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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.
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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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