Passive Optical Network (PON) Equipment Market Forecast to 2024: How It Is Going To Impact on Industry to Grow In Near Future

According to the Transparency Market Research (TMR), the global passive optical network (PON) market has a highly competitive business landscape. Huawei Technologies Co. Ltd., Alcatel-Lucent S.A., ZTE Corporation, and Calix, Inc. have been leading this market and are expected to continue on the same path over the next few years. The rivalry among these players is expected to intensify in the near future with each of these getting involved in partnerships to expand their reach among consumers, states the research report.

As per the research study, the worldwide market for passive optical network is anticipated to rise at a CAGR of 20.70% over the period from 2015 to 2024 and reach a value of US$163.50 bn by the end of the period of the forecast. In terms of structure, the demand for gigabit passive optical networks is relatively greater and the trend is anticipated to remain so in the years to come, notes the market study.

Get sample copy of at:

Asia Pacific to Dominate Global PON Market

Geographically, the market registers its presence across Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America. Asia Pacific is leading the global market, thanks to the high popularity for PON structures and equipment. A large portion of this rise in demand is attributed to the fast system usage of China and India. China has acquired a key role in the development of PON equipment manufacturers of late and is projected to keep doing as such for the coming years. A factor that enables China to demonstrate a higher demand for PON than most different nations is the sheer volume of information being exchanged crosswise over systems. The sum and additionally rate of information activity in the nation is making numerous clients change from remote systems to wired modes, therefore expanding the utilization of PON equipment. Over the next few years, India has proposed to manufacture build up a National Optical Fiber Network, which will be an arrangement to improve the availability between various towns crosswise over India, reports the research study.

Lucrative Features of PON to Support Market’s Growth

“The superiority of optics in networking is the key factor behind the growth of the global PON market,” says a TMR analyst. Since, PONs are easily scalable, highly reliable for consistency, offer advanced security, and assist in optimizing the bandwidth connectivity, this demand is likely to increase manifolds ion the near future. In addition to this, PON equipment are easy to deploy as well as maintain in comparison to traditional networks and also do not emit electromagnetic radiation, thanks to their dielectric nature, which also are projected to support this market over the next few years, reports the research study.

The global passive optical network (PON) market is classified into:

By Components

  • Optical cables
  • Optical power splitters
  • Optical filters
  • Wavelength Division Multiplexer/De-Multiplexer

By Structure

  • Gigabit Passive Optical Network (GPON) Equipment
  • Ethernet Passive Optical Network (EPON) Equipment

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Have any query? Inquiry about report at:

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: [email protected]