Current Business Affairs Global Passive Optical Network Market 2018

Global Passive Optical Network (PON) Market Analysis by Structure
(GPON, EPON, WDM-PON), By Component (OLT, ONT), By Application
(FTTx, Mobile Backhaul), By Region, &Segment Forecasts, 2014 – 2025
Market Definition:
The global Passive Optical Network (PON) market was estimated at USD 5.83 Billion in 2015 and is expected to witness
enormous growth over the forecast period. Increasing demand for digitization and secure and reliable network
operation is expected to drive the market growth.
Growing requirement for faster network and increasing expansion in the network technologies is further anticipated to
augment the industry growth. Furthermore, increasing demand for optimized bandwidth connectivity and growing
penetration of internet and telecom services will boost the industry growth over the forecast period. This will further
enhance the gigabyte PON technology in the industry.
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Market Growth and Analysis:
Few other factors responsible for the technology growth in the market include increased fiber to the home (FTTH)
requirements, high return on investments, rising growth in IP traffic, and low cost of ownership. The technology helps in
reducing the operating expenses since it requires less installation time, with higher reliability and also help the telecom
companies for faster voice, data and other services.
Growing FTTH deployments for faster access to videos, voice and other services and increasing demand high-speed
network for accessing smart systems at home is also projected to enhance the market growth. Furthermore, the
increasing penetration of e-governance service, smart grids, and cloud computing will fuel the industry growth over the
forecast period.
Market Segment:
The market is categorized into structure, component and application. Based on the structure, PON is segregated into
Gigabyte Passive Optical Network (GPON), Ethernet Passive Optical Network (EPON) and Wavelength Division
Multiplexing Passive Optical Network (WDM-PON). GPON is estimated to hold the share of over 60% of the market in
2015 and is expected to witness steady growth over the forecast period. GPON utilizes the encapsulation method and a
single fiber can be used for downstream and upstream data.
Based on the component, the industry is segregated into Optical Line Terminal (OLT) and Optical Network Terminal
(ONT). ONT is further categorized into Optical Network Unit (ONU) and splitters. ONT is accounted for major share in the
market and is also expected to witness enormous growth over the forecast period. ONT is placed at the end-user
premises and while OLT is placed at the central site of the service provider.