Market Forecasts and Industry Analysis Optical Components Market Shares, Strategies, and
Optical Components: Market Shares,
Strategies, and Forecast Till 2019
“The optical components market is projected to
reach USD 12.3 billion in revenue by 2019. The
market size was USD 3.6 billion in 2012. The market
is poised for growth in response to the
telecommunications market.”
The optical components market is projected to reach USD 12.3 billion in revenue by 2019.
The market size was USD 3.6 billion in 2012. The market is poised for growth in response to
the telecommunications market. As data packets have increased in size and cloud systems
enable efficient storage, wireless communication need optical components to maintain their
stability.
Optical components form the backbone of mobile network by updating their communication
software and maintaining their data center network to manage high data speeds. With 6
billion smartphones, Internet services and M2M (machine-to-machine) communication
depend on optical components to provide mobile connectivity. The network infrastructure
equipment market and communication semiconductors will drive market demand from 2013
to 2019 (forecast period).
Products such as optical transceivers, optical amplifiers, and optical sub-systems encompass
the optical components market. Together, these components create an optical transport
network (OTN). These components provide multiplexing, management, survivability,
transport, and supervision of communication channels.
by devices compliant with 10 Gbps, 100 Gbps, and Multi-Source Agreement (MSA). The 10
Gbps Small Form Factor Pluggable (XFP) can be used to connect with datacom and telecom
applications.
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