Press release
Passive Optical Network Market Size Analysis Growth Rate, Top Regions, Key Players and Forecast to 2031
The Passive Optical Network Market is expected to grow at a significant CAGR during the forecast period (2024-2031). The passive optical network (PON) is a telecommunications technology that uses a point-to-multipoint design to facilitate LAN network distribution. The system can be classified as fibre-to-the-home (FTTH), fibre-to-the-curb (FTTC), or fibre-to-the-building (FTTB) depending on PON. The global passive optical market is growing due to the rising need for scalability in mobile networks and advancements in gigabit passive optical network (GPON) SoC technologies. The increase in demand for FTTH is expected to drive market growth.Get Free Sample link @ https://www.omrglobal.com/request-sample/passive-optical-network-market
In recent years, the adoption of LTE networks and fixed broadband subscriptions has accelerated, and this trend is expected to continue during the forecast period. Due to reductions in latency on 5G NR and 4G LTE, enhanced mobile broadband (eMBB) delivers more data capacity. It steered most operators into new 5G use cases by allowing them to provide mobile broadband services to users directly. As a result of improved spectral efficiency and capacity, as well as increased smartphone data use in developed and emerging nations, it offers necessary facilities for digital services. To acquire greater market share, key players are using different strategies such as alliances and acquisitions, as well as product development. For instance, in May 2020, Nokia announced that it will collaborate with Openreach to construct and implement GPON and XGS-PON fibre access technologies to expand Openreach's fibre-rich network to 4.5 million locations in the UK.
Full report of Passive Optical Network Market available @ https://www.omrglobal.com/industry-reports/passive-optical-network-market
Market Coverage
Segment Covered-
o By Structure
o By Component
o By Application
Competitive Landscape: Mitsubishi Electric Corp., Tellabs Inc., Hitachi Ltd., Verizon Communications Inc., Freescale Semiconductor Inc.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Passive Optical Network Market by Segments
By Structure
GPON
EPON
WDM-PON
By Component
Wavelength Division Multiplexer/De-Multiplexer
Optical filters
Optical power splitters
By Application
FTTx
Mobile Backhaul
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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