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Global Optical Network Hardware Market to Grow 12.68% Between 2017-2021: Limited Spectral Efficiency Limits in Optical Fiber Network Remains a Key Challenge - Research and MarketsDUBLIN, Mar. 22, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Optical Network Hardware Market 2017-2021" report to their offering. The global optical network hardware market to grow at a CAGR of 12.68% during the period 2017-2021 The report, Global Optical Network Hardware Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. One trend in market is essential developments in cables. The accelerated use of fiber network technology has led to a substantial increase in the demand for cables. This has led to some new developments in cables. Cable manufacturers are manufacturing cables with a high count of fiber by making use of bend-intensive fibers with coatings with a smaller diameter. These cables have the capacity to accommdate 2,000 fiber cables in a diameter less than one. By rolling out such products, vendors are focusing on improving the utility of the product, optimizing the product's specifications to make them better and cheaper. Vendors such as Huawei and Cisco have started developing such cables and expanding their offerings in the market. According to the report, one driver in market is high demand for data centers. Optical networking is the core of storage area networking and business connectivity solutions. Traditionally, data centers made use of network resources and technology made available to them. However, a rise in the investments in data centers is pushing the demand for new optical modules to meet the demand for high bandwidth, low power, and wider reach. Modern data centers now transfer data at the rates of 10GB or higher. Maintaining such rates of data transfer is increasingly becoming a challenge for copper wire-based electrical interconnects. Key vendors
Other prominent vendors
Key Topics Covered: Media Contact: Laura Wood, Senior Manager
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