India Passive Optical Network (PON) Equipment Market to Exhibit 21% CAGR 2014-2020 Driven by Need for Higher Bandwidth
According to a recent market research report published by Transparency Market Research, the India passive optical network equipment market is estimated to expand robustly at a CAGR of 21.0% during the period between 2014 and 2020. The report, titled “Passive Optical Network (PON) Equipment Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” projects the passive optical network equipment market in India to reach a valuation of US$1,175.5 mn by 2020.The overall market was worth US$268.6 mn in 2013. In terms of volume, the market is anticipated to expand at a CAGR of 15.7% during the forecast horizon and reach a market size of 38.3 mn units by 2020. In 2013, the market’s volume was worth 7.1 mn units.
Browse the full Passive Optical Network (PON) Equipment Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at https://www.transparencymarketresearch.com/passive-optical-network-equipment-market.html
Passive optical network, better known as PON, ensures connectivity from one access point to multiple end users. The system implements point-to-multipoint network or fiber to the premises (FTTP) where optical splitters accumulate and break down optical signals that are travelling through the network. PON consists of an optical line terminal at the service provider’s office and a number of optical network units near end-users.
The report states that the growing demand for secure and reliable network operation has boosted the growth of the PON equipment market in India. PON equipment is an eco-friendly substitute to traditional networks. Low costs of ownership and high return on investment have further augmented the market’s growth in India. However, high component cost at operator’s interface might negatively effect the demand for PON equipment in the India market. The rising need for higher bandwidth is securing robust demand for PON equipment in the coming years.
On the basis of structure, the report categorizes the PON equipment market in India into Ethernet Passive Optical Network (EPON) and Gigabit Passive Optical Network (GPON). EPON offers services such as residential broadband, IPTV and voice services, and enterprise services. 3G and 4G mobile backhaul carriage services are also offered by EPON. On the other hand, GPON services provide high-speed video, data, and voice services to residential and business subscribers. In 2013, the demand for EPON was the highest. In terms of revenue and volume, the EPON segment accounted for 51.3% and 63.6% of the overall market, respectively.
According to components, the GPON market has been segmented into Optical Line Terminal (OLT) and Optical Network Terminal (ONT). The ONT segment dominated the overall market in 2013. Volume-wise, the segment accounted for 73.1% of the GPON market in India.
Describing the competitive landscape, the report profiles some of the key players in the Indian PON equipment market such as Adtran Inc., Alphion India Pvt. Ltd., Broadcom Corporation Inc., Ericsson Inc., Calix Inc., Freescale Semiconductors Inc., Huawei Technologies Co. Ltd., Hitachi, Ltd., Motorola Solutions Inc., Mitsubishi Electric Corporation, and Verizon Communications Inc. The report further provides detailed information about the key players including their company overview, financial overview, product portfolio, business strategies, and recent developments.
India passive optical network equipment (PON) market has been segmented as:
India Passive Optical Network (PON) Equipment Market: By Structure
- Gigabit passive optical network (GPON) Equipment
- Ethernet passive optical network (EPON) Equipment
India Gigabit Passive Optical Network (GPON) Equipment Market: By Components
- Optical Network Terminal (ONT)
- Optical Line Terminal (OLT)
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