Global Optical Communications Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The global optical communications market is expected to grow at USD ~24 billion by 2023, at a CAGR of ~9% during the forecast period 2017-2023.
Verizon Communications (US), Maxim Integrated (U.S), AT&T Inc. (U.S), Vodafone Group PLC (UK); Telefonica, S.A (Spain), Orange (France), Deutsche Telekom AG (Germany), Telkom SA SOC Ltd. (South Africa), Singapore Telecommunications Limited (Singapore), Telstra Corporation Ltd. (Australia), Hetzner Online, and GmbH (Germany) are some of the key players of the global optical communications market.
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Optical communication is used for sending information by leveraging light as a carrier. It consists of a transmitter to encode, a channel for carrying the information, and a receiver to decode and reproduce the information. In the assessment presented by Market Research Future MRFR, the global optical communications market is expected to strike 9% CAGR during the evaluation period 2027 to 2023. It also unfolds that the valuation of the market will surpass USD 24 Bn by the end of 2023.
The light source used for communication depends on the distance of information transmission. For long-distance application, laser diodes are preferred. Also, light-emitting diodes (LEDs) are preferred for short-distance communication. The technology has been developed to ensure effective transmission of information for both short and long-distance. This, in turn, is assessed to drive the growth of the optical communications market in the foreseeable future.
Optical communication ensures low power consumption which is one of the drivers of the market. In addition, the technology uses optical fibers that enable high bandwidth. It is one of the factors that has led to large-scale adoption of the technology. Also, the report asserts that the adoption rate is likely to remain high in the near future, thus supporting the growth of the optical communications market.
Rising urbanization has led to an increase in demand for high-speed internet services. It’s is anticipated to develop the optical communications market over the next few years. Also, the rising adoption of wireless technology for both commercial and residential applications is expected to accelerate revenue creation in the market over the evaluation period. The advent of industrial automation, in conjunction with rising adoption of connected devices, is also prognosticated to support the expansion of the market in the upcoming years. On the flip side, the risks associated with the network security remains impediment to the growth of the optical communication systems market.
- Optical communications companies
- Optical communications providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
The segments of the Optical Communications Market, based on components, are optical switches, optical amplifiers, optical fibers, optical circulators, optical transceivers, optical splitters, and others.
The segmental assessment of the optical communications market on the basis of technology covers wavelength-division multiplexing, synchronous optical networking, fiber channel, and others,
On the basis of end-user, the segments of the optical communications market are aerospace and defense, industrial, medical, astronomy, IT & Telecommunications, and others
By application, the optical communications market has been segmented into enterprise, data center, telecom, and others.
The regional evaluation of the global optical communications market covers the following regional segments – North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). A country-level analysis of these segments is also presented in this assessment. North America is a leading market for optical communications. Increasing demand for high-speed data services in the region is observed to be driving the growth of the market. It is poised to continue encouraging growth of the optical communications market over the assessment period. Also, the increasing demand for wireless technology is poised to unleash growth opportunities in the regional market.
Europe is a crucial growth pocket as the optical communications market there is likely to witness rapid developments. Increasing availability of high-speed internet services in the region is projected to catalyze the expansion of the market. Asia Pacific optical communications market is expected to emerge as the fastest-growing regional market.
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Heterogeneous Network
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
List of Tables
Table 1 Optical Communications Market, by Component
Table 2 Optical Communications Market, by Technology
Table 3 Optical Communications Market, by Applications
Table 4 Optical Communications Market, by Vertical
Table 5 Optical Communications Market, by Region
Table 6 North America Optical Communications Market, by Component
Table 7 North America Optical Communications Market, by Technology
Table 8 North America Optical Communications Market, by Applications
List of Figures
Figure 1 Research Component
Figure 2 Optical Communications Market, by Component (%)
Figure 3 Optical Communications Market, by Technology (%)
Figure 4 Optical Communications Market, by Applications (%)
Figure 5 Optical Communications Market, by Vertical (%)
Figure 6 Optical Communications Market, by Region (%)
Figure 7 North America Optical Communications Market, by Component (%)
Figure 8 North America Optical Communications Market, by Technology (%)
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