Increasing demand for high bandwidth coupled with rising number of internet users is driving the growth of Gigabit Passive Optical Network (GPON) market in India. Additionally, need for telecommunication to deliver triple play video, voice, and data has ignited the growth of passive optical network market. Additionally, various government initiatives such as BharatNet programme, Smart city project, digitalization of economy, etc., across the country would further propel GPON market in India.
According to 6Wresearch, India GPON Market is projected to grow at a CAGR of nearly 39.4% during 2019-25. In India's GPON market, the mobile backhaul segment is registering highest growth. The country is witnessing rapid rise in mobile backhaul application on account of introduction of 4G. Surging number of smartphone users coupled with online application such as Netflix, Amazon Prime etc., is resulting in rising demand for high speed internet over mobile network which is fueling the growth of mobile backhaul application. Additionally, upcoming 5G network in the coming years is likely to further push the demand for mobile backhaul market.
According to Anuj Mehrotra, Assistant Manager, 6Wresearch, "The commercial vertical segment is expected to emerge as one of the main demand drivers for GPON market in the country over the coming years. The development of the fiber optic network in offices and commercial building, hospitality, education, banking, etc., is surging which is complementing the growth of the overall market.
"Further, rising number of high rise commercial buildings, government initiatives for imparting digital education, rising security concerns in banking sector regarding sensitive data flow would bode well for the growth of GPON market in the commercial vertical," Anuj concluded
According to Ashish Kumar Jain, Research Associate, Research and Consulting, 6Wresearch, "India is witnessing rapid technological advancement and growing popularity of internet coupled with solutions such as video conferencing, internet protocol television (IPTV), rising demand for video as well as online games are supporting the development of high bandwidth access technology.
The access methods based on optical fiber are gaining popularity which are capable of providing end users with fast and consistent services. In addition, rising demand for secure and reliable networking solutions coupled with increased bandwidth are further fueling the demand for gigabit passive optical network," Ashish further added.
Some of the major companies in India GPON market include- Tejas Networks, Alphion, Adtran Networks, Nokia, ZTE Telecom, Huawei Technologies, Broadcom, Cisco, Genexis, and Mitsubishi Electric.
"India GPON Market (2019-2025)" report provides an in-depth analysis with 36 figures and 2 tables covered in 105 pages. The report estimates and forecast the overall India GPON market by structure, applications, technology, verticals, and regions. The report also offer insights on competitive landscape, companies benchmarking, company profiles, market drivers, and restraints which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.