Optical Networking Market
2019 Analysis and Review of Optical Networking Market by Component - Optical Fibers, Optical Switches, Optical Amplifiers, Optical Splitters, Optical Transceivers, and Optical Circulators for 2019 - 2029
- 2020-02-15
- REP-GB-2359
- 40 Tables
- 177 Figures
- 346 pages
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Press Release:
Optical Networking Demand Analysis
Optical Networking Market Set for Two-fold Growth During 2019 - 2029
Digital maturity is linearly associated with better business outcomes in every industry including, service, retail, agriculture, and manufacturing. With the evolution of wireless technology, mobile networks have reimagined and bettered over the past few decades. The onset of fifth-generation networks, especially 5G, Internet of Things (IoT), big data security, promises for a possible shakeout in service - rapid speed, drastically low latency, and the ability to manage loads of connections in sync. Characterized by a robust annual growth rate, the global optical networking market revenues would surge over 2X during 2019-2029.
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How is the optical networking market expected to shape up in the next decade?
5G is presently evolving than preceding generation to make optical fiber deployments as an essential part of the network. This potentially makes 5G an incredible opportunity for the optical networking market growth.
What are major challenges for players in the optical networking market?
Organisations that carry sensitive information across fibre-optic cables are potentially vulnerable from criminal threats, as cabling is easily accessible and not well protected. To secure organisational data would be a huge challenge for companies in the optical networking market.
Which end user will account for the highest sales in the next five years?
The IT & telecom industry is expected to account for a majority of share in the optical networking market. As 5G is slowly replacing 4G and earlier systems, 5G equipment vendors are setting standards that is creating profitable opportunities for existing players in the optical networking market.
Which region is expected to lead the global optical networking market?
Asia Pacific excluding Japan is anticipated to remain at the forefront, offering high growth opportunities for players in the optical networking market. Players in the region, are focusing on OTT content, 5G, and increasing dependency on low-latency, on-demand connectivity that led to an inflection point where network providers are figuring out innovative methods to boost customer experiences.
Which technology will offer the most lucrative growth opportunities for market players?
The recent introduction of 10GBASE-T support for fiber channels, which enables data centers to have flexible or adjustable physical cabling while promoting any protocol at much lower cost. Fiber channel also maintain security, latency, and traffic management that create profitable opportunities for optical networking market players.
IT & Telecom Industry Remains Key Revenue Generator
IT & telecom industry would remain the immediate customer of optical networking services, capturing over a third of total demand. Although 5G network is commercially in its nascency, it is rapidly marking its presence in the IT & telecom industry, which in turn, will bring bigger gains to market players. Moreover, optical networking is unleashing new use cases in government and banking, financial services and insurance (BFSI) security with the advent of 5G connectivity. About 2/5 of optical networking market revenues would be realized from these two end users.
APEJ to Outpace North America in 2027
North America is at forefront in the optical networking market, with nearly 30% of overall value. The apparent bullishness of the developed regional market is primarily underpinned large-scale deployment of 5G network, especially in the US. However, the market in Asia Pacific (excluding Japan) is speeding up at a double-digit growth rate and will outperform that in North America during the latter half of projection period. Market players in the region are focusing on OTT content, 5G, and increasing dependency on low-latency, on-demand connectivity.
* This data is only a representation. Actual data may vary and will be available in report.
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2014
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2018
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2022
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2029
Companies Leveraging Cost-effective Benefit of ROADMs
Reconfigurable optical drop/add multiplexers (ROADM) fit in perfectly with the growing demand for connections that are highly scalable, software-enabled, and more automated. The optical networking technology speeds up service provisioning and enhance network and service availability using software control. Moreover, ROADMs curb the need for performing cost-intensive optical-electronic-optical (OEO) conversion within the network, thus, reducing capital costs. Market players must focus on leveraging this technology to expand their customer reach, and improve customer retention and loyalty.
Optical fibers remain in demand
Optical switches to gain momentum
WDM remains preferred technology
Preference for SONET on rise
Network design holds greater revenue share
Data centre accounts for second-leading share
High usage in IT & telecom industry
Adoption in BFSI industry to surge
How Growth will Unfold
Wavelength-division multiplexing (WDM) technology continues to hold a major chunk in the optical networking market. By 2020 end, WDM including, CWDM, and DWDM systems, worth around US$ 5 Bn would be deployed across various sectors. On the other hand, fiber channels are representing fast-pace growth, attributable to the introduction of 10 Gigabit Ethernet (10GBASE-T) support. As they maintain security, latency, and traffic management at lower costs, market players are also seeking avenues of growth and profitability from fiber channels.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Optical Networking Market Analysis 2019-2029
A recent market report published by Future Market Insights on the optical networking market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters, growth prospects of this market are obtained with maximum precision.
Optical Networking Market Taxonomy
The global optical networking market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.
Component
- Optical Fibers
- Optical Switches
- Optical Amplifiers
- Optical Splitters
- Optical Transceivers
- Optical Circulators
Technology
- SONET
- WDM
- CWDM
- DWDM
- ROADM
- Fiber Channels
Service
- Network Design
- Data Centre
- Network Maintenance and Support
End User
- Military & Defence
- BFSI
- IT & Telecom
- Government
- Others
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
What's Included
The report begins with the executive summary of the optical networking market, which includes a summary of key findings and statistics of the market. It also includes demand and supply-side trends pertaining to this market.
Readers can find the definition and a detailed taxonomy of the optical networking market in this chapter, which will help them to understand basic information about the market. Along with this, comprehensive information pertaining to optical networking and its properties is provided in this section. This section also highlights the inclusions and exclusions, which helps readers to understand the scope of the optical networking market report.
The optical networking market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.
This chapter explains the key macroeconomic factors that are expected to influence the growth of the optical networking market over the forecast period. Along with macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, and value chain analysis of the optical networking market. Moreover, in-depth information about market dynamics and their impact analysis on the market have been provided in the successive section.
Based on component type, the optical networking market is segmented into optical fibers, optical switches, optical amplifiers, optical splitters, optical transceivers, and optical circulators. In this chapter, readers can find information about key trends and developments in the optical networking market and market attractiveness analysis.
Based on technology, the optical networking market is segmented into SONET, WDM (CWDM, DWDM, ROADM), and fiber channels. In this chapter, readers can find information about developments and key trends in the optical networking market.
Based on service, the optical networking market is segmented into network design, data centre, and network maintenance & support. In this chapter, readers can find information about developments and key trends in the optical networking market.
Based on end user, the optical networking market is segmented into military & defence, BFSI, IT & telecom, government, others. In this chapter, readers can find information about developments and key trends in the optical networking market.
This chapter explains how the optical networking market is anticipated to grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ (Asia-Pacific excluding Japan), Japan, and the Middle East & Africa.
This chapter includes a detailed analysis on the growth of the North America optical networking market, along with a country-wise assessment including the U.S. and Canada. Readers can also find regional trends and market growth based on component type, technology, service, end user, and countries in North America.
This chapter provides the growth scenario of the optical networking market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided.
Important growth prospects of the optical networking market in several countries such as Germany, the U.K., France, Spain, Italy and the Rest of Western Europe are included in this chapter.
This chapter provides the growth scenario of the optical networking market in Eastern Europe countries such as Russia, Poland, and the Rest of Eastern Europe.
This chapter highlights the growth prospects of the optical networking market in APEJ by focusing on China, India, ASEAN, Australia & New Zealand, and the Rest of APEJ. This section also helps readers understand key factors that are responsible for the growth of the optical networking market in APEJ.
This section helps readers understand key factors that are responsible for the growth of the optical networking market in Japan.
This chapter provides information about how the optical networking market is anticipated to grow in major countries in the Middle East & Africa region, such as GCC Countries, Turkey, Northern Africa, South Africa, and the Rest of Middle East & Africa, during the forecast period of 2019-2029.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the optical networking market, along with detailed information about each company, which include the company overview, revenue shares, strategic overview, and recent developments. Some market players featured in the report are Alcatel-Lucent, Huawei, Cisco, Ciena, Nokia, Finisar, ZTE, ADTRAN, Infinera, Adva, Fujitsu Optical Components, Verizon Communications Inc., Ericsson, VIAVI Solutions Inc.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the optical networking market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the optical networking market.
How the research was conducted?
Primary Research
- C - Level Executives
- Marketing Directors
- Sales Heads
- Sales Executives
- Technical Advisors
- Optical Network Providers
- Distributors
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity of Assumptions
Secondary Research
- Company White Papers
- Annual Reports and Investor Presentations
- Research Papers
- Company Press Releases
- Government Websites and Publications
Primary Interview Splits
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