23-April-2019: The global ROADM WSS component market size is
expected to reach USD 1.32 billion by 2025, according to a new study conducted
by Grand View Research, Inc., progressing at a CAGR of 12.1% during the
forecast period. Soaring need for components that provide flexibility to easily
manage wavelengths and monitor network operations are expected to stimulate the
growth of the market.
Communication service providers
continue to face challenges to modify existing optical networks to meet
increasing demand. Traditionally, they modify network required for addition of
new wavelengths or change distribution of current wavelengths. ROADM WSS
components help overcome these challenges by allowing communication service
providers to add new wavelengths without disturbing the current optical
networks.
In addition, ROADM WSS
components offer various benefits such as remote process management, reduced
network operation cost, and full monitoring and control over high-capacity
network infrastructure. These factors are also estimated to accelerate ROADM
WSS component market growth.
Increasing adoption of dynamic
ROADMs coupled with a surging demand for Wavelength Selective Switches (WSS)
enabled ROADMs is anticipated to bolster the growth of the market. Furthermore,
rising video traffic coupled with spiraling demand for Internet Protocol
television (IPTV) is projected to fuel growth prospects.
Key market players are focusing
on developing ROADM-based optical transport incorporated with electrical
switching, which is flexible, compact, and can address requirements such as
high wavelength speed, improved spectral efficiency, and minimized power
consumption. Growing demand for increased bandwidth encourages network
operators to deploy ROADM-based optical transport incorporated with electrical
switching. This is further projected to keep market growth prospects upbeat.
In depth research report on ROADM WSS Component Market
Further
key findings from the report suggest:
· The
Wavelength Selective Switches (WSS) segment is poised to register the highest
CAGR of 12.9% during the forecast period, owing to rising demand for fast
network speeds and growing network data traffic
· The
multi-node segment is likely to experience significant growth during the same
period. Metro networks are shifting from centralized data centers to
distributed data centers to increase user data access speed and to improve user
experience, which in turn is expected to supplement the growth of the segment
· The
long haul application segment is estimated to post a CAGR of over 12.8% during
the forecast period. This growth of the segment can be attributed to
development of energy efficient ROADM architecture for long haul applications
· The
communication segment is anticipated to dominate market throughout the forecast
horizon owing to increasing adoption of ROADM WSS components by telecom service
providers that assist in minimizing operational costs and offers enhanced
communication services
· North
America is projected to lead the market until 2025 and is poised to reach USD
350.6 million owing to burgeoning adoption of ROADM WSS components to offer
seamless communication services to users
· Prominent
industry participants include AC Photonics, Inc.; Active Optical MEMS, Inc.;
Aegis Lightwave, Inc.; Agiltron, Inc.; Cisco Systems, Inc.; Corning
Incorporated; DuPont Photonics Technologies, LLC ; Finisar Corporation; Fujitsu
Limited; ADVA Optical Networking; Sinclair Manufacturing Company; and Xerox
Corporation.
Grand View Research has
segmented the global ROADM WSS component market on the basis of type, node,
application, end use, and region:
ROADM
WSS Component Type Outlook (Revenue, USD Million, 2014 - 2025)
· Blocker-based
· Edge
ROADMs
· PLC-based
· Wavelength
Selective Switches (WSS)
ROADM
WSS Component Node Outlook (Revenue, USD Million, 2014 - 2025)
· Two-node
· Multi-node
ROADM
WSS Component Application Outlook (Revenue, USD Million, 2014 - 2025)
· Long
Haul
· Metro
ROADM
WSS Component End-use Outlook (Revenue, USD Million, 2014 - 2025)
· Communication
· Others
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more research reports of this category:
About
Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
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