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Passive Optical Network Equipment Market Highly Reliable for Consistency, & help Optimize the Bandwidth Connectivity

02-21-2017 04:21 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Passive Optical Network Equipment Market Highly Reliable

The global demand for PON equipment is expected to rise quickly due to the superiority of optics in networking. PONs are easily scalable, provide advanced security, are highly reliable for consistency, and help optimize the bandwidth connectivity.

Additionally, PON equipment are easy to install and maintain in comparison to conventional networks and also do not emit electromagnetic radiation due to their dielectric nature.

Environmental conservationists are also positive about PON implementation due to their eco-friendly nature, in comparison to conventional copper-based cable networks. PON and its passive local area network also helps eliminate the need for workgroup switches.

Factors such as these are responsible for the extremely optimistic 20.7% CAGR displayed by PON equipment revenue from 2015 to 2023. This market is expected to be valued at US$163.50 bn by the end of 2023.

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High PON Equipment Demand in Asia Pacific Draws Global Players to the Region
Asia Pacific is currently showing a very high demand for PON structures and equipment. Most of this demand increase is attributed to the rapid network implementations of China and India.

China has played a key role in the growth of PON equipment players in the recent past and is expected to continue doing so for the coming years. A factor that allows China to show a higher PON demand than most other countries is the sheer volume of data being transferred across networks.

The amount as well as rate of data traffic in the country is causing many users to switch from wireless networks to wired modes, thus increasing the consumption of PON equipment.

India has proposed to build what the country will call the National Optical Fiber Network. The NOFN is a part of a plan to enhance the connectivity between different villages across India. The resultant dark fiber network is expected to significantly improve the nation’s connectivity.

About TMR

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.

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