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Optical Networking and Communication Market

Global Optical Networking and Communication Market Development and Demand Forecast to 2023

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Report Code: IM10006
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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. A considerable amount of research and development efforts has been spent over the last few decades to add functionality in optical networking and communication market. Optical networking and communication systems are basically meant to accomplish the long distance communication requirements.

The different network hardware in optical networking and communication market are optical transreceivers, fiber optic sensors, optical fiber splitters, optical combiners, optical reflectors and others. On the basis of technology, optical networking and communication market can be categorized into wavelength division multiplexing (WDM), time division multiplexing (TDM), fiber channel, synchronous optical networking, synchronous digital hierarchy (SDH) and others. Wavelength division multiplexing is a technique in which the prism split beam of light into different wavelength which can travel through longer distances. The optical networking and communication market finds application in submarine, oil and gas, defense and aerospace, energy and utilities, mining, healthcare and others.

Increasing demand for high bandwidth is accelerating the growth of optical networking and communication market. Fiber optic cables that are generally used in optical networking and communication market are capable of achieving extremely high bandwidth.  Increase in data traffic can create congestion that can be optimized by using high bandwidth and appropriate frequency in optical networking and communication system. A fiber optic cable used in optical networking and communication has less attenuation and dispersion thus making light to travel long distances with less scattering losses and crosstalk. Optical fiber has benefits over traditional copper wires in terms of maintenance, resistance, speed and others. Growing internet and communication network demands for the transmission of information over large geographical areas depicts a healthy expansion of optical networking and communication market.

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. Some of the factors restraining the market are high cost of installation, lack of product knowledge to end users, inadequate incorporation of synchronous optical network layers. Due to growth of automation and infrastructure there exist ample growth opportunities for optical networking and communication market. Further growth opportunities lies for the new as well as established players to innovate and distinguish invention ranges. Some of trends in optical networking and communication market are increasing mobile internet users, fiber and optical long haul deployments 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.

Report Coverage

  • Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
  • Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
  • Uncovers potential demands in the market
  • Porter analysis identifies competitive forces within the market
  • Provides information on the historical and current market size and the future potential of the market
  • Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
  • Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger & acquisitions
  • Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.

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