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Monday, January 10, 2022

Global Optical Network Terminal (ONT) Equipment Market to be Driven by the Rising Use of Fibre Optics in the Forecast Period of 2022-2027

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

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The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 5.4%

The market for optical network terminal (ONT) is being aided by the growing deployment of fibre optics in telecommunication infrastructure. The rising demand for efficient transfer and transmission of a huge amount of data in the telecommunications industry is increasing the use of optical network terminal (ONT) equipment, hence augmenting the market growth. Moreover, the increasing demand for reliable and fast internet connectivity owing to the extensive use of connected devices in the healthcare industry is significantly contributing to the growth of the optical network terminal (ONT) industry. As the installation costs of gigabit passive optical network (GPON) are surging, the market for optical network terminal (ONT) is witnessing robust growth.

Industry Definition and Major Segments

Optical network terminal (ONT) equipment is a device that converts optical signals to electric signals and vice-versa. It communicates with the fibre to enhance the reliability of network speed. It increases the cost-effectiveness and efficiency of optical fibres. Optical network terminal (ONT) equipment is increasingly deployed in various industries like oil and gas, healthcare, and mining, among others.

Explore the full report with the table of contents@

The market, based on types, is divided into:

Based on applications, the market is classified into:

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

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

Market Trends

The growth of the optical network terminal (ONT) equipment is being propelled by the increasing deployment of optical fibres by governments, which, in turn, is increasing the demand for efficient optical network terminal (ONT). With the low maintenance, installation, and operation costs of optical network terminal (ONT) equipment, they are increasingly deployed in residential and small-sized enterprises, thereby augmenting the market growth. In addition, the development of innovative optical network terminal (ONT) equipment that can offer enhanced reliability, cost-effectiveness, and high bandwidths, among others, is expected to significantly contribute to the growth of the market in the forecast period.

Latest News on Global Optical Network Terminal (ONT) Equipment Market@

Key Market Players

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

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
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City: Sheridan
State: Wyoming
Country: United States

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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