Global Optical Network Terminal (ONT) Equipment Market Report and Forecast 2024-2032

Global Optical Network Terminal (ONT) Equipment Market Outlook

The global optical network terminal (ONT) equipment market is expected to grow in the forecast period of 2024-2032 at a CAGR of 5.4%.

Rising Use of Fibre Optics in the Telecommunication Industry Propelling the Market for Optical Network Terminal (ONT) Equipment

The increasing use of fibre optics in telecommunication infrastructure is propelling the market for optical network terminal (ONT) equipment. As the demand for efficient gigabit transmission in the telecommunication industry is surging, the use of innovative optical network terminal (ONT) equipment to rapidly convert fibre network signals is escalating, which is significantly contributing to the growth of the market. Moreover, the development of higher-performing cellular networks and the advent of the 5G network to meet the growing demand for fast communication services are increasing the utilisation of optical network terminal (ONT) equipment, thereby invigorating the market growth.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The growing demand for fast and reliable internet connectivity in the healthcare industry is driving the growth of the market. The extensive use of connected medical devices in hospitals and speciality centres is surging the demand for high-speed networks. Moreover, the deployment of optical network terminal (ONT) equipment to provide uninterrupted networks while reducing installation costs of gigabit passive optical network (GPON) is significantly contributing to the growth of the market. As optical network terminal (ONT) equipment has durable and multi-use fibre, it is increasingly deployed in the healthcare industry to boost environmental friendliness and sustainability, hence fuelling the market growth.

Optical Network Terminal (ONT) Equipment: Market Segmentation

Optical network terminal (ONT) equipment is a device that communicates with the Internet Service Provider (ISP) and terminates optical fibres at the premises of the consumer. It converts optic signals into electrical signals and vice-versa for use in television, television, and ethernet. It delivers video, data, and voice traffic efficiently to boost consumer experience.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The major types of optical network terminal (ONT) equipment are:

• Single router
• Multi router

The market can be broadly categorised on the basis of its applications into:

• Oil and Gas
• Submarine
• Transportation
• Mining
• Healthcare
• Energy 
• Others

The EMR report looks into the regional markets of optical network terminal (ONT) equipment like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Growing Deployment of Optical Fibres to Augment the Optical Network Terminal (ONT) Industry

As various governments are increasingly bolstering their technological capabilities, they are rolling out optical fibres in remote parts to enhance connectivity. This, in turn, is surging the demand for optical network terminal (ONT) equipment to convert optical and electric signals. For instance, in August 2020, the Indian government announced that it was expected to roll out optical fibre networks for over six lakh villages within 1000 days. Furthermore, the low deployment and maintenance costs of innovative optical network terminal (ONT) equipment are surging their use, hence driving the market growth. The automation of activation and configuration of optical network terminal (ONT) equipment is increasing their demand in small enterprises and residential uses, which is providing further impetus to the market growth.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The increasing data traffic is surging the demand for efficient optical network terminal (ONT) equipment, which is propelling the market growth. The integration of battery backup options in optical network terminal (ONT) equipment to provide internet services during power outages is also augmenting the industry growth.  In addition, the development of innovative optical network terminal (ONT) equipment that offers high bandwidths, enhanced reliability, and cost-effectiveness is expected to provide further impetus to the growth of the market in upcoming years.

Key Industry Players in the Global Optical Network Terminal (ONT) Equipment Market

The report presents a detailed analysis of the following key players in the global optical network terminal (ONT) equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• ADVA Optical Networking
• Alcatel-Lucent
• Ciena
• Cisco
• Coriant
• Fujitsu
• Huawei 
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report