HOME Top Market Reports Optical Communication and Networking Market by Component (Fiber, Transceiver, Amplifier, Switch, Splitter, Circulator), Technology (WDM, SONET, and Fiber Channel), Application (Telecom, Data Center, and Enterprise) and Geography - Global Forecast to 2023

Optical Communication and Networking Market by Component (Fiber, Transceiver, Amplifier, Switch, Splitter, Circulator), Technology (WDM, SONET, and Fiber Channel), Application (Telecom, Data Center, and Enterprise) and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: October 2017
Report Code: SE 2994

 

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The optical communication and networking market is expected to grow from USD 13.85 Billion in 2016 to USD 24.12 Billion by 2023, at a CAGR of 8.1% between 2017 and 2023. This report provides a detailed analysis of the optical communication and networking market based on component, technology, application, and geography. The rising adoption of cloud-based services and virtualization, increasing internet penetration and data traffic technology, and growing data center deployments are the major driving factors for the market.

Years considered for this report are as follows:

2016: Base year
2017: Estimated year
2023: Forecast year
2017–2023: Forecast period

The objectives of the report are as follows:

  • To define, describe, segment, and forecast the global optical communication and networking  market, in terms of value, on the basis of component, technology, application, and geography
  • To define, describe, segment, and forecast the global optical communication and networking  market, in terms of volume, on the basis of component
  • To forecast the market size, in terms of value, for the verticals with regard to four main regions, namely, the Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To strategically analyze the micromarkets with regard to the individual growth trends, prospects, and contribution to the optical communication and networking market
  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the optical communication and networking  market
  • To analyze opportunities in the market for stakeholders and the details of the competitive landscape for market leaders
  • To provide a detailed overview of the value chain in the optical communication and networking  industry
  • To analyze competitive developments such as mergers, acquisitions, partnerships, agreements, collaborations, and product launches, along with research and development (R&D) in the optical communication and networking market
  • To strategically profile key players in the optical communication and networking market and comprehensively analyze their market ranking and core competencies

The research methodology used to estimate and forecast the optical communication and networking market begins with capturing data on key vendor revenue through secondary sources such as The Optical Society (OSA), IEEE Communications Society (ComSoc), The Fiber Optic Association, Inc., and Journal of Optical Communications and Networking. Moreover, vendor offerings are also considered to determine the market segmentation. The top-down and bottom-up procedures have been employed to arrive at the overall size of the optical communication and networking market on the basis of the revenues of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the following figure:

Optical Networking and Communications Market

To know about the assumptions considered for the study, download the pdf brochure

This report provides valuable insights on the optical communication and networking ecosystem including raw material suppliers, component manufacturers, system integrators, suppliers and distributors, and end users. The major optical component manufacturers of optical networking components are Broadcom (US), Finisar (US), Lumentum Operations (US), Oclaro (US), NeoPhotonics (US), Sumitomo Electric Industries (Japan), Corning (US), and others. The major manufacturers of optical network manufacturers include Huawei (China), Cisco (US), Nokia (Finland), Ciena (US), ZTE (China), and Infinera (US).

The end users of the optical communication and networking market include long haul and metro service providers such as Verizon (US), AT&T (US), and China Mobile (China); data center owners such as Microsoft (US), Google (US), and Facebook (US); cable operators and multiple system operators such as Time Warner Cable (US), Masergy (US), and Vodafone (UK); mobile operators such as Deutsche Telekom (Germany), Telefonica (Spain), and Orange (France); wireline carriers such as Telkom (South Africa), Telestra (Australia), and Singtel (Singapore); Internet and cloud centers such as DE-CIX (Germany), Hetzner (Germany), and SysEleven (Germany); healthcare enterprises such as Geisinger (US), NewYork-Presbyterian Hospital (US), and Kaleida Health (US); and financial enterprises such as Deutsche Bank (Germany), Consors Bank (Germany), and Credit Suisse (Switzerland).

Key Target Audience:

  • Raw material and manufacturing equipment suppliers
  • Electronic design automation (EDA) and design tool vendors
  • Component manufacturers
  • Original equipment manufacturers (OEMs)
  • Integrated device manufacturers (IDMs)
  • Original design manufacturers (ODMs)
  • ODM and OEM technology solution providers
  • Assembly, testing, and packaging vendors
  • Technology, service, and solution providers
  • Intellectual property (IP) core and licensing providers
  • Suppliers and distributors
  • Government and other regulatory bodies
  • Technology investors
  • Research institutes and organizations
  • Market research and consulting firms

The study answers several questions for the stakeholders, primarily, which market segments to focus on in the next 2–5 years (depending on the range of the forecast period) for prioritizing the efforts and investments.

Report Scope:

In this report, the optical communication and networking equipment market has been segmented on the basis of the following categories. Additionally, the industry trends have also been detailed in the report.

  • Optical Communication and Networking  Market, by Component
    • Optical Fibers
    • Optical Transceivers
    • Optical Amplifiers
    • Optical Switches
    • Optical Splitters
    • Optical Circulators
    • Others
  • Optical Communication and Networking Market, by Technology
    • WDM
    • SONET
    • Fiber Channel
  • Optical Communication and Networking Market, by Application
    • Telecom
    • Data Center
    • Enterprise
  • Optical Communication and Networking Market, by Geography
    • Americas:
      • US
      • Canada
      • Mexico
      • Brazil
      • Rest of the Americas
    • Europe:
      • Germany
      • UK
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific (APAC):
      • China
      • Japan
      • South Korea
      • India
      • Rest of APAC
    • Rest of the World (RoW):
      • Middle East
      • Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies in the optical communication and networking market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix that provides a detailed comparison of product portfolio of each company

Company information

  • Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Key Data From Primary Sources
                    2.1.2.3 Key Industry Insights
                    2.1.2.4 Breakdown of Primaries
           2.1.3 Secondary and Primary Research
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
           2.2.3 Market Share Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Opportunities in the Optical Communication and Networking Equipment Market
    4.2 Optical Communication and Networking Equipment Market, By Application
    4.3 Optical Communication and Networking Equipment Market, By Component
    4.4 Country-Wise Analysis of the Optical Communication and Networking Equipment Market
    4.5 Optical Communication and Networking Equipment Market, By Region
    4.6 Optical Communication and Networking Equipment Market, By Technology

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Adoption of Cloud-Based Services and Virtualization
                    5.2.1.2 Increasing Internet Penetration and Data Traffic
                    5.2.1.3 Growing Data Center Deployments
           5.2.2 Restraints
                    5.2.2.1 High Initial Investment
                    5.2.2.2 Increasing Network Complexity
           5.2.3 Opportunities
                    5.2.3.1 Deployment of Voip, Lte, and 5g Networks
                    5.2.3.2 Extension of Network in Developing Countries
                    5.2.3.3 Adoption of Iot
           5.2.4 Challenges
                    5.2.4.1 Threat to Optical Network Security Due to Fiber Hacks
                    5.2.4.2 Physical Damage and Transmission Losses
    5.3 Value Chain Analysis

6 Optical Communication and Networking Equipment Market, By Component (Page No. - 52)
    6.1 Introduction
    6.2 Optical Fibers
           6.2.1 Single-Mode Fiber
           6.2.2 Multimode Fiber
    6.3 Optical Transceivers
           6.3.1 SFF and SFP
           6.3.2 SFP+ and SFP28
           6.3.3 QSFP, QSFP+, QSFP14, and QSFP28
           6.3.4 CFP, CFP2, and CFP4
           6.3.5 XFP
           6.3.6 CXP
    6.4 Optical Amplifiers
           6.4.1 Erbium-Doped Fiber Amplifiers
           6.4.2 Fiber Raman Amplifiers
           6.4.3 Semiconductor Optical Amplifiers
    6.5 Optical Switches
           6.5.1 All-Optical Switch
           6.5.2 Electro-Optical Switch
    6.6 Optical Splitters
    6.7 Optical Circulators
    6.8 Others
           6.8.1 Optical Filters
           6.8.2 Optical Aggregators

7 Optical Communication and Networking Equipment Market, By Technology (Page No. - 69)
    7.1 Introduction
    7.2 Sonet/SDH
    7.3 WDM
           7.3.1 CWDM
           7.3.2 DWDM
    7.4 Fiber Channel

8 Optical Communication and Networking Equipment Market, By Application (Page No. - 76)
    8.1 Introduction
    8.2 Telecom
    8.3 Data Center
    8.4 Enterprise

9 Geographic Analysis (Page No. - 84)
    9.1 Introduction
    9.2 Americas
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
           9.2.4 Brazil
           9.2.5 Rest of Americas
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 UK
           9.3.4 Italy
           9.3.5 Rest of Europe
    9.4 Asia Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 South Korea
           9.4.4 India
           9.4.5 Rest of APAC
    9.5 Rest of the World
           9.5.1 Middle East
           9.5.2 Africa

10 Competitive Landscape (Page No. - 108)
     10.1 Overview
     10.2 Market Ranking Analysis
     10.3 Competitive Scenario

11 Company Profiles (Page No. - 112)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
     11.1 Introduction
     11.2 Huawei
     11.3 Cisco
     11.4 Ciena
     11.5 Nokia
     11.6 Finisar
     11.7 ZTE
     11.8 Adtran
     11.9 Infinera
     11.10 Adva
     11.11 Fujitsu Optical Components
     11.12 Key Innovators
             11.12.1 Eci Telecom
             11.12.2 Calix
             11.12.3 Oclaro
             11.12.4 Lumentum
             11.12.5 Neophotonics
     11.13 Other Key Players
             11.13.1 Broadcom
             11.13.2 NEC
             11.13.3 Juniper
             11.13.4 Ericsson
             11.13.5 Corning
             11.13.6 Coriant
             11.13.7 Mitsubishi Electric
             11.13.8 Arista
             11.13.9 Sumitomo
             11.13.10 Padtec

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 157)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (65 Tables)

Table 1 Optical Communication and Networking Equipment Market, By Component, 2015–2023 (USD Million)
Table 2 Optical Communication and Networking Equipment Market, By Component, 2015–2023 (Million Units)
Table 3 Optical Communication and Networking Equipment Market for Optical Fibers, By Region, 2015–2023 (USD Million)
Table 4 Optical Communication and Networking Equipment Market for Optical Fibers, By Application, 2015–2023 (USD Million)
Table 5 Optical Communication and Networking Equipment Market for Optical Fibers, By Mode, 2015–2023 (USD Million)
Table 6 Optical Communication and Networking Equipment Market for Single-Mode Optical Fibers, By Region, 2015–2023 (USD Million)
Table 7 Optical Communication and Networking Equipment Market for Single-Mode Optical Fibers, By Application, 2015–2023 (USD Million)
Table 8 Optical Communication and Networking Equipment Market for Multimode Optical Fibers, By Region, 2015–2023 (USD Million)
Table 9 Optical Communication and Networking Equipment Market for Multimode Optical Fibers, By Application, 2015–2023 (USD Million)
Table 10 Optical Communication and Networking Equipment Market for Optical Transceivers, By Form Factor, 2015–2023 (USD Million)
Table 11 Optical Communication and Networking Equipment Market for Optical Transceivers, By Region, 2015–2023 (USD Million)
Table 12 Optical Communication and Networking Equipment Market for Optical Transceivers, By Application, 2015–2023 (USD Million)
Table 13 Optical Communication and Networking Equipment Market for Optical Amplifiers, By Region, 2015–2023 (USD Million)
Table 14 Optical Communication and Networking Equipment Market for Optical Amplifiers, By Application, 2015–2023 (USD Million)
Table 15 Optical Communication and Networking Equipment Market for Optical Switches, By Region, 2015–2023 (USD Million)
Table 16 Optical Communication and Networking Equipment Market for Optical Switches, By Application, 2015–2023 (USD Million)
Table 17 Optical Communication and Networking Equipment Market for Optical Splitters, By Region, 2015–2023 (USD Million)
Table 18 Optical Communication and Networking Equipment Market for Optical Splitters, By Application, 2015–2023 (USD Million)
Table 19 Optical Communication and Networking Equipment Market for Optical Circulators, By Region, 2015–2023 (USD Million)
Table 20 Optical Communication and Networking Equipment Market for Optical Circulators, By Application, 2015–2023 (USD Million)
Table 21 Optical Communication and Networking Equipment Market for Other Components, By Region, 2015–2023 (USD Million)
Table 22 Optical Communication and Networking Equipment Market for Other Components, By Application, 2015–2023 (USD Million)
Table 23 Optical Communication and Networking Equipment Market, By Technology, 2015–2023 (USD Million)
Table 24 Optical Communication and Networking Equipment Market for Sonet Technology, By Region, 2015–2023 (USD Million)
Table 25 Optical Communication and Networking Equipment Market for WDM Technology, By Type, 2015–2023 (USD Million)
Table 26 Optical Communication and Networking Equipment Market for WDM Technology, By Region, 2015–2023 (USD Million)
Table 27 Optical Communication and Networking Equipment Market for CWDM, By Region, 2015–2023 (USD Million)
Table 28 Optical Communication and Networking Equipment Market for DWDM, By Region, 2015–2023 (USD Million)
Table 29 Optical Communication and Networking Equipment Market for Fiber Channel Technology, By Region, 2015–2023 (USD Million)
Table 30 Optical Communication and Networking Equipment Market, By Application, 2015–2023 (USD Million)
Table 31 Optical Communication and Networking Equipment Market for Telecom, By Component, 2015–2023 (USD Million)
Table 32 Optical Communication and Networking Equipment Market for Telecom, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 33 Optical Communication and Networking Equipment Market for Telecom, By Region, 2015–2023 (USD Million)
Table 34 Optical Communication and Networking Equipment Market for Data Center, By Component, 2015–2023 (USD Million)
Table 35 Optical Communication and Networking Equipment Market for Data Center, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 36 Optical Communication and Networking Equipment Market for Data Center, By Region, 2015–2023 (USD Million)
Table 37 Optical Communication and Networking Equipment Market for Enterprise, By Component, 2015–2023 (USD Million)
Table 38 Optical Communication and Networking Equipment Market for Enterprise, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 39 Optical Communication and Networking Equipment Market for Enterprise, By Region, 2015–2023 (USD Million)
Table 40 Optical Communication and Networking Equipment Market, By Region, 2015–2023 (USD Million)
Table 41 Optical Communication and Networking Equipment Market in Americas, By Component, 2015–2023 (USD Million)
Table 42 Optical Communication and Networking Equipment Market in Americas, By Technology, 2015–2023 (USD Million)
Table 43 Optical Communication and Networking Equipment Market in Americas, By Application, 2015–2023 (USD Million)
Table 44 Optical Communication and Networking Equipment Market in Americas, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 45 Optical Communication and Networking Equipment Market for WDM Technology in Americas, By Type, 2015–2023 (USD Million)
Table 46 Optical Communication and Networking Equipment Market in the Americas, By Country, 2015–2023 (USD Million)
Table 47 Optical Communication and Networking Equipment Market in Europe, By Component, 2015–2023 (USD Million)
Table 48 Optical Communication and Networking Equipment Market in Europe, By Technology, 2015–2023 (USD Million)
Table 49 Optical Communication and Networking Equipment Market in Europe, By Application, 2015–2023 (USD Million)
Table 50 Optical Communication and Networking Equipment Market in Europe, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 51 Optical Communication and Networking Equipment Market for WDM Technology in Europe, By Type, 2015–2023 (USD Million)
Table 52 Optical Communication and Networking Equipment Market in Europe, By Country, 2015–2023 (USD Million)
Table 53 Optical Communication and Networking Equipment Market in APAC, By Component, 2015–2023 (USD Million)
Table 54 Optical Communication and Networking Equipment Market in APAC, By Technology, 2015–2023 (USD Million)
Table 55 Optical Communication and Networking Equipment Market in APAC, By Application, 2015–2023 (USD Million)
Table 56 Optical Communication and Networking Equipment Market in APAC, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 57 Optical Communication and Networking Equipment Market for WDM Technology in APAC, By Type, 2015–2023 (USD Million)
Table 58 Optical Communication and Networking Equipment Market in APAC, By Country, 2015–2023 (USD Million)
Table 59 Optical Communication and Networking Equipment Market in RoW, By Component, 2015–2023 (USD Million)
Table 60 Optical Communication and Networking Equipment Market in RoW, By Technology, 2015–2023 (USD Million)
Table 61 Optical Communication and Networking Equipment Market in RoW, By Application, 2015–2023 (USD Million)
Table 62 Optical Communication and Networking Equipment Market in RoW, By Optical Fiber Mode, 2015–2023 (USD Million)
Table 63 Optical Communication and Networking Equipment Market for WDM Technology in RoW, By Type, 2015–2023 (USD Million)
Table 64 Optical Communication and Networking Equipment Market in RoW, By Region, 2015–2023 (USD Million)
Table 65 Market Ranking of Top 5 Players in the Optical Communication and Networking Equipment Market, 2016


List of Figures (50 Figures)

Figure 1 Research Design
Figure 2 Process Flow of Market Size Estimation
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown & Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Optical Transceiver to Witness the Highest Growth in the Optical Communication and Networking Equipment Market During the Forecast Period
Figure 8 WDM Technology to Hold the Largest Share of the Optical Communication and Networking Equipment Market Throughout the Forecast Period
Figure 9 Data Center Application to Hold the Largest Share of the Optical Communication and Networking Equipment Market Throughout the Forecast Period
Figure 10 APAC to Register the Highest CAGR in the Optical Communication and Networking Equipment Market During the Forecast Period
Figure 11 Rapid Adoption of Cloud and High-Speed Computing Driving the Optical Communication and Networking Equipment Market Growth
Figure 12 Data Center Application Expected to Dominate the Optical Communication and Networking Equipment Market During the Forecast Period
Figure 13 China to Hold the Largest Share of the Market in APAC in 2017
Figure 14 US Expected to Hold the Largest Share of the Optical Communication and Networking Equipment Market in 2017
Figure 15 Optical Communication and Networking Equipment Market in APAC Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 WDM Technology to Hold the Largest Share of the Optical Communication and Networking Equipment Market During the Forecast Period
Figure 17 Rising Adoption of Cloud-Based Services and Virtualization and Growing Data Center Deployments Driving the Growth of the Optical Communication and Networking Equipment Market
Figure 18 Cloud Service Trends: SaaS to Be the Most Widely Deployed Global Cloud Service From 2015 to 2020
Figure 19 Global IP Traffic, 2016–2021
Figure 20 Global Mobile Data Traffic and Internet Penetration Between 2016 and 2021
Figure 21 Global Data Center IP Traffic Growth
Figure 22 Data Center Growth: Regional View
Figure 23 Global Number of Connections, By Technology
Figure 24 5g Adoption Forecast
Figure 25 Unique Subscriber Penetration, By Region
Figure 26 Number of Connected Devices to Reach Nearly 50 Billion By 2020: Cisco Perspective
Figure 27 Increasing Penetration Rate of Connected Objects (2012–2020)
Figure 28 Value Chain Analysis: Major Value is Added By the Research, Design, and Development Personnel and Original Equipment Manufacturers
Figure 29 Optical Transceiver to Register the Highest CAGR in the Market During the Forecast Period
Figure 30 WDM Technology to Hold the Largest Share of the Market During the Forecast Period
Figure 31 Data Center Application to Register the Highest CAGR During the Forecast Period
Figure 32 Optical Communication and Networking Equipment Market: Geographic Snapshot
Figure 33 Americas: Optical Communication and Networking Equipment Market Snapshot
Figure 34 Europe: Optical Communication and Networking Equipment Market Snapshot
Figure 35 APAC: Optical Communication and Networking Equipment Market Snapshot
Figure 36 RoW: Optical Communication and Networking Equipment Market Snapshot
Figure 37 Companies in the Optical Communication and Networking Equipment Market Adopted Product Launches as the Key Growth Strategy Between January 2015 and September 2017
Figure 38 Optical Communication and Networking Equipment Market Evaluation Frame
Figure 39 Product Launch Was Prominent Strategy Adopted By Major Players in Optical Communication and Networking Equipment Market
Figure 40 Geographic Revenue Mix for Major Market Players
Figure 41 Huawei: Company Snapshot
Figure 42 Cisco: Company Snapshot
Figure 43 Ciena: Company Snapshot
Figure 44 Nokia: Company Snapshot
Figure 45 Finisar: Company Snapshot
Figure 46 ZTE: Company Snapshot
Figure 47 Adtran: Company Snapshot
Figure 48 Infinera: Company Snapshot
Figure 49 Adva: Company Snapshot
Figure 50 Fujitsu Optical Components: Company Snapshot

The optical communication and networking market is expected to be worth USD 24.12 Billion by 2023, growing at a CAGR of 8.1% from USD 15.11 Billion in 2017. Some of the key factors driving the growth of this market are the growing adoption of cloud-based services and virtualization, and growing data center deployments.

Among all the major components considered for the optical communication and networking market study, optical switches held the largest share of the market in 2016. Data communication networks make use of optical fibers due to their large bandwidth requirement. Optical switches are used in fiber optic transmission systems to contribute to the development of the optical network. Optical switches enable reduction in the number of network equipment, increase the switching speed, and reduce power consumption. The market for optical transceivers is expected to grow at the highest CAGR during the forecast period owing to the introduction and adoption of new applications such as wearable devices, IoT, and cloud computing to address evolving consumer needs.

The optical communication and networking market for the WDM technology accounted for the largest share of the market in 2016. The manufacturers of WDM-based equipment invest huge amounts in next-generation optical network technologies, such as ROADM, so that they can provide faster and higher transmission capacity networks to their customers. The market for fiber channel is expected to grow at the highest CAGR during the forecast period. Fiber channels ensure that all storage data arrives at its network destination without loss at extreme throughput and low latency while operating at high utilization rates without data collisions or the need for retransmission.

The data center application held the largest share of the market in 2016. Also, it is expected to grow at the highest CAGR between 2017 and 2023 owing to the mainstream adoption of cloud computing and the growing use of the Internet by smartphones and other connected devices.

The Americas held the largest share of the optical communication and networking market in 2016. This region has emerged as a major data center and cloud computing hub, which has ultimately made it the largest consumer of optical communication and networking as data center is the leading application for this market. The market in APAC is expected to grow at the highest CAGR between 2017 and 2023 owing to the extension of the network in China, Thailand, Malaysia, South Korea, India, and other developing countries in APAC. The APAC region is the largest producer as well as consumer of smartphones, laptops, TVs, and various other data-generating devices across the globe. This further makes it one of the largest consumers of the Internet, and the trend is expected to continue during the forecast period.

Optical Networking and Communications Market

The market for optical communications networking hardware and software solutions is characterized by rapidly evolving technologies, changes in market demand, and increasing adoption of software-based networking solutions. Thus, a network equipment manufacturer has to incur high initial investment to maintain the quality of products and gain a competitive edge in this market. The increasing network complexity further restrains the growth of the optical communication and networking market.

The major players in the optical communication and networking market are Huawei Technologies Co. (China), Nokia (Finland), Cisco (US), Ciena (US), ADTRAN (US), ZTE (China), Broadcom (US), Finisar (US), Fujitsu Optical Components (Japan), Infinera (US), ADVA Optical Networking (Germany), NEC (Japan), Juniper Networks (US), Ericsson (Sweden), Corning (US), and Coriant (US). Most of the leading companies have followed the organic strategy of product launches to boost their revenues.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Available Customizations Title

Client Customization Problem Statement :

Optical Networking and Communications Market by Hardware and Vertical specifically for Mexico.

Solution Provided:

In this deep-dive customization, MnM provided market numbers for Hardware and Applications segment in M....

In this deep-dive customization, MnM provided market numbers for Hardware and Applications segment in Mexico.

Hardware and Application subsegments are further sub-divided into the subsequent sub-applications like

Hardware

  • Optical Fibre
  • Optical Amplifiers
  • Optical Switches
  • Optical Splitters
  • Fiber Optic Circulators
  • Optical Transceivers
  • Others

Fiber Optic Sensors

  • Applications
  • Aerospace and Defense
  • Government
  • Manufacturing
  • Submarine
  • Mining
  • Transportation
  • Oil & Gas
  • Healthcare
  • Telecom
  • Energy & Utilities
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