The Passive Optical Network market is anticipated to grow at a CAGR of 2.95% between 2018 and 2025.
The Proliferation of GPON and EPON to boost the deployments for Passive Optical Networks
The present scenario of major two standards of PON, Ethernet PON (EPON) and gigabit PON (GPON) has lead the optical telecom and broadband access application at a high level, as fiber optical is poised with strong growth with a fact of less cables and switches are required compared to traditional networks & systems. The market for passive optical network market is moderately fragmented market with the top ten companies accounting for approximately 50% of the market share.
The Passive Optical Network Market for GPON and EPON has the potential to grow rapidly on account of various product developments, and strategic alliances being witnessed for these technologies in order to leverage large community of customer that consists of individual consumers, government, and businesses. For instance, in 2018, NEC Corporation, a Tokyo based company declared the provision of 10 Gigabit Ethernet Passive Optical Network (10G-EPON) system for KDDI Corporation’s “au Hikari Home 10 giga,” which is a FTTH service designed for individual subscribers which enables upload and download speed of up to 10 Gbps. Also, in another initiative a strategic alliance was formed between DASAN Zhone Solutions, Inc. and KDDI Corporation for the deployments of EPON in Tokyo. In another development, ZTE Corporation, a China based company collaborated with Quantenna Communications, Inc. for deployment of GPON residential gateway that controls Quantenna’s 4×4 IEEE 802.11ac Wave 2 QSR1000 chipset.
These initiatives would result in significant investments for product enhancement that would enable steady growth of passive optical network market in the future. As, major initiatives were observed in Asian countries, market for passive optical network is anticipated to witness high growth in Asia Pacific region. Some of the major players influencing Passive Optical Network market are ZTE Corporation, Cisco Systems Inc., ADTRAN, Inc., Calix, Inc., Infinera Corporation, ADVA Optical Networking SE, Ciena Corporation, Motorola Solutions, Inc., Nokia Corporation, and Huawei Technologies Co., Ltd.