Passive Optical Network Market

Expanding optical-fiber-based telecommunication infrastructure coupled with increasing focus to develop cost effective communication network based on passive optical components is the key factor contributes the growth of global passive optical network market.

Rising number of connected devices, continuous adoption of cloud-based services, and expanding consumer and commercial Internet of Things (IoT) applications, further accelerates the growth of global passive optical network market.

Also, declining cost of fiber optics and Ethernet equipment coupled with the continuous adoption of optical fiber technology in wide-area network (WAN), local area network (LAN) and metropolitan area network (MAN), expected to fuel the growth of global passive optical network market. However, high initial investment for passive optical network development is the prominent factor identified as a restraint likely to deter the progression of global passive optical network market.

Passive Optical Network Market: Market Segmentation

The global passive optical network marked is segmented on the basis of components, type, and by region

Passive Optical Network Market: Regional Outlook

Among all regions, passive optical network market in North America is expected to dominate the market, due to increasing higher bandwidth applications, expanding fiber city projects, and rising focus on eco-friendly network solutions. In terms of revenue, Asia-Pacific is identified as the fastest growing passive optical network market, due to growing focus on cost effective network solutions, increasing fiber-to-the-premises (FTTP) deployment and continuous focus on digital transformations in government and public sectors.

Passive Optical Network: Competitive Landscape

Some of the prominent players in the global passive optical network includes ZTE Corporation., Nokia, Calix, FUJITSU, Mitsubishi Electric Corporation, NXP Semiconductors, ADTRAN, Inc., Huawei Technologies Co., Ltd., Extralink, TP-Link Technologies Co., Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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