The overall GPON technology market was valued at USD 6.71 Billion in 2016 and is expected to reach USD 11.07 Billion by 2023, at a CAGR of 7.45% during the forecast period. This report provides the market size and describes the growth potential of the market across different segments such as component, technology, application, vertical, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. It also profiles the key players operating in the GPON technology market. Factors such as the high demand for GPON for triple-play services, increasing demand for high-speed broadband services, advancements in GPON technology, and demand for scalability in mobile backhaul networks are expected to propel the growth of the overall market. The base year considered for the study is 2016, and the market size forecast is provided for the period between 2017 and 2023.

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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.

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.

Asia Pacific held the largest share of the GPON technology market in 2016. The high government spending for expanding optical network distribution in the region and the increasing adoption of FTTx applications are some of the factors driving the growth of market in the region. Additionally, the deployment of 4G and 5G mobile network applications is further expected to boost the demand for the market in APAC. RoW is expected to be the fastest-growing market during the forecast period. Brazil, Uruguay, Chile, and Colombia are some of the major countries that are driving the growth of the market in South America. Saudi Arabia, South Africa, and Turkey are some of the prominent countries that are driving the growth of GPON technology market in the Middle East and Africa.

The major restraints for the companies in the market are the presence of substitute technologies such as G.fast and EPON as well as the high installation and operational costs. The major vendors in the GPON technology market 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). These players have adopted various strategies such as new product developments; mergers and acquisitions; partnerships, agreements, and collaborations to cater to the needs of customers.

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