Optical Networking and Communications Market Worth $25.97 Billion by 2020 - New Report by MarketsandMarkets

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The report covers both the demand and supply sides of the market. (http://www.marketsandmarkets.com/Market-Reports/Optical-networking-communications-market-227693036.html)

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The major companies in Optical networking and communications market are Alcatel Lucent (France), Cisco (U.S.), Verizon (U.S.), Huawei (China)

Optical networking and communications uses optical fiber which has many benefits over cooper wire with respect to its speed, bandwidth, distance, resistance and maintenance. Fiber optic cables operate at a high speed which ranges into the gigabits. Its bandwidth consists of large carrying capacity as compared to copper wire. The Optical Networking and Communications Market is, at present, witnessing a spree of mergers, partnerships, and acquisitions among market players, which is resulting in a wide range of challenges and opportunities.

Browse 75 market data tables and 51 figures spread through 200 pages and in-depth TOC on "Optical Networking and Communications Market."

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Early buyers will receive 10% customization on this report.

Optical networking and communications technology types are Wavelength Division Multiplexing (WDM), Synchronous Optical Networking (SONET)/ Synchronous Digital Hierarchy (SDH), Fiber Channel and others. Applications of Optical networking and communications are Aerospace and Defense, Government, Manufactures, Submarine, Mining, Transportation, Oil and Gas, Healthcare, Telecom, Energy and so on. This report covers geographical regions which include North America, Europe, Asia-Pacific and, the Rest of the World (ROW).

Europe is the largest geography in terms of market revenue for the Optical Networking and Communications Market. APAC, North America, and ROW are also considered promising markets, along with China, Japan, India and the Middle East which provide impetus to the growth.

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The major drivers for Optical Networking and Communications Market are increased demand for 100g, growing data-center deployments, and rising adoption of cloud-based services. There are some restraints in the market such as high infrastructure cost and lack of product knowledge to end users. There is rapid growth Optical networking and communications due to growth of infrastructure and automation are the key opportunities for the Optical networking and communications market.

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The report profiles promising major players with a SWOT analysis of key players in the Optical Networking and Communications Market. The competitive landscape of the market presents an interesting picture, where a large number of small players have become a force to reckon with.

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