DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vdvt5t/global_passive) has announced the addition of the "Global Passive Optical Network Equipment Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Passive Optical Network Equipment market to grow at a CAGR of 29.28 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for high bandwidth. The Global Passive Optical Network Equipment market has also been witnessing the upgradation of network architecture. However, the limited infrastructure for fiber-optic networks could pose a challenge to the growth of this market.
Key vendors dominating this market space include Huawei Technologies Co. Ltd., ZTE Corp., Mitsubishi Electric Corp., Sumitomo Electric Networks Inc., and Cisco Systems Inc.
Other vendors mentioned in the report: Alcatel Lucent, Calix Network Inc., Freescale Semiconductor Inc., Telefonaktiebolaget LM Ericsson, PMC-Sierra Inc., Tellabs Inc., and UTStarcom Inc.
Commenting on the report, an analyst from TechNavio's Networking team said: ''Service providers and telecom operators are upgrading their network and infrastructure to meet the demand for video, online gaming, peer-to-peer (P2P) networking, and other bandwidth-intensive applications. This has increased the demand for Passive Optical Network (PON) equipment. Moreover, fiber-to-the-home (FTTH) is gaining precedence over digital subscriber line (DSL) network architecture due to capacity constraints of the latter. In addition, the adoption of 100 Gbps optical fibers, components, and reconfigurable optical add-drop multiplexer (ROADM) equipment are expected to increase sharply in the next two years to upgrade optical fiber networks and replace non-optical fiber networks.''
According to the report, one of the main growth drivers is the increasing demand for high bandwidth. Owing to the higher penetration rate of the internet and proliferation of bandwidth-hungry devices, the demand for optical networking equipment has increased to process this huge data traffic.
For more information visit http://www.researchandmarkets.com/research/vdvt5t/global_passive