12-12-2018 04:23 AM CET - Advertising, Media Consulting, Marketing Research

Wavelength Selective Switch Market will reach 120 million US$ in 2023

Press release from: Global Info Research

New report published by Global Info Research which offers insights on the global Wavelength Selective Switch market.

Wavelength selective switching components are used in WDM optical communications networks to route (switch) signals between optical fibres on a per-wavelength basis. WSS has become the central heart of modern DWDM reconfigurable Agile Optical Network (AOC). WSS can dynamically route, block and attenuate all DWDM wavelengths within a network node.

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Global Wavelength Selective Switch Market: Forecast by Type / Application / Region

The industry is very concentration, the key brand include Lumentum (JDSU), Finisar, CoAdna (II-VI), Nistica (Molex), Santec are the leaders in this market. Top 3 brands are Lumentum (JDSU), Finisar, CoAdna (II-VI) and they account for 91% market share in 2017. Furthermore in the past years these manufacturers were all merged by other different enterprises.

The important factor driving the development of the WSS market is the popularity of 5G. 5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. The networks will help power a huge rise in Internet of Things technology, providing the infrastructure needed to carry huge amounts of data, allowing for a smarter and more connected world. With development well underway, 5G networks are expected to launch across the world by 2020, working alongside existing 3G and 4G technology to provide speedier connections that stay online. Therefore, the application of 5G will lead to the rapid expansion of the WSS market in the future.

The worldwide market for Wavelength Selective Switch is expected to grow at a CAGR of roughly -1.9% over the next five years, will reach 120 million US$ in 2023, from 130 million US$ in 2017, according to a new GIR (Global Info Research) study.

Global Nonferrous Metal Recycling Market:Key Players
Lumentum (JDSU)
CoAdna (II-VI)
Nistica (Molex)

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Related Information:
United States Wavelength Selective Switch Market 2018 Forecast to 2023
Europe Wavelength Selective Switch Market 2018 Forecast to 2023
North America Wavelength Selective Switch Market 2018 Forecast to 2023
Asia-Pacific Wavelength Selective Switch Market 2018 Forecast to 2023
China Wavelength Selective Switch Market 2018 Forecast to 2023
EMEA Wavelength Selective Switch Market 2018 Forecast to 2023
Global Wavelength Selective Switch Market 2018 Forecast to 2023

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