Passive Optical Network Market Size, Share, Growth Analysis, By Technology(Gigabit Passive Optical Network (GPON), Ethernet Passive Optical Network (EPON), Others (NG-PON)), By Network Element(Optical Network Terminal (ONT), Optical Line Terminal (OLT), Optical Power Splitters), By Application(Residential Service (FTTH), Business Service (Other FTTx), Mobile Backhaul), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45H2050 | Region: Global | Published Date: February, 2024
Pages: 165 |Tables: 90 |Figures: 76

Passive Optical Network Market Insights

Passive Optical Network Market size was valued at USD 16.87 billion in 2019 and is poised to grow from USD 16.88 billion in 2023 to USD 79.66 billion by 2031, growing at a CAGR of 22.2% in the forecast period (2024-2031).

The Passive Optical Network Architecture is made up of three major network elements: the Optical Line Terminal (OLT), the Passive Optical Splitter, and the Optical Network Unit (ONU). Passive optical networks are used in a variety of services such as high-speed Internet access, VoIP, IPTV, video on demand, video telephony, and gaming.

The rising penetration of telecom and internet services, combined with rising bandwidth demand, has boosted demand for Gigabyte Passive Optical Network (GPON) equipment over the forecast period. Data-intensive services like video on demand, videoconferencing, and Voice over Internet Protocol (VoIP) are expected to increase the demand for Ethernet Passive Optical Network (EPON) equipment.

US Passive Optical Network Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 16.87 billion

Largest Segment

Optical Network Terminal (ONT)

Fastest Growth

Optical Network Terminal (ONT)

Growth Rate

22.2% CAGR

Global Passive Optical Network Market 2022-2028 ($ Mn)
Country Share for North America Region- 2021 (%)

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Passive Optical Network Market Segmental Analysis

The Global Passive Optical Network Market is segmented based on Technology, Network, Application and Region. Based on Technology it is categorized into Gigabit Passive Optical Network (GPON), Ethernet Passive Optical Network (EPON), and Others (NG-PON), Based on Network it is categorized into Element (Optical Network Terminal (ONT), Optical Line Terminal (OLT), and Optical Power Splitters); and Based on Applications it is categorized into (Residential Service (FTTH), Business Service (Other FTTx), and Mobile Backhaul) Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Passive Optical Network Market Analysis by Technology

Based on Technology, EPON segment has dominated the market and are expected to grow exponentially over the forecast year. The demand for internet has grown exponentially in recent years, and with more internet-based applications on the horizon, this demand is expected to reach unprecedented levels. Sensing an opportunity as a result of increasing demand, network providers and internet companies intend to be prepared to handle large data traffics over the network and meet the needs of each individual user. Because it is a point-to-multipoint system, a PON can transmit data more efficiently. The infrastructure requirement in this type of architecture is greatly reduced because the main transmission line can be split up into many small separate lines. There are several versions of PONs, all of which use optical cables and unpowered splitters.

Passive Optical Network Market Analysis by Network Element

During the forecast period, the optical network terminal segment in the passive optical network market is expected to grow at an exponential rate. PON can be used for both data-centric networks and full-service voice, data, and video networks. The next generation of access network development. Finally, they can provide the most bandwidth at the lowest cost. According to SQ analysis, telecommunication operators' network-related capital expenditures will need to be increased by at least 60% for the efficient and seamless application of Passive Optical Network technology in the near future from 2021 for a period of 4-5 years, which would be roughly double the Total Cost of Ownership (TCO) during the period.

Global Passive Optical Network Market By End Use, 2021 (%)

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Passive Optical Network Market Regional Insights

In 2021, North America is expected to dominate the passive optical network market. The market is driven by increasing higher bandwidth applications, expanding fibre city projects, and a growing emphasis on eco-friendly network solutions. Asia-Pacific is the fastest growing passive optical network market in terms of revenue, owing to a growing emphasis on cost-effective network solutions, increased fibre-to-the-premises (FTTP) deployment, and a continued focus on digital transformations in government and public sectors.

Global Passive Optical Network Market By Geography, 2022-2028
  • Largest
  • Fastest

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Passive Optical Network Market Dynamics

Passive Optical Network Market Driver

  • In comparison to other traditional networks, the growing awareness of global warming has resulted in an increased demand for eco-friendly solutions worldwide. Furthermore, rising demand for safe, secure, and reliable operation, as well as increased digitization, are expected to drive passive optical network market demand.
  • Increased fiber-to-the-home deployments for fast access to data, videos, voice, and services, as well as rising demand for a high-speed network at home for accessing smart systems, are also driving growth. Over the forecast period, demand is expected to be driven further by the increasing penetration of smart grids, e-governance services, and cloud computing.

Passive Optical Network Market Restraint

  • The high installation cost at the operator's interface, as well as the limited range of technology, may halt industry growth over the forecast period. Furthermore, the data bandwidth is not declared to individuals, which can slow down transmission speed during peak usage times which is also expected to affect the market over the forecast year.

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Passive Optical Network Market Competitive Landscape

The industry's service providers are primarily focused on developing technology for higher quality fibre used in network architecture. With increasing industry competition, industry players are working to simplify operations in order to drive further industry growth. The major competitors include Mitsubishi Electric Corp., Tellabs Inc., Hitachi Ltd., Verizon Communications Inc., Freescale Semiconductor Inc., and Sumitomo Electric Networks Inc.

Passive Optical Network Market Top Player’s Company Profiles

  • Huawei Technologies Co. Ltd.
  • Nokia Corporation
  • ZTE Corporation
  • FiberHome Technologies Group
  • Calix, Inc.
  • ADTRAN, Inc.
  • Mitsubishi Electric Corporation
  • Ciena Corporation
  • Fujitsu Ltd.
  • Dasan Zhone Solutions, Inc.
  • Alcatel-Lucent (Nokia)
  • Cisco Systems, Inc.
  • NEC Corporation
  • Hitachi, Ltd.
  • Ericsson AB
  • Broadcom Inc.
  • Corning Incorporated
  • Sumitomo Electric Industries, Ltd.
  • Adtran, Inc.
  • DASAN Networks, Inc.

Passive Optical Network Market Recent Developments

  • In August 2021, CommScope, a U.S.-based infrastructure provider, launched a coexistence portfolio to upgrade their PON networks in order to increase data speeds and deliver additional services without replacing or adding fibre to their existing PON infrastructure.
  • In May 2021, AirFiber Networks, an Indian internet service provider, will launch data services based on Gigabit Passive Optical Networking (GPON). AirFiber Networks will use Nokia's GPON solution to provide high-speed broadband services in Bangalore and underserved areas throughout the state of Tamil Nadu, with the goal of reaching over 100,000 subscribers in a year.

Passive Optical Network Key Market Trends

  • The increased demand for FTTH (Fiber to The Home) and FTTB (Fiber to The Business) networks, among others, as a result of global digitization, is expected to be one of the key factors driving market growth. The increase in government initiatives to promote digital evolution, as well as the availability of funding for conducting research and development to improve performance and expand applications of passive optical networks, is driving market growth.

Passive Optical Network Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, the global passive network (PON) equipment market is expected to grow due to an increasing demand for green network solutions. POL solutions are more environmentally friendly than traditional copper-based Ethernet local area networks. POL eliminates the need for workgroup switches in favour of optical splitters. As a result, it meets HVAC standards because it eliminates the use of thousands of KW of energy and acts as a more cost-effective option. Furthermore, rack mount switches are not required, which reduces the use of non-renewable electrical equipment and lowers power consumption. A passive optical network (PON) connects the WGT with a single fibre and a single type of optic.

Report Metric Details
Market size value in 2019 USD 16.87 billion
Market size value in 2031 USD 79.66 billion
Growth Rate 22.2%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • Gigabit Passive Optical Network (GPON), Ethernet Passive Optical Network (EPON), Others (NG-PON)
  • Network Element
    • Optical Network Terminal (ONT), Optical Line Terminal (OLT), Optical Power Splitters
  • Application
    • Residential Service (FTTH), Business Service (Other FTTx), Mobile Backhaul
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Huawei Technologies Co. Ltd.
  • Nokia Corporation
  • ZTE Corporation
  • FiberHome Technologies Group
  • Calix, Inc.
  • ADTRAN, Inc.
  • Mitsubishi Electric Corporation
  • Ciena Corporation
  • Fujitsu Ltd.
  • Dasan Zhone Solutions, Inc.
  • Alcatel-Lucent (Nokia)
  • Cisco Systems, Inc.
  • NEC Corporation
  • Hitachi, Ltd.
  • Ericsson AB
  • Broadcom Inc.
  • Corning Incorporated
  • Sumitomo Electric Industries, Ltd.
  • Adtran, Inc.
  • DASAN Networks, Inc.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Passive Optical Network Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Passive Optical Network Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Passive Optical Network Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Passive Optical Network Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Passive Optical Network Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Passive Optical Network Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Passive Optical Network Market size was valued at USD 16.87 billion in 2019 and is poised to grow from USD 16.88 billion in 2023 to USD 79.66 billion by 2031, growing at a CAGR of 22.2% in the forecast period (2024-2031).

The industry's service providers are primarily focused on developing technology for higher quality fibre used in network architecture. With increasing industry competition, industry players are working to simplify operations in order to drive further industry growth. The major competitors include Mitsubishi Electric Corp., Tellabs Inc., Hitachi Ltd., Verizon Communications Inc., Freescale Semiconductor Inc., and Sumitomo Electric Networks Inc. 'Huawei Technologies Co. Ltd.', 'Nokia Corporation', 'ZTE Corporation', 'FiberHome Technologies Group', 'Calix, Inc.', 'ADTRAN, Inc.', 'Mitsubishi Electric Corporation', 'Ciena Corporation', 'Fujitsu Ltd.', 'Dasan Zhone Solutions, Inc.', 'Alcatel-Lucent (Nokia)', 'Cisco Systems, Inc.', 'NEC Corporation', 'Hitachi, Ltd.', 'Ericsson AB', 'Broadcom Inc.', 'Corning Incorporated', 'Sumitomo Electric Industries, Ltd.', 'Adtran, Inc.', 'DASAN Networks, Inc.'

In comparison to other traditional networks, the growing awareness of warming has resulted in an increased demand for eco-friendly solutions worldwide. Furthermore, rising demand for safe, secure, and reliable operation, as well as increased digitization, are expected to drive passive optical network market demand.

The increased demand for FTTH (Fiber to The Home) and FTTB (Fiber to The Business) networks, among others, as a result of digitization, is expected to be one of the key factors driving market growth. The increase in government initiatives to promote digital evolution, as well as the availability of funding for conducting research and development to improve performance and expand applications of passive optical networks, is driving market growth.

In 2021, North America is expected to dominate the passive optical network market. The market is driven by increasing higher bandwidth applications, expanding fibre city projects, and a growing emphasis on eco-friendly network solutions. Asia-Pacific is the fastest growing passive optical network market in terms of revenue, owing to a growing emphasis on cost-effective network solutions, increased fibre-to-the-premises (FTTP) deployment, and a continued focus on digital transformations in government and public sectors.

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