Passive Optical Lan Market to Expand with Significant CAGR During 2024
The market for passive optical LAN (POL) is poised for substantial growth in the coming years, registering a double-digit CAGR through the forecast period. Escalating bandwidth requirements, coupled with the energy efficient nature of passive optical components, is driving the POL market. The growth of networking technologies in the Asia Pacific and RoW markets, increasing fiber deployments, and rising investments in technological advancements and research infrastructure across both the regions are also propelling the passive optical LAN market.
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