According to the latest report by IMARC Group, titled “Coherent Optical Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, the global coherent optical equipment market size reached US$ 23.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 37.4 Billion by 2027, exhibiting a growth rate (CAGR) of 8.31% during 2022-2027.
Industry Overview:
Coherent optical equipment is a central device that provides performance flexibility to transmit high-speed information. It enables coherent optical transmission by modulating the amplitude and phase of the light through the optical carrier, such as fiber optic cables. It includes wavelength-division multiplexers (WDM), modules, optical amplifiers, and switches. Coherent optical equipment is widely used in networking infrastructure and data centers to transmit high-speed information. It offers better programmability, strong mitigation to dispersion, spectral shaping, and forward error correction (FEC). It also maximizes wavelength reach, minimizes regeneration, simplifies dense wavelength-division multiplexing (DWDM), and enables point-to-multipoint capabilities.
Coherent Optical Equipment Market Trends:
The increasing demand for high bandwidth data transmission and low latency for seamless streaming of high-definition (HD) audio and video content due to the rapid proliferation of smartphones, tablets, and laptops is creating a positive outlook for the market. Furthermore, the growing product demand for upgrading network infrastructure as it can employ spectrally-efficient modulation formats, such as M-ary phase-shift keying (MPSK) and quadrature-amplitude modulation (QAM), is providing a considerable boost to the coherent optical equipment market growth.
Additionally, the increasing product utilization to manage rapid network scalability due to the widespread adoption of cloud-based solutions in core business processes is positively influencing the market growth. Other factors, including rapid automation in industrial processes, increasing adoption in the defense industry to improve security infrastructure, and the rising demand for high-end online games, are anticipated to drive the market growth.
Download Free Sample of the Report: https://www.imarcgroup.com/coherent-optical-equipment-market/requestsample
Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global coherent optical equipment market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
- Acacia Communications Inc. (Cisco Systems Inc)
- Ciena Corporation
- Fujitsu Limited
- Huawei Technologies Co. Ltd.
- Infinera Corporation
- NEC Corporation
- Nokia Oyj
- Ribbon Communications Operating Company Inc.
- ZTE Corporation
- Zygo Corporation (AMETEK Inc)
Report Segmentation:
The report has segmented the global coherent optical equipment market on the basis of technology, equipment, application, end user and region.
Breakup by Technology:
- 100G
- 200G
- 400G+
- 400G ZR
Breakup by Equipment:
- Wavelength-Division Multiplexer (WDM)
- Modules/Chips
- Test and Measurement Equipment
- Optical Amplifiers
- Optical Switches
- Others
Breakup by Application:
- Networking
- Data Center
- Original Equipment Manufacturers (OEMs)
Breakup by End User:
- Service Provider
- Public Sector
- Industries
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4083&flag=C
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800