The market for [FURL=https://www.industryarc.com/Research/Gpon-Technology-Market-Research-505336?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]GPON Technology Market[/FURL] size is forecast to reach $8.3 billion by 2026, growing at a CAGR of 5.8% from 2021 to 2026. The GPON Technology Market is estimated to witness substantial growth over the forecast period primarily due continuous advancements of networking technology as there is a rise in usage of Ethernet PON and Gigabit PON as they bring improvement in data transmission and increases in bandwidth compared to other networking technologies. GPON is a version of passive optical networks used for internet access voice over internet protocol and digital TV delivery in top tier cities. The components of GPON include optical line terminal, fibre optical splitter and optical network terminal, distributed antenna systems.Key Takeaways
GPON Technology Market is estimated to witness substantial growth over the forecast period primarily due to continuous advancements in networking technology and increase in band width compared to other networking technologies.
GPON technology exhibits benefits such as less physical equipment, low maintenance requirements, low band width delivered more efficiently and high data transmission speed.
GPON Technology is being implemented in different applications such as energy and utilities, Transportation and healthcare sectors.
Asia-pacific is projected to hold the largest share of GPON Technology Market during the forecast period due to huge customer base of network services and high penetration of 4G and 5G services in this region.
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GPON Technology Market Segment Analysis – By Geography
GPON technology by Geography has been segmented into North America, Europe, APAC, South-America and RoW. Asia Pacific region is holds the largest market share in GPON technology market due to huge customer base of network services and high penetration of 4G and 5G services. It is due to the Chinese government’s plan to invest USD$ 22 million to boost internet access across the country and will culminate, creating new avenues for market expansion. In addition, several telecom companies in the region are also taking efforts to commercialize 5G technology, accentuating the market growth.
GPON Technology Market Drivers
Rising demand for mobile backhaul systems is driving the market growth
Growing popularity of television video streaming services driving the market growth
GPON Technology Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the GPON Technology Market. The GPON Technology top ten companies are such Nokia, Fiberhome, ZTE, Calix, Huawei, Cisco, DASAN Zhone, Allied Telesis, Alphion, Unizyx.
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