DUBLIN–(BUSINESS WIRE)–The “Gigabit Passive Optical Network (GPON) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031” report has been added to ResearchAndMarkets.com’s offering.
The global market for GPON chipsets is anticipated to grow at a CAGR of 6.5% during the forecast period 2023 to 2031
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
Low cost of ownership and good returns on investment are major drivers driving the worldwide gigabit passive optical network chipset market. In addition, GPON chipsets’ higher bandwidth, unrivaled security, and increased dependability are anticipated to drive the GPON chipset market, particularly in India, over the projection period.
In addition, increased digitalization and the widespread adoption of smart and linked digital devices by organizations, governments, and consumers are likely to drive the market in the next years. However, the limited range capabilities of GPON chipsets are hindering the global adoption of GPON chipsets.
2.5G-GPON Led the Market by Technology
The market for GPON chipsets has been divided according to technology, equipment, end-use sector, and geography. The market has been segmented by technology into 2.5G-GPON, 10G-GPON, XGS-PON, and NG-PON2. In 2022, the sector with the most revenue share was 2.5G-GPON. However, the NG-PON2 segment is anticipated to grow at a high rate over the projection period because of the several advantages offered by this technology, such as multi-channel compatibility, flexibility, and superior performance compared to its competitors.
OLT Segment Dominated the Market by Equipment
The global GPON chipset market is segmented by equipment into optical line termination (OLT), optical network unit (ONU), and optical distribution network (ODN). In 2022, the OLT sector held about 58% of the market share.
Mobile Backhaul Applications to be the Fastest Growing Market During the Forecast Period
The market is segmented by application into FTTH, Other FTTx, and Mobile Backhaul. Mobile backhaul is anticipated to experience the highest CAGR over the forecast period of 2023 to 2031. The considerations can be attributed to its capability to let telecom operators expand their bandwidth capacity while maintaining service quality and reducing operating expenses.
The mobile backhaul application segment has gained popularity because of its efficient architecture, minimal hardware requirements, scalability, redundancy, and compatibility with current fixed-line access.
IT & Telecom Remains as the Dominant End User
The GPON chipset market has been categorized by end-use industry into hospitals, residential, IT & telecom, government institutions, and others. In 2022, the IT & telecom sector held the largest market share. The residential segment is anticipated to grow at a substantial CAGR throughout the projection period. High demand for next-generation GPON chipsets for high-speed broadband services is mostly to blame.
Innovation is the Key to Enhance Market Share
Through strategic partnerships, manufacturers can improve output and match consumer demand, thereby increasing their revenues and market share. New products and technologies will make it possible for end-users to reap the benefits of new technologies. The outcome of a strategic partnership might boost the company’s production capacity.
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Gigabit Passive Optical Network (GPON) market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Gigabit Passive Optical Network (GPON) market?
- Which is the largest regional market for Gigabit Passive Optical Network (GPON) market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Gigabit Passive Optical Network (GPON) market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Gigabit Passive Optical Network (GPON) market worldwide?
Company Profiles
- Adtran Inc.
- Alphion Corporation
- AT & T Inc.
- Broadcom Inc.
- Calix Inc.
- Cisco Systems
- Dasan Zhone Solutions
- Fujitsu Ltd.
- HiSilicon Technologies Co. Ltd.
- Huawei Technologies Co. Ltd.
- Marvell Technology Group
- Motorola Solutions
- NXP Semiconductors
- Realtek Semiconductor Corporation
- Zyxel Communications Corp
Market Segmentation
Technology
- 2.5G-GPON
- 10G-GPON
- XGS-PON
- NG-PON2
Equipment
- Optical line termination (OLT)
- Optical network unit (ONU)
- Optical distribution network (ODN)
End User
- Hospitals
- Residential
- IT & telecom
- Government institutions
For more information about this report visit https://www.researchandmarkets.com/r/87cb7p
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