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NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET FORECAST 2021-2028

The North America optical communication & network equipment market is predicted to record a CAGR of 8.17% during the forecast period, 2021-2028. The dense concentration of cloud computing hubs and data centers and the evolving IT sector are driving the market growth.

NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET FORECAST 2021-2028

North America Optical Communication & Network Equipment Market by Technology (Sonet, WDM, Fiber Channel) Market by Components (Optical Fiber, Transceiver, Switch, Other Components) Market by Industry Verticals (IT & Telecom, BFSI, Military & Defense, Oil & Gas, Medical & Healthcare)

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Report Summary

The North America optical communication & network equipment market is predicted to record a CAGR of 8.17% during the forecast period, 2021-2028. The dense concentration of cloud computing hubs and data centers and the evolving IT sector are driving the market growth.

north-america-optical-communication-and-network-equipment-market

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The North America optical communication & network equipment market growth assessment includes the analysis of the United States and Canada. In the United States, the thriving telecommunications market and the continuous expansion of infrastructure of fiber optic networks increase the need for enhanced capacity fiber optic networks for both mobile and fixed telephony services. Also, the country has a substantial number of subsea cables linking the North American region across the world in the subsea fiber optic networks segment. This offers lucrative opportunities for domestic service providers and telecommunication operators.

Further, the US has a significant network with a high number of deployments, particularly in the coastal areas and New England. Moreover, the country has the presence of key fiber-optic network companies. Such factors propel market growth in the US.

Cisco Systems Inc sells, manufactures, and designs internet protocol (IP)-based networking and other IT products. The product portfolio includes headend equipment, antennas, controllers, security products, switches, set-top-boxes, routers, etc. It majorly operates in the Americas, Asia-Pacific, and Europe, with headquarters in California, United States.

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    Table of Contents

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • INCREASE IN ADOPTION OF IOT
        • SURGING ADOPTION OF CLOUD-BASED AND VISUALIZATION SERVICES
        • GROWING NUMBER OF DATA CENTERS
      • KEY RESTRAINTS
        • HIGH INITIAL INVESTMENTS
        • INCREASE IN NETWORK COMPLEXITY
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • KEY BUYING CRITERIA
        • COMPATIBILITY
        • TRANSMISSION DISTANCE
        • DATA RATE
        • WAVELENGTH
    1. MARKET BY TECHNOLOGY
      • SONET
      • WDM
      • FIBER CHANNEL
    2. MARKET BY COMPONENTS
      • OPTICAL FIBER
      • TRANSCEIVER
      • SWITCH
      • OTHER COMPONENTS
    3. MARKET BY INDUSTRY VERTICALS
      • IT & TELECOM
      • BFSI
      • MILITARY & DEFENSE
      • OIL & GAS
      • MEDICAL & HEALTHCARE
    4. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ADTRAN INC
        • ALCATEL-LUCENT ENTERPRISE
        • ARISTA NETWORKS INC
        • CIENA CORPORATION
        • CISCO SYSTEMS INC
        • FUJITSU OPTICAL COMPONENTS LIMITED
        • HUAWEI TECHNOLOGIES CO LTD
        • INFINERA CORPORATION
        • JUNIPER NETWORKS INC
        • MITSUBISHI ELECTRIC CORPORATION
        • NEC CORPORATION
        • NOKIA CORPORATION
        • RIBBON COMMUNICATIONS INC
        • TELEFONAKTIEBOLAGET LM ERICSSON
        • ZTE CORPORATION

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – OPTICAL COMMUNICATION & NETWORK EQUIPMENT

    TABLE 2: NUMBER OF INTERNET OF THINGS (IOT) CONNECTED DEVICES WORLDWIDE 2020-2030 (IN BILLIONS)

    TABLE 3: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 5: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY COMPONENTS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 6: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY COMPONENTS, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 7: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 8: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY INDUSTRY VERTICALS, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 9: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 10: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 11: LEADING PLAYERS OPERATING IN NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET

    TABLE 12: LIST OF MERGERS & ACQUISITIONS

    TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES 

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

    FIGURE 7: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY SONET, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY WDM, 2021-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY FIBER CHANNEL, 2021-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, GROWTH POTENTIAL, BY COMPONENTS, IN 2020

    FIGURE 11: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY OPTICAL FIBER, 2021-2028 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY TRANSCEIVER, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY SWITCH, 2021-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY OTHER COMPONENTS, 2021-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, GROWTH POTENTIAL, BY INDUSTRY VERTICALS, IN 2020

    FIGURE 16: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY IT & TELECOM, 2021-2028 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY BFSI, 2021-2028 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY MILITARY & DEFENSE, 2021-2028 (IN $ MILLION)

    FIGURE 19: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY OIL & GAS, 2021-2028 (IN $ MILLION)

    FIGURE 20: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, BY MEDICAL & HEALTHCARE, 2021-2028 (IN $ MILLION)

    FIGURE 21: NORTH AMERICA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 22: UNITED STATES OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 23: CANADA OPTICAL COMMUNICATION & NETWORK EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY TECHNOLOGY
      • SONET
      • WDM
      • FIBER CHANNEL
    2. MARKET BY COMPONENTS
      • OPTICAL FIBER
      • TRANSCEIVER
      • SWITCH
      • OTHER COMPONENTS
    3. MARKET BY INDUSTRY VERTICALS
      • IT & TELECOM
      • BFSI
      • MILITARY & DEFENSE
      • OIL & GAS
      • MEDICAL & HEALTHCARE

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      Author: Inkwood Research