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The global gigabit passive optical network (GPON) market was valued at USD 7.3 billion in 2024 and is projected to grow at a CAGR of 9.4% between 2025 and 2034. 5G network rollouts require robust fiber backhaul to support higher data rates and lower latency as deployment of 5G networks is growing. GPON technology is crucial, providing necessary fiber connectivity between cell sites and core networks. Its high bandwidth, cost-effectiveness, and reliability make it ideal for 5G fronthaul and backhaul.
For instance, according to GSM Association, by the end of 2023, approximately 300 5G networks had been launched globally. Excluding mainland China, 5G population coverage reached 40% and is projected to hit 80% by 2029. Currently, there are 830 4G networks worldwide, with 346 upgraded to LTE-Advanced and 161 achieving Gigabit capability. As 5G deployments accelerate globally, demand for GPON equipment and solutions is expected to grow significantly.
Moreover, the surge in bandwidth-intensive applications, remote work, online education, and streaming services has driven the demand for high-speed internet. GPON technology, offering up to 2.5 Gbps downstream and 1.25 Gbps upstream, surpasses traditional network solutions. Service providers are increasingly adopting GPON to meet current demands and future-proof their networks.