IGR Passive Optical LAN Market | Page 2

A latest report has been added to the wide database of Passive Optical LAN Market by Infinium Global Research. This report studies the Passive Optical LAN Market by application (FTIL, HFC, loop feeder, SDHS), component (optical amplifiers, optical cables, optical circulators, optical encoders, optical filters, wavelength division multiplexers and demultiplexers), end user (enterprises and residential) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Passive Optical LAN Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Passive Optical LAN Market. Global passive optical LAN market size is expected to exceed USD X.xx billion by 2023, growing at a CAGR between 21% and 22% over the period of 2017 – 2023. Market Insights Alcatel –Lucent SA, Huawei Technologies Co.Ltd and ZTE Corporation are the major players with two thirds of share in the global passive optical LAN market. Huge investments in research and development, entry of more vendors, acquisitions for market consolidation, capacity expansion, promotion of enterprise & residential LAN solutions, and partnerships with telecommunication companies for 4g & next generation services characterizes the global passive optical LAN market. Increasing demand for bandwidth is a major factor that drives the growth of the passive optical LAN market.The factors such as flexibility, scalability, better security features and ability to handle huge number of devices in enterprises with greater bandwidth drives the demand for POL from the corporate sector. Passive optical LAN is ecofriendly as it uses optical splitters and limits the use of non-renewable equipment and it drives the demand for the passive optical LAN worldwide to replace copper based networks. POL networks maintain HVAC standards to reduce power consumption and it is a major driver for the global POL market. Ease of upgradation of POL networks, as it requires only replacement of electronic equipment, while maintaining the existing fiber cables, enhances the demand for POL.Among applications, SDHS and SONET are anticipated to attain major share in POL market, as they are data protocols, which have the ability to expedite steady voice conversation. Wavelength division multiplexers & demultipliers segment accounts for significant share in the POL market. Growing usage in networks with ultra-high capacities, the demand for variable optical amplifiers are anticipated to grow significantly during the forecast period 2017-2023. Passive optical networks have lesser range than the active optical networks. Data transmission may slow down during peak time due to latency factor. These two are major restraints for the global POL market. As the initial investments, installation costs of passive optical and operational costs are less when compared to copper based networks, the major players in the market are anticipated to gain lot of