North America Optical Communication and Networking Equipment Market Size, Share & Industry Trends Analysis Report By Component, By Vertical (IT & Telecom, BFSI, Government, Military & Defense, Healthcare, and Energy, Utilities), By Data Rate, By Technolog
Description
North America Optical Communication and Networking Equipment Market Size, Share & Industry Trends Analysis Report By Component, By Vertical (IT & Telecom, BFSI, Government, Military & Defense, Healthcare, and Energy, Utilities), By Data Rate, By Technology, By Application, By Country and Growth Forecast, 2022 - 2028
The North America Optical Communication and Networking Equipment Market would witness market growth of 8.2% CAGR during the forecast period (2022-2028).
For various applications in the metro network, data center connectivity, long haul applications, and other areas that call for optical transceivers to be compatible with the complicated network, optical transceiver manufacturers are focusing more on R&D. Compact and power-efficient optical transceivers are available from OEMs including Fujitsu Optical Components (Japan) and Broadcom (US). Due to their great range of data connectivity at a faster rate, this trend is anticipated to promote the market growth of small and compact optical modules. These elements offer the industry for optical communication and networking equipment significant growth potential for optical transceivers.
The development of telecommunications infrastructure will significantly benefit emerging nations. Smart gadgets and other linked applications are in more demand as a result of the development of IoT, AI, and Big Data. Capturing, translating, and transmission of data into useful information, which is essential for the reinforcement of urban infrastructure is made possible by the integrated technologies across telecommunications industries. A high-speed fiber optics network, capable of moving massive volumes of data quickly from one end to the other, serves as the foundation for this kind of infrastructure growth.
North America region has a high demand for optical networks due to the region's abundance of deep-water cables, high level of technological innovation, and long-haul fiber optic networks. The region's dense concentration of data centers and cloud computing is primarily responsible for the market growth. In addition to this, the market is expanding in the United States as well as Canada as a result of the growth of the IT sector. Also, the Canadian Security Telecommunication Advisory Committee enables the public & private sectors to exchange information & to collaborate for ongoing issues. This would help the telecom industry in Canada to grow which would support the market growth.
The US market dominated the North America Optical Communication and Networking Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,094.9 million by 2028. The Canada market is poised to grow at a CAGR of 10.7% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 9.7% during (2022 - 2028).
Based on Component, the market is segmented into Optical Fibers (Multi-Mode Fibers and Single-Mode Fibers), Optical Transceivers, Optical Amplifiers, Optical Switches, Optical Splitters, Optical Circulators, and Others. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Government, Military & Defense, Healthcare, and Energy, Utilities & Others. Based on Data Rate, the market is segmented into Up To 40 GBPS, Greater Than 40 Gbps To 100 Gbps, and Greater Than 100 Gbps. Based on Technology, the market is segmented into Wavelength Division Multiplexing (WDM), SONET/SDH, and Fiber Channel. Based on Application, the market is segmented into Datacenter, Telecom, and Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujitsu Limited, Cisco Systems, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Juniper Networks, Inc., ZTE Corporation, ADTRAN, Inc., II-VI Incorporated, Ciena Corporation, and Infinera Corporation.
Scope of the Study
Market Segments covered in the Report:
By Component
The North America Optical Communication and Networking Equipment Market would witness market growth of 8.2% CAGR during the forecast period (2022-2028).
For various applications in the metro network, data center connectivity, long haul applications, and other areas that call for optical transceivers to be compatible with the complicated network, optical transceiver manufacturers are focusing more on R&D. Compact and power-efficient optical transceivers are available from OEMs including Fujitsu Optical Components (Japan) and Broadcom (US). Due to their great range of data connectivity at a faster rate, this trend is anticipated to promote the market growth of small and compact optical modules. These elements offer the industry for optical communication and networking equipment significant growth potential for optical transceivers.
The development of telecommunications infrastructure will significantly benefit emerging nations. Smart gadgets and other linked applications are in more demand as a result of the development of IoT, AI, and Big Data. Capturing, translating, and transmission of data into useful information, which is essential for the reinforcement of urban infrastructure is made possible by the integrated technologies across telecommunications industries. A high-speed fiber optics network, capable of moving massive volumes of data quickly from one end to the other, serves as the foundation for this kind of infrastructure growth.
North America region has a high demand for optical networks due to the region's abundance of deep-water cables, high level of technological innovation, and long-haul fiber optic networks. The region's dense concentration of data centers and cloud computing is primarily responsible for the market growth. In addition to this, the market is expanding in the United States as well as Canada as a result of the growth of the IT sector. Also, the Canadian Security Telecommunication Advisory Committee enables the public & private sectors to exchange information & to collaborate for ongoing issues. This would help the telecom industry in Canada to grow which would support the market growth.
The US market dominated the North America Optical Communication and Networking Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,094.9 million by 2028. The Canada market is poised to grow at a CAGR of 10.7% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 9.7% during (2022 - 2028).
Based on Component, the market is segmented into Optical Fibers (Multi-Mode Fibers and Single-Mode Fibers), Optical Transceivers, Optical Amplifiers, Optical Switches, Optical Splitters, Optical Circulators, and Others. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Government, Military & Defense, Healthcare, and Energy, Utilities & Others. Based on Data Rate, the market is segmented into Up To 40 GBPS, Greater Than 40 Gbps To 100 Gbps, and Greater Than 100 Gbps. Based on Technology, the market is segmented into Wavelength Division Multiplexing (WDM), SONET/SDH, and Fiber Channel. Based on Application, the market is segmented into Datacenter, Telecom, and Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujitsu Limited, Cisco Systems, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Juniper Networks, Inc., ZTE Corporation, ADTRAN, Inc., II-VI Incorporated, Ciena Corporation, and Infinera Corporation.
Scope of the Study
Market Segments covered in the Report:
By Component
- Optical Fibers
- Multi-Mode Fibers
- Single-Mode Fibers
- Optical Transceivers
- Optical Amplifiers
- Optical Switches
- Optical Splitters
- Optical Circulators
- Others
- IT & Telecom
- BFSI
- Government, Military & Defense
- Healthcare
- Energy, Utilities & Others
- Up To 40 GBPS
- Greater Than 40 Gbps To 100 Gbps
- Greater Than 100 Gbps
- Wavelength Division Multiplexing (WDM)
- SONET/SDH
- Fiber Channel
- Datacenter
- Telecom
- Enterprises
- US
- Canada
- Mexico
- Rest of North America
- Fujitsu Limited
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Nokia Corporation
- Juniper Networks, Inc.
- ZTE Corporation
- ADTRAN, Inc.
- II-VI Incorporated
- Ciena Corporation
- Infinera Corporation
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Table of Contents
129 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Optical Communication and Networking Equipment Market, by Component
- 1.4.2 North America Optical Communication and Networking Equipment Market, by Vertical
- 1.4.3 North America Optical Communication and Networking Equipment Market, by Data Rate
- 1.4.4 North America Optical Communication and Networking Equipment Market, by Technology
- 1.4.5 North America Optical Communication and Networking Equipment Market, by Application
- 1.4.6 North America Optical Communication and Networking Equipment Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Partnership, Collaboration and Agreement : 2020, Feb – 2022, Mar) Leading Players
- Chapter 4. North America Optical Communication and Networking Equipment Market by Component
- 4.1 North America Optical Fibers Market by Country
- 4.2 North America Optical Communication and Networking Equipment Market by Optical Fibers Mode Type
- 4.2.1 North America Multi-Mode Fibers Market by Country
- 4.2.2 North America Single-Mode Fibers Market by Country
- 4.3 North America Optical Transceivers Market by Country
- 4.4 North America Optical Amplifiers Market by Country
- 4.5 North America Optical Switches Market by Country
- 4.6 North America Optical Splitters Market by Country
- 4.7 North America Optical Circulators Market by Country
- 4.8 North America Others Market by Country
- Chapter 5. North America Optical Communication and Networking Equipment Market by Vertical
- 5.1 North America IT & Telecom Market by Country
- 5.2 North America BFSI Market by Country
- 5.3 North America Government, Military & Defense Market by Country
- 5.4 North America Healthcare Market by Country
- 5.5 North America Energy, Utilities & Others Market by Country
- Chapter 6. North America Optical Communication and Networking Equipment Market by Data Rate
- 6.1 North America Up To 40 GBPS Market by Country
- 6.2 North America Greater Than 40 Gbps To 100 Gbps Market by Country
- 6.3 North America Greater Than 100 Gbps Market by Country
- Chapter 7. North America Optical Communication and Networking Equipment Market by Technology
- 7.1 North America Wavelength Division Multiplexing (WDM) Market by Country
- 7.2 North America SONET/SDH Market by Country
- 7.3 North America Fiber Channel Market by Country
- Chapter 8. North America Optical Communication and Networking Equipment Market by Application
- 8.1 North America Datacenter Market by Country
- 8.2 North America Telecom Market by Country
- 8.3 North America Enterprises Market by Country
- Chapter 9. North America Optical Communication and Networking Equipment Market by Country
- 9.1 US Optical Communication and Networking Equipment Market
- 9.1.1 US Optical Communication and Networking Equipment Market by Component
- 9.1.1.1 US Optical Communication and Networking Equipment Market by Optical Fibers Mode Type
- 9.1.2 US Optical Communication and Networking Equipment Market by Vertical
- 9.1.3 US Optical Communication and Networking Equipment Market by Data Rate
- 9.1.4 US Optical Communication and Networking Equipment Market by Technology
- 9.1.5 US Optical Communication and Networking Equipment Market by Application
- 9.2 Canada Optical Communication and Networking Equipment Market
- 9.2.1 Canada Optical Communication and Networking Equipment Market by Component
- 9.2.1.1 Canada Optical Communication and Networking Equipment Market by Optical Fibers Mode Type
- 9.2.2 Canada Optical Communication and Networking Equipment Market by Vertical
- 9.2.3 Canada Optical Communication and Networking Equipment Market by Data Rate
- 9.2.4 Canada Optical Communication and Networking Equipment Market by Technology
- 9.2.5 Canada Optical Communication and Networking Equipment Market by Application
- 9.3 Mexico Optical Communication and Networking Equipment Market
- 9.3.1 Mexico Optical Communication and Networking Equipment Market by Component
- 9.3.1.1 Mexico Optical Communication and Networking Equipment Market by Optical Fibers Mode Type
- 9.3.2 Mexico Optical Communication and Networking Equipment Market by Vertical
- 9.3.3 Mexico Optical Communication and Networking Equipment Market by Data Rate
- 9.3.4 Mexico Optical Communication and Networking Equipment Market by Technology
- 9.3.5 Mexico Optical Communication and Networking Equipment Market by Application
- 9.4 Rest of North America Optical Communication and Networking Equipment Market
- 9.4.1 Rest of North America Optical Communication and Networking Equipment Market by Component
- 9.4.1.1 Rest of North America Optical Communication and Networking Equipment Market by Optical Fibers Mode Type
- 9.4.2 Rest of North America Optical Communication and Networking Equipment Market by Vertical
- 9.4.3 Rest of North America Optical Communication and Networking Equipment Market by Data Rate
- 9.4.4 Rest of North America Optical Communication and Networking Equipment Market by Technology
- 9.4.5 Rest of North America Optical Communication and Networking Equipment Market by Application
- Chapter 10. Company Profiles
- 10.1 Fujitsu Limited
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental Analysis
- 10.1.4 Recent strategies and developments:
- 10.1.4.1 Partnerships, Collaborations, and Agreements:
- 10.1.5 SWOT Analysis
- 10.2 Cisco Systems, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.4 Nokia Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Product Launches and Product Expansions:
- 10.4.5.3 Acquisition and Mergers:
- 10.5 Juniper Networks, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.6 ZTE Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Product Launches and Product Expansions:
- 10.7 ADTRAN, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional and Segmental Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Acquisition and Mergers:
- 10.8 II-VI Incorporated
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.9 Ciena Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.10. Infinera Corporation
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Regional Analysis
- 10.10.4 Research & Development Expenses
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Partnerships, Collaborations, and Agreements:
- 10.10.5.2 Acquisition and Mergers:
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