Optical Switches Market to grow at a CAGR of 10.58% in 2023; Increasing construction of data centers will drive growth

NEW YORK, January 24, 2023 /PRNewswire/ —

Technavio has announced its latest market research report titled Global Optical Switches Market 2023-2027

Optical Switches Market Insights –

  • Providers: 15+, including Agilent Technologies Inc., Agiltron Inc., Broadcom Inc., Cisco Systems Inc., D Link Corp., Fujitsu Ltd., Furukawa Electric Co. Ltd., HP Inc., Huawei Investment and Holding Co. Ltd., Infinera Corp., Juniper Networks Inc., Keysight Technologies Inc., NEC Corp., Nokia Corp., NTT Advanced Technology Corp., ON Semiconductor Corp., Siemens AG, Telefonaktiebolaget LM Ericsson, Yokogawa Electric Corp., ZTE Corp. . , by the way

  • Coverage: Key drivers, major trends and challenges; customer and vendor landscape; supplier product information and recent developments; key suppliers; and market positioning of suppliers

  • segments: Application (Data Communications, Telecom & Other), Type (Large Enterprise & Small & Medium Enterprise), and Geography (APAC, North America, Europe, Middle East and Africaand South America)

To understand more about the optical switch market, request a sample report

In 2017, the optical switch market was valued at 4,958.89 million USD. Regionally, APAC held the largest market share estimated at 2451.68 million US dollars. The optical switch market the size is expected to grow by 4,896.63 million US dollars from 2022 to 2027 on a CAGR of 11.38% according to Technavio.

Fiber Optic Switches Market – Customer Landscape
To help companies assess and develop growth strategies, the report outlines –

  • Basic purchase criteria

  • Adoption rates

  • Adoption Lifecycle

  • Drivers of price sensitivity

  • For customer landscape analysis highlights, download the sample!

Global Fiber Optic Switches Market – Vendor Insights

The increasing competition in the market forces the providers to adopt various growth strategies such as promotional activities and advertisement expenditure to improve the visibility of their services. The Technavio report analyzes the competitive landscape of the market and offers information on several vendors in the market including –

  • Agiltron Inc. – The company offers optical switches such as optical switch systems, MEM optical switches, broadband optical switches and optical prism switches.

  • Broadcom Inc. – The company offers optical switches called Co Packaged Optics with CPO transceivers and CPO switches.

  • Cisco Systems Inc. – The company offers optical switches called Cisco Prisma II optical switch modules.

  • D Link Corp. – The company offers optical switches called DGS 3630 Series Gigabit L3 Stackable Managed Switches.

Optical switch marketMarket dynamics

Basic drivers

  • Increase in data center construction

  • Development of smart cities

  • Need for increased network bandwidth

KEY CHALLENGES –

  • Problems in deploying a fiber optic network

  • Inconsistent exchange rates and a weakening global economy

  • Consolidation of data centers

Drivers and challenges impact market dynamics and can impact business. Find some insights from a sample report!

The Optical Switches Market report provides critical information and factual data, with qualitative and quantitative market research based on market drivers and restraints, as well as future prospects.

Why should I buy?

  • Add credibility to the strategy

  • Analyzes competitors’ offers

  • Get a comprehensive view of the market

Increase your profit margin with Technavio – Buy the report

What are the key data included in this Optical Switches market report?

  • Market CAGR during the forecast period

  • Detailed information about the factors that will drive the growth of the Optical Switches market between 2023 and 2027.

  • An accurate estimation of the size of the Optical Switches market size and its contribution to the market with a focus on the major market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • Growth of Asia Pacific Fiber Optic Switches Market Industry, North America, Europe, Middle East and Africaand South America

  • In-depth analysis of the competitive landscape of the market and detailed information on suppliers

  • A comprehensive analysis of the factors that will drive the vendor growth of the Optical Switches market

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  • The fiber optic management systems market size is expected to increase by 2 billion US dollars from 2021 to 2026 and the market growth momentum will accelerate at a CAGR of 8.85%. The rise in global internet traffic is a key factor driving the growth of the global fiber optic management systems market. The complexities associated with cable communication networks are the major challenge to the growth of the global fiber optic management systems market.

Optical Switches Market Scope

Report coverage

Details

Page number

172

Base year

2022

Historical period

2017-2021

Estimated period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 11.38%

Market Growth 2023-2027

4896.63 million US dollars

Market structure

Torn apart

Year-on-year growth 2022-2023 (%)

10.58

Regional analysis

APAC, North America, Europe, Middle East & Africa and South America

Effective market contribution

APAC at 55%

Key countries

USA, China, South Korea, India and France

The competitive environment

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

Key companies profiled

Agilent Technologies Inc., Agiltron Inc., Broadcom Inc., Cisco Systems Inc., D Link Corp., Fujitsu Ltd., Furukawa Electric Co. Ltd., HP Inc., Huawei Investment and Holding Co. Ltd., Infinera Corp. , Juniper Networks Inc., Keysight Technologies Inc., NEC Corp., Nokia Corp., NTT Advanced Technology Corp., ON Semiconductor Corp., Siemens AG, Telefonaktiebolaget LM Ericsson, Yokogawa Electric Corp. and ZTE Corp.

Market dynamics

Major market analysis, drivers and barriers to market growth, fast and slow growing segment analysis, analysis of the impact and recovery of COVID-19 and future consumer dynamics, and market status analysis for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

Contents:

1 Summary

2 Market landscape

3 Sizing the market

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer landscape

9 Geographical landscape

10 Drivers, challenges and trends

11 Supplier landscape

12 Supplier Analysis

13 Appendix

About us
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Fiber Optic Switches Market 2023-2027

Global Fiber Optic Switches Market 2023-2027

Sission

Sission

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