Title: Optical Communication and Networking Market Trends, Analysis & Forecast, 2019 – 2025
1Optical Communication and Networking Market Size
will witness a rapid growth to 2025
2Key Insights Optical Communication and Networking
Market
- The optical communication and networking market
is segmented on the basis of components, which
include optical transceivers, optical fibers,
optical splitters, optical amplifiers, optical
switches, optical circulators, and others.
Optical switches are the most widely used
components as they reduce the number of network
devices along with significant energy savings. As
enterprises realize the benefits of optical
fibers in reducing transmission loss with low
latency and reduced data collision (fragmentation
of data due to peak load), the optical fiber
segment is expected to have the highest growth. - The development and the adoption of new
technologies, such as IoT and Artificial
Intelligence (AI), have also increased the need
for faster internet communication standards.
Traditional internet wires (co-axial cables)
relay internet at a peak speed of 45
Megabits/second (45Mbps), whereas optical fibers
offer speeds of 100 Gigabits/second (100,000
Mbps). Their resistance to electrical
interference (storms, lightning) is also very
high, making them a perfect fit for AI and IoT
applications where uninterrupted real-time
analytics is required. Another factor is the
increasing number of wearable devices, such as
smartwatches and fitness bands, which have
exerted additional stress on the existing
internet bandwidth.
3Continued
- On the basis of technology, the optical
communication and networking market segmentation
includes Wavelength Division Multiplexing (WDM),
Synchronous Optical Networking (SONET), and Fiber
channels. WDM has the leading share due to its
relatively simpler architecture, better
scalability, high capacity to add/drop new
channels, multiple ring terminations (ability to
cancel signal anywhere during transmission),
multi-services, and multiple fabrics. The
segmentation, as per application, includes
telecoms, data centers, and enterprises. The
adoption of optical fiber network by data centers
for handling massive data loads makes it the
leading market segment. The telecom sector is
expected to have the largest growth as cellular
internet penetration increases the load on
telecom providers bandwidth capabilities,
migrating them to faster and higher bandwidth
communication systems.
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5Market research reports Key analytical components
6Major Companies in Optical Communication and
Networking Market
- Lumentum Operations
- Coriant
- ECI Telecom
- Infinera
- Nokia
- Cisco
- Calix
- ZTE
- Broadcom
- Oclaro
- Ciena
- Finisar
- ADVA Optical Networking
- NEC
- Arista Networks
- Juniper Networks
7Regional Insights Optical Communication and
Networking Market
North America is the largest optical
communication and networking market. This can be
attributed to the high concentration of data
centers and cloud computing hubs in the U.S. The
U.S. alone holds 3 million data centers, nearly
36 of the global data centers (8.4 million in
2018). The top mega data centers are also located
in the U.S. (Facebook, Google, AWS), making it a
highly conceivable market for optical
communication. Asia Pacific is expected to have
the highest growth during the forecast period as
the region has the most consumers with
data-generating devices (smartphones, laptops,
tablets, etc.), nearly 2.2 billion in 2018, which
have increased the demand for faster internet.
The rise of 5G technology in Taiwan, Singapore,
Malaysia, and South Korea has also increased the
deployment of optic fiber channels.
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