Gigabit Passive Optical Networks Market Future Challenges and Industry Growth Outlook by 2021-2026
The gigabit passive optical networks market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.
The gigabit passive optical networks market is set to register tremendous growth on account of rising demand for data transmission solutions with low latency and high bandwidth. GPONs offer more affordable network connectivity compared to conventional ethernet, as it can utilize a single fiber cable to cater to almost 32 users. This significantly decreases the cost for added hardware and minimizes space required to carry out operations.
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The growing popularity of IP television, video streaming services, OTT services along with access to high-speed internet connectivity is driving global GPON adoption. The technology is gaining widespread popularity as it supports next-generation FTTH (Fiber-to-the-Home) systems for reliable and fats internet access.
Moreover, GPON technology is based on point-to-multipoint access mechanism, that leverages a single fiber network for serving multiple customers at a time. GPON services ensure increased scalability in data transmission along with low latency, leading to a high demand of services.
GPON technology is gaining major revenues from residential applications, which is estimated to hold over 60% of the overall industry share by 2026. The considerable demand across residential settings can be credited to the adoption of smart devices and appliances as well as proliferation of online content streaming and OTT platforms.
In 2014, global online streaming service subscriptions crossed the 600 million marks in 2019. It is estimated that the subscribers will grow to 1.1 billion by 2021, while global OTT revenue will reach US$129 billion by 2023. Growing demand to access online content is prompting telecom operators to leverage XGS-PON technology on a single passive optical networking system for offering high-speed broadband services to residences.
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On the regional front, North America is considered to be a lucrative ground for GPON companies and is predicted to hold more than 20% of the global gigabit passive optical networks market share by 2026. Local IT & telecom companies are actively implementing GPON technology for modernizing their service delivery network.
Currently, companies like Broadcom, Inc., ADTRAN, Inc., Cisco Systems, Inc., Calix Corporation, NEC Corporation, Nokia Corporation, and Huawei Technologies Co. Ltd. are leading the gigabit passive optical networks market with their pioneering solutions.
Major Key Points from Table of Content:
Chapter 6. Gigabit Passive Optical Networks Market, By Technology
6.1. Key trends, by technology
6.2. 2.5 GPON
6.2.1. Market estimates and forecast, 2015 – 2026
6.3. XG-PON
6.3.1. Market estimates and forecast, 2015 – 2026
6.4. XGS-PON
6.4.1. Market estimates and forecast, 2015 – 2026
6.5. NG-PON2
6.5.1. Market estimates and forecast, 2015 – 2026
Chapter 7. Gigabit Passive Optical Networks Market, By Application
7.1. Key trends, by application
7.2. FTTH
7.2.1. Market estimates and forecast, 2015 – 2026
7.3. Other FTTX
7.3.1. Market estimates and forecast, 2015 – 2026
7.4. Mobile backhaul
7.4.1. Market estimates and forecast, 2015 – 2026
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