GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028

ICT | Semiconductor

GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028

Market by Components, Technology, Industry Verticals, and Geography | Forecast 2021-2028

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As per Triton Market Research, the global optical communication and network equipment market was valued at $13.65 billion in 2020 and is anticipated to reach $23.57 billion by 2028, growing at a CAGR of 7.06% during the forecasted period 2021-2028.


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Optical communication and network refer to any communication or network wherein light carries the signal to the remote end instead of using electrical current. Moreover, optical communication has to rely on optical fibers quite strongly in order to carry signals to their rightful destinations. The building blocks of the optical communications system include a light signal, modulator/demodulator, transparent channel, and transmitter/receiver.

Triton Market Research’s report on the optical communication and network equipment market provides an in-depth insight into the market. The detailed analysis of the market includes key insights, Porter’s five forces analysis, market attractiveness index, vendor scorecard, key strategies, key impact analysis, and impact of COVID-19 on the market.

Factors such as cloud-based and visualization services, the growing trend of higher bandwidth devices, and a requirement of 5G infrastructure are driving the market’s growth. The increase in optical data centers is mainly due to a rise in the adoption of cloud computing, a growing need for reducing IT costs, and for automation of data center operations. These data centers are considered to have more advantages than their alternatives as they help foster renewable energy sources, ensuring that energy consumption is reduced to a certain level. As per estimates, by 2020, the top global companies Microsoft, Amazon, and Google were operating about 600 hyper-scale data centers for half of the world.

Further, the rise in demand for IoT (Internet of Things) is anticipated to create affluent opportunities for the optical communication and network equipment market. As per estimates, the worldwide spending on IoT is forecasted to be $1.1 trillion by 2023. In this regard, optical communication network equipment like optical fiber can carry a greater bandwidth of IoT applications.

On the contrary, the rising complexities negatively impact the studied market’s progress. With the growing aspects of networks, such as length of table configurations, the number of features, or firewall configurations, the network providers find it difficult to understand and manage the entire network. Besides, the problems faced by a fiber-optic link are difficult to identify due to the complexities in the fiber-optic networks, majorly affecting the market’s growth.



Key geographies covered in the global optical communication and network equipment market are:

•           North America: United States and Canada

•           Europe: United Kingdom, France, Germany, Spain, Italy, Russia, Sweden, and Rest of Europe

•           Asia-Pacific: China, Japan, India, South Korea, ASEAN Countries, Australia & New Zealand, and Rest of Asia-Pacific

•           Latin America: Brazil, Mexico, and Rest of Latin America

•           Middle East and Africa: United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle East & Africa

The segmentation analysis of the optical communication and network equipment market includes:

•           Market by Components:

           o          Optical Fiber

           o          Transceiver

           o          Switch

           o          Other Components

•           Market by Technology:

           o          SONET

           o          WDM

           o          Fiber Channel

•           Market by Industry Verticals:

           o          IT & Telecom

           o          BFSI

           o          Military & Defense

           o          Oil & Gas

           o          Medical & Healthcare

The distinguished companies in the global optical communication and network equipment market consist of Alcatel Lucent Enterprise, Ciena Corporation, Cisco Systems Inc, Fujitsu Optical Components Limited, Huawei Technology Co Ltd, ZTE Corporation, Arista Networks Inc, Mitsubishi Electric Corporation, Ericsson, Adtran Inc, NEC Corporation, Infinera Corporation, Ribbon Communications Inc, Juniper Networks Inc, and Nokia Corporation. 

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Table of Content

1. GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET

2.2. KEY INSIGHTS

2.2.1. EUROPE TO BECOME FASTEST EVOLVING REGIONAL MARKET

2.2.2. DEPLOYMENT OF FTTH IN SEVERAL COUNTRIES

2.2.3. ADVANCEMENTS IN TECHNOLOGY

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY IMPACT ANALYSIS

2.6.1. COMPATIBILITY

2.6.2. TRANSMISSION DISTANCE

2.6.3. DATA RATE

2.6.4. WAVELENGTH

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT LAUNCHES

2.7.3. CONTRACTS & PARTNERSHIPS

2.7.4. BUSINESS EXPANSIONS & DIVESTITURES

2.8. MARKET DRIVERS

2.8.1. CLOUD-BASED AND VISUALIZATION SERVICES

2.8.2. INCREASE IN OPTICAL DATA CENTERS

2.9. MARKET CHALLENGES

2.9.1. RISING COMPLEXITIES IN NETWORKS

2.9.2. HIGH INITIAL INVESTMENTS

2.10. MARKET OPPORTUNITIES

2.10.1. RISE IN DEMAND FOR IOT

2.10.2. GROWING TREND OF HIGHER BANDWIDTH DEVICES

2.10.3. REQUIREMENT OF 5G INFRASTRUCTURE

3. GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET OUTLOOK - BY COMPONENTS

3.1. OPTICAL FIBER

3.2. TRANSCEIVER

3.3. SWITCH

3.4. OTHER COMPONENTS

4. GLOBAL OPTICAL COMMUNICATION AND NETWORK MARKET OUTLOOK - BY TECHNOLOGY

4.1. SONET

4.2. WDM

4.3. FIBER CHANNEL

5. GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET OUTLOOK - BY INDUSTRY VERTICALS

5.1. IT & TELECOM

5.2. BFSI

5.3. MILITARY & DEFENSE

5.4. OIL & GAS

5.5. MEDICAL & HEALTHCARE

6. GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1. MARKET BY COMPONENTS

6.1.2. MARKET BY TECHNOLOGY

6.1.3. MARKET BY INDUSTRY VERTICALS

6.1.4. COUNTRY ANALYSIS

6.1.4.1. UNITED STATES

6.1.4.2. CANADA

6.2. EUROPE

6.2.1. MARKET BY COMPONENTS

6.2.2. MARKET BY TECHNOLOGY

6.2.3. MARKET BY INDUSTRY VERTICALS

6.2.4. COUNTRY ANALYSIS

6.2.4.1. UNITED KINGDOM

6.2.4.2. GERMANY

6.2.4.3. FRANCE

6.2.4.4. SPAIN

6.2.4.5. ITALY

6.2.4.6. RUSSIA

6.2.4.7. SWEDEN

6.2.4.8. REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1. MARKET BY COMPONENTS

6.3.2. MARKET BY TECHNOLOGY

6.3.3. MARKET BY INDUSTRY VERTICALS

6.3.4. COUNTRY ANALYSIS

6.3.4.1. CHINA

6.3.4.2. JAPAN

6.3.4.3. INDIA

6.3.4.4. SOUTH KOREA

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND

6.3.4.7. REST OF ASIA-PACIFIC

6.4. LATIN AMERICA

6.4.1. MARKET BY COMPONENTS

6.4.2. MARKET BY TECHNOLOGY

6.4.3. MARKET BY INDUSTRY VERTICALS

6.4.4. COUNTRY ANALYSIS

6.4.4.1. BRAZIL

6.4.4.2. MEXICO

6.4.4.3. REST OF LATIN AMERICA

6.5. MIDDLE EAST & AFRICA

6.5.1. MARKET BY COMPONENTS

6.5.2. MARKET BY TECHNOLOGY

6.5.3. MARKET BY INDUSTRY VERTICALS

6.5.4. COUNTRY ANALYSIS

6.5.4.1. UNITED ARAB EMIRATES

6.5.4.2. SAUDI ARABIA

6.5.4.3. TURKEY

6.5.4.4. SOUTH AFRICA

6.5.4.5. REST OF MIDDLE EAST & AFRICA

7. COMPETITIVE LANDSCAPE

7.1. ADTRAN INC

7.2. ALCATEL LUCENT ENTERPRISE

7.3. ARISTA NETWORKS INC

7.4. CIENA CORPORATION

7.5. CISCO SYSTEMS INC

7.6. FUJITSU OPTICAL COMPONENTS LIMITED

7.7. HUAWEI TECHNOLOGY CO LTD

7.8. INFINERA CORPORATION

7.9. JUNIPER NETWORKS INC

7.10. MITSUBISHI ELECTRIC CORPORATION

7.11. NEC CORPORATION

7.12. NOKIA CORPORATION

7.13. RIBBON COMMUNICATIONS INC

7.14. ERICSSON

7.15. ZTE CORPORATION

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)        

TABLE 2: VENDOR SCORECARD        

TABLE 3: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $ MILLION)     

TABLE 4: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)      

TABLE 5: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)  

TABLE 6: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)        

TABLE 7: NORTH AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION) 

TABLE 8: NORTH AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $ MILLION)    

TABLE 9: NORTH AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)    

TABLE 10: NORTH AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION) 

TABLE 11: EUROPE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)  

TABLE 12: EUROPE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $ MILLION)     

TABLE 13: EUROPE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)      

TABLE 14: EUROPE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)  

TABLE 15: ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)        

TABLE 16: ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $ MILLION)           

TABLE 17: ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)           

TABLE 18: ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)        

TABLE 19: LATIN AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION) 

TABLE 20: LATIN AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $ MILLION)    

TABLE 21: LATIN AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)    

TABLE 22: LATIN AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION) 

TABLE 23: MIDDLE EAST AND AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 24: MIDDLE EAST AND AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2021-2028 (IN $ MILLION)   

TABLE 25: MIDDLE EAST AND AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)    

TABLE 26: MIDDLE EAST AND AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: KEY IMPACT ANALYSIS     

FIGURE 3: NUMBER OF INTERNET OF THINGS (IOT) CONNECTED DEVICES WORLDWIDE (IN BILLIONS)         

FIGURE 4: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY COMPONENTS, 2020 & 2028 (IN %)     

FIGURE 5: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY OPTICAL FIBER, 2021-2028 (IN $ MILLION)    

FIGURE 6: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TRANSCEIVER, 2021-2028 (IN $ MILLION)     

FIGURE 7: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY SWITCH, 2021-2028 (IN $ MILLION)      

FIGURE 8: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY OTHER COMPONENTS, 2021-2028 (IN $ MILLION)  

FIGURE 9: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)      

FIGURE 10: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY SONET, 2021-2028 (IN $ MILLION)        

FIGURE 11: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY WDM, 2021-2028 (IN $ MILLION)

FIGURE 12: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY FIBER CHANNEL, 2021-2028 (IN $ MILLION)  

FIGURE 13: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)  

FIGURE 14: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY IT & TELECOM, 2021-2028 (IN $ MILLION)      

FIGURE 15: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY BFSI, 2021-2028 (IN $ MILLION) 

FIGURE 16: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY MILITARY & DEFENSE, 2021-2028 (IN $ MILLION)    

FIGURE 17: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY OIL & GAS, 2021-2028 (IN $ MILLION)  

FIGURE 18: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, BY MEDICAL & HEALTHCARE, 2021-2028 (IN $ MILLION)        

FIGURE 19: GLOBAL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)    

FIGURE 20: UNITED STATES OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 21: CANADA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: UNITED KINGDOM OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 23: GERMANY OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: FRANCE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: SPAIN OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)          

FIGURE 26: ITALY OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)          

FIGURE 27: RUSSIA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: SWEDEN OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: REST OF EUROPE OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 30: CHINA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)          

FIGURE 31: JAPAN OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)          

FIGURE 32: INDIA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)          

FIGURE 33: SOUTH KOREA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 34: ASEAN COUNTRIES OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 35: AUSTRALIA & NEW ZEALAND OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)     

FIGURE 36: REST OF ASIA-PACIFIC OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)     

FIGURE 37: BRAZIL OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)          

FIGURE 38: MEXICO OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 39: REST OF LATIN AMERICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)     

FIGURE 40: UNITED ARAB EMIRATES OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)     

FIGURE 41: SAUDI ARABIA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 42: TURKEY OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 43: SOUTH AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

FIGURE 44: REST OF MIDDLE EAST & AFRICA OPTICAL COMMUNICATION AND NETWORK EQUIPMENT MARKET 2021-2028 (IN $ MILLION)      

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