Gigabit Passive Optical Network (GPON) Technology Market Analysis and Forecast 2024-2028
The global market for Gigabit Passive Optical Network (GPON) technology is forecast to grow substantially, with a projected increase of USD 44.66 billion at a Compound Annual Growth Rate (CAGR) of 27.77% from 2023 to 2028. This growth is driven by several factors, including the shift from traditional copper networks to fiber optics, as well as the increasing demand for faster data speeds and higher bandwidth. Additionally, the rise of smart city initiatives is further fueling the need for GPON technology, as it supports essential services like traffic management, public Wi-Fi, and video surveillance. Click here to download Gigabit Passive Optical Network(GPON) Technology Market Sample PDF Key Market Insights Market Size and Growth The GPON market is witnessing impressive growth, driven primarily by the increasing deployment of fiber-to-the-home (FTTH) and fiber-to-the-x (FTTx) technologies. With greater demand for high-speed connectivity, GPON offers a reliable and efficient solu...