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Optical Communication and Networking Equipment Market By Component (Optical Fiber, Transceiver, Switch, and Others), Technology (SONET, WDM, and Fiber Channel), and Industry Vertical (IT & Telecom, BFSI, Military & Defense, Oil & Gas, and Medical & Healthcare): Global Opportunity Analysis and Industry Forecast, 2020–2027

A07999
Pages: 362
Feb 2021 | 403 Views
 
Author(s) : Shantanu Sachan & Sachin Wankhede
Tables: 114
Charts: 88
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Optical Communication and Networking Equipment Market Outlook - 2027

The global optical communication and networking equipment market size was valued at $15.72 billion in 2019, and is expected to reach $26.83 billion by 2027, growing at a CAGR of 7.2% from 2020 to 2027.

The IT Telecom segment in Global Optical Communication & Networking Equipment Market is expected to attain positive growth, owing to increasing need for network establishment during work from home and remote operation situations.

Optical communication and networking equipment is a device that utilizes light which is signals encoded to transmit information in various types of telecommunications network. It includes wide-area networks (WAN) or limited range local-area networks (LAN), which cross regional and metropolitan areas as well as long-distance international, national, and transoceanic networks. The optical components in optical communication and networking includes optical amplifiers, transceivers, termination devices, tunable filters, and add-drop multiplexers.  

Optical-Communication-and-Networking-Equipment-Market-2020-2027

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Global optical communication and networking equipment market growth has been significantly impacted by the covid-19 outbreak. The production facilities of electronics and semiconductors have been halted, owing to the slowdown and unavailability of the workforce across the globe.  The market growth has experienced a dip in 2020, due to the disruption in global supply chains cause by the pandemic. 

However, the market is expected to witness a recovery in its growth rate in the coming years, owing to the growing focus of organizations to fulfill upsurge in demand for telecommunication equipment driven by rapid acceleration in 5G deployment across the globe. In addition, pandemic has boosted the number of fiber optic broadband lines around the globe due to more data traffic as well as new broadband demands with people staying at home. 

For instance, according to IDATE, a Media company and the FTTH Council Europe, a non-profit organization, high speed fiber will pass 202 million houses in the European Union and Britain by 2026, up from 88.1 million in 2019. This is mainly driven by the acceleration in demand for faster internet services due to COVID-19 pandemic.

Segment Overview

The global optical communication and networking equipment market is segmented on the basis of component, technology, industry vertical, and region. On the basis of component, the market is divided into optical fiber, transceiver, switch, and others. By technology, the market is classified into SONET, WDM, and Fiber Channel. On the basis of industry vertical, it is divided into IT & telecom, BFSI, military & defense, oil & gas, and medical & healthcare. Region wise, the optical communication and networking equipment market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Optical Communication and Networking Equipment Market
By Component

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Optical Fiber segment will grow at a highest CAGR of 8.1% during 2020 - 2027

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Top Impacting Factors

Factors such as surge in data traffic owing to the increased internet usage, increasing number of data centers, and rise in adoption of cloud based as well as virtualization services fuels growth of the market. Also, increase in demand for advanced network equipment due to COVID-19 pandemic is projected to drive the growth of the market during the forecast period. 

However, requirement of huge initial investments is anticipated to restrain the market growth. On the contrary, the acceleration in deployment of VOIP, LTE, and 5G networks is expected to provide lucrative opportunities for the market growth. In addition, rise in adoption of AI and IoT is anticipated to be opportunistic for the growth of the optical communication and networking equipment industry during the forecast period. 

Optical Communication and Networking Equipment Market
By Technology

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WDM segment will dominate the market with a highest CAGR of 7.7% during 2020 - 2027

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Increased Internet Usage 

The amount of information traveling across the internet is experiencing continuous growth as more number of devices are connected as well as new applications are being developed. For instance, this growth is demonstrated in the Cisco Visual Networking Index, which shows that Internet Protocol (IP) traffic across the globe is increasing rapidly and the mobile data traffic is estimated to grow exponentially and reach about 30.6 exabytes per month in 2020. In addition to this, a growing number of smartphone users is projected to boost the internet usage. 

Furthermore, as the internet traffic increased exponentially, with more number of diversified services and applications, the capacity of optical networks has expanded accordingly. Fiber optics offer increased bandwidth to its users; hence, there is upsurge in demand for optical communication and networking equipment. This factor primarily drives the growth of the optical communication and networking equipment market.

Optical Communication and Networking Equipment Market
By Industry Vertical

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IT and Telecom segment holds dominant position throughout the forecast period

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Increasing Number of Data Centers 

The modern data center networks with their vast bandwidth and scale requirements are adopting optical communication and networking equipment. Only the optical communication technology has demonstrated capacities of 10 GB/s, 40 GB/s, and higher, over large distances. Therefore, increasing number of data centers across the globe depend on interconnects for delivering critical communications connectivity among numerous servers, computation, and memory resources. However, factors such as explosive growth of Internet Protocol (IP) traffic and growth of cloud computing is driving number of data centers around the globe. Therefore, increase in number of data center significantly fuels the growth of the optical communication and networking equipment market.

Competitive Analysis

The company profiles of optical communication and networking equipment market players which occupy major Optical Communication and Networking Equipment market share are included in this report are Arista Networks, Inc., Cisco Systems, Inc., Ericsson, Fujitsu Optical Components Limited, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Mitsubishi Electric, NEC Corporation, Nokia Corporation, and ZTE Corporation. The global optical communication and networking equipment industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market growth.

Optical Communication and Networking Equipment Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Europe region would exhibit the highest CAGR of 8.9% during 2020 - 2027

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COVID-19 Analysis

The optical communication and networking equipment market has been significantly impacted by the COVID-19 outbreak. At the start of the outbreak, the main impact faced by many manufacturers was supply problems, owing to halted production. Attributed to lockdown measures and halt of non-essential businesses, the demand for residential, enterprise, & industrial use of building automation system has been decreased. Consequently, the manufacturing & supply of optical communication and networking equipment system is returning to normal levels.

Attributed to the ongoing COVID-19 crises, the construction market is expected to witness abrupt downturn this year. However, a slow recovery is anticipated to begin next year. It is also estimated that the construction market will face a lot of challenges leading to the COVID-19 crisis with stagnation trends in many countries. Moreover, the ongoing crisis is expected to have a huge negative impact on the construction industry across the globe. However, Europe is estimated to witness positive growth rates next year and normalization in 2022.

Key Benefits for Stakeholders

  • This study comprises analytical depiction of the global optical communication and networking equipment market size along with the current global optical communication and networking equipment market trends and future estimations to depict imminent investment pockets.
  • The overall optical communication and networking equipment market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The optical communication and networking equipment market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the market.

Optical Communication and Networking Equipment Market Segmentation

By Component

  • Optical Fiber
  • Transceiver
  • Switch
  • Others

By Technology

  • SONET
  • WDM
  • Fiber Channel

By Industry Vertical

  • IT & Telecom
  • BFSI
  • Military Defense
  • Oil & Gas
  • Medical & Healthcare

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Sweden
    • France
    • Germany
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • Arista Networks, Inc. 
  • Cisco Systems, Inc. 
  • Ericsson 
  • Fujitsu Optical Components Limited 
  • Huawei Technologies Co., Ltd.
  • Juniper Networks, Inc. 
  • Mitsubishi Electric 
  • NEC Corporation 
  • Nokia Corporation 
  • ZTE Corporation
 

CHAPTER 1:INTRODUCTION

1.1.Report description 
1.2.Key benefits for stakeholders
1.3.Key market segments

1.3.1.Key market players

1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.COVID-19 Impact Analysis
3.3.Key findings

3.3.1.Top impacting factors
3.3.2.Top investment pockets

3.4.Porter’s five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Surge in data traffic owing to the increased internet usage
3.5.1.2.Increasing number of data centers
3.5.1.3.Rise in adoption of cloud based as well as virtualization services
3.5.1.4.Increase in demand for advanced network equipment due to COVID-19 pandemic

3.5.2.Restraints

3.5.2.1.Huge initial investment

3.5.3.Opportunities

3.5.3.1.Acceleration in deployment of VoIP, LTE, and 5G networks
3.5.3.2.Rise in adoption of AI and IoT

CHAPTER 4:GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT

4.1.Overview
4.2.Optical fiber

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Transceiver

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Switch

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY

5.1.Overview
5.2.SONET

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.WDM

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Fiber channel

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL

6.1.Overview
6.2.IT & telecom

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.BFSI

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Military & defense

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Oil & gas

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Medical & healthcare

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

CHAPTER 7:OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by component
7.2.3.Market size and forecast, by technology
7.2.4.Market size and forecast, by industry vertical
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by component
7.2.5.1.2.Market size and forecast, by technology
7.2.5.1.3.Market size and forecast, by industry vertical

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by component
7.2.5.2.2.Market size and forecast, by technology
7.2.5.2.3.Market size and forecast, by industry vertical

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by component
7.2.5.3.2.Market size and forecast, by technology
7.2.5.3.3.Market size and forecast, by industry vertical

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by component
7.3.3.Market size and forecast, by technology
7.3.4.Market size and forecast, by industry vertical
7.3.5.Market analysis, by country

7.3.5.1.Sweden

7.3.5.1.1.Market size and forecast, by component
7.3.5.1.2.Market size and forecast, by technology
7.3.5.1.3.Market size and forecast, by industry vertical

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by component
7.3.5.2.2.Market size and forecast, by technology
7.3.5.2.3.Market size and forecast, by industry vertical

7.3.5.3.Germany

7.3.5.3.1.Market size and forecast, by component
7.3.5.3.2.Market size and forecast, by technology
7.3.5.3.3.Market size and forecast, by industry vertical

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by component
7.3.5.4.2.Market size and forecast, by technology
7.3.5.4.3.Market size and forecast, by industry vertical

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by component
7.3.5.5.2.Market size and forecast, by technology
7.3.5.5.3.Market size and forecast, by industry vertical

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by component
7.4.3.Market size and forecast, by technology
7.4.4.Market size and forecast, by industry vertical
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by component
7.4.5.1.2.Market size and forecast, by technology
7.4.5.1.3.Market size and forecast, by industry vertical

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by component
7.4.5.2.2.Market size and forecast, by technology
7.4.5.2.3.Market size and forecast, by industry vertical

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by component
7.4.5.3.2.Market size and forecast, by technology
7.4.5.3.3.Market size and forecast, by industry vertical

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by component
7.4.5.4.2.Market size and forecast, by technology
7.4.5.4.3.Market size and forecast, by industry vertical

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by component
7.4.5.5.2.Market size and forecast, by technology
7.4.5.5.3.Market size and forecast, by industry vertical

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by component
7.5.3.Market size and forecast, by technology
7.5.4.Market size and forecast, by industry vertical
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by component
7.5.5.1.2.Market size and forecast, by technology
7.5.5.1.3.Market size and forecast, by industry vertical

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by component
7.5.5.2.2.Market size and forecast, by technology
7.5.5.2.3.Market size and forecast, by industry vertical

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by component
7.5.5.3.2.Market size and forecast, by technology
7.5.5.3.3.Market size and forecast, by industry vertical

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2019

8.2.Top winning strategies

CHAPTER 9:COMPETITIVE DASHBOARD

9.1.Competitive heatmap

CHAPTER 10:COMPANY PROFILES

10.1.Arista Networks, Inc.

10.1.1.Company overview
10.1.2.Key executive
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.R&D expenditure
10.1.6.Business performance
10.1.7.Key strategic moves and developments

10.2.Cisco System Inc.

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.5.Product portfolio
10.2.6.R&D expenditure
10.2.7.Business performance
10.2.8.Key strategic moves and developments

10.3.Fujitsu Optical Components Limited

10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D Expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.Huawei Technologies Co., Ltd.

10.4.1.Company overview
10.4.2.Key executive
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments

10.5.Juniper Networks, Inc.

10.5.1.Company overview
10.5.2.Key executive
10.5.3.Company snapshot
10.5.4.Product portfolio
10.5.5.R&D expenditure
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.Mitsubishi Electric Corporation

10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Operating business segments
10.6.4.Product portfolio
10.6.5.R&D expenditure
10.6.6.Business performance
10.6.7.Key strategic moves and developments

10.7.NEC Corporation

10.7.1.Company overview
10.7.2.Key executive
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D expenditure
10.7.7.Business performance
10.7.8.Key strategic moves and developments

10.8.Nokia Corporation

10.8.1.Company overview
10.8.2.Key executive
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.R&D expenditure
10.8.7.Business performance
10.8.8.Key strategic moves and developments

10.9.Telefonaktiebolaget LM Ericsson

10.9.1.Company overview
10.9.2.Key executive
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.R&D expenditure
10.9.7.Business performance
10.9.8.Key strategic moves and developments

10.10.ZTE Corporation

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.R&D expenditure
10.10.7.Business performance
10.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019-2027 ($MILLION)
TABLE 02.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR OPTICAL FIBER, BY REGION, 2019-2027 ($MILLION)
TABLE 03.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR TRANSCEIVER, BY REGION, 2019-2027 ($MILLION)
TABLE 04.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR SWITCH, BY REGION, 2019-2027 ($MILLION)
TABLE 05.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 06.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019-2027 ($MILLION)
TABLE 07.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR SONET, BY REGION, 2019-2027 ($MILLION)
TABLE 08.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR WDM, BY REGION, 2019-2027 ($MILLION)
TABLE 09.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR FIBER CHANNEL, BY REGION, 2019-2027 ($MILLION)
TABLE 10.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019-2027 ($MILLION)
TABLE 11.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR IT & TELECOM, BY REGION, 2019-2027 ($MILLION)
TABLE 12.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR BFSI, BY REGION, 2019-2027 ($MILLION)
TABLE 13.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR MILITARY & DEFENSE, BY REGION, 2019-2027 ($MILLION)
TABLE 14.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR OIL & GAS, BY REGION, 2019-2027 ($MILLION)
TABLE 15.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR MEDICAL & HEALTHCARE, BY REGION, 2019-2027 ($MILLION)
TABLE 16.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 18.NORTH AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 20.U.S. OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 21.U.S. OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 22.U.S. OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 23.CANADA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 24.CANADA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 25.CANADA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 26.MEXICO OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 27.MEXICO OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 28.MEXICO OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 29.EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 30.EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 31.EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 32.SWEDEN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 33.SWEDEN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 34.SWEDEN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 35.FRANCE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 36.FRANCE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 37.FRANCE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 38.GERMANY OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 39.GERMANY OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 40.GERMANY OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 41.RUSSIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 42.RUSSIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 43.RUSSIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 44.REST OF EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 45.REST OF EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 46.REST OF EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 47.ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 48.ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 49.ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 50.CHINA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 51.CHINA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 52.CHINA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 53.JAPAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 54.JAPAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 55.JAPAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 56.INDIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 57.INDIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 58.INDIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 59.SOUTH KOREA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 60.SOUTH KOREA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 61.SOUTH KOREA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 64.REST OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 65.LAMEA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 66.LAMEA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 67.LAMEA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 68.LATIN AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 69.LATIN AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 70.LATIN AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 71.MIDDLE EAST OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 72.MIDDLE EAST OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 73.MIDDLE EAST OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 74.AFRICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 75.AFRICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 76.AFRICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 77.ARISTA NETWORKS, INC.: KEY EXECUTIVE
TABLE 78.ARISTA NETWORKS, INC.: COMPANY SNAPSHOT
TABLE 79.ARISTA NETWORKS, INC.: PRODUCT PORTFOLIO
TABLE 80.CISCO SYSTEMS, INC.: KEY EXECUTIVES
TABLE 81.CISCO SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 83.CISCO SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 84.FUJITSU OPTICAL COMPONENTS LIMITED: KEY EXECUTIVES
TABLE 85.FUJITSU OPTICAL COMPONENTS LIMITED: COMPANY SNAPSHOT
TABLE 86.FUJITSU LIMITED: OPERATING SEGMENTS
TABLE 87.FUJITSU OPTICAL COMPONENTS LIMITED: PRODUCT PORTFOLIO
TABLE 88.HUAWEI TECHNOLOGIES CO., LTD.: KEY EXECUTIVE
TABLE 89.HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 90.HUAWEI TECHNOLOGIES CO., LTD.: OPERATING SEGMENTS
TABLE 91.HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT PORTFOLIO
TABLE 92.JUNIPER NETWORKS, INC.: KEY EXECUTIVE
TABLE 93.JUNIPER NETWORKS, INC.: COMPANY SNAPSHOT
TABLE 94.JUNIPER NETWORKS, INC.: PRODUCT PORTFOLIO
TABLE 95.MITSUBISHI: COMPANY SNAPSHOT
TABLE 96.MITSUBISHI: OPERATING SEGMENTS
TABLE 97.MITSUBISHI: PRODUCT PORTFOLIO
TABLE 98.MITSUBISHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 99.NEC CORPORATION: KEY EXECUTIVE
TABLE 100.NEC CORPORATION: COMPANY SNAPSHOT
TABLE 101.NEC CORPORATION: OPERATING SEGMENTS
TABLE 102.NEC CORPORATION: PRODUCT PORTFOLIO
TABLE 103.NOKIA CORPORATION: KEY EXECUTIVE
TABLE 104.NOKIA CORPORATION: COMPANY SNAPSHOT
TABLE 105.NOKIA CORPORATION: OPERATING SEGMENTS
TABLE 106.NOKIA CORPORATION: PRODUCT PORTFOLIO
TABLE 107.ERICSSON: KEY EXECUTIVE
TABLE 108.ERICSSON: COMPANY SNAPSHOT
TABLE 109.ERICSSON: OPERATING SEGMENTS
TABLE 110.ERICSSON: PRODUCT PORTFOLIO
TABLE 111.ZTE CORPORATION : KEY EXECUTIVES
TABLE 112.ZTE CORPORATION : COMPANY SNAPSHOT
TABLE 113.ZTE CORPORATION. : OPERATING SEGMENTS
TABLE 114.ZTE: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SNAPSHOT, BY SEGMENTATION
FIGURE 03.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SNAPSHOT, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COMPONENT, 2019-2027
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR OPTICAL FIBER, BY COUNTRY,  2019 & 2027(%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR TRANSCEIVER, BY COUNTRY,  2019 & 2027(%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR SWITCH, BY COUNTRY,  2019 & 2027(%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR OTHERS, BY COUNTRY,  2019 & 2027(%)
FIGURE 15.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY TECHNOLOGY, 2019-2027
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR SONET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR WDM, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR FIBER CHANNEL, BY COUNTRY,  2019 & 2027 (%)
FIGURE 19.GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY INDUSTRY VERTICAL, 2019-2027
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR IT & TELECOM, BY COUNTRY, 2019 & 2027(%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR BFSI, BY COUNTRY, 2019 & 2027(%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR MILITARY & DEFENSE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR OIL & GAS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET FOR MEDICAL & HEALTHCARE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY REGION, 2019-2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 27.U.S. OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 28.CANADA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 29.MEXICO OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 31.SWEDEN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 32.FRANCE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 33.GERMANY OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 34.RUSSIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 35.REST OF EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 36.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 37.CHINA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 38.JAPAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 39.INDIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 40.SOUTH KOREA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 41.REST OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 42.COMPARATIVE SHARE ANALYSIS OF LAMEA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 43.LATIN AMERICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 44.MIDDLE EAST OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 45.AFRICA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 46.MARKET PLAYER POSITIONING, 2019
FIGURE 47.TOP WINNING STRATEGIES, BY YEAR, 2017-2021*
FIGURE 48.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020*
FIGURE 49.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020*
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 52.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 53.ARISTA NETWORKS, INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 54.ARISTA NETWORKS, INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 55.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.CISCO SYSTEMS, INC: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.CISCO SYSTEMS, INC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.CISCO SYSTEMS, INC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 60.FUJITSU LIMITED: REVENUE, 2017–2019 ($MILLION)
FIGURE 61.FUJITSU LIMITED: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.FUJITSU LIMITED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 63.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 64.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 65.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 66.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 67.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 68.JUNIPER NETWORKS, INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 69.JUNIPER NETWORKS, INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 70.MITSUBISHI: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 71.MITSUBISHI: NET SALES, 2017–2019 ($MILLION)
FIGURE 72.MITSUBISHI: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 73.MITSUBISHI: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 74.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 75.NEC CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 76.NEC CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 77.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 78.NOKIA CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 79.NOKIA CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 80.NOKIA CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 81.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 82.ERICSSON: REVENUE, 2017–2019 ($MILLION)
FIGURE 83.ERICSSON: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 84.ERICSSON: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 85.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 86.ZTE CORPORATION.: REVENUE, 2017–2019 ($MILLION)
FIGURE 87.ZTE CORPORATION.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 88.ZTE CORPORATION: REVENUE SHARE BY REGION, 2019 (%)

 
 

The optical communication and networking equipment market is going through enormous transformation and growth. Optical communication and networking equipment are necessary for communication across the internet. The internet traffic is growing exponentially, along with the more number of diversified applications and services. This has led to the expanded capacity of optical networks. In addition, the increase in demand for reliable and faster internet connectivity is boosting growth in adoption of optical communication and networking strategies by market players.

In addition, optical communication and networking equipment is experiencing advanced innovations as well as introduction of lucrative products to meet demand for 4G and 5G networks. For instance, in October 2019, Nokia, the Finnish telecom equipment vendor launched a new set of packet-optical transport switches to allow the mobile network operators to effectively deploy 5G Cloud RAN architecture. Moreover, there is rise in demand for robust network infrastructure across the medical & healthcare sector.

In modern times patients’ information needed to move safely and quickly from mobile devices to be stored as data in electronic health records (EHRs). Hence, there is need for complex images to be stored, transmitted, and easily accessed to make diagnoses. A high-speed fiber optic network along with the advanced optical communication and networking equipment ensures that medical institutions can transmit health care data securely and efficiently. This factor significantly fuels the growth of the optical communication and networking equipment in the medical & healthcare industry.

Furthermore, continuous expansion of infrastructure for fiber optic networks is observed across the globe due to the need for higher capacity fiber optic networks for both mobile and fixed telephony services. For instance, in June, 2019, the first phase of CenturyLink’s fiber network expansion was completed in the U.S. and it reaches more than 70 cities including many of the country’s most populated metropolitan areas. Its fiber network in the U.S. traverses more than 3.5 million miles. Such expansion of optical fiber networks significantly fuels the growth of the optical communication and networking equipment market.

The optical communication and networking equipment market is competitive and comprises a number of regional and global vendors competing based on factors such as cost of solutions & services, reliability, efficiency of the product, and support services. Owing to the competition, vendors operating in the market are offering advanced and higher capacity optical communication and networking equipment solutions to improve the marketing strategies of enterprises.

On the other hand, the growing investment trend of companies across the industries such as IT & telecom, BFSI, healthcare, and military & defense in optical communication and networking fuels the market growth. In addition, key players are heavily investing in R&D activities to develop effective optical communication and networking equipment technologies and services offerings, which is opportunistic for the market.

 
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A. The Optical Communication and Networking Equipment Market is estimated to grow at a CAGR of 7.2% from 2020 to 2027.

A. The Optical Communication and Networking Equipment Market is projected to reach $26.83 billion by 2027.

A. To get the latest version of sample report

A. Fiber optics offer increased bandwidth to its users; hence, there is upsurge in demand for optical communication and networking equipment drives the growth of Optical Communication and Networking Equipment Market.

A. The key players profiled in the report include Arista Networks, Inc., Cisco Systems, Inc., Ericsson, Fujitsu Optical Components Limited, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Mitsubishi Electric, NEC Corporation, Nokia Corporation, and ZTE Corporation.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Optical Communication and Networking Equipment Market is segmented on the basis of component, technology, industry vertical, and region.

A. The key growth strategies of Optical Communication and Networking Equipment market players include product launch, product development, collaboration, partnership, and agreements to influence the market growth.

A. Transceiver segment holds a dominant position throughout the forecast period.

A. WDM segment will grow at a highest CAGR of 7.7% during 2020 2027.

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