pr-inside.com
Print
Optical components market led by Finisar

Optical components market led by Finisar



companiesandmarkets.com
2013-01-25 12:07:52 - Optical components market led by Finisar

The global optical component market was valued at $3.6 billion in 2012, and has been forecast to hit a market value of $12.3 billion by 2019, driven by the availability of high speed processors and component devices that support increased speed and traffic on the optical networks.Optical components are used to update the communications networks to manage broadband, to update

 

 

the data centre networks to make them manage traffic with higher speeds, and to implement the backbone network for mobile communications.The optical component market is intensely competitive. There is increasing demand for optical components as communications markets grow in response to more use of smart phones and more Internet transmission of data.Among the top 10 suppliers, Oclaro and Neophotonics led the market with 17% sequential expansion. Meanwhile market leader Finisar contracted by 8%, the largest sequential decline among the top 10.Growth came from North America and Japan, which helped the performance. However, suppliers cited continued weakness in Europe and now in China since the March quarter.Everything is going mobile. This evolution is driven by mobile smart phones and tablets that provide universal connectivity. With 6 million cell phones in use and one million smart phones, soon to be 6 million smart phones, a lot of people have access to mobile communication.Video, cloud-based services, the internet, and machine-to-machine (M2M) provide mobile connectivity. All these devices are networked and drive significant traffic to the broadband network, stimulating the need for optical transceivers.The main challenge facing optical component players is not so much technical issues but more the requirement to continually decrease costs. This is not new but neither is it going awayWorldwide optical transport market revenues are forecast to grow rapidly through 2019. This is in the context of a world communications infrastructure that is changing. Technology is enabling interaction, innovation, and sharing of knowledge in new ways.For more information on the optical components market, see the latest research: Optical Components MarketFollow us on Twitter @CandMResearch

Click for news details: www.companiesandmarkets.com/News/Telecommunications/Optical-comp ..

Browse all Telecommunications C&M News www.companiesandmarkets.com/News/Telecommunications/?aCode=f3fb3 ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Author:
Mike King
e-mail
Web: http://www.companiesandmarkets.com
Telefon: London: +44 (0) 203 086 8600




Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.