Press release
Optical Communications Market Size (24 billion USD) and Growth Rate by Regions 2017-2023
Market Highlights:The study reveals that North America region dominates the optical communications market. Innovation in communication and data transmission at high-speed and long-distance is appealing the market growth. The demand for optical communication is growing due to various factors such it reduces the complexity, shortened manufacturing cycles, increase the value of the products, and others. In 2016, Corning Incorporated went into the merger agreement with Alliance Fiber Optic Products, Inc. to expand its market access to cloud data-center operators and original equipment manufacturer.
The North America region is experiencing higher demand from various sectors such as aerospace, healthcare, telecommunications and others. The prominent companies such as Verizon Communications (US), AT&T Inc. (U.S), Maxim Integrated (U.S) are providing optical communications solutions to improve signal processing functions. Due to the changing market trends & emerging opportunities, optical communications market is estimated to grow rapidly with a huge demand in the market.
The global Optical Communications Market is expected to reach USD ~ 24 billion at a CAGR of over 9% by the end of the forecast period.
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Prominent Players in the Global Optical Communications Market:
Verizon Communications (US),
AT&T Inc. (U.S),
Maxim Integrated (U.S),
Vodafone Group PLC (UK);
Deutsche Telekom AG (Germany),
Telefonica, S.A (Spain),
Orange (France),
Telkom SA SOC Ltd. (South Africa),
Telstra Corporation Ltd. (Australia),
Singapore Telecommunications Limited (Singapore),
Hetzner Online GmbH (Germany)
Market Research Analysis:
The global optical communications market is studied on the basis of four regions: the Americas, Europe, Asia Pacific, and Rest of world. North America region is dominating the global optical communications market. The optical communications market is witnessing a high growth due to huge demand for photonics, communications, electronics, and signal processing. Europe is projected to hold the second largest share of optical communications market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.
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Intended Audience:
• 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
Table of Content
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
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
3.1 Introduction
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
6 Global Optical Communications Market, By Segments
Continued….
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