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Optical switches market to grow by 10.58% Y-O-Y in 2023; Increasing data center construction will drive growth - Technavio
[January 24, 2023]

Optical switches market to grow by 10.58% Y-O-Y in 2023; Increasing data center construction will drive growth - Technavio


NEW YORK, Jan. 24, 2023 /PRNewswire/ -- 

Optical switches market insights -

  • Vendors: 15+, Including Agilent Technologies Inc., Agiltron Inc., Broadcom Inc., Cisco Systems Inc., D Link Corp., Fujitsu Ltd., Furukawa Electric Co. Ltd., HP Inc., Huawei Investment and Holding Co. Ltd., Infinera Corp., Juniper Networks Inc., Keysight Technologies Inc., NEC Corp., Nokia Corp., NTT Advanced Technology Corp., ON Semiconductor Corp., Siemens AG, Telefonaktiebolaget LM Ericsson, Yokogawa Electric Corp., ZTE Corp., among others
  • Coverage: Key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Application (Data communications, Telecommunications, and Others), Type (Large enterprise and SMEs), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

To understand more about the optical switches market, request a sample report

In 2017, the optical switches market was valued at USD 4,958.89 million. From a regional perspective, APAC held the largest market share, valued at USD 2,451.68 million. The optical switches market size is estimated to grow by USD 4,896.63 million from 2022 to 2027 at a CAGR of 11.38% according to Technavio.

Optical switches market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!

Global Optical switches market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including –

  • Agiltron Inc. - The company offers optical switches such as Fiber optical switch systems, MEMs fiber optical switches, broadband optical switches, and fiber optical prism switches.
  • Broadcom Inc. - The company offers optical switches named Co Packaged Optics with CPO transceivers and CPO switches.
  • Cisco Systems Inc. - The company offers optical switches named Cisco Prisma II optical switch modules.
  • D Link Corp. - The company offers optical switches named DGS 3630 Series Gigabit L3 Stackable Managed Switches.

Optical switches market – Market Dynamics

Major Drivers – 

  • Increasing data center construction
  • Development of smart cities
  • Need for increased network bandwidth

KEY challenges – 

  • Issues in optical fiber network deployments
  • Inconsistent foreign exchange rates and weakening of the global economy
  • Data center consolidation

Drivers and Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The optical switches market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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  • Analyzes competitor's offerings 
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What are the key data covered in this Optical Switches Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Optical Switches Market between 2023 and 2027
  • Precise estimation of the size of the Optical Switches Market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the Optical Switches Market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of Optical Switches Market vendors

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Optical Switches Market Scope





Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 11.38%

Market growth 2023-2027

USD 4896.63 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.58

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution 

APAC at 55%

Key countries

US, China, South Korea, India, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Agilent Technologies Inc., Agiltron Inc., Broadcom Inc., Cisco Systems Inc., D Link Corp., Fujitsu Ltd., Furukawa Electric Co. Ltd., HP Inc., Huawei Investment and Holding Co. Ltd., Infinera Corp., Juniper Networks Inc., Keysight Technologies Inc., NEC Corp., Nokia Corp., NTT Advanced Technology Corp., ON Semiconductor Corp., Siemens AG, Telefonaktiebolaget LM Ericsson, Yokogawa Electric Corp., and ZTE Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global optical switches market 2017 - 2021
    • Exhibit 18: Historic Market Size – Data Table on Global optical switches market 2017 - 2021 ($ million)
  • 4.2 Application Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
  • 4.3 Type Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

  • 6.1 Market segments
    • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
  • 6.2 Comparison by Application
    • Exhibit 32: Chart on Comparison by Application
    • Exhibit 33: Data Table on Comparison by Application
  • 6.3 Data communications - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Data communications - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Data communications - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Data communications - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Data communications - Year-over-year growth 2022-2027 (%)
  • 6.4 Telecommunications - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Telecommunications - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Telecommunications - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Telecommunications - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Telecommunications - Year-over-year growth 2022-2027 (%)
  • 6.5 Others - Market size and forecast 2022-2027
    • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Application
    • Exhibit 46: Market opportunity by Application ($ million)

7 Market Segmentation by Type

  • 7.1 Market segments
    • Exhibit 47: Chart on Type - Market share 2022-2027 (%)
    • Exhibit 48: Data Table on Type - Market share 2022-2027 (%)
  • 7.2 Comparison by Type
    • Exhibit 49: Chart on Comparison by Type
    • Exhibit 50: Data Table on Comparison by Type
  • 7.3 Large enterprise - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Large enterprise - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Large enterprise - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Large enterprise - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Large enterprise - Year-over-year growth 2022-2027 (%)
  • 7.4 SMEs - Market size and forecast 2022-2027
    • Exhibit 55: Chart on SMEs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on SMEs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on SMEs - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on SMEs - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Type
    • Exhibit 59: Market opportunity by Type ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview
    • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation
    • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison
    • Exhibit 63: Chart on Geographic comparison
    • Exhibit 64: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027
    • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.4 North America - Market size and forecast 2022-2027
    • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027
    • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027
    • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027
    • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 China - Market size and forecast 2022-2027
    • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.9 US - Market size and forecast 2022-2027
    • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.10 South Korea - Market size and forecast 2022-2027
    • Exhibit 93: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on South Korea - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
  • 9.11 India - Market size and forecast 2022-2027
    • Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)
  • 9.12 France - Market size and forecast 2022-2027
    • Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Agilent Technologies Inc.
    • Exhibit 112: Agilent Technologies Inc. - Overview
    • Exhibit 113: Agilent Technologies Inc. - Business segments
    • Exhibit 114: Agilent Technologies Inc. - Key news
    • Exhibit 115: Agilent Technologies Inc. - Key offerings
    • Exhibit 116: Agilent Technologies Inc. - Segment focus
  • 12.4 Agiltron Inc.
    • Exhibit 117: Agiltron Inc. - Overview
    • Exhibit 118: Agiltron Inc. - Product / Service
    • Exhibit 119: Agiltron Inc. - Key offerings
  • 12.5 Broadcom Inc.
    • Exhibit 120: Broadcom Inc. - Overview
    • Exhibit 121: Broadcom Inc. - Business segments
    • Exhibit 122: Broadcom Inc. - Key news
    • Exhibit 123: Broadcom Inc. - Key offerings
    • Exhibit 124: Broadcom Inc. - Segment focus
  • 12.6 Cisco Systems Inc.
    • Exhibit 125: Cisco Systems Inc. - Overview
    • Exhibit 126: Cisco Systems Inc. - Business segments
    • Exhibit 127: Cisco Systems Inc. - Key news
    • Exhibit 128: Cisco Systems Inc. - Key offerings
    • Exhibit 129: Cisco Systems Inc. - Segment focus
  • 12.7 D Link Corp.
    • Exhibit 130: D Link Corp. - Overview
    • Exhibit 131: D Link Corp. - Business segments
    • Exhibit 132: D Link Corp. - Key news
    • Exhibit 133: D Link Corp. - Key offerings
    • Exhibit 134: D Link Corp. - Segment focus
  • 12.8 Fujitsu Ltd.
    • Exhibit 135: Fujitsu Ltd. - Overview
    • Exhibit 136: Fujitsu Ltd. - Business segments
    • Exhibit 137: Fujitsu Ltd. - Key news
    • Exhibit 138: Fujitsu Ltd. - Key offerings
    • Exhibit 139: Fujitsu Ltd. - Segment focus
  • 12.9 Furukawa Electric Co. Ltd.
    • Exhibit 140: Furukawa Electric Co. Ltd. - Overview
    • Exhibit 141: Furukawa Electric Co. Ltd. - Business segments
    • Exhibit 142: Furukawa Electric Co. Ltd. - Key news
    • Exhibit 143: Furukawa Electric Co. Ltd. - Key offerings
    • Exhibit 144: Furukawa Electric Co. Ltd. - Segment focus
  • 12.10 HP Inc.
    • Exhibit 145: HP Inc. - Overview
    • Exhibit 146: HP Inc. - Business segments
    • Exhibit 147: HP Inc. - Key news
    • Exhibit 148: HP Inc. - Key offerings
    • Exhibit 149: HP Inc. - Segment focus
  • 12.11 Huawei Investment and Holding Co. Ltd.
    • Exhibit 150: Huawei Investment and Holding Co. Ltd. - Overview
    • Exhibit 151: Huawei Investment and Holding Co. Ltd. - Business segments
    • Exhibit 152: Huawei Investment and Holding Co. Ltd. - Key news
    • Exhibit 153: Huawei Investment and Holding Co. Ltd. - Key offerings
    • Exhibit 154: Huawei Investment and Holding Co. Ltd. - Segment focus
  • 12.12 Infinera Corp.
    • Exhibit 155: Infinera Corp. - Overview
    • Exhibit 156: Infinera Corp. - Product / Service
    • Exhibit 157: Infinera Corp. - Key offerings
  • 12.13 Juniper Networks Inc.
    • Exhibit 158: Juniper Networks Inc. - Overview
    • Exhibit 159: Juniper Networks Inc. - Product / Service
    • Exhibit 160: Juniper Networks Inc. - Key offerings
  • 12.14 Keysight Technologies Inc.
    • Exhibit 161: Keysight Technologies Inc. - Overview
    • Exhibit 162: Keysight Technologies Inc. - Business segments
    • Exhibit 163: Keysight Technologies Inc. - Key news
    • Exhibit 164: Keysight Technologies Inc. - Key offerings
    • Exhibit 165: Keysight Technologies Inc. - Segment focus
  • 12.15 NEC Corp.
    • Exhibit 166: NEC Corp. - Overview
    • Exhibit 167: NEC Corp. - Business segments
    • Exhibit 168: NEC Corp. - Key news
    • Exhibit 169: NEC Corp. - Key offerings
    • Exhibit 170: NEC Corp. - Segment focus
  • 12.16 Nokia Corp.
    • Exhibit 171: Nokia Corp. - Overview
    • Exhibit 172: Nokia Corp. - Business segments
    • Exhibit 173: Nokia Corp. - Key offerings
    • Exhibit 174: Nokia Corp. - Segment focus
  • 12.17 Telefonaktiebolaget LM Ericsson
    • Exhibit 175: Telefonaktiebolaget LM Ericsson - Overview
    • Exhibit 176: Telefonaktiebolaget LM Ericsson - Business segments
    • Exhibit 177: Telefonaktiebolaget LM Ericsson - Key news
    • Exhibit 178: Telefonaktiebolaget LM Ericsson - Key offerings
    • Exhibit 179: Telefonaktiebolaget LM Ericsson - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 180: Inclusions checklist
    • Exhibit 181: Exclusions checklist
  • 13.3 Currency conversion rates for US$
    • Exhibit 182: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 183: Research methodology
    • Exhibit 184: Validation techniques employed for market sizing
    • Exhibit 185: Information sources
  • 13.5 List of abbreviations
    • Exhibit 186: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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