The global Gigabit passive optical network (GPON) equipment market is expected to grow at a moderate CAGR during the forecast period (2024-2031). With developments in optical fiber networks, the GPON business is seeing major disruption. Because a single fiber cable can service up to 32 users, passive optical fiber networks are less expensive than regular ethernet. Due to much shorter downtimes, fiber networks have also emerged as a credible choice for meeting market demand for low latency networks. This is expected to help GPON technology expand in popularity.
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The deployment of highly scalable telecommunication backhaul infrastructure using GPON technology is rapidly increasing in order to meet real-time customer needs and increase market revenues. The fast adoption of next-generation networks, such as LTE-A and 5G, has put pressure on telecom operators to deploy backhaul equipment that can adapt to changing capacity, latency, and coverage needs in a changing market. Due to the ongoing COVID-19 pandemic, remote access patterns and greater digital media consumption have resulted in a significant increase in internet traffic. Telecom companies are increasingly emphasizing the importance of delivering high-bandwidth, low-latency communications on a continuous basis, resulting in positive market growth for GPON systems.
The increasing popularity of FTTH for high-speed and reliable internet access is expected to drive the FTTH application category in the market to grow. The potential of FTTH systems to package many services, such as cable TV, gigabit-speed internet, telephony, CCTV, IPTV, smart home apps, and safety and security services, has increased the market demand. Due to the expanding use of low-cost multimedia devices, there is a growing demand for bandwidth-intensive services. In order to preserve revenue share and profitability, the market has seen various strategic agreements amongst significant companies for the development of new products with extra functionality. Bharti Airtel, a big Indian telecom operator, and Nokia, for instance, struck a $1 billion agreement in April 2020, to lay 5G infrastructure in India. Through 5G-based services, the alliance is intended to help Airtel compete with key industry rivals.
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Market Coverage
- Segment Covered-
o By Product
o By End-User
- Competitive Landscape- ADTRAN, Inc., Allied Telesis, Inc., Alphion Corporation, AT&T Inc., Broadcom, Inc., Calix Corp. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Gigabit passive optical network (GPON) equipment Market – Segmentation
By Product
- Optical Line Terminal (OLT)
- Optical Network Terminal (ONT)
By End-User
- Residential
- Business
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