ASIA-PACIFIC OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET FORECAST 2021-2028

ASIA-PACIFIC OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET FORECAST 2021-2028

  • September 2021 •
  • 146 pages •
  • Report ID: 6153193 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific optical communication & network equipment market is expected to register a CAGR of 6.96% during the forecast period, 2021-2028. The ongoing development of 5G infrastructure and data centers and the presence of global companies are among the major growth drivers. At the same time, the fiber connectivity in North and Southeast Asia is expected to get upgraded on a massive scale.

MARKET INSIGHTS
Japan, Australia & New Zealand, South Korea, China, Singapore, India, and Rest of Asia-Pacific, are assessed for the Asia-Pacific optical communication & network equipment market growth analysis.In Japan, the government is engaged in developing advanced fiber-optic and other technologies to meet future data transmission demands.

Also, according to industry sources, new fiber-optic networks will project a speed of 10 GBPS.In addition, with the wider availability of high-resolution 4K videos and the spread of the Internet of Things (IoT), there is a huge demand for networks with the highest bandwidth.

Also, the National Institute of Information and Communications Technology is set to research fiber optic technology for developing such networks.This will further facilitate the incorporation of 5G.

Furthermore, it will collaborate with domestic electronics makers and other private sector partners to increase the fiber-optic transmission capacity. Besides, the country recorded an 82% year-over-year rise in optical networking hardware sales in the first quarter of 2019.
In New Zealand, the national fiber-to-the-home network, also known as Ultra Fast Broadband (UFB), well-received by the population in June 2020, now have fiber connections outnumbering copper connections.Additionally, the UFB, at present, reaches around 80% of the population.

Also, the focus is on unbundling, enabling retailers access to networks. Such factors propel market growth in these countries.

COMPETITIVE INSIGHTS
Nokia Corporation, NEC Corporation, Infinera Corporation, Juniper Networks Inc, Mitsubishi Electric Corporation, etc., are among the leading market players.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ADTRAN INC
2. ALCATEL-LUCENT ENTERPRISE
3. ARISTA NETWORKS INC
4. CIENA CORPORATION
5. CISCO SYSTEMS INC
6. FUJITSU OPTICAL COMPONENTS LIMITED
7. HUAWEI TECHNOLOGIES CO LTD
8. INFINERA CORPORATION
9. JUNIPER NETWORKS INC
10. MITSUBISHI ELECTRIC CORPORATION
11. NEC CORPORATION
12. NOKIA CORPORATION
13. RIBBON COMMUNICATIONS INC
14. TELEFONAKTIEBOLAGET LM ERICSSON
15. ZTE CORPORATION