Report ID: SQMIG45H2050
Report ID:
SQMIG45H2050 |
Region:
Global |
Published Date: December, 2024
Pages:
165
|
Tables:
90 |
Figures:
76
Passive Optical Network Market size was valued at USD 16.88 Billion in 2023 and is poised to grow from USD 20.63 Billion in 2024 to USD 97.34 Billion by 2032, growing at a CAGR of 22.2% during the forecast period (2025-2032).
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.
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Report ID: SQMIG45H2050