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GPON market Growth Will be Accelerated by Emergence of 5G Networks Globally

Author : Ronak Bora | Published Date : 2019-04-10 

The emergence of 5G networks will also accelerate the GPON market growth as they can transmit the data significantly faster and they are designed to support modern IoT use cases. As these networks are expected to provide a better coverage and support high-bandwidth intensive applications, the demand for FTTH networks will grow to support the 5G infrastructure.

The XGS-PON segment in the GPON market is estimated to grow at a CAGR of around 12% over the forecast timeline. The market growth is attributed to the factor that XGS-PON can co-exist with GPON and NG-PON2, allowing operators to deploy the next-generation GPON networks at low costs. This allows them to extend their service offerings while delivering high-bandwidth services to their customers to support connectivity requirements.

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Some of the factors augmenting the GPON market growth are growing penetration of IoT platforms, huge adoption of the high-density optic fiber cable technology, and massive deployment of Passive optical LAN to support mission-critical networks in applications such as healthcare and defense. The increasing deployment of IoT devices connecting several sensors, devices, and people has resulted in a massive growth in the number of connections and network traffic.

The FTTH segment is projected to hold a major market share of over 40% in 2024. The GPON market growth is driven by an increasing number of FTTH installations in residences to provide high-speed internet access. As FTTH network solutions allow consumers to bundle their communication services such as video, audio, and data, the demand for these solutions is expected to grow consistently between 2018 and 2024.

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Professional services are estimated to dominate the GPON market due to the increasing deployment, and integration of the solutions among enterprises, cloud service, and telecom service providers. These services help in reducing the overall cost of operations of organizations and increase their revenue by eliminating the maintenance expense of physical IT infrastructure and hiring contract employees. These advantages will drive market growth over the forecast period.

North America is estimated to hold the largest market share of over 20% by 2024 due to the rise in the adoption of FTTH network solutions to provide high-speed internet services. Huge investments in the roll-out of 5G networks will also augment the demand for GPON technology in the region. GPON networks will provide the support for the 5G network infrastructure to address the latency constraints and capacity needs for future-ready networks.

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Some of the major players of the GPON market are Adtran, Alphion, AT&T, Broadcom, Calix, Cisco, DASAN Zhone, Ericsson, FiberHome, Hitachi, Huawei, Iskratel, NEC, Nokia, NXP, Semiconductors, Tellabs, Unizyx, Verizon, ZTE, and Zyxel.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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