Wilmington, Delaware, United States, Oct. 18, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global passive optical LAN (POL) market was estimated to have acquired US$ 29 billion in 2020. It is anticipated to register a 23.6% CAGR from 2021 to 2031 and by 2031, the market is likely to gain US$ 295 billion.
POL is an energy- and cost-efficient technology with a unique single-mode fiber topology. Since single-mode fiber can accommodate numerous devices, POL requires less cable. The global market is driven by the growing use of passive optical networks, which provide corporate LAN (POL) environments with increased security, dependability, cost-effectiveness, and space savings over fiber. The rising use of cloud-based and live-streaming services propels demand for high-speed Internet even more.
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