Stratistics MRC Report, Optical Communications and Networking Market Forecast to 2027 – Analysis Application, Key Players, Types, End User and by Geography
MARYLAND, GAITHERSBURG, UNITED STATES, October 14, 2021 /EINPresswire.com/ – The global optical communications and networking market is worth $ 17.66 billion in 2019 and is expected to reach $ 38.91 billion by 2027, with a CAGR of 10.4% during the forecast period . Some of the key factors driving the growth of the market are the growing demand for IoT devices, the growing popularity of cloud-based services, and the need for faster communication. However, the complexity of the networks is the brake on the growth of the market.
By technology, Wavelength Division Multiplexing (WDM) segment is expected to grow to a significant market share during the forecast period due to the simplicity of its architecture and the ability to cancel the signal during the forecast period. transmission process. On the basis of geography, North America is expected to hold a considerable market share during the forecast period due to the large number of data centers in the region.
Some of the major players in the optical communications and networking market include Ericsson, Mitsubishi Electronics, Fujitsu Optical Components, Cisco, Huawei Technologies Co, Oclaro, Broadcom, Corning, Calix, Juniper Networks, ECI Telecom, Lumentum Operations, Coriant, ADVA Optical Networking , NeoPhotonics, ADTRAN, Ciena, Finisar, Nokia and Arista Networks.
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The Optical Communications and Networking market report provides in-depth study and industry forecast covering the comprehensive overview of the market which will help convey the customers and business strategies. The industry’s supply chain and market size, in terms of value, have been determined through extensive research methods. Our report enables readers to understand market details, latest trends, key drivers and restraints, opportunities, threats, volume and value forecast, and various investment opportunities for manufacturers operating in the global markets and regional. The Optical Communications and Networking Market report also offers company profiling with detailed strategies, financial data, key products and recent developments along with SWOT analysis of profiled players and Porters Five Forces. for in-depth information.
This report offers market surveillance related to a particular area of ââcustomer interest and provides up-to-date information related to strategic initiatives such as mergers, acquisitions, partnerships, expansions, product launches for major companies on a regional scale. depending on the subscription period of customers for various industries. or markets. Our data is constantly updated and reviewed by a team of research experts to always reflect recent trends and information. We have extensive experience in research and consulting for different areas of activity to meet the needs of individual and corporate clients. Our experienced team uses proprietary data sources and different tools and methods to collect and analyze information.
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Covered network connectivity:
Data rates covered:
â¢ Up to 40G
â¢ Greater than 40 G and less than 100 G
â¢ Greater than 100G
â¢ Fiber Channels
â¢ Synchronous digital hierarchy (SDH) or synchronous optical network (SONET)
â¢ Wavelength division multiplexing (WDM)
â¢ Cable / broadcast
â¢ Data center
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