Global Gigabit Passive Optical Network (GPON) Chipset Market was valued US$ XX Bn in 2019 and is expected to reach US$ 3.4 Bn by 2027, at a CAGR of around XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Gigabit Passive Optical Network (GPON) tech is the latest-generation broadband passive optical access tech based on ITU-TG.984.x standard, which is by high efficiency, high bandwidth, wide-coverage, rich user interface and so on. It's considered as an ideal tech to gather broadband access network services. Higher bandwidth, unmatched security, and greater reliability offered by GPON chipsets are likely to drive the gigabit passive optical network (GPON) chipset market, especially in India, during the forecast period.
Additionally, growing digitization and mass adoption of smart and connected digital devices by businesses, governments, and consumers are other factors expected to fuel the market in the next few years. However, the limited range capability of GPON chipsets is acting as a hurdle in the adoption of GPON chipsets across the globe.
The report provides detailed, information related to drivers, restraint and opportunity of the global gigabit passive optical network (GPON) Chipset market and categorizes it at various levels, thereby providing valuable insights at micro and macro levels.
In 2018, IT & telecom segment accounted for a leading gigabit passive optical network (GPON) chipset market share. The residential segment is likely to increase at a significant CAGR during the forecast period. This is mostly attributable to high demand for next-generation GPON chipsets for high-speed broadband services.
Region-wise, the Asia Pacific is expected to increase rapidly between 2019 and 2026, owing to ongoing technological innovations in the region. The market in Middle East & Africa is projected to witness growth at a moderate rate during the forecast period. The GPON chipset market in South America is expected to witness sluggish growth from 2019 to 2026.
Several major players operating in the global market for Global Gigabit Passive Optical Network (GPON) Chipset such as Adtran, Alphion, AT & T etc. ADTRAN solutions raise existing technology infrastructures and create new, multi-gigabit platforms that leverage cloud economics, data analytics, machine learning and open ecosystems the future of global networking.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections