Gigabit Passive Optical Network (GPON) Equipment Market to see Huge Growth by 2029

Gigabit Passive Optical Network (GPON) Equipment Market is anticipated to grow at a significant CAGR during the forecast period. GPON stands for Gigabit passive optical network, is a point-to-multipoint internet access technology. These technologies are integrated to carry data services and analog POTS and designed with active transmission equipment including OLT (optical line termination) and ONU (optical network unit) for better operations and optimum performance. Triple-play services, high bandwidth, and long reach are some major features attributed to GPON equipment which, in turn, is expected to drive the market growth of the global market.

The growing demand for the higher-quality fiber in network architecture, rising applications of the internet globally that surges the prevalence of IP traffic, and increasing deployment of fiber-to-the-home (FTTH) services are some major factors that supplement the market growth during the forecast period. Additionally, the rising emergence of advanced technologies and substantially increasing demand for higher-bandwidth solutions for streaming videos and audios at higher speed is anticipated to create ample growth opportunities for the global GPON Technology market. Advanced security, economic cost, high ROI, and simplified network operations are some features attributed to GPON technology that will support the growth of the market during the forecast period.

Additionally, the global GPON Technology market includes various key vendors such as Nokia Corp., ZTE Corp., and Cisco Systems, Inc., among others that adopt enormous strategies including product expansion, technological advancement, product launches, and others to maintain sustenance in the market. For instance, as of 2019, Huawei Technologies Co., Ltd. announced a collaboration with TIME dotcom to launch a pilot 10G-PON. The acquisition integrated with this collaboration is to offer gigabit ultra-broadband for fixed access users.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered-

  • By Technology
  • By Component
  • By Application
  • Competitive Landscape- Nokia Corp., ZTE Corp., and Cisco Systems, Inc., among others

Gigabit Passive Optical Network (GPON) Equipment Market Report Segmentation

By Technology

  • 5G PON
  • XG-PON
  • XGS-PON
  • NG-PON2

 By Component

  • Optical Network Terminal
  • Optical Line Terminal

By Application

  • FTTH
  • Mobile Backhaul

A full report of GPON Technology Market is available at: https://www.omrglobal.com/industry-reports/gpon-technology-market

GPON Technology Market– Segment by Region

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

  • Nokia Corp.
  • ZTE Corp.
  • Cisco Systems, Inc.

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