Major Trends in Optical Communication and Networking Equipment Market

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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.marketsandm
arkets.com/Market-Reports/Optical-networking-commu
nications-market-227693036.html
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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"
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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/pdfdow
nloadNew.asp?id227693036 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.
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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/requestsa
mpleNew.asp?id227693036 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 RD
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.
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• 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?

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