The global Passive Optical Network (PON) market is estimated to grow at a significant CAGR during the forecast period. The major factors contributing to the growth of the global PON market include the rising development in network technologies and the growing need for a faster network. The demand for the Ethernet Passive Optical Network (EPON) is rising due to the demand for services such as videoconferencing, Voice over Internet Protocol, video on demand, and the rising OTT viewers. 

A PON is a fiber-optic telecommunication system that utilizes a point-to-multipoint topology and optical splitters to transmit data from one point to multipoint, which enables broadband connectivity to end-users. The PON is the ideal fit for the home internet as it provides flexible media transmission and reduced cabling infrastructure. There are several benefits of the PON including efficient power use, simplified infrastructure and ease to upgrade, efficient use of infrastructure, and ease of maintenance.

The key players contributing to the growth of the global PON market by adopting various strategies such as product launches and developments, mergers and acquisitions, partnerships, and agreements, include Mitsubishi Electric Corp., Tellabs Inc., Hitachi Ltd., Verizon Communications Inc., Freescale Semiconductor Inc., and Sumitomo Electric Networks Inc., among others. For instance, in 2018, Verizon Communications Inc. announced that the company started the testing of Next-Generation Passive Optical Network 2 (NG-PON2) which is the first fiber network that does not require active amplification due to signal loss. It will offer various benefits including lower latency, faster speeds, simplification of operations, and increased automation in the fiber network. 

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Structure

o By Component

o By Application

• Regions covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- Mitsubishi Electric Corp., Tellabs Inc., Hitachi Ltd., Verizon Communications Inc., Freescale Semiconductor Inc., among others. 
  

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Passive Optical Network (PON) Market -segmentation

By Structure 

• Gigabyte Passive Optical Network (GPON)
• Ethernet Passive Optical Network (EPON)
• Wavelength-Division Multiplexing Passive Optical Network (WDM-PON)

By Component 

• Optical Network Terminal (ONT)
• Optical Line Terminal (OLT)

By Application 

• FTTx
• Mobile Backhaul

Global Passive Optical Network (PON) Market –segmentation by region