Gigabit Passive Optical Network GPON Equipment Market Insights Video

According to Cognitive Market Research, the global Gigabit Passive Optical Network GPON Equipment market size was USD 6694.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 2677.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2008.35 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1539.74 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 334.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 133.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
• The Fixed Internet and Voice service category is the dominant segment in the Gigabit Passive Optical Network (GPON) equipment market. This dominance arises from the essential role GPON technology plays in providing high-speed.