The global optical network equipment market report for by Type (FTTH (Fiber-to-the-home) and FTTB (Fiber-to-the-building)), by technology (Asynchronous Transfer Mode PON (APON), Broadband PON (BPON), Gigabit PON (GPON) and Ethernet PON (EPON), by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America)) is expected to reach US $ XX Bn by 2026, at a CAGR of 8.80 %.
The demand for optical network equipment is increasing because of its transmission capability in the form of optical signals, broader bandwidth with a secure and reliable network over the existing network. Some of the prominent key companies are focusing on innovative emerging technologies because of the increase in the usage of mobile smartphones, laptops, and PCs for high-speed data. Some of the components used in optical networking equipment contain an optical amplifier, single-mode or multimode fiber, light source – laser or LED, multiplexer or demultiplexer, optical switch, an optical splitter.
The GPON Equipment is expected to contribute a significant share in the global optical network equipment market.
GPON is a point-to-multipoint access network. GPON offers high-bandwidth, long reach and triple-play services. The technology also delivers the maximum speed, longest life, future proof, lowermost cost network infrastructure. An increase in demand for streaming video, content sharing, social media application, and online gaming is continually pushing the requirement for the higher bit rates and superior experience. GPON infrastructure includes a single optical fiber, which is gain access by multiple users via optical splitters. The GPON is measured as the most cost-effective technology for FTTH (fiber to the home) deployments. A rise in the adoption of services and growth in investments from both public & private sectors is expected to drive the global optical network equipment market.
North America region is estimated to hold the dominant position in the global optical network equipment market.
North America region is expected to contribute significant growth in the global optical network equipment market. The growth in the market is attributed to the introduction of IoT, the high requirement for bandwidth, and the demand for fiber-optic connections in office buildings.
Key players operating in the global optical network equipment market includes AT & T Inc., Alcatel-Lucent S.A., Calix Inc., Ericsson Inc., Hitachi Communication Technologies Inc., Freescale Semiconductor Inc., Verizon Communications Inc., Huawei Technologies, Broadcom Corporation, Inc. Ltd., Motorola Solutions Inc., Mitsubishi Electric Corporation, ECI Telecom Ltd. and Adtran Inc.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global optical network equipment market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global optical network equipment market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global optical network equipment market positioning of competitors.
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