Global Passive Optical LAN Market Size study & Forecast, by Component (Optical Cables, Coupler, Power Splitter, Connector), By Type (GPON, EPON), By Application (Loop Feeder, Synchronous Optical Network), By End User (Manufacturing, BFIS, Education, Healt

Global Passive Optical LAN Market Size study & Forecast, by Component (Optical Cables, Coupler, Power Splitter, Connector), By Type (GPON, EPON), By Application (Loop Feeder, Synchronous Optical Network), By End User (Manufacturing, BFIS, Education, Healthcare, Government) and Regional Analysis, 2023-2030

Global Passive Optical LAN Market is valued approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Passive optical LAN is a type of local area network that uses fiber optic cabling and passive elements such as optical splitters. POLs are frequently used as an enterprise fiber-to-the-desk option. The Passive Optical LAN Market is expanding because of factors such as the growing demand for the high-speed internet and increasing popularity of green IT initiatives. Moreover, the rising demand for high-speed internet has led to an increase in the deployment of fiber to the home networks across the globe. Its importance has progressively increased during the last few decades.

According to the Statista in 2023, there were 5.18 billion users of the internet worldwide, accounting for 64.6 % of the global population. Social media was used by 4.8 billion people, around 59.9 % of the world's population. Passive optical LANs require less power than typical Ethernet networks, making them an appealing green IT solution. According to the Statista in 2023, The green technology industry is predicted to grow between 2021 and 2030. In 2021, this market accounts USD 35.5 billion and projected to rise at a compound annual growth rate of 21.6% from 2022 to 2030, up to USD 417.35 billion. In addition, rising technological advancements in Optical LAN and increasing demand of high bandwidth networks would create lucrative growth opportunity. However, high installation cost and rising emergence of wireless network stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Passive Optical LAN Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia-Pacific is expected to dominate the market during the forecast period owing to the growing need for passive optical networks in the region and increase in data traffic, widespread usage of electronic devices by a significant number of clients. Asia Pacific is fastest growing region also during the forecast period, owing to factors such as technological advancement, expansion of fiber optic network in the region.

Major market player included in this report are:
Huawei Technologies Co. Ltd. (China)
Ericsson Inc. (Sweden)
Alcatel Lucent Sa (France)
Tyco electronics Connectivity Ltd. (Switzerland)
Adtran Inc. (U.S.)
ZTE Corporation (China)
Verizon Communications Inc. (U.S.)
Minnesota Mining Manufacturing Company (U.S)
Tellabs Inc. (U.S)
Zhone Technologies Inc. (U.S)

Recent Developments in the Market:
In August 2021, The Association for Passive Optical LAN (APOLAN), a non-profit organisation that promotes Passive Optical Local Area Networks (POL) education and adoption worldwide, declared that POL has advantages for improving and advancing wireless network design. To support the advancement of wireless technologies, fiber-based networks provide seamless scalability with unsurpassed speed, efficiency, and simplified architecture.

In May 2021, Data services using Gigabit Passive Optical Networking were introduced by AirFiber, an internet service provider firm headquartered in India.

Global Passive Optical LAN Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Component, Type, Application, End-User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Component:
Optical Cables
Coupler
Power Splitter
Connector

By Type:
GPON
EPON

By Application:
Loop Feeder
Synchronous Optical Network

By End-User:
Manufacturing
BFIS
Education
Healthcare
Government

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Huawei Technologies Co. Ltd. (China)
Ericsson Inc. (Sweden)
Alcatel Lucent Sa (France)
Tyco electronics Connectivity Ltd. (Switzerland)
Adtran Inc. (U.S.)
ZTE Corporation (China)
Verizon Communications Inc. (U.S.)
Minnesota Mining Manufacturing Company (U.S)
Tellabs Inc. (U.S)
Zhone Technologies Inc. (U.S)

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