This report provides exclusive insights into the COVID-19 impact on the Passive Optical Network Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Passive Optical Network Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Passive Optical Network Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
passive optical network market provides in-depth analysis of segments and
sub-segments in the global as well as regional passive optical network market.
The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional passive optical network market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global passive optical network market.
According to the report, the global passive optical network market is projected
to grow at a CAGR of 20.15% over the forecast period of 2019-2025.
A passive optical network is a faster light based multipoint
telecommunication network system that brings optical fiber cabling as well as
signals to the end user. PON comprises one optical line termination (OLT) at
the carrier’s premises and numerous optical network units (ONU) near the end
users. PON is eco-friendly and provides better bandwidth compared to
copper-based networks. In a passive optical network, a single fiber can support
16-128 end users. One fiber can handle both the upstream and downstream data
traffic. PON with higher bandwidth helps telecom companies to provide faster
data, voice, video and some other services. PON is enabling telecom operators
to provide fiber to the home, building, cabinet, premises, and fiber to the
neighborhood, unlike fiber to the business alone in the past. BPON, EPON, GPON,
and WDM-PON are major passive optical network structures.
Fiber to the home (FTTH) application is gaining more demand
from telecommunication operators and it is expected to drive the growth of the
PON market. Increasing data traffic is necessitating upgradation in
infrastructure for enabling higher capacities and it is driving the growth of
the market. The growing demand for conservation of energy and the presence of robust optical network setup is anticipated to enhance the growth of the global
PON market. Growing investments in research & development and in
infrastructure by both private and public entities to improve the broadband
connectivity and efficiency drive the growth of the global passive optical
network market. The technological upgradation of network infrastructure by
major telecom companies is anticipated to drive the growth of the global PON
network market. Increasing demand for GPON equipment and EPON equipment to meet
bandwidth requirements and data-intensive services are anticipated to drive the
growth of the global PON market during the forecast period. Moreover, higher
installation and operation costs, due to the higher component costs, hinders
the growth of the passive optical network market. Besides, the growing demand
for higher broadband bandwidth applications and are anticipated to present
growth opportunities for the passive optical network market in upcoming years.
As per the geographies, North America dominates the passive
optical network market. Increasing investments from government, increasing the
establishment of strong optical networks, and growing demand for passive
optical network equipment drive the growth of the passive optical network
market in the North America region. Further, Asia-Pacific is the fastest
growing region for the PON market. Growing investments in R&D activities,
growing data usage in the region and growing demand for greater bandwidth in
major economies such as China, India, and Japan are the major factors driving
the growth of the Asia-Pacific region for PON market.
The report on global passive optical network market covers
segments such as structure, and component. On the basis of structure, the
sub-markets include ATM based passive optical network (APON), broadband passive
optical network (BPON), ethernet passive optical network (EPON), gigabyte
passive optical network (GPON), and wavelength division multiplexing passive
optical network (WDMPON). On the basis of component, the sub-markets include
optical line terminal (OLT), and optical network terminal (ONT).
The report provides profiles of the companies in the market
such as ADTRAN, Inc., Alcatel-Lucent S.A., Calix, Freescale Semiconductor,
Inc., Ericsson Inc., Hitachi, Ltd., Huawei Technologies Co. Ltd, Mitsubishi
Electric Corporation, Motorola Solutions, Inc., Verizon Communications Inc.,
and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of passive optical
network market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.