Industry Background:
Optical communication equipment offers tremendous benefits over typical communication systems in terms of low weight & size, reduced material value, zero magnetic attraction interference, exaggerated information measure, and bigger power savings, and additionally facultative easier, faster, reliable, and secure transmission of data. Optical installation is principally utilized by broadband service suppliers, network operators, enterprises, and therefore the government. The products that are included during this section embody glass fiber, WAN, LAN, bridges, routers, gateways, telephones sets, etc.This growth is primarily driven by The rise in Penetration of Smart Devices and Smart Phones and Increase in Employment of Broadband Services due to Digitization and Globalization.
Globally, a noticeable market trend is evident Integration with Advanced Technologies like Cloud Computing and Cloud Storage. The Communications Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Huawei Technologies Co. (China), Nokia (Finland), Cisco (United States), ADTRAN (United States), ZTE (China), Broadcom (United States), Finisar (United States), Fujitsu Optical Components (Japan), NEC (Japan), Juniper Networks (United States) and Ericsson (Sweden) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2019, Ciena Corporation acquired privately-held Centina, a leading provider of service assurance analytics and network performance management solutions. This acquisition will lead to accelerating companies’ software strategy of providing closed-loop, intelligent automation solutions that help communications service providers improve operational transparency and smoothness while delivering a highly justified customer experience.
In March 2019, Huawei launched the world’s initial single wavelength 50G passive optical network (PON) model, which offers the data transfer rate of fifty Gbps downstream transmission and twenty-five Gbps/50 Gbps upstream transmission rates over one wavelength. This launch shows Huawei's move to support 50G PON analysis.
Market Drivers
- The rise in Penetration of Smart Devices and Smart Phones
- Increase in Employment of Broadband Services due to Digitization and Globalization
Market Trend
- Integration with Advanced Technologies like Cloud Computing and Cloud Storage
Restraints
- High Cost of Long-Distance Cables Pose a Challenge For Optical Communication
Opportunities
Growth of Increase in Usage of Internet Worldwide Due to Increased Social Networking, Gaming, and Online Shopping
Challenges
Rapid Change in Network Communication Technology
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Optical Communication Equipment Study Sheds Light on
The Optical Communication Equipment Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Optical Communication Equipment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Optical Communication Equipment industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.