Market Research Report
GPON - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||946966|
|Published||Content info||144 Pages
Delivery time: 2-3 business days
|GPON - Global Market Outlook (2019-2027)|
|Published: July 1, 2020||Content info: 144 Pages||
According to Stratistics MRC, the Global GPON Market is accounted for $5.23 billion in 2019 and is expected to reach $9.68 billion by 2027 growing at a CAGR of 8.0% during the forecast period. Growing demand for triple and quad-play services, rapid advancements in GPON technology and demand for high-speed broadband services are the major factors propelling the market growth. However, the availability of substitute technologies and high installation and operational costs, along with the requirement for continuous power supply are hampering the market growth.
GPON stands for Gigabit Passive Optical Networks. GPON is a point-to-multipoint access mechanism. Its main feature is the use of passive splitters in the fibre distribution network, enabling one single feeding fibre from the provider's central office to serve multiple homes and small businesses. Gigabyte Passive Optical Network, known as GPON, relies on fiber optic cables to deliver video, data and voice signals. GPON networks are presently the leading form of Passive Optical Networks (PONs), and offer up to a 1:64 ratio on a single optical fiber, meaning, a single fiber from the OLT can deliver video, data and voice signals to up to 64 end users (or residences).
Based on the component, the optical network terminal (ONT) segment is going to have a lucrative growth during the forecast period owing to the increasing number of users availing voice, video, and data services that need to be connected through the ONT hardware component. The GPON market is accepted to be led by ONT components in terms of volume and value during the estimated period. Its primary function is to convert optical signals transmitted via optical fibre to electrical signals, which are forwarded to business and residential users.
By geography, North America is going to have a lucrative growth during the forecast period due to the factors such as the huge deployment of the FTTH networks to deliver high-speed internet services including video conferencing and VoD. The region also has a huge concentration of major networks and service providers that are investing heavily in the installation of next-generation GPON architectures. Major investments from the government and private sectors for the early commercialization of 5G networks are expected to generate additional demand for next-generation GPON technologies enabling advanced mobile backhaul networks.
Some of the key players profiled in the GPON Market include ADTRAN, Inc, Allied Telesis, Alphion Corporation, AT&T Inc, Broadcom Inc, Calix Corporation, Cisco, Inc, DASAN Zhone Solutions, Ericsson, FiberHome, Hitachi, Ltd, Huawei Technologies Co. Ltd, Iskratel, NEC Corporation, and Nokia Corporation.
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