DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2rnksw/passive_optical) has announced the addition of the "Passive Optical Network Equipment Market in the APAC Region 2012-2016" report to their offering.
TechNavio's analysts forecast the Passive Optical Network Equipment market in the APAC region to grow at a CAGR of 32.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing growth of PON equipment in China. The Passive Optical Network Equipment market in the APAC region has also been witnessing the evolution of optical network architecture. However, the limited infrastructure for fiber-optic networks could pose a challenge to the growth of this market.
The key vendors dominating this market space are Alcatel-Lucent, Huawei Technologies Co. Ltd., Mitsubishi Electric Corp., Sumitomo Electric Networks Inc., and ZTE Corp.
The other vendors mentioned in the report are Calix Network Inc., Cisco Systems Inc., Freescale Semiconductor Inc., PMC-Sierra Inc., Telefonaktiebolaget LM Ericsson, Tellabs Inc., and UTStarcom Inc.
According to the report, the technology adoption in developing Asian countries is one of the major drivers in the Passive Optical Network Equipment market in the APAC Region. The growth of the Passive Optical Network Equipment market in Asian countries such as Japan and South Korea have saturated, due to high optical deployment in previous years. However, the vendors in various other Asian countries such as China and India are adopting passive optical network solutions for their fiber-optic infrastructure at a rapid pace, ensuring healthy future growth of the Passive Optical Network Equipment Market in the APAC Region.
Further, the report discusses that the increasing technical complexities of optical networking is one of the major challenges in the Passive Optical Network Equipment market in the APAC Region.
For more information visit http://www.researchandmarkets.com/research/2rnksw/passive_optical