Global GPON Equipment Market To Grow At A CAGR Of 5.8% During The Forecast Period

The global GPON equipment market was valued at nearly USD 6.35 billion in 2021 and is forecasted to grow to about USD 9.75 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.8 percent over the forecast period.

GPON has been hailed as a next-generation PON device and stands for Gigabit Passive Optical Networks which is a fiber technology using fiber cabling to distribute a given Internet Access for things like video, Voice, (VoIP), online gaming, and ultra-bandwidth for HDTV experiences amongst other services. The fiber cable is connected from a single point to either a residential or a commercial building.

The GPON system works with single fiber cables which house multiple stand-alone cables. The single cable then travels from the ISP central hub to the final destination also known as the endpoint. The endpoints are named fiber-to-the premise (FTTP) or fiber-to-the-home (FTTH), fiber-to-the-curb (FTTC), and fiber-to-the-building (FTTB).

The global GPON equipment market works with a system consisting of shared network equipment in the central office, and an exclusive optical unit per subscriber location.

During Covid-19, all non-essential segments were shut and the majority of the world population was operating from home. Even education institutes were conducting training sessions online. The sudden large-scale shift to online mode propelled the global market growth in 2020 and the growth graph has not stopped since while also showing more signs of steady growth during the projection period.

Technology has been advancing steadily over the last couple of years. Along with this the data present on the internet has grown exponentially and is expected to continue the growing trend in the coming years. The unlimited data on the internet along with technological advancements has led to a rise in the number of websites or applications requiring a high-speed internet connection to meet consumer expectations and is expected to aid the global market growth during the projection period. During and post Covid-19 there has been a significant shift in remote work culture adopted by many leading, international, and domestic companies. This has forced more than one person to work from a shared space, for example, members of one family operating from their home at the same time. This has propelled the need for faster internet services and subsequently the need for GPON equipment thus aiding the global GPON equipment market growth. The growing population and the rise in disposable income have assisted the growth of the smartphone market along with the popularity of video on demand thus acting as a global market growth driver.

The availability of better bandwidth providers may restrict the growth of the global market. However, growth opportunities can be expected due to the increase in IP traffic and technological advancements while the global market may face challenges because of high installation and operational costs.

The global GPON equipment market is segregated based on equipment type, end-use industry, and region. By equipment type, the market is categorized into optical line terminals and optical network terminals. End-use industry segment of the market is bifurcated into hospitals, IT & telecom, residential, and other.

Asia-Pacific is expected to dominate the global GPON equipment market during the projection period owing to the rising population and growing demand for smartphones & electronic products aided by the rise in spending capacity and economic growth in countries like China, Singapore, Hongkong, India, and others. The region is witnessing high demand for reliable and scalable network connections along with increased bandwidth because of the rising number of market players operating from these regions. This is expected to aid regional growth in the coming years.

North America is expected to register a significant CAGR owing to the constant technological advancements in regions like the USA, Canada, and others which can operate effectively only in the presence of high-speed and greater bandwidth network connectivity.

Major players operating in the global GPON equipment market include Motorola Solutions, Huawei Technologies Co., Ltd., Hitachi, Ltd., Dasan Zhone Solutions, Cisco Systems, Inc., Ericsson AB, Ubiquoss Inc., Mitsubishi Electric Corporation, Calix, and ZTE Corporation.

Recent Developments

• In April 2021, Huawei teamed up with partners to speed up the deployment of gigabit optical networks and application development.

Browse the full “GPON Equipment Market By Equipment Type (Optical Line Terminal And Optical Network Terminal), By End-Use Industry (Hospitals, Residential, IT & Telecom, And Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/gpon-equipment-market

Global GPON equipment market is segmented as follows:

By Equipment Type

• Optical Line Terminal (OLT)
• Optical Network Terminal (ONT)

By End-User

• Hospitals
• Residential
• IT & Telecom
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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