Press release
Passive Optical LAN Market Analysis, Strategic Assessment, Trend Outlook and Bussiness Opportunities 2018-2022
Market Highlights:Passive Optical LAN or POL is a solution that helps private and public organizations by outstanding network performance. POL contributes various services to businesses, governments, hospitals, hotels, real estate developers, and universities by reducing their infrastructure cost and deploying single network. This helps to enhance business performance and improve mobile connectivity to all the users. Passive optical LAN solutions are more efficient comparing to traditional local area network. This technology uses optical splitters, instead of workgroup switches which helps to reduce high usage of energy and acts as cost efficient options. Also, with adoption of the optical splitter by the business sector, nonrenewable electrical equipment will be minimized and will help to reduce the power consumption and save environment.
Optical fiber is more reliable as a data transfer via fiber, which reduces the risk of disconnection and downtime as compared to services delivered by the cable network. Fiber optics are completely immune to many environmental factors that affect copper cable. The optical fiber is made of glass, an insulator reduces risk of electric current flow through it. Optical fibers are also risk free to electromagnetic interference and radio-frequency interference, crosstalk, impedance problems among others. Fiber is also less susceptible to temperature fluctuations than copper and can be submerged in water. These feature are attracting the end user for the adoption which in turn expected to surge the market in the forecast period.
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Major Key Players:
Huawei Technologies Co. Ltd. (China),
Ericsson Inc. (Sweden),
Alcatel Lucent SA (France),
TE Connectivity Ltd. (Switzerland),
ADTRAN, Inc. (U.S.),
ZTE Corporation (China),
Verizon Communications Inc. (U.S.),
3M Company (US),
Tellabs Inc. (US),
Zhone Technologies Inc. (US)
The global Passive Optical LAN market is expected to grow at CAGR of 19% and estimated to reach at market size of US $50 billion by the end of forecast period.
Regional Analysis:
Asia-pacific is leading the market for Passive optical LAN. The growing demand for the optical fiber in the emerging countries like China and India is boosting the market in this region. Increasing usage of electronic gadgets and significantly growth of the data traffic is also driving the growth of the market. Government is also contributing in the growth by investing in the optical LAN to improve the infrastructure in their respective region. North America is the second highest contributor in the growth of the POL market. Factors such as rising demand for energy conversation, increasing demand for the advanced secure network is expected to contribute in the growth of the market in this region. The growing demand for energy-efficient solutions and increasing investments in network solutions in the region is expected to drive the market moderately.
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Intended Audience:
• Optical LAN vendor
• Raw material and manufacturing equipment suppliers
• Distributors and retailers
• Communication network providers
• Government
• Mobile based financial service providers and distributors
• Research Institutes & Universities
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