2014-02-12 05:29:01 - Global Optical Switching Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Optical Switching market is to grow at a CAGR of 36.69 percent over the period 2012-2016. One of the key factors contributing to this market growth is the requirement for high bandwidth. The Global Optical Switching market has also been witnessing the emergence of ultra-high-capacity optical networks. However, high initial investment could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Optical Switching market is the emergence of ultra-high-capacity optical networks. As a result of the recent deployment of 10G and 40G optical transmission networks, there is an upsurge in the deployment of higher capacities. Many leading vendors such as Alcatel-Lucent, Ciena, and Huawei have announced that they are going
a step further in the future by innovating and conducting trials for capacities as large as 400G and 10 Pb per second transmission. Although the capacities are much larger than those required currently, they are considered as future investments because of the huge expansion in the data traffic.
One of the main factors driving the market is the increase in the high bandwidth requirements across all the geographies. High bandwidth is extremely important for activities such as file downloading, online gaming, IPVOD, and videophone usage.
One of the main challenges is the need for high initial investment. High initial investment is required for the replacement of the existing copper lines with fiber-optic cables. Copper lines are less expensive than fiber-optic cables required in optical networks.
The key vendors dominating this space include Alcatel-Lucent, Ciena Corp., Huawei Technologies Co. Ltd., and ZTE Corp. The other vendors mentioned in the report are Cisco Systems Inc., Ericsson Inc., Fujitsu Ltd., Infinera Corp., Juniper Networks Inc., NEC Corp., and Technicolor Inc.
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