Passive Optical Network (Pon) Equipment Market Analysis 2013 - 2019

Transparency Market Research

Passive Optical Network Equipment Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019

Published Date June-2014 Single User License:

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Press Release Global Passive Optical Network (PON) Equipment Market is Expected to Reach USD 13.57 billion in 2019: Transparency Market Research

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Passive Optical Network Equipment Market

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According to a new market report published by Transparency Market Research "Passive Optical Network (PON) Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019," global passive optical network equipment market was valued at USD 3.97 billion in 2013, growing at a CAGR of 22.7% from 2014 to 2019 to account for USD 13.57 billion in 2019. Rising demand for energy conservation coupled with rise in fiber-to-the-home (FTTH) subscribers in the European region has bolstered the growth of passive optical network (PON) equipment market. Furthermore, low cost of ownership, high return on investments, advanced security, optimized bandwidth connectivity and simplified network operations are other factors driving growth in passive optical network equipment market. High investment in research infrastructure, technological advancements and growing demand for higher bandwidth serve as excellent opportunities for the market and are expected to reinforce the passive optical network equipment market in the years to come. Gigabyte passive optical network (GPON) equipment accounted for two-thirds of the market share in 2013, due to rapid usage of PON equipment. The GPON equipment market is expected to grow at a CAGR of 26.5% over the...