San
Francisco, 03 April , 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.
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Research Report On ROADM WSS Component Market Analysis:
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.
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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
o
U.S.
o
Canada
·
Europe
o
U.K.
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa (MEA)
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Press Release of this Report: 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.
For more
information: www.grandviewresearch.com/
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