IT & Communication Technology

Gigabit Passive Optical Network (GPON) Chipset Market 2024 | Size, Top Trends, Growth, Share, Key Drivers | Verizon Communications Inc., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Mitsubishi Electric Corporation

Overview and Scope
A gigabit passive optical network (GPON) chipset is a technology that delivers high-speed internet access over an optical fiber network. The purpose of a gigabit passive optical network (GPON) chipset is to provide high-speed data transmission over optical fibers cost-effectively and efficiently. It consists of an optical line terminal (OLT) at the service provider’s end and multiple optical network units (ONUs) at the user’s end.

Sizing and Forecast
The gigabit passive optical network (GPON) chipset market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.68 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to demand for high-speed broadband, fiber optic infrastructure expansion, growth of the telecommunication industry, increased bandwidth requirements, rapid urbanization.

The gigabit passive optical network (GPON) chipset market size is expected to see strong growth in the next few years. It will grow to $3.48 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to 5G networks, smart city initiatives, increased fiber-to-the-home (FTTH), remote work and telecommuting, gaming streaming services. Major trends in the forecast period include industrial IoT, connected vehicles, network virtualization, green technology, security enhancements, emerging technologies.

To access more details regarding this report, visit the link:

https://www.thebusinessresearchcompany.com/report/gigabit-passive-optical-network-gpon-chipset-global-market-report

Segmentation & Regional Insights
The gigabit passive optical network (GPON) chipset market covered in this report is segmented –

1) By Type: 2.5G-GPON Technology, 10G-GPON Technology, XGS-PON Technology, NG-PON2 Technology
2) By Equipment: Optical Line Termination (OLT), Optical Network Unit (ONU), Optical Distribution Network (ODN)
3) By Application: Fiber-To-The-Home (FTTH), Fiber-To-The-Building (FTTB), Fiber-To-The-Curb (FTTC), Other Applications
4) By End-Use Industry: Hospitals, Residential, Information Technology And Telecom, Government Institutions, Other End-Use Industries

Asia-Pacific was the largest region in the gigabit passive optical network (GPON) chipset market in 2023. The regions covered in the gigabit passive optical network (GPON) chipset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:

https://www.thebusinessresearchcompany.com/sample_request?id=14386&type=smp

Major Driver Impacting Market Growth

The increasing demand for high-speed internet connectivity is expected to propel the growth of the gigabit passive optical network (GPON) chipset market going forward. High-speed internet connectivity refers to the ability to access the internet at significantly faster speeds than traditional dial-up connections. With the increasing demand for seamless and fast data transmission, there is a rising demand for high-speed internet. GPON chipsets enable high-speed internet connectivity by utilizing fiber-optic technology to transmit gigabit data rates, facilitating efficient and fast broadband communication. For instance, in November 2023, according to the Telefonaktiebolaget LM Ericsson Mobility Report, a Sweden-based networking and telecommunications company, in 2023, a projected 610 million new 5G subscriptions are expected, marking a 63% increase from 2022 and reaching a global total of 1.6 billion. Moreover, by the end of 2029, the number is anticipated to surpass 5.3 billion, showcasing sustained growth in 5G adoption. Therefore, increasing demand for high-speed internet connectivity drives the gigabit passive optical network (GPON) chipset market.

Key Industry Players
Major companies operating in the gigabit passive optical network (GPON) chipset market are Verizon Communications Inc., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Mitsubishi Electric Corporation, Broadcom Inc., Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, ZTE Corporation, NXP Semiconductors N.V., Motorola Solutions Inc., Marvell Technology Group Ltd., FiberHome Telecommunication Technologies Co. Ltd., Realtek Semiconductor Corp., Tellabs Inc., Zyxel Communications Corp., ADTRAN Inc., Calix Inc., Allied Telesis Inc., Ubiquoss Inc., XAVi Technologies Corporation

The gigabit passive optical network (gpon) chipset market report table of contents includes:

1. Executive Summary

2. Gigabit Passive Optical Network (GPON) Chipset Market Characteristics

3. Gigabit Passive Optical Network (GPON) Chipset Market Trends And Strategies

4. Gigabit Passive Optical Network (GPON) Chipset Market – Macro Economic Scenario

5. Global Gigabit Passive Optical Network (GPON) Chipset Market Size and Growth

…..

32. Global Gigabit Passive Optical Network (GPON) Chipset Market Competitive Benchmarking

33. Global Gigabit Passive Optical Network (GPON) Chipset Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Gigabit Passive Optical Network (GPON) Chipset Market

35. Gigabit Passive Optical Network (GPON) Chipset Market Future Outlook and Potential Analysis

36. Appendix

Explore the trending research reports from TBRC:

https://www.thebusinessresearchcompany.com/report/network-automation-global-market-report

https://www.thebusinessresearchcompany.com/report/gigabit-passive-optical-network-global-market-report

https://www.thebusinessresearchcompany.com/report/content-delivery-network-global-market-report

Contact Us:

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Hazelnut Market Outlook 2024-2033: Trends and Projections

Market Size - The hazelnut market size has grown strongly in recent years. It will…

8 hours ago

IoT Gateway Devices Market Expansion 2024-2033: Growth Drivers and Dynamics

Market Size - The IoT gateway devices market size has grown rapidly in recent years.…

9 hours ago

Zinc Rich Coating Market Outlook 2024-2033: Trends and Projections

Market Size - The zinc rich coating market size has grown rapidly in recent years.…

9 hours ago

Time-Sensitive Networking (TSN) Market Outlook 2024-2033: Trends and Projections

Market Size - The time-sensitive networking (TSN) market size has grown exponentially in recent years.…

9 hours ago