Market by Components, Technology, Industry Verticals, and Geography | Forecast 2021-2028
As per Triton Market Research, the global optical communication and
network equipment market was valued at $13.65 billion in 2020 and is
anticipated to reach $23.57 billion by 2028, growing at a CAGR of 7.06% during
the forecasted period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
Optical communication and network refer to any communication or network
wherein light carries the signal to the remote end instead of using electrical
current. Moreover, optical communication has to rely on optical fibers quite
strongly in order to carry signals to their rightful destinations. The building
blocks of the optical communications system include a light signal, modulator/demodulator,
transparent channel, and transmitter/receiver.
Triton Market Research’s report on the optical communication and network
equipment market provides an in-depth insight into the market. The detailed
analysis of the market includes key insights, Porter’s five forces analysis,
market attractiveness index, vendor scorecard, key strategies, key impact
analysis, and impact of COVID-19 on the market.
Factors such as cloud-based and visualization services, the growing
trend of higher bandwidth devices, and a requirement of 5G infrastructure are
driving the market’s growth. The increase in optical data centers is mainly due
to a rise in the adoption of cloud computing, a growing need for reducing IT
costs, and for automation of data center operations. These data centers are
considered to have more advantages than their alternatives as they help foster
renewable energy sources, ensuring that energy consumption is reduced to a
certain level. As per estimates, by 2020, the top global companies Microsoft,
Amazon, and Google were operating about 600 hyper-scale data centers for half
of the world.
Further, the rise in demand for IoT (Internet of Things) is anticipated
to create affluent opportunities for the optical communication and network
equipment market. As per estimates, the worldwide spending on IoT is forecasted
to be $1.1 trillion by 2023. In this regard, optical communication network
equipment like optical fiber can carry a greater bandwidth of IoT applications.
On the contrary, the rising complexities negatively impact the studied market’s progress. With the growing aspects of networks, such as length of table configurations, the number of features, or firewall configurations, the network providers find it difficult to understand and manage the entire network. Besides, the problems faced by a fiber-optic link are difficult to identify due to the complexities in the fiber-optic networks, majorly affecting the market’s growth.
Key geographies covered in
the global optical communication and network equipment market are:
• North America: United
States and Canada
• Europe: United Kingdom,
France, Germany, Spain, Italy, Russia, Sweden, and Rest of Europe
• Asia-Pacific: China,
Japan, India, South Korea, ASEAN Countries, Australia & New Zealand, and
Rest of Asia-Pacific
• Latin America: Brazil,
Mexico, and Rest of Latin America
• Middle East and Africa:
United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle
East & Africa
The segmentation analysis of
the optical communication and network equipment market includes:
• Market
by Components:
o Optical Fiber
o Transceiver
o Switch
o Other Components
• Market
by Technology:
o SONET
o WDM
o Fiber Channel
• Market
by Industry Verticals:
o IT & Telecom
o BFSI
o Military & Defense
o Oil & Gas
o Medical & Healthcare
The distinguished companies in the global optical communication and
network equipment market consist of Alcatel Lucent Enterprise, Ciena
Corporation, Cisco Systems Inc, Fujitsu Optical Components Limited, Huawei
Technology Co Ltd, ZTE Corporation, Arista Networks Inc, Mitsubishi Electric
Corporation, Ericsson, Adtran Inc, NEC Corporation, Infinera Corporation,
Ribbon Communications Inc, Juniper Networks Inc, and Nokia Corporation.
1. GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET
2.2. KEY
INSIGHTS
2.2.1. EUROPE
TO BECOME FASTEST EVOLVING REGIONAL MARKET
2.2.2. DEPLOYMENT
OF FTTH IN SEVERAL COUNTRIES
2.2.3. ADVANCEMENTS
IN TECHNOLOGY
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
IMPACT ANALYSIS
2.6.1. COMPATIBILITY
2.6.2. TRANSMISSION
DISTANCE
2.6.3. DATA
RATE
2.6.4. WAVELENGTH
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. CONTRACTS
& PARTNERSHIPS
2.7.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. CLOUD-BASED
AND VISUALIZATION SERVICES
2.8.2. INCREASE
IN OPTICAL DATA CENTERS
2.9. MARKET
CHALLENGES
2.9.1. RISING
COMPLEXITIES IN NETWORKS
2.9.2. HIGH
INITIAL INVESTMENTS
2.10. MARKET
OPPORTUNITIES
2.10.1. RISE
IN DEMAND FOR IOT
2.10.2. GROWING
TREND OF HIGHER BANDWIDTH DEVICES
2.10.3. REQUIREMENT
OF 5G INFRASTRUCTURE
3. GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET OUTLOOK - BY COMPONENTS
3.1. OPTICAL
FIBER
3.2. TRANSCEIVER
3.3. SWITCH
3.4. OTHER
COMPONENTS
4. GLOBAL
OPTICAL COMMUNICATION AND NETWORK MARKET OUTLOOK - BY TECHNOLOGY
4.1. SONET
4.2. WDM
4.3. FIBER
CHANNEL
5. GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET OUTLOOK - BY INDUSTRY
VERTICALS
5.1. IT
& TELECOM
5.2. BFSI
5.3. MILITARY
& DEFENSE
5.4. OIL
& GAS
5.5. MEDICAL
& HEALTHCARE
6. GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY COMPONENTS
6.1.2. MARKET
BY TECHNOLOGY
6.1.3. MARKET
BY INDUSTRY VERTICALS
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY COMPONENTS
6.2.2. MARKET
BY TECHNOLOGY
6.2.3. MARKET
BY INDUSTRY VERTICALS
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. UNITED
KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. SWEDEN
6.2.4.8. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY COMPONENTS
6.3.2. MARKET
BY TECHNOLOGY
6.3.3. MARKET
BY INDUSTRY VERTICALS
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. ASEAN
COUNTRIES
6.3.4.6. AUSTRALIA
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY COMPONENTS
6.4.2. MARKET
BY TECHNOLOGY
6.4.3. MARKET
BY INDUSTRY VERTICALS
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST & AFRICA
6.5.1. MARKET
BY COMPONENTS
6.5.2. MARKET
BY TECHNOLOGY
6.5.3. MARKET
BY INDUSTRY VERTICALS
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. UNITED
ARAB EMIRATES
6.5.4.2. SAUDI
ARABIA
6.5.4.3. TURKEY
6.5.4.4. SOUTH
AFRICA
6.5.4.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. ADTRAN
INC
7.2. ALCATEL
LUCENT ENTERPRISE
7.3. ARISTA
NETWORKS INC
7.4. CIENA
CORPORATION
7.5. CISCO
SYSTEMS INC
7.6. FUJITSU
OPTICAL COMPONENTS LIMITED
7.7. HUAWEI
TECHNOLOGY CO LTD
7.8. INFINERA
CORPORATION
7.9. JUNIPER
NETWORKS INC
7.10. MITSUBISHI
ELECTRIC CORPORATION
7.11. NEC
CORPORATION
7.12. NOKIA
CORPORATION
7.13. RIBBON
COMMUNICATIONS INC
7.14. ERICSSON
7.15. ZTE
CORPORATION
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL OPTICAL
COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY GEOGRAPHY, 2021-2028 (IN $
MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: GLOBAL OPTICAL
COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $
MILLION)
TABLE 4: GLOBAL OPTICAL
COMMUNICATION AND NETWORK EQUIPMENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $
MILLION)
TABLE 5: GLOBAL OPTICAL
COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028
(IN $ MILLION)
TABLE 6: GLOBAL OPTICAL
COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY GEOGRAPHY, 2021-2028 (IN $
MILLION)
TABLE 7: NORTH AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $
MILLION)
TABLE 8: NORTH AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028
(IN $ MILLION)
TABLE 9: NORTH AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028
(IN $ MILLION)
TABLE 10: NORTH AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS,
2021-2028 (IN $ MILLION)
TABLE 11: EUROPE
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $
MILLION)
TABLE 12: EUROPE
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028
(IN $ MILLION)
TABLE 13: EUROPE
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028
(IN $ MILLION)
TABLE 14: EUROPE
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS,
2021-2028 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $
MILLION)
TABLE 16: ASIA-PACIFIC
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028
(IN $ MILLION)
TABLE 17: ASIA-PACIFIC
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028
(IN $ MILLION)
TABLE 18: ASIA-PACIFIC
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS,
2021-2028 (IN $ MILLION)
TABLE 19: LATIN AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $
MILLION)
TABLE 20: LATIN AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028
(IN $ MILLION)
TABLE 21: LATIN AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028
(IN $ MILLION)
TABLE 22: LATIN AMERICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS,
2021-2028 (IN $ MILLION)
TABLE 23: MIDDLE EAST AND
AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY,
2021-2028 (IN $ MILLION)
TABLE 24: MIDDLE EAST AND
AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS,
2021-2028 (IN $ MILLION)
TABLE 25: MIDDLE EAST AND
AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY,
2021-2028 (IN $ MILLION)
TABLE 26: MIDDLE EAST AND
AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY
VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: KEY IMPACT
ANALYSIS
FIGURE 3: NUMBER OF
INTERNET OF THINGS (IOT) CONNECTED DEVICES WORLDWIDE (IN BILLIONS)
FIGURE 4: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2020 &
2028 (IN %)
FIGURE 5: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY OPTICAL FIBER, 2021-2028
(IN $ MILLION)
FIGURE 6: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TRANSCEIVER, 2021-2028
(IN $ MILLION)
FIGURE 7: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY SWITCH, 2021-2028 (IN $
MILLION)
FIGURE 8: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY OTHER COMPONENTS,
2021-2028 (IN $ MILLION)
FIGURE 9: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2020 &
2028 (IN %)
FIGURE 10: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY SONET, 2021-2028 (IN $
MILLION)
FIGURE 11: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY WDM, 2021-2028 (IN $
MILLION)
FIGURE 12: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY FIBER CHANNEL, 2021-2028
(IN $ MILLION)
FIGURE 13: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020
& 2028 (IN %)
FIGURE 14: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY IT & TELECOM,
2021-2028 (IN $ MILLION)
FIGURE 15: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY BFSI, 2021-2028 (IN $
MILLION)
FIGURE 16: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY MILITARY & DEFENSE,
2021-2028 (IN $ MILLION)
FIGURE 17: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY OIL & GAS, 2021-2028
(IN $ MILLION)
FIGURE 18: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY MEDICAL &
HEALTHCARE, 2021-2028 (IN $ MILLION)
FIGURE 19: GLOBAL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, REGIONAL OUTLOOK, 2020
& 2028 (IN %)
FIGURE 20: UNITED
STATES OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 21: CANADA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: UNITED
KINGDOM OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 23: GERMANY
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: FRANCE
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: SPAIN
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: ITALY
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: RUSSIA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: SWEDEN
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: REST OF
EUROPE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: CHINA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: JAPAN
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 32: INDIA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 33: SOUTH KOREA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 34: ASEAN
COUNTRIES OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 35: AUSTRALIA
& NEW ZEALAND OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028
(IN $ MILLION)
FIGURE 36: REST OF
ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 37: BRAZIL
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 38: MEXICO
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 39: REST OF
LATIN AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN
$ MILLION)
FIGURE 40: UNITED ARAB
EMIRATES OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 41: SAUDI ARABIA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 42: TURKEY
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 43: SOUTH AFRICA
OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 44: REST OF
MIDDLE EAST & AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET
2021-2028 (IN $ MILLION)