Optical Communication and Networking Equipment Market
Optical Communication and Networking Equipment Market Size, Share & Trends Analysis Report by Technology (WDM (Wavelength Division Multiplexing), Fiber Channel, and SONET (Synchronous Optical Network)), and by Vertical (BFSI, Government, Healthcare, Military and Defense, IT & Telecom, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Optical communication and networking equipment market is anticipated to grow at a CAGR of 8.5% during the forecast period. The growing initiatives by start-up across the globe is the major factor driving the growth of the market. Start-up companies are establishing fiber optics factories to cater to the demand for fiber optics across the globe. For instance, in July 2020, viaPhoton, Inc., established a fiber-optics factory in Aurora to fulfill the demand for 5G technology. The company supplies fiber optics to data centers and mobile communications companies to expand access to 5G services. This results in the growth of the overall optical communication and networking equipment market.
Segmental Outlook
The global optical communication and networking equipment market is segmented based on the technology, and vertical. Based on the technology, the market is sub-segmented into WDM, fiber channel, and SONET. Based on the vertical, the market is augmented into the BFSI, government, healthcare, military and defense, IT & telecom, and others. Among these, the fiber channel segment is expected to hold a considerable share of the market due to an increase in the demand for high-speed network technology to connect servers to data storage area networks.
Among components, the transceiver sub-segment is expected to hold a prominent share in the optical communication and networking equipment market over the forecast period. The growth is mainly attributed to the advent of technological advancements such as AI, machine learning, 5G communication, and others, which increases the data traffic and leads to creates demand for high-scale data centers. Key players are adopting various strategies such as partnerships and others to stay competitive in the market and to expand their business. For instance, in March 2020, Zain Group, partnered with Huawei Technologies Co., Ltd. The partnership aims to accelerate the migration from 4G to 5G including 5.5G innovation to enrich the customer experience across multiple markets. According to MoU signed between the companies, Huawei support Zain Group to optimize its network architecture to extend 5G capabilities to support IoT, ultra-reliable low latency communications, uplink-centric broadband, real-time broadband communication, harmonized communication, and sensing.
Regional Outlooks
The global optical communication and networking equipment market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific region is expected to hold a considerable share in the optical communication and networking equipment market during the forecast period, owing to the increasing digitization and availability of developing technological infrastructure in the region.
Global Optical Communication and Networking Equipment Market Growth, by Region 2022-2028
North American is Expected to Hold a Significant Share in the Global Optical Communication and Networking Equipment Market
Among all regions, North American is expected to hold a significant market share during the forecast period. The presence of optical communication and networking equipment market players such as., Cisco Systems Inc., and others are accelerating the growth of the optical communication and networking equipment market. Additionally, other region-based companies are also extending their presence in North America through its well-established subsidiary. These key players are acquiring other companies to expand services and stay competitive in the market. For instance, in February 2022, Fujitsu Ltd, an information and communications technology equipment and services provider company acquired Canberra-based oobe Pty Ltd, which specializes in end-user computing, applications, data, cloud, and cyber services and products, with a specific focus on Microsoft and Azure. Through this acquisition, Fujitsu expands its customer base across more industries.
Market Players Outlook
The major companies serving the global optical communication and networking equipment market include ADVA Optical Networking SE, Arista Networks, Inc., Broadcom Inc., Calix, Inc., Ciena Corp., Cisco Systems, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2022, ZTE Corp launched a series of new 5G products and solutions at the Mobile World Congress in Barcelona, Spain. The company is building the simplest 5G network with energy efficiency, boosting the digital transformation of the industries with an all-in-one private network and operating the complex network with ease.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global optical communication and networking equipment market. based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Optical Communication and Networking Equipment Market by Technology
4.1.1. WDM (Wavelength Division Multiplexing)
4.1.2. Fiber Channel
4.1.3. SONET (Synchronous Optical Network)
4.2. Global Optical Communication and Networking Equipment Market by Vertical
4.2.1. BFSI
4.2.2. Government
4.2.3. Healthcare
4.2.4. Military and Defense
4.2.5. IT & Telecom
4.2.6. Others (Oil and Gas)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ADTRAN Inc.
6.2. ADVA Optical Networking SE
6.3. Arista Networks, Inc.
6.4. Broadcom Inc.
6.5. Calix, Inc.
6.6. Ciena Corp.
6.7. Cisco Systems, Inc.
6.8. Coherent Corp.
6.9. Corning Inc.
6.10. Fujitsu Ltd.
6.11. Huawei Technologies Co., Ltd.
6.12. Infinera Corp.
6.13. Juniper Network, Inc.
6.14. Lumentum Holdings Inc.
6.15. Microchip Technology Inc.
6.16. Nec Corp.
6.17. Nokia
6.18. ZTE Corp.
1. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
2. GLOBAL WDM OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL FIBER CHANNEL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SONET OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
6. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR MILITARY AND DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR OTHER VERTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. NORTH AMERICAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
16. EUROPEAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
18. EUROPEAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
22. REST OF THE WORLD OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. REST OF THE WORLD OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
24. REST OF THE WORLD OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
1. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
2. GLOBAL WDM OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL FIBER CHANNEL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SONET OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SHARE BY VERTICAL, 2021 VS 2028 (%)
6. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR BFSI MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR GOVERNMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR HEALTHCARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR MILITARY AND DEFENSE MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR IT AND TELECOM MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. US OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
15. UK OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD OPTICAL COMMUNICATION AND NETWORKING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
