Jersey City, New Jersey, Aug. 25, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently released a report, “Optical Communication and Networking Equipment Market” By component (fiber, optical transceiver), by application (telecom, data center), by technology (WDM, Fiber Channel) and by geography. According to Verified Market Research, the Optical Communication and Networking Equipment market size was valued at USD 19.2 Billion in 2021 and is projected to reach USD 40.10 Billion by 2030, growing at a CAGR of 6 ,10% from 2022 to 2030.
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202 – Pages
126 – Tables
37 – Numbers
Global Optical Communication and Networking Equipment Market Overview
Manufacturers of optical transceivers focus a lot on R&D to serve different applications within railway system network, information center interconnection, long distance and other applications, which need transceivers optics to be compatible with the advanced network. This trend is expected to extend the market growth of small and compact optical modules with their wide variety of information properties at a faster speed. These factors offer huge growth potential for optical transceivers in the optical communication and networking equipment market. The growth of telecommunications infrastructure can have a substantial effect on developing countries in an extremely positive way.
With the advent of IoT, AI and big information, there is an increasing demand for good devices and different connected applications. Interconnected technologies in the telecommunications sectors play a crucial role in capturing, translating and transferring information into meaningful information, which is crucial for strengthening urban infrastructure. The backbone of this type of infrastructure development can be a high-speed fiber optic network, which can transfer huge amounts of data, at high speed, from end to end. The implementation of 5G network and 6G network requires high-bandwidth fiber optic cables to the home integrated with optical transceivers for secure and reliable information transfers. Hence, the growth of optical communication infrastructure in developing countries may drive the market for optical communication and networking equipment in the future.
- In March 2022, ADVA Optical Networking launched a new pluggable MicroMux Edge BiDi device that allows operators to increase capacity and address fiber constraints in access networks. The BiDi pluggable will minimize cost and latency in access networks.
- In March 2022, Huawei partnered with ZainTech, a leading telecommunications operator in the Middle East and Africa, providing mobile voice and data services. With this partnership, the two companies will explore opportunities for the development of digital solutions. Also expand ZainTech’s ecosystem with Huawei’s expertise and best practices in public cloud, and explore new local cloud opportunities.
The major market players are Huawei Technologies Co., Ltd., Cisco Systems, Inc., Ciena Corporation, Nokia, II-VI Incorporated, ZTE Corporation, ADTRAN Inc., Infinera Corporation, ADVA Optical Networking, FUJITSU.
Verified Market Research has segmented the global optical communication and networking equipment market on the basis of components, applications, technology, and geography.
- Optical Communication and Networking Equipment Market, By Component
- Optical transceiver
- To change
- Optical Communication and Networking Equipment Market, By Application
- Data center
- Optical Communication and Networking Equipment Market, By Technology
- Fiber Channel
- Optical Communication and Networking Equipment Market, By Geography
- North America
- The rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- Latin America
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Optical Transceivers Market By form factor (QSFP, QSFP+, QSFP14 and QSFP28, SFP+ and SFP28, SFF and SFP, CFP, CFP2 and CFP4, XFP, CXP and others.), By data rate (greater than 40 Gbps and less than 100 Gbps , More than 100 Gbit/s, Less than 10 Gbit/s and More than 10 Gbit/s and less than 40 Gbit/s), By distance (Less than 1 km, More than 1 km to less than 10 km, More 10 km to Less than 100 km and Over 100 km), By application (data center, telecom and enterprise), by wavelength (1310 nm band, 1550 nm band, 850 nm band and others), by geography , forecast, 2021-2028
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Top 5 Optical Transceiver Manufacturers build a connected world
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