The increasing number of data centers is one of the key factors expected to trigger the market’s growth in the forthcoming years. The growing focus on the development of smart cities, smart homes, and smart grids will further lead to increased deployment of optical amplifiers. Furthermore, the increasing reliance of data center on fiber optic technologies will further propel the demand for optical amplifiers. Optical amplifiers are often used for facilitating the amplification of optical signals without its conversion to an electrical format. As a result, with rising construction of data centers, the demand for optical amplifiers will drive market growth, which is slated to register a CAGR of close to 9% during the forecast period.
The increasing popularity of hyper-converged infrastructure (HCI) is one of the key trends expected to gain traction in the market. With the rising need for accessing data universally, there has been a rapid surge in the adoption of cloud computing networks. The cloud systems are often deployed with the HCI framework, which requires optical circuit switches, facilitating faster interconnection in the system. As a result, with the rising deployment of fiber optic cables, the need for optical amplifiers will rise in the forthcoming years.
Top optical amplifier companies covered in this market research report
The optical amplifier market is moderately concentrated with companies focusing on launching innovative solutions catering to the evolving end-user requirements. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this optical amplifier industry analysis report is designed to allow clients to form effective strategies for strengthening their position in the market.
The report offers a complete analysis of various companies including:
Sumitomo Electric Industries
Optical amplifier market segmentation based on geographic regions
The APAC region will account for the highest revenue contribution in the optical amplifier market. The region will continue to dominate the optical amplifier market owing to the increasing adoption of the Internet coupled with the growing broadband subscriber base in the emerging economies of the region.
Optical amplifier market segmentation based on end-user
The data communication end-user segment will account for the highest optical amplifier market share in the forthcoming years owing to the increasing number of data centers being established for supporting numerous applications, servers, and systems. Additionally, the report will provide an accurate prediction of the contribution of the various end-user segments to the growth of the optical amplifier market size.
Key highlights of the global optical amplifier market for the forecast years 2019-2023:
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the optical amplifier market during the next five years
Precise estimation of the global optical amplifier market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the optical amplifier industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of optical amplifier companies
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