Global Passive Optical Network Market Size, Forecasts, And Opportunities – Includes Passive Optical Network Market Size
Learn about the global passive optical network market through The Business Research Company, which provides information on passive optical network market size, passive optical network market drivers and restraints, passive optical network market players, the COVID-19 impact on the passive optical network market, and more.
The global passive optical network market is expected to grow from $14.00 billion in 2021 to $17.02 billion in 2022 at a compound annual growth rate (CAGR) of 21.5%. The global passive optical network market size is expected to grow to $33.81 billion in 2026 at a CAGR of 18.7%.
Increasing penetration of telecom and internet services is driving the growth of the passive optical network market.
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The passive optical network market consists of sales of the passive optical network products and services by entities (organizations, sole traders, and partnerships) that refer to a fiber-optic network, which uses a point-to-multipoint topology and optical splitters to deliver data from a single transmission point to multiple user endpoints. The unpowered state of the fiber and splitting/combining components is referred to as passive in this context.
Global Passive Optical Network Market Segments Include:
By Component: Optical Power Splitters, Optical Filters, Wavelength Division Multiplexer/De-Multiplexer
By Structure: Ethernet Passive Optical Networks (EPON), Optical Network Terminal (ONT), Optical Line Terminal (OLT), Gigabit Passive Optical Network (GPON), Optical Network Terminal (ONT), Optical Line Terminal (OLT)
By Application: Residential Service (FTTH), Business Service (Other FTTX), Mobile Backhaul
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global passive optical network market in 2021.
Companies in the passive optical network market are focusing on technological advancements to improve the speed and efficiency of networks. Companies are shifting from the existing gigabit ethernet passive optical network (GPON’s) 2.5Gbit/s and 1.25Gbit/s data rates to XGS-PON’s maximum 10Gbit/s symmetric speeds and technologies such as Next-Generation Passive Optical Network 2 (NGPON2) and 25 Gigabit Symmetrical Passive Optical Network (25GS-PON).
TBRC’s Passive Optical Network Market Report Covers:
Major Market Players: Sumitomo Electric Networks Inc., Verizon Communications Inc., Tellabs Inc., Freescale Semiconductor Inc., Hitachi Ltd., Mitsubishi Electric Corp., Huawei Technologies Co., Ltd., NXP Semiconductors, Nokia, ADTRAN Inc., TP-Link Technologies Co., Ltd., Sumitomo Electric Networks Inc., Broadcom Corporation Inc., and Fujitsu.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Passive Optical Network Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides passive optical network market overviews, analyzes and forecasts market size, share, passive optical network market players, passive optical network market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s passive optical network market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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