The GPON Market 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%.
The market growth is propelled by 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 and deployment of the 5G network.
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Key Players:
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).
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.
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NG-PON2 technology expected to witness the fastest growth rate during the forecast period
NG-PON2 technology offers more bandwidth allocation than the current network technologies, higher split ratio, faster upstream and downstream data speed, and enhanced security. Additionally, NG-PON2 deployment for mobile backhaul and fronthaul applications in 4G and 5G network technologies is expected to provide an incremental opportunity for the GPON vendors. The telecom sector is relying on the optical fiber-based network technology for providing the 5G services, which require low latency, higher speeds, and NG-PON2 fits the billing.
Market in Rest of the World expected to grow at the highest CAGR during the forecast period.
The rest of the world comprises South America, the Middle East, and Africa, which are the potential markets for GPON. Increasing subscription base of FTTH users in the South American countries is driving the growth of the GPON market in this region. Saudi Arabia, UAE, and Turkey are some of the prominent countries witnessing increasing demand for GPON in the Middle East region. Growing investments by telecom companies in Africa’s optical network has resulted in the growth of the GPON market.
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