Global PON (Passive Optical Network) ONU (Optical Network Unit) equipment shipment volume is estimated to top 90 million units by 2023 with a CAGR (Compound Annual Growth Rate) of 1.9% for the period 2019-2023, according to MIC (Market Intelligence & Consulting Institute), a Taipei-based government-backed IT research institute. "Global PON ONU equipment shipments have benefited from tens of millions of new subscribers every year in Chinese market since 2016. The output of ONU terminals exceeded 100 million units in both 2016 and 2017 with value of nearly USD 4.4 billion and USD 3.9 billion, respectively," says Remus Hsu, senior industry analysts with MIC.

Worldwide PON ONU Equipment Shipment Value, 2016 - 2023

Source: MIC, April 2019

"The fierce competition not only has benefited the FTTH (Fiber To The Home) supply chains that cover upstream components and downstream OEM/ODM assembly services but also has lured more Chinese players to join the bandwagon."

To see more about this report, please visit: The Global PON ONU Equipment Market, 2019-2023 (1Q 2019 Update)

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Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry.