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Passive Optical Network Equipment Market is driven by advanced telecommunications research infrastructure, Passive Optical Network Equipment Market is dominated by Asia Pacific Region | PON Equipment Market
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PASSIVE OPTICAL NETWORK EQUIPMENT MARKET ANALYSIS, SIZE,SHARE,GROWTH,TRENDS AND FORECAST BY 2023 The global Passive Optical Network Equipment Market is expected to rise quickly due to the superiority of optics in networking. PONs are easily scalable, provide advanced security, are highly reliable for consistency, and help optimize the bandwidth connectivity. Additionally, PON equipment are easy to install and maintain in comparison to conven- tional networks and also do not emit electromagnetic radiation due to their dielectric na- ture. Environmental conservationists are also positive about PON implementation due to their eco-friendly nature, in comparison to conventional copper-based cable networks. PON and its passive local area network also helps eliminate the need for workgroup switches. Factors such as these are responsible for the extremely optimistic 20.7% CAGR dis- played by PON equipment revenue from 2015 to 2023. This market is expected to be valued at US$163.50 bn by the end of 2023. High PON Equipment Demand in Asia Pacific Draws Global Players to the Region Asia Pacific is currently showing a very high demand for PON structures and equipment. Most of this demand increase is attributed to the rapid network implementations of China and India. China has played a key role in the growth of PON equipment players in the recent past and is expected to continue doing so for the coming years. A factor that allows China to show a higher PON demand than most other countries is the sheer volume of data being transferred across networks. The amount as well as rate of data traffic in the country is causing many users to switch from wireless networks to wired modes, thus increasing the consumption of PON equipment. India has proposed to build what the country will call the National Optical Fiber Network. The NOFN is a part of a plan to enhance the connectivity between different villages across India. The resultant dark fiber network is expected to significantly improve the nation’s connectivity. This 100 page report gives readers a comprehensive overview of the Passive Optical Network Equipment Market. Browse through 27 data tables and 24 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2024 GPON Preferred More While EPON Developments Enable Better Adoption By the end of 2023, gigabit passive optical networks are expected to hold 70.24% of the market over their counterpart structure, the Ethernet passive optical network. The key reasons for the higher implementation of GPON structure and equipment include the use of GPON encapsulation method, which helps service providers develop efficient sub- scriber packaging with their frames in segments. GPON also permits a more diverse array
of bit rate options. They are, however, largely determined by the industry standards of a regions. EPON structures, on the other hand, are proliferating at a rapid rate owing to backhaul carriage services that can be offered in 3G and 4G mobile technologies. Technological advancements are also allowing EPON structures to be completely compatible with the current Ethernet standards, which removes the need to modify speeds during connection. However, EPON structures are currently being limited in use due to the large-scale usage of GPON structures. Key PON equipment providers in the world currently are Huawei Technologies Co., Ltd., ZTE Corporation, Alcatel-Lucent S.A., and Calix, Inc. They own large revenue shares of the market and are collectively creating a highly consolidated market. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Us Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com