The GPON Market Size is estimated to grow from USD 6.3 billion in 2020 to USD 8.3 billion by 2025, at a CAGR of 5.8%.
The major companies involved in the development and supply of GPON include Huawei (China), Nokia (Finland), ZTE (China), Fiberhome (China), Calix (US), ADTRAN (US), DASAN Zhone (US), Cisco (US), NEC (Japan), Allied Telesis (Japan), Iskratel (Slovenia), Unizyx (Taiwan), and Alphion (US).
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Optical network terminal (ONT) to lead the GPON Market during the forecast period.
The optical network terminal (ONT) or optical network unit (ONU) is anticipated to dominate the GPON (Gigabit Passive Optical Network) market in terms of volume and value during the forecast period, according to a market research report. In order to deliver phone, video, and data services to commercial and residential users, the ONT hardware transforms optical impulses into electrical signals. The GPON Market will expand as a result of the rising demand for high-speed internet connectivity and the rising number of users who utilise ONT gear to access these services.
The GPON Market for the mobile backhaul application expected to grow at the highest CAGR during the forecast period.
The GPON (Gigabit Passive Optical Network) market for mobile backhaul application is anticipated to expand at the highest Compound Annual Growth Rate (CAGR) over the forecast period, according to a market research report. Due to their capabilities to deliver high bandwidth while preserving service quality and reliability and lowering operational costs, GPON networks are growing in popularity among telecom operators. The GPON network is a desirable alternative for network operators due to its effective architecture, low hardware needs, scalability, redundancy, and synergies with current fixed-line access. The GPON market is anticipated to expand as GPON networks are increasingly used for mobile backhaul applications.
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Market in Rest of the World expected to grow at the highest CAGR during the forecast period.
The GPON (Gigabit Passive Optical Network) market in the rest of the world is anticipated to develop at the highest Compound Annual Growth Rate (CAGR) over the forecast period, according to a market research analysis. South America, the Middle East, and Africa are included in this region and are thought to be prospective markets for GPON technology. The rise of the GPON market in South American countries is being driven by the region's growing subscriber base of Fiber-To-The-Home (FTTH) consumers. Demand for GPON is rising across the Middle East, especially in nations like Saudi Arabia, the United Arab Emirates, and Turkey. The GPON market has expanded as a result of increased investments made by telecom firms in Africa's optical network.
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