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Passive Optical Network Equipment Market in GOPN Structure Segment is Expected to Witness Substantial Growth by 2024

Author : Ronak Bora | Published Date : 2019-04-03 

Global Market Insights, Inc. has launched a report on passive optical network equipment market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

By structure, the global passive optical network equipment market is segmented into GPON and EPON. The former segment is expected to expand at a higher CAGR till 2024 due to the key telecom players transitioning to GPON based FTTH rollouts from FTTB. The industry can be diversified based on the components into optical cables, power splitters, filters and wavelength division multiplexers & demultiplexers.

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Gigabit passive optical network (GPON) has provided effective solutions to the increasing bandwidth demand of increasing telecom and internet services. The GPON architecture comprises a single optical fiber to serve multiple end point users with the use of passive optical splitters without the loss of information. Owing to its intensive bandwidth applications for internet and digital transmission, GPON is projected to witness substantial growth in the forecast timeline.

The increased transmission capability of the telecommunication network in the form of optical signals is a major driving force for adoption of passive optical network equipment market. The broader bandwidth and increased transmission speeds coupled with secure and reliable network operation between the end points will present significant growth opportunities.

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Frequency division multiplexing has resulted in effective network solutions for data traffic, which is expected to bring in more public and private investments. High return on investments to network providers will propel passive optical network equipment market share. Stringent regulations in major regional segments against installation of equipment and laying of cables may hamper the growth through the forecast. Passive optical network equipment market penetration is expected to be majorly restrained by the high initial cost of components for operators interfacing and is unlikely to be dealt with, in the forecast span. Small industry participants may find it difficult to adopt these industry solutions.

North America and Europe passive optical network equipment market operate at an average of 12 percent to 18 percent of their digital potential. The GPON and EPON (Ethernet passive optical network) segments are projected to have provide opportunities in the forecast period owing to the unevenly increasing digitization of the global economies.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/passive-optical-network-pon-equipment-market

Key participants in the passive optical network equipment market include Alcatel-Lucent, Adtran, Huawei Technologies Co., Ericson, Motorola Solutions, ZTE Corp., Mitsubishi Electric Corp. and Calix. Strategic business alliances, mergers & acquisitions are likely to fuel the development of new technologies and products till 2024. The need for rising participants consolidated industry growth will result in huge investments in the R&D space.

About Global Market Insights:

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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