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Major Trends in Optical Communication and Networking Equipment Market

The global optical communication and networking equipment market size was valued at USD 18.9 billion in 2020 and is projected to reach USD 27.8 billion by 2025.

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Major Trends in Optical Communication and Networking Equipment Market

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  1. MarketsandMarkets Presents Major Key Trends in Optical Communication and Networking Equipment Market Optical Communication and Networking Equipment Market by Component (Fiber, Transceiver, and Switch), Technology, Application (Telecom, Data Center, and Enterprise), Data Rate, Vertical, and Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/Optical-networking-communications-market-227693036.html

  2. The global optical communication and networking equipment market size was valued at USD 18.9 billion in 2020 and is projected to reach USD 27.8 billion by 2025; it is growing at a CAGR of 8.0% from 2020 to 2025. Rising adoption of cloud-based services and virtualization services all over the world, increasing data traffic due to increased internet usage, and growing number of data centers are the factors driving the optical communication and networking equipment industry growth Browse 109 market data Tables and 55 Figures spread through 193 Pages and in-depth TOC on "Optical Communication and Networking Equipment Market - Global Forecast to 2025"

  3. WDM technology to dominate the Optical Communication and Networking Equipment Market WDM technology-based optical communication and networking equipment accounted for the largest market share in 2019 The development of ROADM-based WDM networking solutions is one of the emerging trends in the global optical networking and communications market. Manufacturers are investing huge capital in building WDM ROADM-based optical equipment so that they can provide faster and higher transmission capacity networks to their customers. Therefore, WDM technology is expected to continue to hold the largest market share during the forecast period. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227693036 The optical communication and networking equipment market of greater than 100 Gbps data rate to grow at highest CAGR during the forecast period The market for optical communication and networking equipment with greater than 100 Gbps data rate is projected to grow at the highest CAGR during the forecast period. With the rapid development of 5G and high-performance services brought by cloud networks, the demand for higher bandwidth devices with a data rate of greater than 100 Gbps is expected to grow during the forecast period. Optical communication and networking devices with greater than 100 Gbps data rates are designed for providing data security in high-capacity broadband networks, short-haul enterprise and campus networks, high-bandwidth connectivity for DCI and cloud computing, and metro and long-haul network applications up to 2,500 km.

  4. The optical communication and networking equipment market in APAC to grow at the highest CAGR during the forecast period APAC is projected to hold the largest share of the market, in terms of value, during the forecast period, Asia Pacific is a major hub for consumer electronics, automotive, and industrial verticals. This region has become a global focal point for significant investments and business expansions. Users in this region have upgraded their connectivity solutions from 3G to 4G technology. Asian markets encourage the development of 5G mobile technologies, with commercial deployments planned in Japan and China by 2020. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=227693036 Major drivers for the growth of this market in APAC include the increasing adoption of smartphones, a growing number of internet users (41.9 per 100 inhabitants), the rising demand for connectivity, growing focus on improving existing networks and establishing new connectivity networks, and increasing bandwidth-intensive applications, such as video-on-demand services. The growing population, increasing investments for R&D activities, and the rising focus of international and domestic IT companies on the growth of big data analytics and cloud-based services in the region are expected to drive the growth of this market.

  5. Key Market Players • 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). • Frequently Asked Questions (FAQ): • Which are the major applications of optical communication and networking equipment? How huge is the opportunity for their growth in the next five years? • Which are the major companies in the optical communication and networking equipment market? What are their major strategies to strengthen their market presence? • Which is the potential market for optical communication and networking equipment in terms of region? • Which are the major components for optical communication and networking equipment? How huge is the opportunity for their growth in the next five years? • Which type of technology will be used widely in the optical communication and networking equipment market?

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:newsletter@marketsandmarkets.com For More Info: https://www.marketsandmarkets.com/PressReleases/Optical-networking-communications.asp

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