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Putting A New Spin On Things: How the Fiber Optic Security is Contributing to the ICT Industry

04-30-2019 09:06 AM CET | IT, New Media & Software

Press release from: Fiber Optic Security Market

Putting A New Spin On Things: How the Fiber Optic Security

MarketResearchReports.Biz announces addition of new report "Fiber Optic Security Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025" to its database.

Nowadays, millions of miles of fiber optic cables are spanning across the world, carrying incredible amount of critical data including, financial, government, defense, medical as well as personal information. Few years back, fiber optic cable was considered as the most secure communication infrastructure, to transfer information from one place to another. But, since last decade researchers have suggested that a fiber optic cable is as easy to tap as a copper cable. Considering the criticality of the data these fiber optic cables transmits, security of these cables is arising as an important concern for organizations.

Majorly Fiber Optic Security is categorized into; Physical Layer Fiber Optic Security, and Data Layer Fiber Optic Security. Physical Layer Fiber Optic Security refers to the security of the cable itself in case of fiber splicing, bending, or clamping. Data Layer Fiber Optic Security refers to the tapping of optic fiber by intruding the flow of data. Extensive deployment of fiber optic cables across the globe, is creating an intensive need for proficient Fiber Optic Security solutions. Presently, the Fiber Optic Security market is experiencing moderate growth globally, and considerably high adoption in developed regions. But, in the forecast period the Fiber Optic Security market is expected to gain momentum.

Fiber Optic Security Market: Drivers & Challenges

Extensive deployment of fiber optic cables throughout the globe, is enhancing the requirement of security of these cables intensively, and is one of the major factors driving the growth of Fiber Optic Security market world-wide. Increasing focus of organizations in verticals such as government, defense, banking & finance, and telecommunication, which deals with critically sensitive information; in maintaining security of their data flowing through these fiber optic cables is also driving the market for Fiber Optic Security. Deploying fiber optic cables in itself is extremely expensive, and investing further in the security of these cables, increases the overall cost to a great extent. High cost of deployment and maintenance is an important challenge in the Fiber Optic Security market. Developing intelligent physical layer fiber monitoring solutions is an imperative trend being followed in the Fiber Optic Security market.

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Fiber Optic Security Market: Segmentation

Segmentation of Fiber Optic Security Market, By Type

-Physical Layer Security
-Data Layer Security

Segmentation of Fiber Optic Security Market, By Component

-Hardware
-Software
-Service

Segmentation of Fiber Optic Security Market, By Industries

-Telecommunication and IT
-BFSI
-Government
-Defense
-Others

Fiber Optic Security Market: Regional Overview

In terms of geographical markets, North America is expected to lead the overall Fiber Optic Security market, with holding largest share of the global Fiber Optic Security market. Asia Pacific region is expected to grow at a high CAGR in the forecast period in Fiber Optic Security market, due to advancements in the telecommunication sector. Japan is also investing heavily in the fiber optics market, creating potential need for Fiber Optic Security solutions in the country.

Fiber Optic Security Market: Competitive Landscape

-Key Contracts/Agreement/Acquisitions
In January 2016, Ciena Corporation entered into an agreement with TeraXion Inc., a manufacturer of photonic products to emerging markets for applications in fiber-optic communication, lasers, and sensing; to acquire its HSPC assets, at USD32 million. This agreement was aimed at strengthening Ciena's WaveLogic coherent optical chipsets portfolio, and making the optical layer of advanced networks in becoming more intelligent and responsive.
-Key Players
Few of the major players in Fiber Optic Security market include Fiber SenSys, Inc., Ciena Corporation, NuCrypt, Lumentum Operations LLC, NTest Inc., TeliSwitch Solutions Ltd., Future Fiber Technologies, Opterna, Oyster Optics, Inc. and others.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

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The report provides the following information:

-Tailwinds and headwinds molding the market’s trajectory
-Market segments based on products, technology, and applications
-Prospects of each segment
-Overall current and possible future size of the market
-Growth pace of the market
-Competitive landscape and key players’ strategies

The main aim of the report is to:

-Enable key stakeholder’s in the market bet right on it
-Understand the opportunities and pitfalls awaiting them
-Assess the overall growth scope in the near term
-Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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