Global Optical Communication Market

Global Optical Communication Market by Types (Optical Fibers, Optical Amplifiers, and Optical Transceivers), Applications (Data Center, Telecom, and Enterprises), Technology (Width Division Multiplexing (WDM), Fiber Channel, and SONET), and Regions (North America, Asia Pacific, Europe, Middle East & Africa, and Latin America) and Forecast, 2021-2028.

  • Report ID: ICT-SE-3376
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 202
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The global optical communications market was valued USD 18 billion and is anticipated to expand at a CAGR of 5% during the forecast period, between 2021 and 2028. The requirement for higher bandwidth devices with a data throughput of greater than 100 Gigabits per second (Gbps) is likely to rise during the forecast period, owing to the fast expansion of 5G technology and high-performance applications enabled by cloud networks. Data security in high-capacity broadband networks, short-haul corporate and campus networks, high-bandwidth connections for DCI, and cloud computing are enabled by optical communication and networking devices with data speeds of more than 100 Gbps.

Global Optical Communication Market summary

The introduction of revolutionary technologies such as the Internet of Things (IoT) and Artificial Intelligence is fueling the requirement for faster internet connection standards. Traditional Internet lines (coaxial cables) have a maximum speed of 45 Megabits per second (45Mbps), whereas optical fibers can provide speed up to 100 Gigabytes per second (Gbps).

Supply chain disruptions due to the pandemic in the first quarter of 2020 had a substantial impact on demand for optical communication and networking components. Following the second quarter of 2020, the optical communication and networking market rebounded. This is due to rising demand for stable Internet access as a result of the growing work-from-home trend across the globe.

Market Trends, Drivers, Restraints and Opportunities

  • Increased Internet traffic and global demand for reliable internet access are driving the market expansion.
  • Rising reliance of economies and organizations on uninterruptible data access is generating an insatiable requirement for additional bandwidth, spurring the growth of the market.
  • Growing number of data centers and the use of cloud-based services are propelling the optical communication market.
  • Expanding use of open-air optical technology, also known as wireless optical transmission, to construct optical networks without optical fibers is estimated to fuel the market growth.
  • The rise in the adoption of multiplexing to add extra users to any hub in the optical communications field is positively influencing the growth of the market.

Scope of the report:

The report on the global optical communications market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Global Optical Communication Market - Industry Analysis, Size, Share, Growth, Trends And Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Types (Optical Fibers, Optical Amplifiers, and Optical Transceivers), Applications (Data Center, Telecom, and Enterprises), Technology (Width Division Multiplexing (WDM), Fiber Channel, and SONET)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Huawei Technologies Co., Nokia, Cisco, Ciena, ADTRAN, ZTE, Broadcom, Finisar, Fujitsu Optical Components, Infinera, ADVA Optical Networking, and NEC, Juniper Networks

Optical Communications Market Insights

Optical fibers segment to dominate the market

Based on types, the market can be classified as optical fibers, optical amplifiers, and optical transceivers. The optical fibers segment is anticipated to lead the market during the forecast period. Optical fibers provide multimode and single-mode interfaces that allow commercial firms to float effective data for communication. Rising demand for data centers, rapid installation of 5G network modules, and expanding data traffic are driving the demand for optical fibers across the globe.

Global Optical Communication Market types

Data centers segment to account a significant market share during the forecast period

On the basis of applications, the market can be segmented into data centers, telecom, enterprises, and others. The data centers segment held a large market share in 2020, owing to an increasing number of data centers employing optical fiber networks to manage massive data loads. The telecom segment is estimated to dominate in the projected timeline due to the increasing number of smartphones and Internet usage, as well as social media participation. In order to increase optical networking and communication in the digitally accelerated settings, developing countries such as China and India are prioritizing rapid infrastructure construction, network management, and planning.

Global Optical Communication Market application

Width division multiplexing (WDM) segment projected to hold a large market share

In terms of technology, the market can be divided into width division multiplexing (WDM), fiber channel, and SONET. The WDM segment is expected to account for a major market share during the forecast period. It transports various wavelengths in a single fiber cable and provides organizations with full-duplex communication and security. Moreover, increasing demand for high-speed data transfer is estimated to foster the segment growth.

Global Optical Communication Market technology

North America to account a large market share

In terms of regions, the market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. North America is anticipated to attain a larger market share in the projected timeline. High concentration of data centers and cloud computing hubs in the US, as well as the rapid development of the IT industry are proliferating the growth of the regional market.

Global Optical Communication Market region

Segments

Segments covered in the report
By Types

  • Optical Fibers
  • Optical Amplifiers
  • Optical Transceivers

By Applications

  • Data Centers
  • Telecom
  • Enterprises

By Technology

  • Width Division Multiplexing (WDM)
  • Fiber Channel
  • SONET

By Regions

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • Latin America

By Key Players

  • Huawei Technologies Co.
  • Nokia
  • Cisco
  • Ciena
  • ADTRAN
  • ZTE
  • Broadcom
  • Finisar
  • Fujitsu Optical Components
  • Infinera
  • ADVA Optical Networking
  • NEC
  • Juniper Networks

 

Competitive Landscape

The major players in the optical communication market are Huawei Technologies Co., Nokia, Cisco, Ciena, ADTRAN, ZTE, Broadcom, Finisar, Fujitsu Optical Components, Infinera, ADVA Optical Networking, and NEC, Juniper Networks.

Global Optical Communication Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Communication Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Optical Communication Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Optical Communication Market - Supply Chain
  4.5. Global Optical Communication Market Forecast
     4.5.1. Optical Communication Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Optical Communication Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Optical Communication Market Absolute $ Opportunity
5. Global Optical Communication Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Optical Communication Market Size and Volume Forecast by Types
     5.3.1. Optical Fibers
     5.3.2. Optical Amplifiers
     5.3.3. Optical Transceivers
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Optical Communication Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Optical Communication Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Optical Communication Demand Share Forecast, 2019-2026
7. North America Optical Communication Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Optical Communication Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Optical Communication Market Size and Volume Forecast by Types
     7.4.1. Optical Fibers
     7.4.2. Optical Amplifiers
     7.4.3. Optical Transceivers
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Optical Communication Demand Share Forecast, 2019-2026
8. Latin America Optical Communication Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Optical Communication Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Optical Communication Market Size and Volume Forecast by Types
     8.4.1. Optical Fibers
     8.4.2. Optical Amplifiers
     8.4.3. Optical Transceivers
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Optical Communication Demand Share Forecast, 2019-2026
9. Europe Optical Communication Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Optical Communication Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Optical Communication Market Size and Volume Forecast by Types
     9.4.1. Optical Fibers
     9.4.2. Optical Amplifiers
     9.4.3. Optical Transceivers
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Optical Communication Demand Share Forecast, 2019-2026
10. Asia Pacific Optical Communication Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Optical Communication Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Optical Communication Market Size and Volume Forecast by Types
     10.4.1. Optical Fibers
     10.4.2. Optical Amplifiers
     10.4.3. Optical Transceivers
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Optical Communication Demand Share Forecast, 2019-2026
11. Middle East & Africa Optical Communication Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Optical Communication Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Optical Communication Market Size and Volume Forecast by Types
     11.4.1. Optical Fibers
     11.4.2. Optical Amplifiers
     11.4.3. Optical Transceivers
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Optical Communication Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Optical Communication Market: Market Share Analysis
  12.2. Optical Communication Distributors and Customers
  12.3. Optical Communication Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Huawei Technologies Co.
     12.4.2. Nokia
     12.4.3. Cisco
     12.4.4. Ciena
     12.4.5. ADTRAN
     12.4.6. ZTE
     12.4.7. Broadcom
     12.4.8. Finisar
     12.4.9.

Segments covered in the report
By Types

  • Optical Fibers
  • Optical Amplifiers
  • Optical Transceivers

By Applications

  • Data Centers
  • Telecom
  • Enterprises

By Technology

  • Width Division Multiplexing (WDM)
  • Fiber Channel
  • SONET

By Regions

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • Latin America

By Key Players

  • Huawei Technologies Co.
  • Nokia
  • Cisco
  • Ciena
  • ADTRAN
  • ZTE
  • Broadcom
  • Finisar
  • Fujitsu Optical Components
  • Infinera
  • ADVA Optical Networking
  • NEC
  • Juniper Networks

 

The major players in the optical communication market are Huawei Technologies Co., Nokia, Cisco, Ciena, ADTRAN, ZTE, Broadcom, Finisar, Fujitsu Optical Components, Infinera, ADVA Optical Networking, and NEC, Juniper Networks.

Global Optical Communication Market keyplayers

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