Improving Component Supply Drives Optical Transport Market Growth in 1Q 2023, According to Dell'Oro Group
Market Grew 8 Percent Year-Over-Year
REDWOOD CITY, Calif., May 25, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, Optical Transport equipment revenue grew 8 percent year-over-year in 1Q 2023.
"For a second consecutive quarter, the Optical Transport equipment market growth exceeded our expectations," said Jimmy Yu, Vice President at Dell'Oro Group. "Equipment manufacturers are benefiting from the record level of backlog built-up over the past two years due to a lack of component supply. As these shortages moderate and lead times shrink, vendors are in a position to deliver long-awaited DWDM systems to their customers. This was the first time in two years that we did not hear a single vendor mention component shortage as a reason for lower than expected revenue in the quarter," added Yu.
Additional highlights from the 1Q 2023 Optical Transport Quarterly Report:
The Dell'Oro Group Optical Transport Quarterly Report offers complete, in-depth coverage of the market with tables covering manufacturers' revenue, average selling prices, and unit shipments (by speed including 100 Gbps, 200 Gbps, 400 Gbps, and 800 Gbps). The report tracks DWDM long haul, WDM metro, multiservice multiplexers (SONET/SDH), optical switch, optical packet platforms, data center interconnect (metro and long haul), and disaggregated WDM. To purchase this report, please contact us at [email protected].
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions.
View original content to download multimedia:https://www.prnewswire.com/news-releases/improving-component-supply-drives-optical-transport-market-growth-in-1q-2023-according-to-delloro-group-301833933.html
SOURCE Dell'Oro Group