Asia Pacific is as of now indicating extremely lucrative demand for PON structures and gear. The vast majority of this interest increment is ascribed to the fast system usage of China and India. China has assumed a key job in the development of PON hardware players in the ongoing past and is required to keep doing as such for the coming years. A factor that permits China to show a higher PON request than most different nations is the sheer volume of information being moved across systems. The sum just as pace of information traffic in the nation is making numerous clients change from remote systems to wired modes, consequently expanding the utilization of PON gear. India has proposed to fabricate what the nation will call the National Optical Fiber Network. The NOFN is a piece of an arrangement to upgrade the availability between various towns across India. The resultant dim fiber organize is required to altogether improve the country's network. These developments shall propel the growth of Asia Pacific in global passive optical network equipment market.

The worldwide interest for PON gear is relied upon to rise rapidly because of the predominance of optics in systems administration. PONs are effectively adaptable, give propelled security, are profoundly dependable for consistency, and help advance the data transfer capacity availability. Moreover, PON gear are anything but difficult to introduce and keep up in contrast with customary systems and furthermore don't discharge electromagnetic radiation because of their dielectric nature. Owing to these developments the global passive optical network equipment market shall witness a substantial growth in coming years.

Ecological traditionalists are additionally positive about PON usage due to their eco-accommodating nature, in contrast with ordinary copper-based link systems. PON and its latent neighborhood additionally disposes of the requirement for workgroup switches. These demands shall propel the growth of global passive optical network equipment market from 2015 to 2023.

Global Passive Optical Network (PON) Equipment Market: Snapshot

The global demand for PON equipment is expected to rise quickly due to the superiority of optics in networking. PONs are easily scalable, provide advanced security, are highly reliable for consistency, and help optimize the bandwidth connectivity. Additionally, PON equipment are easy to install and maintain in comparison to conventional networks and also do not emit electromagnetic radiation due to their dielectric nature.

Environmental conservationists are also positive about PON implementation due to their eco-friendly nature, in comparison to conventional copper-based cable networks. PON and its passive local area network also helps eliminate the need for workgroup switches.

Factors such as these are responsible for the extremely optimistic 20.7% CAGR displayed by PON equipment revenue from 2015 to 2023. This market is expected to be valued at US$163.50 bn by the end of 2023.

High PON Equipment Demand in Asia Pacific Draws Global Players to the Region

Asia Pacific is currently showing a very high demand for PON structures and equipment. Most of this demand increase is attributed to the rapid network implementations of China and India. China has played a key role in the growth of PON equipment players in the recent past and is expected to continue doing so for the coming years. A factor that allows China to show a higher PON demand than most other countries is the sheer volume of data being transferred across networks. The amount as well as rate of data traffic in the country is causing many users to switch from wireless networks to wired modes, thus increasing the consumption of PON equipment.

India has proposed to build what the country will call the National Optical Fiber Network. The NOFN is a part of a plan to enhance the connectivity between different villages across India. The resultant dark fiber network is expected to significantly improve the nation’s connectivity.

GPON Preferred More While EPON Developments Enable Better Adoption

By the end of 2023, gigabit passive optical networks are expected to hold 70.24% of the market over their counterpart structure, the Ethernet passive optical network. The key reasons for the higher implementation of GPON structure and equipment include the use of GPON encapsulation method, which helps service providers develop efficient subscriber packaging with their frames in segments. GPON also permits a more diverse array of bit rate options. They are, however, largely determined by the industry standards of a regions.

EPON structures, on the other hand, are proliferating at a rapid rate owing to backhaul carriage services that can be offered in 3G and 4G mobile technologies. Technological advancements are also allowing EPON structures to be completely compatible with the current Ethernet standards, which removes the need to modify speeds during connection. However, EPON structures are currently being limited in use due to the large-scale usage of GPON structures.

Key PON equipment providers in the world currently are Huawei Technologies Co., Ltd., ZTE Corporation, Alcatel-Lucent S.A., and Calix, Inc. They own large revenue shares of the market and are collectively creating a highly consolidated market.