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Optical Communications Market by Application, Drive Mechanism and Region Forecasts to 2023Market Highlights: The global optical communications market is presumed to garner USD 24 billion and expand at 9 % CAGR during the forecast period (2017-2023) owing to the increasing demand for next generation of high bandwidth data center, asserts Market Research Future (MRFR). Optical communication refers to the process of sending information at a distance by using light as a carrier. The system comprises a channel, a modulator or transmitter, and a receiver or a photo-detector. The commonly used channel for optical communication is optical fibers which carry optical information to the destination. Increasing demand for next generation of high bandwidth data center and communication network are driving the market growth to a great extent. With cutting-edge, advanced optical solutions serve several commercial market including astronomy, medical, ophthalmic, semiconductor, and others. For instance, advanced optics are used in number of products that reach the medical optics market from optical fiber to full detection systems. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4663 Major Key Players • Verizon Communications (US), • AT&T Inc. (U.S), • Maxim Integrated (U.S), • Vodafone Group PLC (UK); • Deutsche Telekom AG (Germany), • Telefonica, S.A (Spain), • Orange (France), • Telkom SA SOC Ltd. (South Africa), • Telstra Corporation Ltd. (Australia), • Singapore Telecommunications Limited (Singapore), • Hetzner Online GmbH (Germany), • Corning Incorporated (U.S) are leading provider of optical communications in the global market. In 2017, Vodafone Group PLC went into the agreement with Telefonica, S.A to access optic network. Under this agreement, the Vodafone can access the fiber network coverage and look forward for the extension towards ultra-fast broadband and television services. According to MRFR, The Global Optical Communications Market is expected to grow at USD 24 billion by 2023, at a CAGR of ~9% during the forecast period 2017-2023. Regional Analysis: Geographically, the optical communications market span across regions namely, North America, Asia Pacific, Europe, and Rest-of-the-World. Among all the regions, the North American region is considered to be one of the leading regions in terms of market share. The optical communication market has tremendous demand in this region owing to the rising data rates that enable rise in data collection and reduction in operational complexity. The optical communication market in the European region is presumed to register rapid growth in the assessment period owing to the presence of highly advanced telecommunication network in this region. Asia Pacific is an emerging region for optical communication market and is presumed to register the highest CAGR during the assessment period owing to the increasing focus of leading market players on targeting optical communications to meet the customer’s requirements. Segmentation: The global optical communications market has been segmented on the basis of technology, component, end-users, applications, and region. By mode of components, the global market for optical communication has been segmented into optical transceivers, optical switches, optical fibers, optical splitters, optical amplifiers, optical circulators, and others. Among these, the optical fibers segment is further sub-segmented into single-mode and multimode optical fiber. By mode of technology, the global market for optical communication has been segmented into fiber channel, synchronous optical networking, wavelength-division multiplexing, and others. By mode of application, the global market for optical communication has been segmented into telecom, enterprise, data center, and others. By mode of end-users, the global market for optical communication has been segmented into IT & telecommunications, aerospace and defense, astronomy, industrial, medical, and others. Browse Complete Report @ https://www.marketresearchfuture.com/reports/optical-communications-market-4663 Intended Audience: • Optical communications companies • Optical communications providers • Technical universities • System integrators • Managed Security Service Providers • Professional service providers • Research and development companies • Market research and consulting firms • Solution providers • Technology standards organizations • Technology investors • System Integrators LIST OF FIGURES Figure 1 Research Component Figure 2 Optical Communications Market, By Component (%) Figure 3 Optical Communications Market, By Technology (%) Figure 4 Optical Communications Market, By Applications (%) Figure 5 Optical Communications Market, By Vertical (%) Continued…... For More Information Visit @ http://www.digitaljournal.com/pr/3550477 http://www.digitaljournal.com/pr/4062235 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. 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