Opto-Switch Market Spotlights Sustained Growth

ReportsnReports’ analysis of the optical switch market claims the latest trend gaining momentum in the market is emerging new age technologies and their scaling business opportunities. The researchers see network traffic growing significantly over the last decade, driven by emerging technologies. Network traffic, in terms of the data volume from data-centric applications, is expected to drive the market for optical network hardware. Reportedly, global mobile data traffic increased by 74% in 2015. It accounted for an average of 3.7 exabytes of data per month in 2015, whereas it was 2.1 exabytes per month in 2014. Based on that, the analysts forecast global optical switches market to grow at a CAGR of 10.89% during the period 2018-2022.



Fierce AI Week

Register today for Fierce AI Week - a free virtual event | August 10-12

Advances in AI and Machine Learning are adding an unprecedented level of intelligence to everything through capabilities such as speech processing and image & facial recognition. An essential event for design engineers and AI professionals, Engineering AI sessions during Fierce AI Week explore some of the most innovative real-world applications today, the technological advances that are accelerating adoption of AI and Machine Learning, and what the future holds for this game-changing technology.
  • One of the major factors hindering the growth of this market is data center consolidation.
  • Virtualization software helps in partitioning physical IT infrastructure into smaller virtual infrastructure to maximize their utilization.
  • Data center consolidation through virtualization reduces the overall footprint of data centers, hindering the adoption of server, storage, and network infrastructure in data centers.
  • Key players in the global optical switches market: Huawei Technologies, Cisco, Fujitsu.
  • Major driver for Optical Switches market is increasing data center construction.
  • Trend in the market is migration of OTNs toward WDM architecture.  

If you are yearning for deeper market insights, get the complete report on Optical Switches Market.




[email protected]


Suggested Articles

Silicon Labs is providing the BT module needed for detecting proximity with another Maggy device

Test automation won't fix everything, but can help, according to an automation engineer. Here are five problems to avoi to improve chances of success

Many of Nvidia’s competitors also use Arm designs, and are sure to object to the deal