Global Optical network hardware Market, by Equipment and Application - Forecast 2023

Published - May 2019 | Category - ICT and Media | No. of Pages - 100 | Published By - Market Research Future

Global Optical Network Hardware Market is expected to reach the valuation of USD 32 billion by the end of the year 2023 growing at a CAGR of 13.85% during the estimated period (2017-2023)

Global Optical network hardware Market, by Equipment (WDM, SONET/SDH), By Application (Datacenter, Smart Cities, Broadband Infrastructure, Fiber Optic Network) - Forecast 2023

Optical networking is a kind of technique through which the digital information is carried through the light waves over the fiber optic cables. The approach of WDM (Wavelength-Division Multiplexing) supports in the data transmission process by utilizing numerous wavelengths of light through distinctive frequencies over a single optical fiber. The development in cloud administrations, rising IoT and expanding request of high bandwidth services, has driven the interest for optical transport networking frameworks. The expanding utilization of web for individual and business reason by customers has expanded the network traffic. To address this issue, the consumers are sending extra frameworks to existing optical systems.

Global Optical Network Hardware Market Major Key Players 

Huawei Technologies
Alcatel Lucent
Ciena Corporation
Cisco Systems
ADVA Optical Networking
ZTE Corporation


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