Global Coherent Optical Equipment Market Company Share, Industry Size, Strategies and Forecast to 2030

Inkwood Research estimates that the Global Coherent Optical Equipment Market will evolve at a CAGR of 10.07% in terms of revenue during the forecast period, 2019-2028.
"Browse 51 Market Data Tables and 49 Figures spread over 150 Pages, along with an in-depth TOC on the Global Coherent Optical Equipment Market Forecast 2019-2028."

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Coherent optical equipment promotes 100G+ speed with the growing capacity of increased information transmission. The coherent digital receivers are capable of employing a different spectrally efficient modulation formats like M-ary phase-shift keying and quadrature-amplitude modulation. They rely on stable carrier-phase estimation in the digital domain.

Rising Access to High-speed Bandwidth Influences Market Growth
Bandwidth is the rate and amount of data transferred between two data points at a given amount of time. The growing digitalization has resulted in increased demand for high-speed bandwidth. Aspects like rising data transfer capability and faster application performance have increased the relevance of high-bandwidth spectrums. Also, advanced coherent optical equipment provides high baud rate signal transmissions and high spectral efficiency (SE).
Also, content streaming is projected to primarily influence market growth. With the increasing number of subscribers, the demand for streaming services is expected to surge. The rising smart city projects have fueled the need for energy-efficient data centers and supporting infrastructure. Therefore, the deployment of coherent optical systems is estimated to result in cost reductions for smart cities. Such aspects are set to drive market growth.
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Data Center is the Leading Application
Coherent optics are deployed for shorter distance communication between data centers with ranges up to 80 km. The advancing networking technologies supplement the evolution of IoT devices. This will boost the adoption of coherent optics. Further, it will result in network operators building new data centers.
Streaming series can benefit from edge computing in enhancing network performance by caching trending content closer to end-users in edge data centers. This boosts the demand for high-speed packet-optical connectivity.

North America to sustain its Dominant Position throughout 2019-2028
North America witnesses substantial adoption of mobile broadband and smartphones. The rising mobile internet penetration propelled by the US 4G and 5G coverage, stimulates market growth. The region encompasses next-generation technologies and networks, along with new broadband technology like GPON and G.now. The surging number of subscribers of several streaming services and machine-to-machine communication is set to result in increased demand for high data speed. This will enhance the demand for the market under study.
The market has less number of suppliers, and there is an increasing presence of key players in the industry. Some of the renowned companies in the market are Fujitsu Ltd, ECI Telecom, Ciena Corporation, Cisco Systems Inc, etc.

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