PUBLISHER: Acute Market Reports | PRODUCT CODE: 1271359
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1271359
GPON is a fiber optic network that connects numerous points to a single point. It is a fiber-to-the-premises network that provides many connections via splitters without electricity and a different optical fiber. Optical splitters are energy-efficient and do not require electricity for signal transmission. Due to rapid technological advancements in the FTTH/FTTB industry, the market for GPON chipsets is expanding rapidly. The global market for GPON chipsets is anticipated to grow at a CAGR of 6.5% during the forecast period 2023 to 2031.
Low cost of ownership and good returns on investment are major drivers driving the worldwide gigabit passive optical network chipset market. In addition, GPON chipsets' higher bandwidth, unrivaled security, and increased dependability are anticipated to drive the GPON chipset market, particularly in India, over the projection period. In addition, increased digitalization and the widespread adoption of smart and linked digital devices by organizations, governments, and consumers are likely to drive the market in the next years. However, the limited range capabilities of GPON chipsets are hindering the global adoption of GPON chipsets.
The market for GPON chipsets has been divided according to technology, equipment, end-use sector, and geography. The market has been segmented by technology into 2.5G-GPON, 10G-GPON, XGS-PON, and NG-PON2. In 2022, the sector with the most revenue share was 2.5G-GPON. However, the NG-PON2 segment is anticipated to grow at a high rate over the projection period because of the several advantages offered by this technology, such as multi-channel compatibility, flexibility, and superior performance compared to its competitors.
The global GPON chipset market is segmented by equipment into optical line termination (OLT), optical network unit (ONU), and optical distribution network (ODN). In 2022, the OLT sector held about 58% of the market share.
The market is segmented by application into FTTH, Other FTTx, and Mobile Backhaul. Mobile backhaul is anticipated to experience the highest CAGR over the forecast period of 2023 to 2031. The considerations can be attributed to its capability to let telecom operators expand their bandwidth capacity while maintaining service quality and reducing operating expenses. The mobile backhaul application segment has gained popularity because of its efficient architecture, minimal hardware requirements, scalability, redundancy, and compatibility with current fixed-line access.
The GPON chipset market has been categorized by end-use industry into hospitals, residential, IT & telecom, government institutions, and others. In 2022, the IT & telecom sector held the largest market share. The residential segment is anticipated to grow at a substantial CAGR throughout the projection period. High demand for next-generation GPON chipsets for high-speed broadband services is mostly to blame.
Geographically, the worldwide GPON chipset market is divided into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The largest share of the global market is held by Asia-Pacific, followed by North America and Europe. China has experienced a rapid transition from wireless to wired optical communication over the past decade. This transitional period is propelling the market in the region and making the country particularly conducive to GPON chipset uptake. In addition, the Asia-Pacific market is anticipated to increase fast between 2023 and 2031 due to ongoing technological advancements in the region. The Middle East and Africa market is anticipated to expand at a moderate rate during the forecast period. The GPON chipset market in South America is anticipated to develop slowly during the forecast period.
Adtran, Inc., Alphion Corporation, AT & T Inc., Broadcom Inc., Calix Inc., Cisco Systems, Dasan Zhone Solutions, Fujitsu Ltd., HiSilicon Technologies Co., Ltd., Huawei Technologies Co., Ltd., Marvell Technology Group, Motorola Solutions, NXP Semiconductors, Realtek Semiconductor Corporation, Zyxel Communications Corp and Other Notable Players. are the leading companies in the market. Through strategic partnerships, manufacturers can improve output and match consumer demand, thereby increasing their revenues and market share. New products and technologies will make it possible for end-users to reap the benefits of new technologies. The outcome of a strategic partnership might boost the company's production capacity.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Gigabit Passive Optical Network (GPON) market are as follows:
Micro and macro environment factors that are currently influencing the Gigabit Passive Optical Network (GPON) market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.