Optical Networking and Communications Market

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MarketsandMarkets Presents
Optical Networking and Communications Market
worth 25.97 Billion by 2020
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According to a new market research report
Optical Networking and Communications Market by
Technology (Wavelength Division Multiplexing
(WDM), Synchronous Optical Networking (SONET)/
Synchronous Digital Hierarchy (SDH) and Fiber
Channel), by verticals (Aerospace and Defense,
Government, Manufactures, Submarine, Mining,
Transportation, Oil and Gas, Healthcare, Telecom,
Energy and Utilities) and by Geography - Global
Trends Forecasts to 2014 - 2020 the total
market is expected to generate revenue of 12.55
billion in 2013 and is expected to reach 25.97
billion by 2020, at an estimated CAGR of 10.5
from 2014-2020. http//www.marketsandmarkets.com/
Market-Reports/Optical-networking-communications-m
arket-227693036.html Browse 75 Market Data
Tables 51 Figures 200 pagesEarly buyers will
receive 10 customization on this report.
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Optical networking and communications uses
optical fiber which  has many benefits over
cooper wire with respect to its speed, bandwidth,
distance, resistance and maintenance. Fiber optic
cables operate at a high speed which ranges into
the gigabits. Its bandwidth consists of large
carrying capacity as compared to copper wire. The
Optical networking and communications market is,
at present, witnessing a spree of mergers,
partnerships, and acquisitions among market
players, which is resulting in a wide range of
challenges and opportunities. Optical networking
and communications technology types are
Wavelength Division Multiplexing (WDM),
Synchronous Optical Networking (SONET)/
Synchronous Digital Hierarchy (SDH), Fiber
Channel and others. Applications of Optical
networking and communications are Aerospace and
Defense, Government, Manufactures, Submarine,
Mining, Transportation, Oil and Gas, Healthcare,
Telecom, Energy and so on. This report covers
geographical regions which include North America,
Europe, Asia-Pacific and, the Rest of the World
(ROW).
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Europe is the largest geography in terms of
market revenue for the Optical networking and
communications market. APAC, North America, and
ROW are also considered promising markets, along
with China, Japan, India and the Middle East
which provide impetus to the growth. The major
drivers for Optical networking and communications
market are increased demand for 100g, growing
datacenter deployments, and rising adoption of
cloud-based services. There are some restraints
in the market such as high infrastructure cost
and lack of product knowledge to end users. There
is rapid growth Optical networking and
communications due to growth of infrastructure
and automation are the key opportunities for the
Optical networking and communications market. The
report profiles promising major players with a
SWOT analysis of key players in the Optical
networking and communications market. The
competitive landscape of the market presents an
interesting picture, where a large number of
small players have become a force to reckon with.
The market is witnessing a series of new product
launch announcement and partnership across the
value chain. The major companies in Optical
networking and communications market are Alcatel
Lucent (France), Cisco (U.S.), Verizon (U.S.),
Huawei (China), JDSU (U.S.), and Ciena (U.S.)and
many more.
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