Global Optical Network Hardware Market Overview:
An optical network links computer (or any other system that can produce or store data in electronic form) through optical fibres, which are made up of very thin glass cylinders or filaments that hold light signals (optical signals). Fiber optics has evolved into the foundation of our telecommunications and computer networking infrastructures. Optical fibre is the ideal method of data delivery for any data rate greater than a few tens of megabits per second and over distances greater than a kilometre. The first generation of fibre optic networks mostly used optical fibre as a substitute for copper cable for higher bit rate communication over longer distances. The second generation of fibre optic networks is only starting to emerge; these networks use fiber's ability to reach total bandwidth speeds ranging from tens of gigabits per second to terabits per second. Furthermore, they make use of signal routing and switching in the optical domain. The exponential evolution of technology, along with an insatiable appetite for bandwidth, is causing a rapid transformation of these networks from research labs to the marketplace.
- Growing Implementation of Low-Power Wide-Area Network (LPWAN)
- Energy and Cost-Efficient Properties
- Implementation of VoIP, LTE, and 5G Networks
- Rising Number of Smart Cities Across Nations
- Complementary Technologies
- Demand for Secure IoT Infrastructure
- Low Penetration in Emerging Regions Particularly West Asia
- Fierce Competitive Pressure
- Installation in Remote Regions
- Maintenance Costs
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Huawei Technologies Co. (China), Nokia (Finland), Cisco (United States), Ciena (United States), Mitsubishi Electric (Japan), ECI Telecom (Israel), ADTRAN (United States), ZTE (China), Broadcom (United States) and Finisar (United States). Additionally, following companies can also be profiled that are part of our coverage like Fujitsu Optical Components (Japan), Infinera (United States), ADVA Optical Networking (Germany), NEC (Japan), Juniper Networks (United States) and Ericsson (Sweden). Considering Market by Technology, the sub-segment i.e. WDM will boost the Optical Network Hardware market.
Latest Market Insights:
On 22nd October, 2019 - Nokia Introduced New Packet-Optical Switches For 5G Cloud RAN, “Nokia 1830”. By Allowing Packet-Based Transport for Mobile Fronthaul, Which Reduces the Expense and Complexity of Cloud RAN Deployments the New Switch Family Embraces A Combination of Existing and New Radio Interface Standards Transparently, Unifying Mobile Transport For 4G and 5G Networks. and On 20th December, 2019 - AT&T Launched Industry-First 400-Gigabit Optical Connection to Support Video, Augmented Reality, Gaming and Other 5G Needs. The Launch Marks the Move from 100G Interface to 400G Interface for the Industry as a whole, Designed for Speed, Flexibility, and Lower cost.
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Optical Network Hardware market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Optical Network Hardware market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Optical Network Hardware Manufactures, New Entrants and Investors, Optical Network Hardware Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.