Published by mark itwired
Posted on September 13, 2021
Witnessing a robust CAGR between 2019 and 2029, the global optical networking market is poised to hit revenues of US$ 24 Bn towards the end of 2029. Adoption will be majorly driven by the arrival of fifth-generation (5G) wireless systems, as suggested by a new Future Market Insights (FMI) study. The report opines that Asia Pacific excluding Japan (APEJ) will remain a significant market for optical network providers, owing to strong growth prospects of 5G technology among mobile network operators in the region. 5G will be relying on fiber as an advanced radio technology to deliver front haul for Cloud-RANs (radio access networks) and backhaul for dense, fast networks.
Optical networking providers can gain significant profits by including private line services, Data Center Interconnect (DCI) networks, cable distributed access architectures, mobile transport, and metro optical. In-house consistent DSP design continues to be a preferred strategy of key players
Network providers are moving to more automated, software-driven, high scalable connections that offers new cost savings, and efficient service agility. There is a growing demand for ROADM-based optical foundation that depends on instrumented photonics, flexible, and Layer 0 software to control and scale the connection for maximum capacity at the lowest power, space, and cost per bit. Therefore, introduction of high-speed analogue circuit is expected to drive the growth of the global optical networking market.
For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-2359
Future Market Insights offers an unbiased analysis of the global optical networking market, providing historical data for 2014-2018 and forecast statistics from 2019-2029. To understand opportunities in the optical networking market, the market is segmented on the basis of component type, technology, service, and end user across seven major regions.
The post Optical Networking Market is Set to Experience Revolutionary Growth by 2019-2029 first appeared on Market Research Blog.
Witnessing a robust CAGR between 2019 and 2029, the global optical networking market is poised to hit revenues of US$ 24 Bn towards the end of 2029. Adoption will be majorly driven by the arrival of fifth-generation (5G) wireless systems, as suggested by a new Future Market Insights (FMI) study. The report opines that Asia Pacific excluding Japan (APEJ) will remain a significant market for optical network providers, owing to strong growth prospects of 5G technology among mobile network operators in the region. 5G will be relying on fiber as an advanced radio technology to deliver front haul for Cloud-RANs (radio access networks) and backhaul for dense, fast networks.
Optical networking providers can gain significant profits by including private line services, Data Center Interconnect (DCI) networks, cable distributed access architectures, mobile transport, and metro optical. In-house consistent DSP design continues to be a preferred strategy of key players
Network providers are moving to more automated, software-driven, high scalable connections that offers new cost savings, and efficient service agility. There is a growing demand for ROADM-based optical foundation that depends on instrumented photonics, flexible, and Layer 0 software to control and scale the connection for maximum capacity at the lowest power, space, and cost per bit. Therefore, introduction of high-speed analogue circuit is expected to drive the growth of the global optical networking market.
For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-2359
Future Market Insights offers an unbiased analysis of the global optical networking market, providing historical data for 2014-2018 and forecast statistics from 2019-2029. To understand opportunities in the optical networking market, the market is segmented on the basis of component type, technology, service, and end user across seven major regions.
The post Optical Networking Market is Set to Experience Revolutionary Growth by 2019-2029 first appeared on Market Research Blog.
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