Coherent Optical Equipment Market is segmented By Technology (100G, 400G+, 200G, 400G ZR), By Equipment (WDM, Modules/Chips, Optical Amplifiers, Test and Measurement Equipment, and Optical Switches), By End-User (Public Sector, Service Provider, and Industries), and By Application (Networking, Data Center, and OEMs) and Region (United States, Canada, Mexico, South America, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, South Africa, Rest of World)
Coherent Optical Equipment Market size was estimated at $36.9 billion in 2020 and is expected to reach $67.7 billion by 2028, growing at a CAGR of 9.2% during the forecast period of 2021 to 2028.
Coherent Optical Equipment is a collection of equipment that enables high-speed data transfer. It is essentially an optical fiber line that transmits data at a rate of 100G+ while also increasing the amount of data and transferrable capacity. Technologies such as magnitude and phase modulation of light with transfer across two polarizations are presented to increase coherent optical transmission. It is widely used in data centers, networking, and various sectors, including aviation, energy, and many others. Globally, the increasing demand to accept new IT arrangements with contemporary client slants is fueling interest in coherent optical equipment.
The market for coherent optical equipment is expected to expand rapidly due to the critical increase in transfer speed required to address inactivity concerns and ensure seamless information delivery. Numerous technological advancements have happened in the market for optical system equipment during the last few years. It is widely used by network access providers, specialized telecom companies, open divisions, and diverse enterprises. This is due to the rapid expansion of online penetration and the growing desire for high-quality visuals and music.
Consumer video on demand (VoD) traffic, internet surveillance cameras traffic, and network traffic for augmented reality (AR) and virtual reality (VR) have all grown in recent years as internet usage has expanded. This is likely to drive the coherent optical equipment markets growth in the future years. Additionally, the proliferation of new social media sites and applications is projected to increase network traffic, increasing the demand for coherent optical equipment. Further, telecom operators are developing their 4G infrastructure to support such colossal network traffic and offer high-bandwidth networks, which is projected to boost the coherent optical equipment market development throughout the forecast period.
Coherent Optical Equipment Market Growth and Trend
The coherent optical equipment market is expected to expand during the forecast period, owing to factors such as the popularity of the internet and a growing need for high-bandwidth services. However, high investment expenditures may restrain the markets total development. Nonetheless, technological advancements in the area are expected to create substantial development possibilities for the markets leading players over the forecast period.
The worldwide market for high-speed bandwidth is a significant driver of the global market. Additionally, worldwide technical improvements in networking infrastructure are projected to fuel the global markets growth throughout the forecast period. Additionally, the global increase in internet penetration is a critical reason to promote the global markets growth. However, in large nations, a shortage of effective fiber networks constrains the development of fiber backhaul to support tiny cells. On the contrary, market participants anticipate that the spread of the internet and associated services and goods in rural regions would be opportunistic.
Globally, rising data consumption and improved network coverage have driven the demand for coherent optical technology. The fifth-generation wireless network is projected to be the next technological breakthrough since it will allow for more data transmission while maintaining a more stable and dependable connection. This, in turn, is projected to fuel development in the market for coherent optical equipment. Additionally, the need for optical fiber is already growing due to fiber shortages and long-term plans for network development.
Coherent Optical Equipment Market Segmentation
The coherent optical equipment market is segmented by technology, equipment, end-user, and application. Based on technology, the market consists of 100G, 400G+, 200G, 400G ZR. By equipment, the market is divided into WDM, Modules/Chips, Optical Amplifiers, Test and Measurement Equipment, and Optical Switches. Based on end-user, the market is segmented into Public Sector, Service Provider, and Industries. Based on industry vertical, the market is divided into Networking, Data Center, and OEMs
Coherent Optical Equipment Market Country Analysis
North America continued to lead the global coherent optical equipment market in 2018, and this trend is expected to continue throughout the forecast period. This is linked to an increase in military sector expenditure aimed at enhancing security infrastructure through secure coherent optical equipment. Additionally, prominent companies operating in North America, such as Ciena Corporation and Cisco Systems, Inc., adds substantially to the markets growth. In terms of growth, it is followed by the Asia Pacific. Europe, Latin America, the Middle East, and Africa are areas with enormous future development potential that will influence worldwide coherent optical equipment market trends in the next few years.
Coherent Optical Equipment Market Share and Competition
The major players operating in the global coherent optical equipment market are Huawei Technologies, ECI Telecom Ltd., Infinera Corporation, Ciena Corporation, Nokia Corporation, Cisco Systems, ZTE Corporation, and Fujitsu Limited.
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Technology Analysis (Revenue, USD Million, 2021 - 2028)
• 400G ZR
Equipment Analysis (Revenue, USD Million, 2021 - 2028)
• Optical Amplifiers
• Test and Measurement Equipment
• Optical Switches
End-User Analysis (Revenue, USD Million, 2021 - 2028)
• Public Sector
• Service Provider
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Data Center
Region Analysis (Revenue, USD Million, 2021 – 2028)
• North America
• United States
• South America
• United Kingdom
• Asia Pacific
• South Korea
• Middle East
• GCC C ountries
• South Korea
• South Africa
• Rest of World
Coherent Optical Equipment Market Companies
• Huawei Technologies
• ECI Telecom Ltd.
• Infinera Corporation
• Ciena Corporation
• Nokia Corporation
• Cisco Systems
• ZTE Corporation
• Fujitsu Limited
• United States Coherent Optical Equipment Industry Research Report
• Europe Coherent Optical Equipment Industry Research Report
• Asia Pacific Coherent Optical Equipment Industry Research Report
Need report on this market for specific region or Country? Or need a customized report as per your need? Want to know discounts as available?
Or Fill the form below "Sample Request Form" with your queries in message box.
Please fill in the form below to Request for free Sample Report
Office Hours Mon - Sat 10:00 - 16:00
Send Us Mail email@example.com
© 2018 Market Decipher. All Rights Reserved