Market Overview:
The global Optical Network Hardware market is expected grow moderately and register a value CAGR of 13.85% over the forecast period. Some of the protuberant drivers supporting the growth of global Optical Network Hardware market are identified as, growing demand of fiber optic network for datacenters, advancement in Li-Fi wireless connectivity and increased FTTH broadband internet penetration. However, lack of infrastructure in developing and under-developed countries and higher cost of transition and maintenance from existing cable are some of the restraining factor for the Optical Network Hardware market.
Optical Network Hardware Market is segmented by equipment and application. Based on equipment, Optical network hardware market is bifurcated into WDM and SONET/SDH. And on the basis of application, the market is segmented into broadband infrastructure, datacenter, fiber optic network and smart cities. The global market for broadband is increasing with the growing rate of internet and smartphone penetration. Broadband infrastructure comprise of wired technologies and wireless technologies, out of which FTTP (Fiber to the Premise) accounts for nearly 7% of global broadband subscriptions, thereby increasing the growth opportunity for optical network hardware market.
According to Market Research Future Analysis, Optical network hardware market has been valued at approx. USD 32 billion by the end of forecast period with 13% of CAGR during forecast period 2017 to 2023. Optical Network Hardware market, by equipment is segmented as WDM (Wavelength-division multiplexing) and SONET/SDH. The WDM accounted for the largest market share of 69% in 2017. The segment is anticipated to grow at value CAGR of 15% during the forecast period to reach USD 24 Billion by 2023. SONET/SDH is the second largest segment by equipment and is expected to grow at a CAGR of 10.45% during forecast period 2017-2023.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5446
Key Players:
In competitive landscape, the report studies the key developments adopted by the companies between 2015 and 2017. Players in this market adopted various strategies to expand their footprint and augment their market share. The key strategies followed by most companies in the global Optical Network Hardware market were agreements and collaborations, mergers and acquisitions, joint ventures and expansion.
Market Research Future (MRFR) recognizes the following companies as the key players in the Optical network hardware market – Huawei Technologies, Ciena Corporation, Alcatel Lucent, Infinera, Cisco systems, ADTRAN, ADVA Optical Networking, Ericsson, and ZTE Corporation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Optical Network Hardware Market: Segmental Analysis
The global optical network hardware market has been segmented on the basis of equipment and application. Based on equipment, the global optical network hardware market has been segmented into WDM and SONET/SDH. The wavelength-division multiplexing (WDM) segment commands for the major share of the global optical network hardware market and generated the highest market revenue of USD 10 Bn in the year 2017. This segment is also marked to expand at a CAGR of 15% during the forecast period of 2017-2023. Based on application, the global optical network hardware market has been segmented into broadband infrastructure, datacenter, fiber optic network and smart cities. Among these, the broadband infrastructure segment commands the major share of the global optical network hardware market owing to the growing rate of internet and smartphone penetration all over the world. However, the datacenter segment is marked to project fastest growth at a CAGR of 15% in the global optical network hardware market during the assessment period.
Global Optical Network Hardware Market: Regional Analysis
Geographically, the global optical network hardware market has been segmented into four major regions such as North America, Asia Pacific (APAC), Europe, and the Middle East and Africa. The North America region commands the major share of the global optical network hardware market. The optical netwrok hardware in this region generated the market revenue of USD 8 Bn in the year 2017 and in anticipated to expand at a noteworthy CAGR of 13% during the assessment period. High demand for internet connectivity, easy adoption of technologically advanced solutions and devices, increased utilization of smartphones by the population of all age groups and increasing number of optical network hardware manufacturers are majorly propelling the growth of the optical network hardware market in the North America region. The optical network hardware market in the Asia Pacific region is marked to project fastest growth at a CAGR of 15% during the assessment period owing to the increased manufacturing and export of hardware component as a result of increasing availability of raw materials and cheap labor in the emerging economies, high penetration of smart phones and increased demand for improved connectivity in this region.
Get Complete Report @ https://www.marketresearchfuture.com/reports/optical-network-hardware-market-5446
Intended Audience
Raw material providers
Component manufacturers
Original equipment manufacturers (OEMs)
Integrated device manufacturers (IDMs)
Original design manufacturers (ODMs)
Assembly, testing, and packaging vendors
Suppliers and distributors
Government
Technology investors
Research institutes
List of Tables
TABLE 1 GLOBAL OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 33
TABLE 2 GLOBAL OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 35
TABLE 3 GLOBAL OPTICAL NETWORK HARDWARE MARKET, BY REGION, 2017-2023 (USD MILLION) 39
TABLE 4 NORTH AMERICA OPTICAL NETWORK HARDWARE MARKET, BY COUNTRY, 2017-2023 (USD MILLION) 43
TABLE 5 NORTH AMERICA OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 44
TABLE 6 NORTH AMERICA OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 44
TABLE 7 U.S. OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 45
TABLE 8 U.S. OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 45
TABLE 9 CANADA OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 46
TABLE 10 CANADA OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 46
TABLE 11 MEXICO OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 47
TABLE 12 MEXICO OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 47
TABLE 13 EUROPE OPTICAL NETWORK HARDWARE MARKET, BY COUNTRY, 2017-2023 (USD MILLION) 50
TABLE 14 EUROPE OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 51
TABLE 15 EUROPE OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 51
TABLE 16 U.K OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 52
TABLE 17 U.K OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 52
TABLE 18 GERMANY OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 53
TABLE 19 GERMANY OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 53
TABLE 20 FRANCE OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 54
TABLE 21 FRANCE OPTICAL NETWORK HARDWARE MARKET, BY APPLICATION, 2017-2023 (USD MILLION) 54
TABLE 22 SPAIN OPTICAL NETWORK HARDWARE MARKET, BY EQUIPMENT, 2017-2023 (USD MILLION) 55
Continued…
Know More about this Report @ http://www.abnewswire.com/pressreleases/optical-network-hardware-market-2018-business-growth-development-status-historical-analysis-global-opportunities-future-plans-and-industry-estimated-to-rise-profitably-by-forecast-2023_230040.html
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312