Market Overview:
The global optical data communication market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bandwidth-intensive applications such as big data, cloud computing, and 4K/8K video streaming. In addition, the growing adoption of optical fiber technology in telecom and datacenter applications is also contributing to the growth of the market. The global optical data communication market by type is segmented into wavelength division multiplexing (WDM), synchronous optical networking (SONET), synchronous digital hierarchy (SDH), fiber channel, and others. The WDM segment is expected to grow at a CAGR of 7% from 2018 to 2030 due to its ability to carry multiple signals over a single strand of fiber optic cable. The SONET segment held the largest share of the global optical data communication market by type in 2017 and is expected to continue its dominance during the forecast period.
Product Definition:
Optical data communication is a technology that uses light to transmit digital information. It is important because it can provide high-speed, high-quality transmission of data over long distances.
Wavelength Division Multiplexing (WDM):
The wavelength division multiplexing (WDM) is a technology that allows the transmission of multiple optical signals via a single fiber optic cable. It enables data to be carried over an optical fiber using light waves of different wavelengths. WDM consists of two or more channels that are used to transmit data from one end of the system to another using different wavelengths.
Synchronous Optical Networking (SONET):
Synchronous Optical Networking (SONET) is a set of rules and regulations for the safe and efficient transmission of data over optical fibers. SONET was developed by AT&T Corporation as a standard network architecture to provide reliable, fast, and economical communication services across long distances. It uses time-division multiplexing technique to share data among several users over single or multiple fiber optic cables.
Application Insights:
The application segment is bifurcated into aerospace and defense, government, industrial, transportation, energy and power, and telecom. The telecom sector is anticipated to emerge as the fastest-growing segment over the forecast period owing to increasing demand for data communication services in order to facilitate the implementation of 5G technology.
Optical data communication solutions are widely used in aerospace applications as they enable high-speed digital communications between different components of an aircraft system. Moreover, optical technologies offer flexible installation options that help reduce costs associated with traditional cabling systems while also reducing timeframes required for completion of installations. These factors are expected to drive optical data communication market growth over the coming years within various end-use industries such as defense & security; government; transportation; energy & power; healthcare IT infrastructure etc., across regions including North America; Europe; Asia Pacific.; Latin America Middle East Africa (LAMA).
Regional Analysis:
The North American regional market is expected to dominate the global optical data communication industry with a revenue share of over 35% in 2016. The region is characterized by the presence of major service providers such as AT&T, Verizon, and Cisco Systems, Inc. that offer high-speed internet services through fiber optics cables along with other advanced technologies such as WDM and SONET.
Asia Pacific regional market is anticipated to grow at a lucrative rate over the forecast period owing to increasing demand for faster internet services along with rising investments in telecommunication infrastructure development projects by various governments across countries such as China and India. Moreover, growing industrialization coupled with government initiatives towards energy conservation are likely to drive demand for efficient data communication solutions in this region thereby driving growth of optical data communication industry over next eight years.
Growth Factors:
- Increasing demand for high-speed data transmission: The growth of the optical data communication market is mainly driven by the increasing demand for high-speed data transmission. With the increase in internet users and the growing popularity of online streaming services, there is an increased need for faster and more reliable data transmission solutions.
- Proliferation of 5G networks: 5G networks are expected to play a major role in driving the growth of the optical data communication market in coming years. They are expected to offer significantly higher speeds and bandwidth than current 4G networks, which will lead to an increase in demand for optical communication solutions that can support these high-bandwidth applications.
- Growing adoption of cloud computing: Cloud computing is becoming increasingly popular among businesses and consumers due to its many benefits, such as cost savings, scalability, and ease of use. As more organizations move their operations to the cloud, there will be a corresponding increase in demand for optical communication solutions that can provide fast and reliable connectivity between servers located in different parts of the world.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Data Communication Market Research Report
By Type
Wavelength Division Multiplexing (WDM), Synchronous Optical Networking (SONET), Synchronous Digital Hierarchy (SDH), Fiber Channel, Others
By Application
Aerospace and Defense, Government, Industrial, Transportation, Energy and Power, Telecom
By Companies
Alcatel Lucent, Cisco, Verizon, Huawei, JDS Uniphase, Ciena
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Optical Data Communication Market Report Segments:
The global Optical Data Communication market is segmented on the basis of:
Types
Wavelength Division Multiplexing (WDM), Synchronous Optical Networking (SONET), Synchronous Digital Hierarchy (SDH), Fiber Channel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace and Defense, Government, Industrial, Transportation, Energy and Power, Telecom
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcatel Lucent
- Cisco
- Verizon
- Huawei
- JDS Uniphase
- Ciena
Highlights of The Optical Data Communication Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wavelength Division Multiplexing (WDM)
- Synchronous Optical Networking (SONET)
- Synchronous Digital Hierarchy (SDH)
- Fiber Channel
- Others
- By Application:
- Aerospace and Defense
- Government
- Industrial
- Transportation
- Energy and Power
- Telecom
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Data Communication Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Optical data communication is a technology that uses light to send information over long distances. Optical signals are converted into electrical signals and then sent through the air or another medium.
Some of the key players operating in the optical data communication market are Alcatel Lucent, Cisco, Verizon, Huawei, JDS Uniphase, Ciena.
The optical data communication market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Data Communication Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optical Data Communication Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Data Communication Market - Supply Chain
4.5. Global Optical Data Communication Market Forecast
4.5.1. Optical Data Communication Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Data Communication Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Data Communication Market Absolute $ Opportunity
5. Global Optical Data Communication Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optical Data Communication Market Size and Volume Forecast by Type
5.3.1. Wavelength Division Multiplexing (WDM)
5.3.2. Synchronous Optical Networking (SONET)
5.3.3. Synchronous Digital Hierarchy (SDH)
5.3.4. Fiber Channel
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Data Communication Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optical Data Communication Market Size and Volume Forecast by Application
6.3.1. Aerospace and Defense
6.3.2. Government
6.3.3. Industrial
6.3.4. Transportation
6.3.5. Energy and Power
6.3.6. Telecom
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Data Communication Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optical Data Communication Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optical Data Communication Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optical Data Communication Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optical Data Communication Demand Share Forecast, 2019-2026
9. North America Optical Data Communication Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optical Data Communication Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optical Data Communication Market Size and Volume Forecast by Application
9.4.1. Aerospace and Defense
9.4.2. Government
9.4.3. Industrial
9.4.4. Transportation
9.4.5. Energy and Power
9.4.6. Telecom
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Data Communication Market Size and Volume Forecast by Type
9.7.1. Wavelength Division Multiplexing (WDM)
9.7.2. Synchronous Optical Networking (SONET)
9.7.3. Synchronous Digital Hierarchy (SDH)
9.7.4. Fiber Channel
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optical Data Communication Demand Share Forecast, 2019-2026
10. Latin America Optical Data Communication Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optical Data Communication Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optical Data Communication Market Size and Volume Forecast by Application
10.4.1. Aerospace and Defense
10.4.2. Government
10.4.3. Industrial
10.4.4. Transportation
10.4.5. Energy and Power
10.4.6. Telecom
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Data Communication Market Size and Volume Forecast by Type
10.7.1. Wavelength Division Multiplexing (WDM)
10.7.2. Synchronous Optical Networking (SONET)
10.7.3. Synchronous Digital Hierarchy (SDH)
10.7.4. Fiber Channel
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optical Data Communication Demand Share Forecast, 2019-2026
11. Europe Optical Data Communication Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optical Data Communication Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optical Data Communication Market Size and Volume Forecast by Application
11.4.1. Aerospace and Defense
11.4.2. Government
11.4.3. Industrial
11.4.4. Transportation
11.4.5. Energy and Power
11.4.6. Telecom
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Data Communication Market Size and Volume Forecast by Type
11.7.1 Wavelength Division Multiplexing (WDM)
11.7.2. Synchronous Optical Networking (SONET)
11.7.3. Synchronous Digital Hierarchy (SDH)
11.7.4. Fiber Channel
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optical Data Communication Demand Share, 2019-2026
12. Asia Pacific Optical Data Communication Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optical Data Communication Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optical Data Communication Market Size and Volume Forecast by Application
12.4.1. Aerospace and Defense
12.4.2. Government
12.4.3. Industrial
12.4.4. Transportation
12.4.5. Energy and Power
12.4.6. Telecom
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Data Communication Market Size and Volume Forecast by Type
12.7.1. Wavelength Division Multiplexing (WDM)
12.7.2. Synchronous Optical Networking (SONET)
12.7.3. Synchronous Digital Hierarchy (SDH)
12.7.4. Fiber Channel
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optical Data Communication Demand Share, 2019-2026
13. Middle East & Africa Optical Data Communication Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optical Data Communication Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optical Data Communication Market Size and Volume Forecast by Application
13.4.1. Aerospace and Defense
13.4.2. Government
13.4.3. Industrial
13.4.4. Transportation
13.4.5. Energy and Power
13.4.6. Telecom
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Data Communication Market Size and Volume Forecast by Type
13.7.1. Wavelength Division Multiplexing (WDM)
13.7.2. Synchronous Optical Networking (SONET)
13.7.3. Synchronous Digital Hierarchy (SDH)
13.7.4. Fiber Channel
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optical Data Communication Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optical Data Communication Market: Market Share Analysis
14.2. Optical Data Communication Distributors and Customers
14.3. Optical Data Communication Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcatel Lucent
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cisco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Verizon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huawei
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JDS Uniphase
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ciena
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
