January 15, 2015

The total market for optical networking and communications is expected to generate revenue of USD 12.55 billion in 2013 and is expected to reach USD 25.97 billion by 2020, at an estimated CAGR of 10.5% from 2014-2020, as per a new market research report “Optical Networking and Communications Market- Global Trends & Forecasts to 2014 – 2020. The report is prepared analyzing the market w.r.t Technology, verticals, and Geography.

The report covers the optical networking and communications technology types viz. Wavelength Division Multiplexing (WDM), Synchronous Optical Networking (SONET)/ Synchronous Digital Hierarchy (SDH), Fiber Channel and others.

The verticals and applications of optical networking and communications covered in the report are Aerospace and Defense, Government, Manufactures, Submarine, Mining, Transportation, Oil and Gas, Healthcare, Telecom, Energy and so on.

This report also covers geographical regions which include North America, Europe, Asia-Pacific and, the Rest of the World (ROW). 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.