Data centers have grown significantly in recent years as a result of the rapid adoption of technologies such as mobile computing, the Internet of Things (IoT), and cloud computing, resulting in a significant increase in the demand for optical connectivity solutions. These solutions are gaining traction due to their ability to improve a data center’s overall operational efficiency.
A variety of benefits can be attributed to rising global demand for optical connectivity solutions in a variety of industries, including electric substations, wind power, mining, and others. Optical connectivity solutions can increase optical bandwidth, intensify optical signals, manage and protect wavelength performance, redirect light signals, improve signal connectivity, and provide signal transmission and reception within optical networks and equipment, among other things. These are the major factors influencing the growth of the global market for optical connectivity solutions.
Optical Connectivity Solutions Market – Notable Developments
Cisco Systems, Ekinops, ADVA Optical Networking, Adtell Integration, Ciena Corporation, ADTRAN, Hamamatsu Photonics, Finisar Corporation, HUBER+SUHNER, OFS, Broadcom, and Fujitsu Optical Components are among the key players operating in the optical connectivity solutions market.
- HUBER+SUHNER, one of the leading manufacturers in electrical and optical connectivity solutions, is set to present its ‘intelligent connectivity solutions’ for mobile network densification at Mobile World Congress 2019. According to the company, it can offer a unique portfolio covering several aspects of mobile network evolution, especially the emergence of 5G network, regarding horizontal and vertical connectivity.
- In February 2019, Ekinops, a leading provider of optical transport equipment and network access solutions, collaborated with Dell EMC to combines its Open Virtualization Platform (OVP) with Dell EMC’s Virtual Edge Platform (VEP). Through this combination, the company aims to provide organizations and enterprises with a fully integrated solutions to drastically simplify their connectivity deployments through virtual network function (VNF) management.
- In December 2018, ADVA Optical Networking, a key player in optical connectivity solutions market, launched its Ensemble Activator network operating system which allows easy transition from manual management to automated operations. According to the company, the new system is the key to rapid and affordable digital transformation.
Optical Connectivity Solutions Market Segmentation
On the basis of product type, optical connectivity solutions market can be segmented into:
- Hardware
- Software
On the basis of application, optical connectivity solutions market can be segmented into:
- Electric Substation
- Wind Power
- Mining
- Oil and Gas
- Others
Asia Pacific is expected to make a significant contribution to market value.
Due to consistent government investments in communication infrastructure, high density of optic networks, and the establishment of new data centres, the optical connectivity solutions market in Asia Pacific may see promising growth. The market for optical connectivity solutions will continue to grow due to the rapid adoption of internet connectivity in these regions.
The optical connectivity solutions market is expected to gain traction in developed North American countries such as the United States and Canada, thanks to a strong telecom industry and a high concentration of leading companies.
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