GPON Market for Smart Cities: Building Sustainable and Connected Communities
The Gigabit Passive Optical Network (GPON) Market is anticipated to expand at a steady rate. With a Compound Annual Growth Rate (CAGR) of 5.8%, it is anticipated that the market would grow in size from USD 6.3 billion in 2020 to USD 8.3 billion by 2025. The fundamental reason for the GPON technology's widespread use in a variety of applications, including triple-play services, fiber-to-the-building (FTTB), and fiber-to-the-home (FTTH) services, is that it offers increased bandwidth in comparison to other legacy technologies. The rising demand for high-speed internet services and the expanding use of fiber-optic networks are predicted to fuel market expansion.
The market is expanding as a result of rising demand for triple- and quadruple-play services over the GPON network, rising demand for high-speed internet services, improvements in GPON technology, and the testing and rollout of the 5G network. The need for GPON networks is rising as a result of the desire for quicker and more dependable connectivity in homes, workplaces, and enterprises. Service providers favour GPON technology because it offers high bandwidth and dependability at a cheaper cost than conventional copper-based networks. The expansion of the 5G network is also anticipated to increase demand for GPON networks since it needs high-speed backhaul connectivity.
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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.
Due to its vital role in traffic transmission across the GPON network, the Optical Network Terminal (ONT) is anticipated to dominate the GPON market during the projection period. The ONT is a crucial piece of networking hardware that is located on the user's premises and transforms optical signals sent over optical fibre into electrical signals before sending them to consumers and commercial users. Due to the rising need for voice, video, and data services as well as the requirement for the ONT hardware component to connect them, the market for ONT is anticipated to expand. Due to the growing demand for triple- and quadruple-play services, rising demand for high-speed internet services, advancements in GPON technology, and testing and rolling out of the 5G network, the GPON market is anticipated to develop.
NG-PON2 technology expected to witness the fastest growth rate during the forecast period
The fastest growth rate in the GPON industry is anticipated to be experienced by NG-PON2 technology. Its capacity to provide greater bandwidth allotment, a higher split ratio, faster data speeds, and improved security are the reasons for this. Additionally, it is anticipated that the implementation of NG-PON2 for mobile fronthaul and backhaul applications in 4G and 5G network technologies will present GPON vendors with yet another opportunity. Due to its fast speeds and low latency, NG-PON2 is a perfect fit for the telecom industry, which relies on optical fiber-based network technology to provide 5G services.
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The GPON market for the mobile backhaul application expected to grow at the highest CAGR during the forecast period.
Due to the rising demand for high-speed mobile broadband services and the rollout of 5G technology, the GPON market for mobile backhaul application is anticipated to experience considerable growth during the forecast period. Because of the GPON network's capabilities to deliver high bandwidth and preserve service quality while lowering operational costs, telecom operators are embracing it in large numbers. The scalability, effective topology, and low hardware requirements that come with GPON technology make it appealing to network operators. The implementation of GPON networks for mobile backhaul is anticipated to improve user experience and overall network performance.
Market in Rest of the World expected to grow at the highest CAGR during the forecast period.
The GPON market is anticipated to grow at the greatest CAGR in the Rest of the World area, which includes South America, the Middle East, and Africa. The growth of the GPON market in South America is being driven by the region's rising FTTH subscriber base. The demand for GPON is rising in Middle Eastern nations like Saudi Arabia, the UAE, and Turkey. The GPON market has expanded as a result of increased investments made by telecom firms in Africa's optical network. Throughout the forecast period, these factors are anticipated to support the expansion of the GPON market in the Rest of the World.
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