Optical communications is a technology wherein data is transmitted via optic signals or infra-rays, which has several advantages over cooper wire with respect to distance, bandwidth, speed, maintenance, and resistance.
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Optical Networking and Communications Market Forecast Report To 2020: Grand View Research, Inc.
1. Optical Networking and Communications Market Analysis,
Market Size, Application Analysis, Regional Outlook,
Competitive Strategies And Forecasts, 2015 To 2022
The increasing need for faster and reliable communication is a major factor driving
the optical networking and communications market over the forecast period.
Optical communications is a technology wherein data is transmitted via optic
signals or infra-rays, which has several advantages over cooper wire with respect
to distance, bandwidth, speed, maintenance, and resistance. Fiber optic cables’
bandwidth is characterized by large carrying capacity as opposed to copper wires
and their operating speeds range into gigabits.
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analysis/optical-networking-and-communications-market
2. The technology serves industry verticals that include telecom, energy & utilities,
government, transportation, aerospace & defense, submarines, mining, and oil &
gas. Optical networks and communications operate from local area network to
wide area networks for communications across cities and continents. The ability to
achieve high bandwidths enables optical networks and communications to achieve
speeds equivalent to 100G, which drives the optical networking and
communications market. Increasing use of cloud-based services along with rise in
the deployment of datacenters has fueled the need for optical networking and
communications.
3. On the basis of technology, optical communication and networking market can be
segmented into Synchronous Digital Hierarchy (SDH), Wavelength Division
Multiplexing (WDM), Fiber Channel, and Synchronous Optical Networking
(SONET). Typical optical networking and communications services include
consulting, deployment, training, and maintenance. Europe and North America
form the major optical networking and communications regional markets due to
the presence of advanced telecommunications network, specifically in countries
such as the UK, Germany, U.S., and France. Developing countries such as India,
China and Indonesia from Asia Pacific are estimated to have high growths over the
next seven years which can be attributed to high household internet penetration, the
perennially increasing number of mobile phone internet users, and increased
adoption of cloud computing. Growing demand in the Middle East is expected to
open up new avenues for market growth.
4. The present-day optical networking and communications market is characterized
by mergers, acquisitions, and partnerships among key market players, which has
resulted in the opening up of several opportunities and challenges. The key players
in optical networking and communications market include Cisco Systems Inc., JDS
Uniphase Corporation, Verizon Communications Inc., Ciena Corporation, Alcatel-
Lucent Inc., Huawei Technology, Ericsson Inc., Fujitsu Ltd., and MRV
Communications.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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