Optical line terminal (OLT) is a device that works as a service provider endpoint of a passive optical network (PON). Optical line terminal mainly performs conversion between different signals i.e. electrical and fiber optic passive component signals generated from various systems. Further, it provides coordination between multiplexing and conversions devices on the network. Optical line terminals also perform functions such as downstream frame processing, wavelength division multiplexing, upstream frame processing, and control signal generation. Service providers such as telecom vendors and local Internet integrators are using Gigabit passive optical network (GPON) OLT and Ethernet passive optical network (EPON) OLT devices for offering application services to users or customers. With the use of passive optical splitters, OLT serves multiple end-point users without the loss of information. The optical line terminal offers increased transmission speeds and wider bandwidth with reliable and secure network operation between the end-points of terminals. Optical line terminal shares a single platform, enabling smooth evolution and supporting ultra-bandwidth access and IPv4/IPv6 dual-stack.
The global optical line terminal market is primarily driven by the adoption of advanced and mature technologies in telecommunication networks. Additionally, rise in demand for reliable and secure network operation is expected to boost the demand for optical line terminals across the world. Moreover, growing need for better transmission capability and higher bandwidth of telecommunication network in the form of optical signals is further accelerating the demand for optical line terminals worldwide. Currently, the demand for a durable chip is anticipated to boost the demand for optical line terminals around the globe. Furthermore, optical line terminals have environment-friendly and energy-efficient designs that augment their demand. Additionally, stabilized prices and economic growth of regions are further expected to drive the growth of the market in the near future. However, high initial cost of components for operators is anticipated to restrain the growth of the optical line terminal market during the forecast period.
The global optical line terminal market can be segmented based on component, type, application, end-use, and region. Based on component, the market can be split into optical power splitters, optical filters, and wavelength division multiplexers/de-multiplexes. Based on type, the global optical line terminal market can be categorized into GPON OLT and EPON OLT. In terms of application, the optical line terminal market can be classified into Internet access, TV, voice call/VoIP, camera monitoring, and others. Based on end-use, the global optical line terminal market can be divided into banking, financial services and insurance (BFSI); IT & telecom; health care; government; and others (manufacturing).
In terms of region, the global optical line terminal market can be segmented into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The optical line terminal market in North America is estimated to grow rapidly during the forecast period due to rising focus on eco-friendly network solutions, increasing higher bandwidth applications, and expanding fiber city projects in the region. The optical line terminal market in Asia Pacific is anticipated to grow significantly during the forecast period. The region is estimated to present attractive opportunities to the optical line terminal market in the near future. Factors such as increase in digitization in the countries in Asia Pacific is propelling the demand for optical line terminal. Increasing penetration of Internet in countries such as India and China is driving the adoption of optical line terminal in the region.
Major players operating in the global optical line terminal market include Cisco Systems, Inc., DASAN Zhone Solutions, Huawei Technologies Co., Ltd., FS.COM, Hitachi, Ltd., Fiber Optic Telecom Co. Ltd., Exfiber Optical Technologies Co., Ltd., Opterna International Corp, Mitsubishi Electric Corporation, and Motorola Solutions, Inc.
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