The global optical communication and networking market are expected to grow at a moderate CAGR during the forecast period. High-speed communication via infrared and optical signals is made possible by the Optical Network. Optical communication uses optical amplifiers, lasers or LEDs, and wave division multiplexing to send large amounts of data over fibre-optic cables. Due to its high bandwidth, it send the vast majority of machine-to-machine data and is considered to be an enabling technology for the internet and telecommunication networks.
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The global optical networking and communication market is being driven by increased data centre installation, increased demand for high bandwidth, and increased disposable income. The growing use of wearable gadgets such as smartwatches and fitness bands put a lot of stress on the accessible internet bandwidth. Furthermore, the market is expected to expand with the development and adoption of new technologies, as well as demand for communications equipment and internet penetration.
In October 2020, Fujitsu Optical Components Limited (FOC) has introduced a new 400G ZR+ transceiver that provides coherent WDM transmission over 120km in the same form factors as its 400G ZR transceiver (QSFP56-DD and OSFP). In comparison to the existing 100G WDM technology, both transceivers use advanced coherent technology to offer better bandwidth capacity and lower cost per bit.
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Market Coverage
- Segment Covered-
o By Type
o By Technology
o By End-users
- Region covered
o North America
o Europe
o Asia-pacific
o Rest of world
- Competitive Landscape- Arista Networks, Inc., Cisco System Inc., Fujitsu Optical Components Limited, Huawei Technologies Co., Ltd., and Juniper Networks, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Optical Communication & Networking Market by Segment
By Type
- Stations (Source and Receiver)
- Trunk (Transmission line)
- Node (Hub)
- Topology (Transmission network)
- Router (Medium)
By Technology
- Synchronous Optical Networking (SONET)
- Wavelength Division Multiplexing (WDM)
- Fibre channels
- Optical Data Center Interconnects
- Packet Optical Transport Systems
By End-users
- Telecommunication
- Data Broadcasting
- Industrial
- Commercial
- Governmental Enterprises
- Defense
- Information Technology
- Others
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