NEW YORK, April 20, 2017 /PRNewswire/ -- The global Passive Optical Network (PON) market is expected to reach USD 43.43 billion by 2025, according to a new report conducted by Grand View Research, Inc. Passive optical network equipment offers higher efficiency with better bandwidth and utilizes larger variable length packets. The telecom operators in the industry are transitioning their switches from fiber to the business to the fiber to the home and fiber to the building rollouts leading to the growth of PON equipment.Read the full report: http://www.reportlinker.com/p04604974/Passive-Optical-Network-PON-Market-Analysis-By-Structure-GPON-EPON-WDM-PON-By-Component-OLT-ONT-By-Application-FTTx-Mobile-Backhaul-By-Region-And-Segment-Forecasts.htmlThe equipment market is consolidated in nature with few major players dominating their presence in the market. Hence, mergers and acquisitions and strategic alliances are formed to recognize the transformational value of the products associated. The advancements in the networking technologies have led to the development and adoption of optical network services.Furthermore, the increasing focus of players on upgrading the existing networks to PON for higher broadband speed and the growing number of connected devices both outside and inside the residentil complexes is anticipated to proliferate the industry.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/passive-optical-network-pon-market-analysis-by-structure-gpon-epon-wdm-pon-by-component-olt-ont-by-application-fttx-mobile-backhaul-by-region-and-segment-forecasts-2014---2025-300442879.html
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