Press release
Passive Optical LAN (POL) Market (Components - Optical Cables, Optical Couplers, Optical Power Splitters, Optical Encoders, Patch Cords and Pigtails, Optical Connectors, Optical Amplifiers) Outlook 2024
An increasing number of companies in the passive optical LAN market are also focusing on innovative and technological advancements and R&D efforts in passive optical networks (PON). Acquisitions are another way of expanding customer base and reducing competition.
Some of the other key companies in the POL market are Ericsson Inc., Adtran Inc, Freescale Semiconductor Inc., Motorola Solutions Inc., Mitsubishi Electric Corporation, and Verizon Communications Inc. Staying on the crest of the technology wave is becoming a success imperative, as can be seen with developments such as the rolling out of Huawei’s 4G ultra broadband networks. The company endeavors to gain an advantage in markets such as Rio de Janeiro (Brazil), Bangalore (India), and Stockholm (Sweden) with the move.
View exclusive Global strategic Business report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2945
Accelerating Bandwidth Requirements Driving Need for Passive Optical LAN
“The growing need for higher bandwidth is a major opportunity for players in the passive optical LAN market,” states the lead analyst. IT professionals have declared that the demand for higher bandwidth is presently large and is likely to grow in the near future owing to the increasing number of subscribers using a greater number of connected devices and data-dense services. “Africa and Asia are likely to witness a sudden surge in the demand for bandwidth, rising at a CAGR of more than 38%,” the analyst predicts.
Moreover, POL solutions are greener than conventional copper-based Ethernet local area networks. This is expected to further bolster the passive optical LAN market over the forecast period. TMR predicts that the impact of this factor will remain high over the coming years.
In contrast, various technical and operational issues such as data and signal losses, dispersion, and attenuation threaten to impede the global passive optical LAN market.
Unprecedented Growth in Store for Global POL Market
The opportunity in the global passive optical LAN market is projected to be worth US$103.4 bn by 2024, rising from US$14.1 bn in 2015. The market is expected to expand at an impressive CAGR of 22.9% during the forecast period of 2016 to 2024. By component, the wavelength division multiplexers/de-multiplexers segment accounted for 12.0% of the global passive optical LAN market revenue in 2015, emerging as the leading contributor.
This segment is expected to grow at a CAGR of 22.3% over the forecast period of 2016 to 2024. Optical amplifiers, on the other hand, are poised to register the highest CAGR of 24.0% during the same period.
On the basis of application, the passive optical LAN market is led by the synchronous optical network (SONET) and synchronous digital hierarchy (SDH) segments and they are likely to continue their dominance throughout the forecast period.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Passive Optical LAN (POL) Market (Components - Optical Cables, Optical Couplers, Optical Power Splitters, Optical Encoders, Patch Cords and Pigtails, Optical Connectors, Optical Amplifiers) Outlook 2024 here
News-ID: 407382 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for LAN
Passive Optical LAN (POL) Market - Accelerating Bandwidth Requirements Driving N …
The market for passive optical LAN (POL) is led by Huawei Technologies Co., Ltd., ZTE Corporation, and Alcatel-Lucent S.A. These three companies accounted for a combined share of over 75% in the overall POL market in 2015, indicating the high degree of consolidation. Transparency Market Research finds that most of these companies are focusing on business expansion to increase their consumer base and new product development and technological enhancement to…
Passive Optical LAN (POL) Market: Accelerating Bandwidth Requirements Driving Ne …
The market for passive optical LAN (POL) is poised for substantial growth in the coming years, registering a double-digit CAGR through the forecast period. Escalating bandwidth requirements, coupled with the energy efficient nature of passive optical components, is driving the POL market. The growth of networking technologies in the Asia Pacific and RoW markets, increasing fiber deployments, and rising investments in technological advancements and research infrastructure across both the regions…
LAN Systems CEO Named to TechAmerica Board
LAN Systems is pleased to announce that CEO Mary Hester has been named to the TechAmerica Advisory Board for the Georgia Council.
Norcross, GA, Tuesday - August 09, 2011 -- LAN Systems, a leading Atlanta Computer Support ( http://www.lansystems.com ) company, is pleased to announce that CEO Mary Hester has been named to the TechAmerica Advisory Board for the Georgia Council. The Technology Association of Georgia and TechAmerica work together to…
LAN Systems Promotes Terry Hart to COO
LAN Systems, a leading Atlanta Computer Support company, is pleased to announce the promotion of Terry Hart to Chief Operating Officer.
Norcross, GA, Monday - July 18, 2011 -- LAN Systems, a leading Atlanta Computer Support company ( http://www.lansystems.com ), is pleased to announce the promotion of Terry Hart to Chief Operating Officer. In her new role, Hart will be responsible for organizational processes and infrastructure. Additionally, she is responsible for…
LAN Systems Offers Microsoft Office 365
LAN Systems, a leading Atlanta IT Support company, announced that it will offer Microsoft Office 365 as the next generation in cloud productivity tools for business.
Norcross, GA, February 02, 2011 -- LAN Systems, a leading Atlanta IT Support ( http://www.lansystems.com ) company, announced that it will offer Microsoft Office 365 as the next generation in cloud productivity tools for business.
Combining Microsoft Office, SharePoint Online, Exchange Online and Lync Online in…
Wireless LAN Source Flying High at Farnborough
Networking specialist builds UK’s largest non-permanent network for 1500 exhibitors at Farnborough International Air Show
09 July, 2008 – The UK’s largest non-permanent network will be unveiled at this years Farnborough International Air Show by Wireless LAN Source (WLS). Normally known for aerospace exclusives, over 1500 exhibitors will use state of the art wireless and hard-wired IP telephony and Internet access across what is thought to be the largest non…
