GPON) equipment Market - Segmentation
By Product
Optical Line Terminal (OLT)
Optical Network Terminal (ONT)
By End-User
Residential
Business
A full Report of Global Gigabit Passive Optical Network (GPON) Equipment Market is Available at: https://www.omrglobal.com/industry-reports/gigabit-passive-optical-network-gpon-equipment-market
Gigabit passive optical network (GPON) equipment Market - Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
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