According to a new market research report launched by Inkwood Research, the Global Optical Communication & Network Equipment Market is expected to advance at a CAGR of 7.52% during the forecast years 2021-2028 and is estimated to attain revenue worth $28.37 billion by 2028.
Boston, MA -- (SBWIRE) -- 03/22/2022 -- Browse 50 market data Tables and 43 Figures spread over 218 Pages, along with in-depth analysis on the Global Optical Communication & Network Equipment Market by Technology, Components, Industry Verticals, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Optical Communication & Network Equipment Market Scenario
There is a surge in the adoption of various technologies like AI and IoT, revolutionizing the business landscape. While IoT deals with device interaction through the internet, AI makes devices learn from their data. In this regard, optical networks are custom-made to handle high levels of data. Moreover, fiber is a key asset in drives the growth of 5G and IoT as the new cornerstones of the digital economy. As a result, the growth in IoT adoption creates several opportunities for the optical communication & network equipment market.
Additionally, cloud computing emerged as an ideal solution to accelerate several business operations. As a result, numerous organizations are embracing the potential of complex cloud computing solutions. This is another factor that drives the growth of the optical communication & network equipment market globally.
The Global Optical Communication & Network Equipment Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Optical Communication & Network Equipment Market by Technology, Components, Industry Verticals, & by Geography: https://inkwoodresearch.com/reports/optical-communication-and-network-equipment-market/#request-free-sample
Market Segmentation
Market by Technology
- Sonet
- WDM
- Fiber Channel
Market by Components
- Optical Fiber
- Transceiver
- Switch
- Other Components
Market by Industry Verticals
- IT & Telecom
- BFSI
- Military & Defense
- Oil & Gas
- Medical & Healthcare
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
- ADTRAN INC
- ALCATEL-LUCENT ENTERPRISE
- ARISTA NETWORKS INC
- CIENA CORPORATION
- CISCO SYSTEMS INC
- FUJITSU OPTICAL COMPONENTS LIMITED
- HUAWEI TECHNOLOGIES CO LTD
- INFINERA CORPORATION
- JUNIPER NETWORKS INC
- MITSUBISHI ELECTRIC CORPORATION
- NEC CORPORATION
- NOKIA CORPORATION
- RIBBON COMMUNICATIONS INC
- TELEFONAKTIEBOLAGET LM ERICSSON
- ZTE CORPORATION
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