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 2023 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.
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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 review is based on a report by Transparency Market
Research, titled “Passive Optical Network (PON) Equipment Market (Component
- Optical cables, Optical power splitters, Optical filters, and Wavelength
Division Multiplexer/De-Multiplexer; Structure - Gigabit Passive Optical
Network (GPON) Equipment and Ethernet Passive Optical Network (EPON) Equipment)
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 –
2023.”
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
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