Ovum Predicts Big Optical Growth

LONDON -- The global optical networking (ON) market will reach revenues of $20 billion by 2016, as the sector pulls itself out of the economic downturn, predicts Ovum in a new forecast*.

However, the independent telecoms analyst warns that although the global market will grow at a compound annual growth rate (CAGR) of six per cent from 2010 to 2016, not all of the regions will see strong growth.

Ian Redpath, Ovum analyst and author of the forecast, commented: “Increasing bandwidth from residential broadbandnetworks, mobile networks, and enterprises is the key driver of the growth.Carriers are investing in access networks and mobile long term evolution (LTE) rollouts are beginning to gain momentum. The ON market is also reaching a watershed moment in terms of technology. Networks based on 40G and 100G wavelengths are now poised for mass-market deployment.”

Ovum Ltd.