A recent report published by Infinium Global Research on passive optical LAN market provides in-depth analysis of segments and sub-segments in the global as well as regional passive optical LAN market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional passive optical LAN 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 LAN market. According to the report, the global passive optical LAN market is projected to grow at a CAGR of 23.15% over the forecast period of 2019-2025.
Passive Optical LAN is a multipoint architecture of the local area network, which allows transportation of data, voice and video services at gigabit speeds through one optical fiber to multiple end users. POL is based on passive optical network technology. Passive optical LAN has better reach and scale than conventional copper LAN. Passive optical LAN provides the capability of carrying unlimited bandwidth, better immunity against radiations and better network security. Passive Optical LAN is available for residential and enterprise customers. POL architecture comprises of switch for enterprise access, passive optical splitters and workgroup terminals containing Ethernet ports connected by optical fibers.
Increasing demand for bandwidth is a major factor that drives the growth of the passive optical LAN market. The factors such as flexibility, scalability, better security features and ability to handle the huge number of devices in enterprises with greater bandwidth drive the demand for POL from the corporate sector. Passive optical LAN is eco-friendly as it uses optical splitters and limits the use of non-renewable equipment this is another factor boosting the demand for the passive optical LAN worldwide to replace copper-based networks. POL networks maintain HVAC standards to reduce power consumption and it is a major driver for the global POL market. Ease of upgradation of POL networks, as it requires only replacement of electronic equipment while maintaining the existing fiber cables, enhances the demand for POL. Growing usage in networks with ultra-high capacities, the demand for variable optical amplifiers is anticipated to grow significantly during the forecast period. On the contrary, slowing down the data transmission during peak time due to latency factors is restraints for the POL market. Moreover. rolling of wider 4g & next-generation services and applications by telecommunications is anticipated to provide growth opportunities during the forecast period.
As per the geographies, Asia Pacific dominates the passive optical LAN market, followed by North America and Europe. The increasing demand for bandwidth relative to the growing data traffic as well as the increasing demand for passive optical networks drive the growth of Asia Pacific. Availability of advanced technologies, growing demand for advanced security features in the corporate sector and growing demand for energy efficient simplified networks drives the growth of the North American POL market.
The report on global passive optical LAN market covers segments such as component, and end user. On the basis of component, the sub-markets include optical amplifiers, optical cables, optical circulators, optical connectors, optical filters, and other components. On the basis of end user, the sub-markets include residential, and enterprises.
The report provides profiles of the companies in the market such as ADTRAN, Inc., Alcatel-Lucent S.A., Cisco Systems, Inc., CommScope Inc., Ericsson, Huawei Technologies Co. Ltd., International Business Machines Corporation, TE Connectivity, Tellabs, 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 LAN 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.
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