The increasing rollouts of fiber-to-the-home (FTTH) for next-generation access (NGA) by telecommunication providers is a crucial trend providing a robust underpinning to the evolution of the demand for gigabyte/gigabit passive optical network (GPON) equipment. The staggering rise in video and over-the-top (OTT) TV services has triggered an exponential rise in data for high-definition video. This is a notable factor fortifying the uptake of GPON equipment.
A report by Transparency Market Research (TMR) sheds light on the various elements of key dynamics and assesses the impact of trends and developments influencing the growth trajectories of the market. The study bears the title “GPON Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012–2018”.
The rising demand for high quality fiber in network architecture from various service providers in developing and developed regions is a key factor catalyzing the growth of the GPON equipment market.
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The growing deployment of FTTH broadband network architecture, especially in China and the U.S., has bolstered the demand. Furthermore, recent advancements in configurations of fibre deployment are supporting the substantial expansion of the market. Massive investment made by numerous public and private sectors to leverage the potential of next-generation access (NGA) is boosting the market.
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The rise in penetration of internet services in emerging economies is aiding in the evolution of the GPON equipment market. The proliferation of connected devices has led to the demand for higher bandwidth, thus fortifying the demand for GPON equipment. In addition, the surge in IP traffic in developing economies world over is favoring the demand for GPON technology.