The global dense wave division multiplexing market is anticipated to grow at a significant CAGR during the forecast period. The major factors for growth of the market include the increasing growth of telecom sector and need for high-speed internet across the globe, due to cloud computing and IoT. All these factors will fuel the growth of the market during the forecast period.
To put different data from different sources at one place, an optical fiber is used for dense wave division multiplexing. . Due to the significant surge in telecom sector and increasing demand for high-speed internet, the network operators upgraded their network to new technologies such as DWDM to suffice the need. This factor will fuel the growth during the forecast period. By using this technology, network providers were not only able to reduce the cost of the equipment, but were also able to provide higher speed to the users which can go up to 100 Gbps. During the recent COVID-19 pandemic, the need for high-speed internet increased, due to the work from home culture,, and the need for high-speed internet is likely to remain same in the future. Due to these factors, it is estimated that the market will grow significantly during the forecast period. Some of the key global players in thedense wave division multiplexing market include Alcatel-Lucent, Ciena Corporation, Cisco Systems, Inc., Huawei Technologies, ZTE, Fujitsu, Ltd., Infinera Corporation, and many others
Market Coverage
o By Components
o By Services
o By Industries
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Dense Wave Division Multiplexing Market
? Optical Switch Market
? Optical Transporters Market
? Optical Packet Platform Market
? Network Design and Optimization
? Network Maintenance and Support
? IT and telecom
? Financial services
? Healthcare
? Energy
? Manufacturing
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World