According to the new market research report "GPON Technology Market
by Component (OLT and ONT), Technology (2.5G PON, XG-PON, XGS-PON, and
NG-PON2), Application (FTTH, Mobile Backhaul), Vertical, and Region -
Global Forecast to 2023", the overall GPON technology market is
expected to be worth USD 11.07 Billion by 2023, growing at a CAGR of
7.45% between 2017 and 2023. The major factors driving the growth of the
GPON technology market include high demand for GPON network for
triple-play services, advancement in GPON technologies, rising adoption
of NG-PON2 for 5G mobile network mobile backhaul, and advancements in
the GPON technology. These factors are expected to propel the growth of
the GPON technology market during the forecast period.
Optical network terminal expected to hold the largest market share between 2017 and 2023
Optical network terminal (ONT), also known as optical
network unit (ONU), is an important networking hardware installed at
the user premise for the transmission of traffic through GPON. Its main
function is to convert optical signal transmitted via optical fiber to
electrical signals that are forwarded to business and residential users.
The GPON technology market is expected to be led by the ONT component
in terms of volume and value during the forecast period. Further, the
increasing number of users availing data, video, and voice services is
expected to propel the ONT component market growth further.
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GPON technology market for mobile backhaul application expected to grow at the highest CAGR during the forecast period
Among the optical fiber technologies available for
mobile backhaul, GPON is increasingly being deployed because of its
capability to allow telecom operators to increase their bandwidth
capacity, maintain the quality of service and reliability, and reduce
the operational cost. The additional benefits offered by GPON for the
mobile backhaul application include efficient topology, minimal hardware
requirement, scalability, redundancy, and synergy using the existing
fixed line access. The increasing adoption of GPON for mobile
backhauling makes the economies of GPON more attractive to network
operators. The additional benefits offered by GPON, including the
increasing penetration of 4G and 5G mobile services, are expected to
play a key role in increasing the demand for GPON for mobile backhaul
applications.
Market in Rest of the World expected to grow at the highest CAGR during the forecast period
Rest of the World comprises South America, the Middle
East, and Africa, which are the potential markets for GPON technology.
The increasing subscription base of FTTH users in South American
countries is driving the growth of the GPON technology market in this
region. Saudi Arabia, the UAE, and Turkey are some of the prominent
countries witnessing increasing demand for GPON technology in the Middle
East. The increasing investment of telecom companies in Africa’s
optical network has resulted in the growth of the GPON technology market
in this region.
The major companies involved in the development and
supply of GPON technology 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). EcoNet (Taiwan), Shenzhen Gigalight
(China), Shenzhen C-Data (China), GponDoctor (Spain), and NCIS Group
Australia) are the five key innovators considered in the GPON technology
market.
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