With rapid pace of technologies such as mobile computing, Internet of Things (IoT), and cloud computing, data centers have witnessed a significant growth in the recent years which prominently escalates the demand of optical connectivity solutions. These solutions are gaining strong impetus for their ability to maximize the overall operations efficiency of a data center.
Rising global demand for optical connectivity solutions in several industries including electric substation, wind power, mining, and others can be attributed to a myriad of advantages. Optical connectivity solutions can expand optical bandwidth, intensify optical signals, manage as well as protect wavelength performance, redirect light signals, ensure better signal connectivity, and provide transmission and reception of signals within optical networks and equipment. These are the important factors influencing the development of optical connectivity solutions market, globally.
Optical Connectivity Solutions Market – Notable Developments
Cisco Systems, Ekinops, ADVA Optical Networking, Adtell Integration, Ciena Corporation, ADTRAN, Hamamatsu Photonics, Finisar Corporation, HUBER+SUHNER, OFS, Broadcom, and Fujitsu Optical Components are among the key players operating in the optical connectivity solutions market.
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- HUBER+SUHNER, one of the leading manufacturers in electrical and optical connectivity solutions, is set to present its ‘intelligent connectivity solutions’ for mobile network densification at Mobile World Congress 2019. According to the company, it can offer a unique portfolio covering several aspects of mobile network evolution, especially the emergence of 5G network, regarding horizontal and vertical connectivity.
- In February 2019, Ekinops, a leading provider of optical transport equipment and network access solutions, collaborated with Dell EMC to combines its Open Virtualization Platform (OVP) with Dell EMC’s Virtual Edge Platform (VEP). Through this combination, the company aims to provide organizations and enterprises with a fully integrated solutions to drastically simplify their connectivity deployments through virtual network function (VNF) management.
- In December 2018, ADVA Optical Networking, a key player in optical connectivity solutions market, launched its Ensemble Activator network operating system which allows easy transition from manual management to automated operations. According to the company, the new system is the key to rapid and affordable digital transformation.
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Optical Connectivity Solutions Market Dynamics
Modern day businesses, economies, and societies have become highly dependent on uninterrupted global data connectivity. Due to surging demands for high-performance computers, servers, as well as network storage systems, there has been an increasing need for effective optical connectivity solutions to back the soaring demand for bandwidth. Optical connectivity solutions enable to integrate various systems together in order to provide an ideal environment for high-speed data transmission, which also fulfil the requirements of many industries. These factors are expected to promote significant growth of the optical connectivity solutions market in the global scenario.
Gradual rise in the demand for broadband connections and bandwidth on the account of increasing internet usage for various services may propel the growth of optical connectivity solutions market. A focus on providing cost effective and highly-integrated solutions to growing need for data transmission at larger bandwidths and quicker speeds remain a key growth strategies of leading players operating in optical connectivity solutions market.
Asia Pacific to Contribute Significant Value Share to the Market
Optical connectivity solutions market may witness a promising growth in the developing countries of Asia Pacific due to consistent government investments in communication infrastructure, high density of optic networks, and establishment of new data centers. Rapid penetration of internet connectivity in these regions will continue augment the growth of optical connectivity solutions market.
Owing to strong telecom industry and high concentration of leading companies, optical connectivity solutions market is likely earn high traction in the developed countries of North America such as the U.S. and Canada
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The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The optical connectivity solutions market report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.