Passive Optical Network Market 2023 – Market Size, Share, Demand And Forecast To 2032 | Sumitomo Electric Networks Inc., Verizon Communications Inc., Tellabs Inc., Freescale Semiconductor Inc., Hitachi Ltd.

The Business Research Company’s Passive Optical Network Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Passive Optical Network Global Market Report 2023 evaluates passive optical network market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global passive optical network market size grew from $16.88 billion in 2022 to $20.63 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The passive optical network market size is expected to grow to $38.24 billion in 2027 at a CAGR of 16.7%.

The passive optical network market segments in the report are:

Passive Optical Network Market By Component:
Optical Power Splitters
Optical Filters
Wavelength Division Multiplexer/De-Multiplexer

Passive Optical Network Market By Structure:
Ethernet Passive Optical Networks (EPON)
Optical Network Terminal (ONT)
Optical Line Terminal (OLT)
Gigabit Passive Optical Network (GPON)
Optical Network Terminal (ONT)
Optical Line Terminal (OLT)

Passive Optical Network Market By Application:
Residential Service (FTTH)
Business Service (Other FTTx)
Mobile Backhaul

Top Major Players:

Sumitomo Electric Networks Inc.
Verizon Communications Inc.
Tellabs Inc.
Freescale Semiconductor Inc.
Hitachi Ltd.

North America was the largest region in the passive optical network market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

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The table of contents in TBRC’s passive optical network market report includes:

1. Executive Summary
2. Passive Optical Network Market Characteristics
3. Passive Optical Network Market Trends And Strategies
4. Passive Optical Network Market – Macro Economic Scenario
5. Passive Optical Network Market Size And Growth
……
26. Africa Passive Optical Network Market
27. Passive Optical Network Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Passive Optical Network Market
29. Passive Optical Network Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Passive Optical Network Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Passive Optical Network Market, Segmentation By Structure, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Passive Optical Network Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

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Table 46: Sumitomo Electric Networks Inc Financial Performance

Table 47: Verizon Communications Inc Financial Performance

Table 48: Tellabs Inc Financial Performance

Table 49: Freescale Semiconductor Inc Financial Performance

Table 50: Hitachi Ltd Financial Performance

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