by The global gigabit passive optical network (GPON) equipment market is experiencing substantial growth, driven by the relentless pursuit of technical excellence and the escalating need for top-tier fiber in the network architectures of service providers. This surge is particularly pronounced in developing nations where internet penetration is on the rise, coupled with a global increase in IP traffic. GPONs remarkable technological advantages over legacy networks have positioned it as the preferred fiber access solution. Furthermore, the emergence of high-speed services and streaming video has fueled demand for more bandwidth, bolstering Fiber to the Premises (FTTP) applications. The increasing number of connected devices is also expected to boost the demand for higher bandwidth.
Mergers and Acquisitions Propel Market Expansion
Major market players are actively engaging in mergers and acquisitions to expand their market presence and offer cutting-edge solutions. For instance, in November 2020, Nokia, a Finland-based telecommunications firm, introduced 5G GPON technology, marking the next phase in GPON evolution. This technology enables the convergence of high-end services over a single fiber infrastructure. Similarly, in March 2019, Huawei Technologies Co. Ltd. unveiled a 50G GPON prototype at Mobile World Congress 2019.
Optical Network Terminals (ONT) Take the Lead
Optical network terminals (ONTs), also known as optical network units (ONUs), are poised to dominate the GPON market in the forecast period. ONTs play a crucial role by transforming optical fiber signals into electrical signals, facilitating seamless connectivity for both business and residential consumers. The growing number of users relying on phone, video, and data services that require ONT hardware components is driving demand in the global GPON equipment market.
Asia Pacific Emerges as a Dominant Player
Asia Pacific is expected to maintain its dominance in the GPON equipment market. The regions growth is attributed to the surging demand for GPON networks offering triple and quad-play services, a thirst for high-speed internet services, innovation in GPON technology, and the trial and implementation of 5G networks. Mature GPON sectors, government infrastructure investments, and the widespread deployment of next-generation GPON networks contribute to the regions market expansion. The emergence of FTTH projects, particularly in China, further supports market growth.
North America Shows Significant Growth Potential
North America is poised for substantial growth in the GPON equipment market, driven by the increasing adoption of FTTH services and significant investments from both the public and commercial sectors. GPON vendors are making substantial investments to expand fiber-optic networks in the region, leading to accelerated market growth.
Global GPON Equipment Market: Competitive Landscape
In August 2021, CommScope, a U.S.-based infrastructure supplier, introduced the Coexistence portfolio, enabling customers to enhance data speeds and offer additional services without the need to replace or add fiber to their existing PON infrastructure. In May 2021, India-based internet service provider AirFiber Networks announced plans to provide data services using Gigabit Passive Optical Networking (GPON), utilizing Nokias GPON system to offer high-speed internet services in Bangalore and underserved areas across Tamil Nadu.
Leading players in the GPON equipment market include Huawei (China), Nokia (Finland), ZTE (China), FiberHome (China), DASAN Zhone (US), Calix (US), ADTRAN (US), and others.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/gpon-equipment-market
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This press release first seen on Brilad
COMTEX_441953086/2840/2023-10-16T01:45:54
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.