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Global GPON Market to Grow at a CAGR of 6% During 2021-2026, Aided by the Increasing Demand for Scalable Mobile Backhaul Systems

According to a new report by EMR titled, ‘Global GPON Market Report and Forecast 2021-2026’, the market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026 to reach a value of USD 8.8 billion by 2026.

The GPON industry has been witnessing a significant growth owing to the increased development of fibre optic networks. Moreover, passive optical fibre networks are more economical than standard ethernet as a single fibre cable can work for up to 32 users. In addition, fibre networks have emerged as a reliable option to support the market demand for low-latency networks due to very low downtimes. This is expected to stimulate the market growth for GPON technology. Furthermore, the global GPON industry is characterised by large investments in 5G networks to meet high-bandwidth and low-latency requirements. Also, the industry is witnessing a number of strategic collaborations between stakeholders for the introduction of new products with more functionalities to maintain the revenue and profits. Additionally, the market growth is being driven by the high demand for GPON network for triple and quad play services.

The growing investments by the leading players to strengthen their business operations are expected to aid the industry in the forecast period. For example, in April 2020, AT&T (NYSE: T) enhanced its CAPEX to USD 5 billion for investment in 5G and fibre infrastructure. In another case, in April 2020, Bharti Airtel, one of India's leading telecommunications providers, and Nokia (NYSE: NOK) signed a USD 1 billion agreement to deploy 5G infrastructure in India. The partnership is expected to help Airtel provide stiff competition to the major industry rivals, with services designed for 5G.

Market Analysis by Equipment Type, Service, Technology, Application, End Use, and Region:

  • The market on the basis of equipment type can be divided into optical line terminal (OLT), optical network terminal (ONT), and others.
  • Based on service, the industry can be segmented into fixed internet and voice, internet protocol TV (IPTV), and mobile voice and internet.
  • By technology, the market is divided into 2.5G PON, XGS-PON, XG-PON, and NG-PON2.
  • The industry can be segmented on the basis of application into FTTH, mobile backhaul, and others.
  • On the basis of end use, the market can be divided into residential, commercial industries, telecommunications, energy and utilities, healthcare, transportation, and others.
  • The regional markets for GPON include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising demand for optical network terminal (ONT) equipment is expected to be a key driver for the market.
  • The increasing demand for scalable mobile backhaul systems is likely to propel the market growth.
  • The growing emphasis on providing high-bandwidth and low-latency communications is anticipated to have a positive impact on the progress of the industry.
  • The Asia Pacific is anticipated to provide the industry with immense growth opportunities.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for GPON for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the equipment type, services, technologies, applications, end uses, and regions of GPON.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global GPON market are Hitachi, Ltd., Cisco Systems, Inc., ZTE Corporation, Huawei Technologies Co., Ltd., Ubiquoss, Inc., Calix, Inc., Nokia Corporation, Tejas Networks, Ltd., and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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