Wednesday, 3 June 2020

GPON Market | Which end-users are expected to drive the growth of the market in the next 5 years?



The report "GPON Market by Component (OLT, and ONT), Technology (2.5G PON, XG-PON, XGS-PON, and NG-PON2), Application (FTTH, Mobile Backhaul), Vertical (Transportation, Telecom, Healthcare, Energy & Utilities, MTU), Region - Global Forecast To 2025" size is estimated to grow from USD 6.3 billion in 2020 to USD 8.3 billion by 2025, at a CAGR of 5.8%. Major factors fueling the market growth include the high demand for GPON network for triple and quad-play services, increasing demand for high-speed broadband services, advancement in GPON technology, and trial & deployment of the 5G network.

The residential vertical led the GPON market in 2019 and it expected to grow at a CAGR of 3.6% from 2020 to 2025. This growth is primarily due to the private investments and the involvement of government and local authorities in many fiber optic projects. The growing deployment of FTTH networks is another factor driving the GPON market growth for the residential vertical. The market for the transportation vertical will primarily grow due to the growing production of connected cars and rising use of the internet to increase productivity in the logistics industry.

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“Optical network terminal (ONT) to lead the GPON market during the forecast period.”
Optical network terminal (ONT), also known as optical network units (ONU), is another important networking hardware installed at the user premise, which is used for the transmission of traffic through the GPON network. Its primary function is to convert optical signals transmitted via optical fiber to electrical signals, which are forwarded to business and residential users.
The GPON market is expected to be led by the ONT component in terms of volume and value during the forecast period. This, coupled with an increasing number of users availing voice, video & data services that need to be connected through the ONT hardware component, will lead to a growth of the GPON sector.
“The GPON market for the mobile backhaul application expected to grow at the highest CAGR during the forecast period.”
Among the optical fiber technologies available for mobile backhaul, GPON networks are increasingly being deployed because of its capability to allow telecom operators to increase their bandwidth capacity and maintaining the quality of service and high reliability while lowering the operational cost. Additional benefits offered by the GPON network for mobile backhaul application includes the efficient topology, minimal hardware requirement, scalability, redundancy, and synergy using the existing fixed-line access. The increasing adoption of GPON networks for mobile backhauling makes the economies of GPON more attractive to network operators.

The major companies involved in the development and supply of GPON include Huawei (China), Nokia (Finland), ZTE (China), Fiberhome (China), Calix (US), ADTRAN (US), DASAN Zhone (US), Cisco (US), NEC (Japan), Allied Telesis (Japan), Iskratel (Slovenia), Unizyx (Taiwan), and Alphion (US).

Get in-depth analysis of the COVID-19 impact on the GPON Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the GPON Market

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