Optical Network Hardware Market: Recent Market Trends and Projected Market Size by 2018 – 2023

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Market Research Future
Optical Network Hardware Market Research Report-
Forecast 2023
Global Optical Network Hardware market was
valued at USD 14 Billion in 2017. The market is
projected to reach market value of USD 32 Billion
by 2023, expanding at a CAGR of 13.85 over the
forecast period. The growth in cloud services,
increasing use of connected virtual devices, and
proliferation of mobile services of Wi-Fi, and 3G
or 4G technology are some of the major factors
driving the growth of optical networking.
However, lack of Infrastructure in developing and
under-developed countries and higher cost of
transition and maintenance from existing cable
are some factors hindering the market
growth. According to Market Research Future
Analysis, Optical network hardware market has
been valued at approx. USD 32 billion by the end
of forecast period with 13 of CAGR during
forecast period 2017 to 2023 https//www.marketre
searchfuture.com/reports/optical-network-hardware-
market-5446
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Market Research Future

• Intended Audience
• Raw material providers
• Component manufacturers
• Original equipment manufacturers (OEMs)
• Integrated device manufacturers (IDMs)
• Original design manufacturers (ODMs)
• Assembly, testing, and packaging vendors
• Suppliers and distributors
• Government
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Market Research Future

• Market Segments
• Optical network hardware Market is segmented by
  equipment and application.
• Based on equipment, Optical network hardware
  market is bifurcated into WDM and SONET/SDH. And
  on the basis of application, the market is
  segmented into broadband infrastructure,
  datacenter, fiber optic network and smart cities.
  The global market for broadband is increasing
  with the growing rate of internet and smartphone
  penetration. Broadband infrastructure comprise of
  wired technologies and wireless technologies, out
  of which FTTP (Fiber to the Premise) accounts for
  nearly 7 of global broadband subscriptions,
  thereby increasing the growth opportunity for
  optical network hardware market.
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Market Research Future
Major Players in this Research The prominent
players in Optical network hardware Market are
Huawei Technologies, Ciena Corporation, Alcatel
Lucent, Infinera, Cisco systems, ADTRAN, ADVA
Optical Networking, Ericsson, and ZTE
Corporation. Check Discount on this report _at_
https//www.marketresearchfuture.com/check-discoun
t/5446
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Market Research Future
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