Optical Communication and Networking Market is Moving Fast! | Major Key Companies are Lumentum, Coriant, Inc., ECI Telecom, Infinera, Nokia, Cisco, Calix, ZTE, Broadcom, Oclaro, Ciena, Finisar

The report titled 'Global Optical Communication and Networking Market Research Report' is based on the comprehensive analysis undertaken by the analysts and contains thorough insights about the global market sphere. Detailed study of the business landscape, alongside the essential parameters shaping the commercialization matrix of the market is included.

An in-depth qualitative and quantitative research of the global market has been undertaken in this report. The study reckons various important aspects of the market by focusing on the historical and forecast data. Information pertaining to SWOT analysis as well as Porter's five force model, alongside the PESTEL analysis has been encompassed in the report.

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The optical communication and networking market is segmented on the basis of components, which include optical transceivers, optical fibers, optical splitters, optical amplifiers, optical switches, optical circulators, and others. Optical switches are the most widely used components as they reduce the number of network devices along with significant energy savings. As enterprises realize the benefits of optical fibers in reducing transmission loss with low latency and reduced data collision (fragmentation of data due to peak load), the optical fiber segment is expected to have the highest growth.

On the basis of technology, the optical communication and networking market segmentation includes Wavelength Division Multiplexing (WDM), Synchronous Optical Networking (SONET), and Fiber channels. WDM has the leading share due to its relatively simpler architecture, better scalability, high capacity to add/drop new channels, multiple ring terminations (ability to cancel signal anywhere during transmission), multi-services, and multiple fabrics.

North America is the largest optical communication and networking market. This can be attributed to the high concentration of data centers and cloud computing hubs in the U.S. The U.S. alone holds 3 million data centers, nearly 36% of the global data centers (8.4 million in 2018). The top mega data centers are also located in the U.S. (Facebook, Google, AWS), making it a highly conceivable market for optical communication.

The key players in the optical communication and networking market are Lumentum Operations, Coriant, ECI Telecom, Infinera, Nokia, Cisco, Calix, ZTE, Broadcom, Oclaro, Ciena, Finisar, ADVA Optical Networking, NEC, Arista Networks, Juniper Networks, Ericsson, NeoPhotonics, Fujitsu Optical Components, ADTRAN, Corning, Mitsubishi Electronics, and Huawei Technologies Co. These enterprises are focusing on organic development and offering newer products, for instance, 5G network virtualization and optical fiber biosensors.

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Optical Communication and Networking Market, By Component, 2014-2025 (USD Million)
o Optical Transceivers
o Optical Fibers
o Optical Splitters
o Optical Amplifiers
o Optical Switches
o Optical Circulators
o Others
Optical Communication and Networking Market, By Application, 2014-2025 (USD Million)
o Wavelength Division Multiplexing (WDM)
o Synchronous Optical Networking (SONET)
o Fiber Channels

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