Growth of Passive Optical Network Equipment Market Attributed to Higher Internet Penetration and Demand for Bandwidth

2024-11-08 06:01:09 News & Society

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Transparency Market Research (TMR), a U.S.-based market intelligence firm, announces the release of a report titled ?Passive Optical Network (PON) Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019?. According to the report, the value of the worldwide passive optical network equipment market stood at US$3.97 billion in 2013. The market is projected to expand at a compound annual growth rate (CAGR) of 22.7% from 2014 to 2019 to reach a market worth of US$13.57 billion by 2019.

Browse the full Passive Optical Network Equipment Market report at http://www.transparencymarketresearch.com/pon-equipment-market.html

The PON equipment market is segmented on the basis of structure and components. By components, the market is categorized into optical line terminal (OLT) and optical network terminal (ONT). By structure, the PON equipment market is classified into Ethernet passive optical network (EPON) and gigabit passive optical network (GPON). The research report also offers a cross-sectional evaluation of the aforementioned segments in terms of region. The primary regions assessed under the global PON equipment market are North America, Asia-Pacific, Europe, and Rest of the World.

An industry analyst with TMR elucidates the many factors that bolster the PON equipment market. ?With the introduction of green network solutions and availability of safe, reliable, and simplified network operations, the global PON equipment market has received a positive boost. Passive optical network equipment, as a market, offers high returns on investments and also reduces the overall cost of ownership.? The analyst further states, ?While the Europe PON equipment market is already thriving owing to many factors, there is huge scope for growth in the Asia-Pacific region. Technological advancements and ever-rising requirement for bandwidth are also projected to reinforce the PON equipment market over the course of the forecast period. On the other hand, operational hiccups and installation costs are expected to have a negative impact on the growth of the global PON equipment market.?

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Asia-Pacific heads the global passive optical network equipment market, generating the maximum revenue in 2013. With growing internet penetration in countries such as China, Japan, Taiwan, and India, the demand for bandwidth has increased in recent years. Investments in research and development as well as infrastructure in the field of passive optical network have further aided the growth of the PON equipment market in this region. In terms of industry share, North America and Europe together hold more than half the market. This is mainly due to a rather strong optical network set-up and growing use of passive optical network equipment.
Key players profiled in the PON equipment market report include Freescale Semiconductor, Inc., AT & T Inc., Alcatel-Lucent S.A., Calix Inc., Ericsson Inc., Broadcom Corporation, Inc., Huawei Technologies Comp., Ltd., Motorola Solutions, Inc., Verizon Communications Inc., Mitsubishi Electric Corporation, Hitachi Communication Technologies, Inc., ECI Telecom, Ltd., and Adtran Inc. The PON equipment market research report analyzes each company in absolute detail, identifying growth stimulants and bottlenecks in case of individual players and highlighting aspects such as financial overview, business strategies, SWOT analysis, and recent developments.

Browse the full Passive Optical Network Equipment Market press release report at http://www.transparencymarketresearch.com/pressrelease/pon-equipment-market.htm

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