Global GPON Market Size, Share, and COVID-19 Impact Analysis, By Technology (2.5G PON, XG-PON) By Component (Optical Network Terminal, Optical Line Terminal) By Application (FTTH, Other FTTx) by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) Analysis and Forecast 2021 – 2030
Industry: Information & TechnologyGlobal GPON Market Insights Forecasts to 2030
- The global GPON market was valued at USD 6.5 billion in 2021.
- The market is growing at a CAGR of 5.90% from 2022 to 2030
- The global GPON market is expected to reach USD 11.2 billion by 2030
- The North America is expected to grow the fastest during the forecast period
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The global GPON market is expected to reach USD 11.2 billion by 2030, at a CAGR of 5.90% during the forecast period 2022 to 2030. The increasing growth of the telecommunication industry as well as increasing implementation of the advanced technologies have driven the overall demand of the global GPON market. Apart from this, the utility served by GPON technologies to homes and offices in terms of connectivity have propelled the market growth.
Market Overview
Gigabit Passive Optical Networks (GPON) is basically a fiber access technology which provides data and video and high speed voice services to the business and residential customers. GPON is also a point to multipoint access network which uses optical wavelength division multiplexing. So, one fiber can be used for upstream and downstream data. The GPON technology provides certain benefits such as less physical equipment and low maintenance needs, more accessible network management, additional bandwidth delivered more efficiently and high information transmission speed.
Report Coverage
This research report categorizes the market for GPON based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the GPON market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the GPON market.
Driving Factors
Certain factors like the increasing adoption of NG-PON2 for 5G network Backhaul, increasing demand for high speed broadband services are boosting the GPON technology market. Moreover, the rapid growth of the telecommunications market and increasing advancements in GPON technology. The utility served by GPON technologies to offices and homes, mainly in terms of connectivity will propel the market. Apart from this, the increasing use of FTTH service in the Asia Pacific region will also drive the market over the forecast period.
Global GPON Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 6.5 Billion |
Forecast Period: | 2021-2030 |
Forecast Period CAGR 2021-2030 : | 5.90% |
2030 Value Projection: | USD 11.2 Billion |
Historical Data for: | 2017-2020 |
No. of Pages: | 198 |
Tables, Charts & Figures: | 106 |
Segments covered: | By Technology, By Component, By Application, By Region, COVID-19 Impact Analysis |
Companies covered:: | Huawei, Cisco, ZTE, DASAM Zhone Solutions, Broadcom, Inc., Allied Telesis, Inc., Iskratel, NXP Semiconductors N.V., Verizon Communications, Inc. |
Pitfalls & Challenges: | Due to the increasing number of COVID-19 cases |
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Restraining Factors
Certain factors like high operational and installation costs with the need for continuous power supply will hinder the market growth. In addition, it is predicted that expansion will be slow due to the availability of substitute technologies, interoperability problems, and operational challenges related to fibre optics. Additionally, the absence of standards and protocols, complicated integrated systems, and a competent workforce are all possible barriers to the overall expansion of the worldwide GPON market.
Market Segmentation
- In 2021, NG-PON2 technology holds the largest market share over the forecast period.
On the basis of technology, the global GPON market is segmented into 2.5G PON, XG-PON, XGS-PON, NG-PON2. Among these, NG-PON2 technology holds the largest market share over the forecast period. Higher split ratio, better upstream and downstream transmission speeds, and improved security are the likely contributing factors. The NG-PON2 rollout for mobile backhaul and fronthaul applications offers GPON suppliers an additional chance to grow the market in this area.
- In 2021, Optical Network Terminal (ONT) is anticipated to witness the highest CAGR for the forecast period.
Based on the component, the global GPON market is segmented into Optical Network Terminal and Optical Line Terminal. Among these, the optical network terminal (ONT) segment is anticipated to witness the highest CAGR over the forecast period. The primary purpose of an ONT is to transform optical impulses sent over optical fibre into electrical signals that can be sent to consumers in commercial and residential settings. The demand for this market is being fueled by this.
- In 2021, the mobile backhaul segment to witness the highest CAGR over the forecast period.
On the basis of application, the global GPON market is segmented into FTTH, other FTTx, and Mobile Backhaul. Among these, the mobile backhaul segment is going to witness the highest CAGR over the forecast period. The reasons are due to its ability to enable telecom operators to expand their bandwidth capacity, maintain high levels of service quality, and dependability, all while cutting operational costs. Mobile backhaul application segment acceptability has been aided by the effective topology, minimum hardware required, scalability, redundancy, and synergy using the current fixed-line access.
Regional Segment Analysis of the GPON Market
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- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Europe is dominating the market with the highest CAGR of more than 15.1%.
European region is dominating the GPON market with over 15.1% CAGR due to the initiatives taken in line with the objectives of European Union in strengthening broadband coverage and improving connectivity. All these factors are estimated to improve the efficiency of GPON solutions and further effectively stimulate the regional demand.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global GPON market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Market Players
- Huawei
- Cisco
- ZTE
- DASAM Zhone Solutions
- Broadcom, Inc.
- Allied Telesis, Inc.
- Iskratel
- NXP Semiconductors N.V.
- Verizon Communications, Inc.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global GPON market based on the below-mentioned segments:
GPON Market, By Technology
- 2.5G PON
- XG-PON
- NG-PON2
- XGS-PON
GPON Market, By Component
- Optical Network Terminal
- Optical Line Terminal
GPON Market, By Application
- FTTH
- Other FTTx
- Mobile Backhaul
GPON Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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