Optical networking and communication market study refers to the type of
communication network in which transmission of data or information takes
place through optical fiber as the communication medium. Optical
communication merely uses light for transmission and is the only initial
step in optical networking. Optical networking and communication market
includes optical components such as multiplexers, lasers, photo
detectors and others. Optical components in optical networking and
communication are used to adjust state of light through various means
such as changing intensity, reflection, refractive index and others.
Factors
driving the growth of optical networking and communication market are
large bandwidth provided by WDM at comparatively lower cost per unit,
increasing telecom industries, industry growth for broadband
subscribers, rise in adoption of cloud based services, growing
deployment for data or call centers, growing demand for 100G and others.
On the basis of geography, Europe is the largest market, in
terms of revenue, for the optical networking and communication. North
America and Asia-pacific regions (including India, Russia, Japan and
Middle East) are the potential markets for the expansion of optical
networking and communication that provide momentum to the development of
optical networking and communication market due to rapid growth of
power generation and infrastructure.
Some of the major
competitors in the optical networking and communication market are
Huawei Technology Co. Ltd, Cisco systems, Verizon Communications Inc,
Ericsson Inc, Alcatel-Lucent, Inc., CIENA Corporation, JDS Uniphase
Corporation, Macom technology Solutions Holdings Inc
Optical Networking And Communication Market Trends In 2018 —What Industry Insiders Tell Us About The Future Forecast 2023
- May 28, 2018-