San Francisco, 2 April 2019: The Report ROADM WSS Component Market Size, Share & Trends Analysis Report By End Use,
By Type (Blocker-based, Edge ROADMs, PLC-based, WSS), By Node, By Application,
And Segment Forecasts, 2018 - 2025
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.
Access Research Report of ROADM WSS Component Market @ https://www.grandviewresearch.com/industry-analysis/the-global-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.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
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
ROADM WSS Component Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa (MEA)
Access Press Release of
ROADM WSS Component Market@ https://www.grandviewresearch.com/press-release/global-the-global-roadm-wss-component-market
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, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
