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The global optical communication and networking equipment market size is expected to reach USD 34.47 Billion in 2028 and register a steady revenue CAGR of 8.4% over the forecast period, according to latest analysis by Emergen Research. Market revenue growth can be attributed to rising demand for high-speed network connectivity, increasing usage of smartphones and network connected devices, as well as increasing number of Internet users. These factors are further boosting adoption of optical communication and networking equipment, owing to increasing focus of companies on wavelength transmission of network connection.

Rising investments by major players in technological advancements such as Artificial Intelligence (AI)-based systems, cloud computing, and Internet of Things (IoT) are expected to further boost market growth during the forecast period. Rising demand for wearable devices, virtual services, and increasing need for network connectivity across commercial, institutional, and industrial sectors are also driving utilization of optical communication and networking equipment.

To help gain the business owner further gain business intelligence the study on the Optical Communication and Networking Equipment market for the forecast period 2021 – 2028 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.

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The report on the Optical Communication and Networking Equipment market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Optical Communication and Networking Equipment market

Leading players of Optical Communication and Networking Equipment including:
Cisco, Fujitsu Optical Components, Huawei Technologies Co., Ltd., Ciena Corporation, Finisar Corporation, Ericsson, Nokia Corporation, Juniper Network, Broadcom Corporation, Infinera Corporation, NEC Corporation, and Adtran Inc.

Some Key Highlights From the Report

In January 2021, Fujitsu Frontech North America Inc. launched FUJITSU cash automated solution called SmartCASH as part of S3. SmartCASH full recycling payment module is the world’s most compact standard capacity banknote and coin recycler on the market. It is designed to be deployed quickly for in-counter Point-Of-Sale (PoS) cash automation or as a complete free-standing self-checkout configuration.

Optical transceivers segment accounted for the largest revenue share in the optical communication and networking equipment market in 2020. Increasing development of high-speed networking technology to store data on servers to reduce the traffic would propel growth of this segment. Optical transceivers convert electrical data signals from data switches into optical signals.

WDM segment is expected to grow at a fast pace during the forecast period. Increasing demand for high-speed networks is further boosting demand of fiber optic transmission technique which enables multiple wavelengths to transmit data on the same medium. It is resulting in increasing shift towards wavelength division multiplexing in the optical communication and networking equipment

Data center segment expected to account for significant revenue share during the forecast period. Increasing adoption of cloud-based systems, expansion of high-speed network connectivity, and high data traffic due to increasing number of smartphone users and other network connected devices are driving market for optical communication and networking equipment

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Furthermore, the report divides the Optical Communication and Networking Equipment market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.

Emergen Research has segmented global optical communication and networking equipment market on the basis of component, technology, application, end-use, and region:

Component Outlook (Revenue, USD Billion; 2021–2028)

Optical Fibers

Optical Transceivers

Optical Amplifiers 

Optical Circulators 

Optical Sensors

Others

Technology Outlook (Revenue, USD Billion; 2021–2028)

SONET

Fiber Channel

WDM

Application Outlook (Revenue, USD Billion; 2021–2028)

Telecom

Data Center

Enterprise

End-use Outlook (Revenue, USD Billion; 2021–2028)

BFSI

IT & Telecommunication

Healthcare

Commercial

Energy & Utilities

Others

Region wise performance of the Optical Communication and Networking Equipment industry

This report studies the global Optical Communication and Networking Equipment market status and forecast, categorizes the global Optical Communication and Networking Equipment market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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Reasons to purchase this Optical Communication and Networking Equipment market report:  

Analyzing the outlook of the market with the recent trends and SWOT analysis

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

 

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