The Global Optical Network Terminal Equipment (ONT) Market to be Driven by the Growing Use of Optical Fiber in the Forecast Period 2022-2027

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Expert Market Research’s new report titled ‘Global Optical Network Terminal Equipment (ONT) Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global Optical Network Terminal Equipment (ONT) Market ), assessing the market on the basis of its segments such as types, applications and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 5.4%

The optical network terminal (ONT) market is aided by the increasing deployment of optical fiber in telecommunication infrastructure. Growing demand for efficient transfer and transmission of huge amount of data in the telecommunications industry is increasing the usage of optical network terminal equipment (ONT), thereby augmenting the growth of the market. Additionally, the growing demand for reliable and fast internet connectivity owing to the extensive use of connected devices in the healthcare sector is contributing significantly to the growth of the Optical Network Terminal (ONT) industry. As gigabit passive optical network (GPON) installation costs increase, the optical network terminal (ONT) market is experiencing robust growth.

Industry definition and major segments

Optical network terminal equipment (ONT) is a device that converts optical signals to electrical signals and vice versa. It communicates with fiber to improve network speed reliability. It increases the cost effectiveness and efficiency of fiber optics. Optical network terminal (ONT) equipment is increasingly being deployed in various industries such as oil and gas, healthcare, and mining, among others.

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The market, based on types, is split into:

On the basis of applications, the market is classified into:

The regional markets for optical network terminal equipment (ONT) are:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market trends

The growth of optical network terminal equipment (ONT) is propelled by the increasing deployment of optical fibers by governments, which, in turn, increases the demand for efficient optical network terminals (ONT). With the low maintenance, installation and operation costs of optical network terminal equipment (ONT), they are increasingly being deployed in residential and small businesses, increasing the growth of the market. Further, the development of innovative Optical Network Terminal (ONT) equipment that can deliver high reliability, cost effectiveness, and high bandwidths, among others, is expected to contribute significantly to the market growth over the forecast period. .

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Main market players

Major market players are ADVA Optical Networking, Alcatel-Lucent, Ciena, Cisco, Coriant, Fujitsu, and Huawei, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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