Inkwood Research estimates that the Global Coherent Optical Equipment Market will evolve at a CAGR of 10.07% in terms of revenue during the forecast period, 2019-2028.
“Browse 51 Market Data Tables and 49 Figures spread over 150
Pages, along with an in-depth TOC on the Global Coherent Optical Equipment Market Forecast
2019-2028.”
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Coherent optical equipment promotes 100G+ speed with the
growing capacity of increased information transmission. The coherent digital
receivers are capable of employing a different spectrally efficient modulation
formats like M-ary phase-shift keying and quadrature-amplitude modulation. They
rely on stable carrier-phase estimation in the digital domain.
Rising
Access to High-speed Bandwidth Influences Market Growth
Bandwidth is the rate and amount of data transferred between
two data points at a given amount of time. The growing digitalization has
resulted in increased demand for high-speed bandwidth. Aspects like rising data
transfer capability and faster application performance have increased the
relevance of high-bandwidth spectrums. Also, advanced coherent optical
equipment provides high baud rate signal transmissions and high spectral
efficiency (SE).
Also, content streaming is projected to primarily influence
market growth. With the increasing number of subscribers, the demand for
streaming services is expected to surge. The rising smart city projects have
fueled the need for energy-efficient data centers and supporting
infrastructure. Therefore, the deployment of coherent optical systems is
estimated to result in cost reductions for smart cities. Such aspects are set
to drive market growth.
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Data Center
is the Leading Application
Coherent optics are deployed for shorter distance
communication between data centers with ranges up to 80 km. The advancing
networking technologies supplement the evolution of IoT devices. This will
boost the adoption of coherent optics. Further, it will result in network
operators building new data centers.
Streaming series can benefit from edge computing in
enhancing network performance by caching trending content closer to end-users
in edge data centers. This boosts the demand for high-speed packet-optical connectivity.
North
America to sustain its Dominant Position throughout 2019-2028
North America witnesses substantial adoption of mobile
broadband and smartphones. The rising mobile internet penetration propelled by
the US 4G and 5G coverage, stimulates market growth. The region encompasses
next-generation technologies and networks, along with new broadband technology
like GPON and G.now. The surging number of subscribers of several streaming
services and machine-to-machine communication is set to result in increased
demand for high data speed. This will enhance the demand for the market under
study.
The market has less number of suppliers, and there is an
increasing presence of key players in the industry. Some of the renowned
companies in the market are Fujitsu Ltd, ECI Telecom, Ciena Corporation, Cisco
Systems Inc, etc.
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technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises of North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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