Gigabit Passive Optical Network Market Size to Surpass USD
From GlobeNewswire: 2025-02-21 10:00:00
The Gigabit Passive Optical Network market was valued at USD 6.7 billion in 2023, expected to reach USD 12.9 billion by 2032 with a CAGR of 7.49%. Major players include Huawei, ZTE, Nokia, and Cisco. GPON supports 5G infrastructure growth, with Asia-Pacific leading investments. FTTH and 2.5 GPON dominate segments, while healthcare shows fastest growth. Asia-Pacific leads market dominance. The Gigabit Passive Optical Network market is seeing growth in Asia, with China, India, Japan, and South Korea leading the way in high-speed internet adoption. North America is also expected to see significant growth due to fiber-optic network deployment and 5G infrastructure investments. Recent developments from Huawei and Calix are aimed at meeting increasing bandwidth demands and expanding broadband services.
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