Press release
Gigabit Passive Optical Network (GPON) Chipset Global Market Report 2024 - Share, Size, Trends, Industry Growth, Forecast To 2033
"The new report published by The Business Research Company, titled ""Gigabit Passive Optical Network (GPON) Chipset Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the gigabit passive optical network (GPON) chipset market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.68 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The gigabit passive optical network (GPON) chipset market size is expected to see strong growth in the next few years. It will grow to $3.48 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
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Increasing Demand For High-speed Internet Connectivity Growth In Gigabit Passive Optical Network (GPON) Chipset
The increasing demand for high-speed internet connectivity is expected to propel the growth of the gigabit passive optical network (GPON) chipset market going forward. High-speed internet connectivity refers to the ability to access the internet at significantly faster speeds than traditional dial-up connections. With the increasing demand for seamless and fast data transmission, there is a rising demand for high-speed internet. GPON chipsets enable high-speed internet connectivity by utilizing fiber-optic technology to transmit gigabit data rates, facilitating efficient and fast broadband communication. For instance, in November 2023, according to the Telefonaktiebolaget LM Ericsson Mobility Report, a Sweden-based networking and telecommunications company, in 2023, a projected 610 million new 5G subscriptions are expected, marking a 63% increase from 2022 and reaching a global total of 1.6 billion. Moreover, by the end of 2029, the number is anticipated to surpass 5.3 billion, showcasing sustained growth in 5G adoption. Therefore, increasing demand for high-speed internet connectivity drives the gigabit passive optical network (GPON) chipset market.
Unveiling Industry-First Network Solution To Enhanced Market Growth
Major companies operating in the gigabit passive optical network (GPON) chipset market are focused on developing advanced solutions such as next-generation PON technology, to strengthen their position in the market. It enhances broadband communication by significantly increasing data transfer rates and optimizing network efficiency. For instance, in May 2022, ZTE Corporation, a China-based telecommunications and information technology company, launched an Optical Network Unit (ONU). This industry-first prototype supports 50-gigabit-capable passive optical networking (50G PON) and Wi-Fi 7 technologies. This innovative ONU, the ZXHN F9746Q, features a MediaTek Filogic Wi-Fi 7 chipset, providing four spatial streams across the 2.4 GHz, 5 GHz, and 6 GHz bands. It supports a multitude of application scenarios, including ultra-broadband access for homes and innovative services such as 5G, Cloud VR, telemedicine, and smart manufacturing.
The gigabit passive optical network (GPON) chipset market covered in this report is segmented -
1) By Type: 2.5G-GPON Technology, 10G-GPON Technology, XGS-PON Technology, NG-PON2 Technology
2) By Equipment: Optical Line Termination (OLT), Optical Network Unit (ONU), Optical Distribution Network (ODN)
3) By Application: Fiber-To-The-Home (FTTH), Fiber-To-The-Building (FTTB), Fiber-To-The-Curb (FTTC), Other Applications
4) By End-Use Industry: Hospitals, Residential, Information Technology And Telecom, Government Institutions, Other End-Use Industries
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Major companies operating in the gigabit passive optical network (GPON) chipset market are Verizon Communications Inc., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Mitsubishi Electric Corporation, Broadcom Inc., Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, ZTE Corporation, NXP Semiconductors N.V., Motorola Solutions Inc., Marvell Technology Group Ltd., FiberHome Telecommunication Technologies Co. Ltd., Realtek Semiconductor Corp., Tellabs Inc., Zyxel Communications Corp., ADTRAN Inc., Calix Inc., Allied Telesis Inc., Ubiquoss Inc., XAVi Technologies Corporation
Contents of the report:
1. Executive Summary
2. Gigabit Passive Optical Network (GPON) Chipset Market Report Structure
3. Gigabit Passive Optical Network (GPON) Chipset Market Trends And Strategies
4. Gigabit Passive Optical Network (GPON) Chipset Market - Macro Economic Scenario
5. Gigabit Passive Optical Network (GPON) Chipset Market Size And Growth
…..
27. Gigabit Passive Optical Network (GPON) Chipset Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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