Gigabit Passive Optical Network (GPON) Technology Market to grow at a CAGR of 21.42% from 2022 to 2027

NEW YORK, July 5, 2023 /PRNewswire/ -- The gigabit passive optical network (GPON) technology market is set to grow by USD 25,219.18 million from 2022 to 2027; progressing at a CAGR of 21.42% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The migration from copper to optical fiber is a key factor driving the market growth. This is due to the various advantages of optical fiber, such as they can transport larger bandwidths than copper wires and are less expensive, lighter, and non-flammable. Moreover, copper wires can also be easily tapped, which presents security risks and other difficulties. The rising demand for optical fibers due to faster and more effective data transfer is increasing the demand from residential and commercial end-users. Governments are, therefore, promoting the use of optical fiber technology for communication because of the security risk which is present in copper wire. In addition, optical fibers are considered the most important component of GPON. Hence, these various advantages of optical fiber and government support are expected to drive market growth during the forecast period. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!

The report on the GPON technology market provides a holistic update, market size and forecast, trends, growth drivers, challenges, and vendor analysis.

The GPON technology market covers the following areas:

GPON Technology Market Sizing

GPON Technology Market Forecast

GPON Technology Market Analysis

GPON Technology Market 2023-2027 - Market Dynamics

Major Trends

The emergence of smart city technologies is a major trend shaping the market. The smart city is planned as an urban development strategy in which the ICT (Information and Communications Technology) infrastructure of a city is equipped with a variety of cutting-edge technologies. The adoption of smart grid technologies, the use of IT to improve traffic, the quantity of Wi-Fi points enabled, and even the mobile application landscape is considered while deciding whether a city is qualified for a smart city or not. Furthermore, fiber-optic cables can support higher stability and transmit data over long distances without experiencing any losses. As a result, smart cities prefer to use them over copper cables. Hence, these factors are expected to drive the market growth during the forecast period.

Significant Challenges

The high cost of fiber optics is a significant challenge restricting the market growth during the forecast period. The components, which are made from fiber optic material, are very costly compared to the copper wires. These connectors cost between USD 1 and USD 15 each. Furthermore, if it is for an entire building that needs to be wired, the cost of installing a fiber-optic cable can reach USD 30,000 in some cases. For example, FTTH service provider GoogleFiber projected that it would cost about USD 1 billion to install an optical fiber network in a US city. Therefore, the growing cost hinders the adoption of fiber optics among consumers, which significantly has a negative impact on the demand for GPONs. Hence, these factors are expected to drive the market growth during the forecast period.

GPON Technology Market 2023-2027: Market Segmentation

The GPON technology market is segmented by application (FTTH, other FTTX, and mobile backhaul), component (ONT and OLT), and geography (APAC, North America, Europe, South America, and the Middle East, and Africa).

The market share growth in the FTTH segment will be significant during the forecast period. fiber-to-the-home provides high-speed internet access from a central location to individual buildings by using optical fibers. The FTTH is considered the best technology by experts to handle consumer network demands in the coming years due to its greater bandwidth. In addition, since the fiber links directly to homes and can be used to complete the remaining network segments with Ethernet or coaxial cables it is considered superior to other fiber designs. Hence, these benefits are expected to drive the segment growth during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

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Global competitiveness and key competitor positions

Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Companies Mentioned

Adtran Inc.

Allied Telesis Holdings K.K.

Alphion Corp.

AT and T Inc.

Broadcom Inc.

Calix Inc.

Centre for Development of Telematics

Cisco Systems Inc.

DZS Inc.

FiberHome Telecommunication Technologies Co. Ltd.

Hexatronic Group AB

Huawei Technologies Co. Ltd.

Kontron AG

NEC Corp.

Nokia Corp.

Optical Network Technologies

Richerlink Technology Co. Ltd.

Telefonaktiebolaget LM Ericsson

Unizyx Holding Corp.

ZTE Corp.

Vendor Offering

Adtran Inc. - The company offers GPON technology such as SDX 6000 Series, and Total Access 5000 Series.

Broadcom Inc. - The company offers GPON technology such as Multiport 10G PON MAC.

Cisco Systems Inc - The company offers GPON technology such as Cisco Catalyst PON Series.

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GPON Technology Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 21.42%

Market growth 2023-2027

USD 25,219.18 million

Market structure

Fragmented

YoY growth 2022-2023(%)

20.67

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Adtran Inc., Allied Telesis Holdings K.K., Alphion Corp., AT and T Inc., Broadcom Inc., Calix Inc., Centre for Development of Telematics, Cisco Systems Inc., DZS Inc., FiberHome Telecommunication Technologies Co. Ltd., Hexatronic Group AB, Huawei Technologies Co. Ltd., Kontron AG, NEC Corp., Nokia Corp., Optical Network Technologies, Richerlink Technology Co. Ltd., Telefonaktiebolaget LM Ericsson, Unizyx Holding Corp., and ZTE Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market Overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global GPON technology market 2017 - 2021

4.2 Application Segment Analysis 2017 - 2021

4.3 Component Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments

6.2 Comparison by Application

6.3 FTTH - Market size and forecast 2022-2027

6.4 Other FTTx - Market size and forecast 2022-2027

6.5 Mobile backhaul - Market size and forecast 2022-2027

6.6 Market opportunity by Application

7 Market Segmentation by Component

7.1 Market segments

7.2 Comparison by Component

7.3 ONT - Market size and forecast 2022-2027

7.4 OLT - Market size and forecast 2022-2027

7.5 Market opportunity by Component

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 North America - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Japan - Market size and forecast 2022-2027

9.11 UK - Market size and forecast 2022-2027

9.12 Germany - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Adtran Inc.

12.4 Allied Telesis Holdings K.K.

12.5 Alphion Corp.

12.6 AT and T Inc.

12.7 Broadcom Inc.

12.8 Calix Inc.

12.9 Cisco Systems Inc.

12.10 DZS Inc.

12.11 FiberHome Telecommunication Technologies Co. Ltd.

12.12 Huawei Technologies Co. Ltd.

12.13 Kontron AG

12.14 NEC Corp.

12.15 Nokia Corp.

12.16 Telefonaktiebolaget LM Ericsson

12.17 ZTE Corp.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

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