With the development of numerous advanced technologies including 5G network, 4K video streaming, and Internet of Things, GPON market has been anticipated to accrue substantial gains by 2024. As these services require high scalability and bandwidth, high-capacity networks have been installed to accomplish network capacity requirements. This trend will drive GPON market size, forecast to surpass $16 billion by 2024.
How will the emergence of 5G technology impact GPON market size?
5G networks can transmit the data with significantly higher speed. The network is designed to support modern IoT use cases. The demand for FTTH networks will grow to support the 5G infrastructure as they can offer a better coverage and support high-bandwidth intensive applications. 5G networks offer more capacity per device and support new types of solutions due to the mass introduction of Machine-to-Machine (M2M) communications. The proliferation of 5G will thus positively impact GPON market growth.
To access a sample copy or view the GPON market report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/2954
Does NG-PON2 technology segment hold the potential to drive GPON market?
NG-PON2 technology allows service providers to combine their numerous services into one. It can help to decrease the total cost of the network. The technology supports multiple wavelengths and provides a higher combined bandwidth for bandwidth-intensive services. The NG-PON2 sector in the GPON technology industry has been forecast to grow at a CAGR of nearly 20% over 2018-2024.
How will the remuneration landscape of GPON market fare in the Asia Pacific region?
Asia Pacific GPON market will be driven by an increased penetration of services like IP television (IPTV) and Video on Demand (VoD) transmission along with high-speed internet access networks. To combat the growing network demands, operators have been installing Gigabit PON (GPON) and Passive Optical Networks (PON) solutions. Asia Pacific GPON technology market has been anticipated to witness a CAGR of around 7% over 2018-2024.