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Passive Optical Network (PON) Market Analysis By Structure (GPON, EPON, WDM-PON), By Component (OLT, ONT), By Application (FTTx, Mobile Backhaul), By Region And Segment Forecasts, 2014 - 2025LONDON, Jan. 18, 2017 /PRNewswire/ -- The global Passive Optical Network (PON) market is expected to reach USD 43.43 billion by 2025, according to a new report conducted by Grand View Research, Inc. Passive optical network equipment offers higher efficiency with better bandwidth and utilizes larger variable length packets. The telecom operators in the industry are transitioning their switches from fiber to the business to the fiber to the home and fiber to the building rollouts leading to the growth of PON equipment. Increasing R&D and investments from private and public sectors along with factors such as exceeding data traffic are projected to be the key drivers for the industry. The North American and European regions captured a market share of over 50% owing to increasing use of passive optical network equipment. However, short range on the operator's premises and high installation cost at the are likely to hinder the market growth over the forecast period. Further key findings from the report suggest: Passive optical network is gaining attention in the market owing to the ability to implement a point-to-multipoint architecture The GPON based equipment is projected to dominate the market with a CAGR of over 20% over the forecast period Fiber-to-the-home (FTTH) applications of the market are gaining traction owing to the increasing adoption among the telecom carriers The Asia Pacific market is expected to witness significant growth owing to increasing investments in research infrastructure The major industry players in the PON market include Huawei Technologies Co. Ltd., Calix Inc., Alcatel-Lucent S.A., and ZTE Corporation Download the full report: https://www.reportbuyer.com/product/4604974/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/passive-optical-network-pon-market-analysis-by-structure-gpon-epon-wdm-pon-by-component-olt-ont-by-application-fttx-mobile-backhaul-by-region-and-segment-forecasts-2014---2025-300393155.html SOURCE ReportBuyer |