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.
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Optical Communication and Networking Equipment Market Segments
By Component
• Optical Fibers
• Optical Transceivers
• Optical Amplifiers
• Optical Switches
• Optical Splitters
• Optical Circulators
• Optical Sensors
• Others
By Technology
• Introduction
• WDM
• CWDM
• DWDM
• SONET
• Fiber Channel
By Vertical
• Introduction
• BFSI
• Government
• Healthcare
• Cloud
• Energy & Utilities
• Others
By Data Rate
• Introduction
• Up to 40 Gbps
• Greater Than 40 Gbps to 100 Gbps
• Greater Than 100 Gbps
By Application
• Introduction
• Telecom
• Data Centre
• Enterprise
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
