KEY FINDINGS The Germany optical communication & network equipment market growth is estimated to progress at a CAGR of 9.76% during the forecast period, 2021-2026. The digital transformation in information and communications technology is influencing the deployment of 5G networks. Also, the federal government is investing in network rollouts through the expansion of fiber optic networks.
MARKET INSIGHTS Germany is witnessing collaborations and innovations to develop the optical network and communications.For example, DB Systel recruited ECI in September 2020 to build a flexible optical backbone network in the country.
It is also the digital partner of the global mobility and logistics company, Deutsche Bahn AG.Also, Nokia and Deutsche Telekom collaborated in February 2021 to deploy the former’s optical transport portfolio.
The purpose was to deliver a higher-capacity, automated network. Further, the growing demand for high-quality audio and visuals and the fast-paced internet penetration have made optical communication equipment popular among the public, internet service providers, and telecom service providers.Also, technological advancements like machine learning and AI offer lucrative growth opportunities.
Furthermore, the expanding industries sector will increase the need for swift data transmission speed, particularly in sectors like aviation and railways. Such factors boost the market growth in Germany.
COMPETITIVE INSIGHTS Some of the eminent firms in the market include Adva Optical Networking SE, Deutsche Telekom, ZTE Corporation, VPIphotonics GmbH, Adtran Inc, etc.
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. ADVA OPTICAL NETWORKING SE 3. DEUTSCHE TELEKOM 4. VPIPHOTONICS GMBH 5. ZTE CORPORATION
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