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.
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