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Passive Optical Network Market 2025 - Global Analysis and ForecastsLONDON, August 29, 2018 /PRNewswire/ -- The global passive optical network market is experiencing an intense growth with regards to the investments, trials being carried out and deployment for future in the current scenario and is anticipated to rise in the coming years.The passive optical network market consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced service to the customers. The Global Passive Optical Network market is estimated to grow at a CAGR of 2.95% during the forecast period 2018- 2025 and account for US$ 11.14 Bn by the year 2025. Further, merger & acquisition by the players for the product enhancement and increase in global footprints help the companies to cater large base of customers. For instance, in 2017, Corning Incorporated acquired Alliance Fiber Optic Products, Inc. (AFOP). The merger agreement states that Corning combined AFOP into its Optical Communications business segment and also seek towards further expansion in the market of cloud data-centre operators, OEMs. The acquisition also extends the Corning's imprints in Asia. In another development, Alcatel-Lucent was acquired by Nokia Networks in 2016. The acquisition enables focus on future technologies such as IP and software-defined networking, the fifth generation (5G), analytics, cloud, and others. It involves Alcatel-Lucent's Bell Labs, Nokia's FutureWorks and Nokia Technologies to improve the research competencies and technology segment. In the same year, ADTRAN, Inc., closed the acquisition of major fibre access products, and technologies from the subsidiaries of CommScope, Inc. This acquisition is expected to enhance the solutions of Adtran for cable MSO industry and also to deliver scalable solutions, services and support to the cable operators in order to remain competitive in the multi-gigabit service delivery market. Major merger & acquisition strategy was reported in the North America region and is expected to be saturated in passive optical network market with an almost constant market share over the forecast period. Some of the global key players operating in the Passive Optical Network market are ZTE Corporation, Calix, Inc., Infinera Corporation, Ciena Corporation, ADTRAN, Inc., Huawei Technologies Co., Ltd., Cisco Systems, Inc., Motorola Solutions, Inc., Nokia Corporation, and ADVA Optical Networking SE. Download the full report: https://www.reportbuyer.com/product/5485545 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com
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