Optical Communication and Networking Market Scope
Optical networks provide high-speed communication through data by light as infra-rays or optic signals. The optical networking and communication market is expected to witness exponential growth over the forecast period due to the increasing need for reliable and faster networks. Additionally, increasing deployment of LTE, VOIP and 5G Networks and rising adoption of cloud-based services and virtualization expected to fuel the market growth during the forecasted period.
According to AMA, the Global Optical Communication and Networking market is expected to see growth rate of 8.31%
The global optical communication and networking market is fragmented owing to the presence of several small and large dealers who compete in terms of price, quality, reputation, innovation, and distribution. To sustain themselves in such a competitive market environment, it is important for the market players to discriminate their product offerings through a unique and clear value proposition. Also, vendors need to focus on the expansion of their distribution channels to increase their product availability and market penetration. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Optical Communication and Networking market throughout the predicted period.
Huawei Technologies Co. (China), Nokia (Finland), Cisco (United States), Ciena (United States), ADTRAN (United States), ZTE (China), Broadcom (United States), Finisar (United States), Fujitsu Optical Components (Japan), Infinera (United States), ADVA Optical Networking (Germany), NEC (Japan), Juniper Networks (United States), Ericsson (Sweden), Lumentum Operations (United States), Calix (United States), Oclaro (United States), Arista Networks (United States), NeoPhotonics (United States), Mitsubishi Electric (Japan) and ECI Telecom (Israel) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Corning (United States) and Coriant (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Optical Communication and Networking market by Type (Optical Fibers [Single-Mode Fiber, Multimode Fiber], Optical Transceivers [SFF and SFP, SFP+ and SFP28, QSFP, QSFP+, QSFP14, and QSFP28, CFP, CFP2, and CFP4, XFP, CXP], Optical Amplifiers [Erbium Doped Fiber Amplifiers, Fiber Raman Amplifiers, Semiconductor Optical Amplifiers], Optical Switches [All-Optical Switch, Electro-Optical Switch], Optical Splitters, Optical Circulators and Others [Optical Filters, Optical Aggregators]), by Application (Telecom, Data Center and Enterprise) and Region with country level break-up.
On the basis of geography, the market of Optical Communication and Networking has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Increasing Applications in Data Centers
Market Drivers
- Rising Adoption of Cloud-Based Services and Virtualization
- Growing Internet Penetration and Data Traffic
Opportunities
- Increasing Deployment of LTE, VOIP, and 5G Networks
- Growing Focus on Network Infrastructure in Developing Countries
Restraints
- High Initial Investment
- Network Complexity in Optical Networking and Communication
Challenges
- Issues Related With Physical Damage and Transmission Losses
Key Target Audience
Optical Communication and Networking Services Providers, Technology Providers, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others