Gigabit Passive Optical Network Market Growth Opportunities, Demand, Size, Share And Forecast To 2033


Posted April 22, 2024 by SushmithaTBRC

The gigabit passive optical network market size is expected to see rapid growth in the next few years. It will grow to $28.39 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%.

 
Overview and Scope
A gigabit passive optical network refers to a telecommunications network that helps the providers bring fiber optic cabling and signals to the user. This helps to increase the bandwidth over a long range. It is used to deliver voice, data, and video services at gigabit speeds. The gigabit passive optical network is used for consolidating multiple services onto a single fiber transport network.

Sizing and Forecast
The gigabit passive optical network market size has grown rapidly in recent years. It will grow from $14.05 billion in 2024 to $15.97 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to competition and market demand, government initiatives and investments, triple play services, cost efficiency and scalability..

The gigabit passive optical network market size is expected to see rapid growth in the next few years. It will grow to $28.39 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to increasing demand for high-speed internet, rising bandwidth requirements, fiber-to-the-home (ftth) deployments, smart cities and iot infrastructure, environmental concerns and energy efficiency.. Major trends in the forecast period include data traffic management and optimization, technological advancements in gpon, network security enhancement, fiber expansion and ftth deployments, 5g network backhaul integration..

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Segmentation & Regional Insights
The gigabit passive optical network market covered in this report is segmented –
1) By Type: Optical Line Terminal (OLT), Optical Network Terminal (ONT), Passive Optical Splitters
2) By Component: Product, Service
3) By Technology: 2.5 GPON, XG-PON, XGS-PON, NG-PON2
4) By Application: Fiber to the Home(FTTH), Fiber to the Building (FTTB), Fiber to the Curb (FTTC), Fiber to the Node (FTTN), Mobile Backhaul
5) By End-User: Residential, Business, Other End Users

Asia-Pacific was the largest market in the gigabit passive optical network market in 2024. North America was the second largest region of the gigabit passive optical network market. The regions covered in the gigabit passive optical network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing demand for high-speed broadband services is expected to propel the growth of the gigabit passive optical network (GPON) market going forward. Broadband refers to high-speed internet access that is always faster than traditional dial-up access. A Gigabit passive optical network helps to increase high bandwidth with a long reach and acts as a support connection to both LANs (local area networks) and wide area networks and can increase the broadband speed. For instance, according to the Organization for Economic Co-operation and Development, a Paris-based international organization, high-speed broadband subscriptions grew by 15% across all the 38 OECD (Organization for Economic Co-operation) countries from June 2020 to June 2021. It also states that high-speed broadband makes up 32% of fixed broadband subscriptions across 38 countries. Therefore, increasing demand for high-speed broadband services is driving the gigabit passive optical networks market growth.

Key Industry Players
Major companies operating in the gigabit passive optical network market report are Huawei Technologies Co. Ltd., Cisco Systems Inc., Calix Inc., ADTRAN Inc., Alcatel-Lucent S. A., Himachal Futuristic Communications Limited, MACOM Technology Solutions Holdings Inc., Infiniti Technologies GmbH, Fiber Optic Telecom Co., Hitachi Ltd., FiberHome Telecommunication Technologies Co. Ltd., DASAN Zhone Solutions Inc., Allied Telesis Holdings K. K., Freescale Semiconductor Inc., ECI Telecom Ltd., ZTE Corporation, Nokia Corporation, Sumitomo Electric Industries Ltd., Telefonaktiebolaget LM Ericsson, NEC Corporation, Mitsubishi Electric Corporation, Broadcom Inc., Fujitsu Limited, Corning Incorporated, Finisar Corporation, Ciena Corporation, ADVA Optical Networking SE, Motorola Solutions Inc., Tellabs Inc., Oplink Communications LLC, JDS Uniphase Corporation, Source Photonics Inc., Acacia Communications Inc

The gigabit passive optical network market report table of contents includes:
1. Executive Summary
2. Gigabit Passive Optical Network Market Characteristics
3. Gigabit Passive Optical Network Market Trends And Strategies
4. Gigabit Passive Optical Network Market - Macro Economic Scenario
5. Global Gigabit Passive Optical Network Market Size and Growth

....

31. Global Gigabit Passive Optical Network Market Competitive Benchmarking
32. Global Gigabit Passive Optical Network Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Gigabit Passive Optical Network Market
34. Gigabit Passive Optical Network Market Future Outlook and Potential Analysis
35. Appendix

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Last Updated April 22, 2024