[November 17, 2009] Research and Markets: Market Share: 2Q09 Optical Networks, Global and Regional Tweet DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/2bcb89/market_share_2q09) has announced the addition of the "Market Share: 2Q09 Optical Networks, Global and Regional" report to their offering. Stratospheric spending in China related to 3G mobile builds relieved some pressure from a market reeling from a full year of economic decline. ON revenues in 2Q09 were $3.79 billion, up 8% sequentially but down 11% versus 2Q08. Annualized spending fell to $15.6 billion, a decrease of 4% compared to the year before and the first time global annualized revenues failed to grow year over year since 1Q04. Huawei (News - Alert) had the highest sales for the second consecutive quarter with $872 million in revenue, pulling to within a fraction of a point of catching Alcatel-Lucent for overall optical networking (ON) market leadership. The Chinese aggregation spending frenzy pushed ZTE's (News - Alert) revenues up 213%, the highest sequential revenue growth of the top ten vendors, while NEC's sales suffered the biggest decline at 25%. Currency fluctuations continue to hamper Alcatel-Lucent, Nortel, Nokia (News - Alert) Siemens, Cisco, and others while helping Huawei and ZTE. All product segments showed a sequential increase in 2Q09 except SLTE, which was down 19%. Sales grew sequentially in all regions except South and Central America (SCA), with Asia-Pacific showing the strongest advance. Global spending for the first half of the year is tracking with our most likely forecast, which calls for sales totaling $15.4 billion for 2009. Key Topics Covered: Executive summary In a nutshell Ovum (News - Alert) view 2Q09 quarterly results Changes to our ON share reporting started in 1Q09 Global spending up sequentially but down versus year-ago period Key messages There's China and then there's everywhere else Strong growth in China has benefited Huawei most Changes in top ten market positions: ZTE and Tellabs move up; NEC, Ericsson (News - Alert), and Ciena move down Continuing demand for ON gear Foreign exchange shifts complicate market analysis "Slow" me the money Market share global and more..... List of Tables List of Figures For more information visit http://www.researchandmarkets.com/research/2bcb89/market_share_2q09 Source: Ovum [ Back To TMCnet.com's Homepage ]