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Wavelength division multiplexing (WDM) is a technology that multiplexes several optical carriers on a single optical fiber. This is carried out by using different wavelengths or colors used in optical fiber communication. This technology allows us to perform bidirectional communication on a single strand of fiber optics and optimize the overall carrying capacity of the optical fiber. The most significant benefit of using wavelength division multiplexers in optical fiber communication is low cost per bit of transfer. WDMs are employed to enhance communication capacity in different applications such as backhaul, metro networks, access, enterprise communication, and long-haul. According to a study published by Insure Insights, the wavelength division multiplexing system is projected to grow at a CAGR of 12.8% during the forecast period.
Top Driver: Demand for High Data Transfer Speed and Increasing Adoption of Optic Fiber
With robust demand for networks with high data transfer speed and capacity, WDMs are anticipated to be widely adopted in optical fiber communication in the coming future. WDMs allows network service providers to accelerate the scalability of the optical fiber. WDMs create several virtual fibers within the optical fiber and are considered the simplest way to expand capacity. Moreover, WDMs enable network service providers to transmit multiple signals of data by differentiating between their wavelengths, thereby increasing the network’s capacity and its use in different communication applications. Besides, increasing the adoption of fiber optics in communication is another key factor expected to drive the WDM market in the coming future.
IT Telecommunication to Make Crucial Contribution to Growth of the Market
Among industry vertical segment of the global wavelength division multiplexing system market, IT Telecommunication is predicted to show significant growth in future. The other major segments in the industry vertical includes Healthcare, Manufacturing, Financial Services, Others. the healthcare segment is expected to witness huge growth in the forecast period. on the basis of type the market is segmented into Coarse Wavelength Division Multiplexer (CWDM), Dense Wavelength Division Multiplexer (DWDM).
Rising Use Of Internet Users to Benefit North America Market
North American countries such as the US are predicted to maximize their spending on the Wavelength Division Multiplexing System. Furthermore, the increase in the need for the better internet connectivity and is anticipated to grow further in the region. Additionally, the need for WDM solutions in metro regions became stronger would help the market to propel in the coming years. Asia Pacific region is expected to gain highest rate of CAGR in the period, due to the surge in the disposable income.
Players to Focus on Wavelength Division Multiplexing System Market
The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. ADTRAN, Alcatel-Lucent, Aliathon Technology, Ciena Corporation, Cisco Systems, Inc., Ericsson AB, Finisar Corporation, ADVA Optical Networking, NEC India Pvt. Ltd., and ZTE Corporation among others could be at the forefront of the competition in the global market.
Cisco: In July, 2019, Cisco announced its intent to acquire Acacia Communications, Inc., a Massachusetts-based publicly traded company and existing Cisco supplier that designs and manufactures high-speed, optical interconnect technologies that allow webscale companies, service providers, and data center operators to meet the fast-growing consumer demands for data.
Ericsson: In February 2019, Ericsson expanded its Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities through the acquisition of Kathrein’s antenna and filters business.
Scope of the Report
By Type
By Industry Vertical
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Wavelength Division Multiplexing Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Wavelength Division Multiplexing Market -Industry Snapshots
6.1.1 Global Wavelength Division Multiplexing Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Wavelength Division Multiplexing Market Analysis, by Type
7.2 Key Findings for Wavelength Division Multiplexing Market- By Type
7.2.1 Wavelength Division Multiplexing Market- Coarse Wavelength Division Multiplexer (CWDM)
7.2.2 Wavelength Division Multiplexing Market- Dense Wavelength Division Multiplexer (DWDM)
Chapter 8 Global Wavelength Division Multiplexing Market Analysis, by Industry Vertical
8.2 Key Findings for Wavelength Division Multiplexing Market- By Industry Vertical
8.2.1 Wavelength Division Multiplexing Market- IT Telecommunication
8.2.2 Wavelength Division Multiplexing Market- Healthcare
8.2.3 Wavelength Division Multiplexing Market- Manufacturing
8.2.4 Wavelength Division Multiplexing Market- Financial Services
8.2.5 Wavelength Division Multiplexing Market- Others
Chapter 9 Wavelength Division Multiplexing Market Analysis by Region
9.1 Key Findings for Wavelength Division Multiplexing Market- By region
9.2.1 Global Wavelength Division Multiplexing Market Analysis, By Type, 2019 – 2028
9.2.2 Global Wavelength Division Multiplexing Market Analysis, By Industry Vertical, 2019 – 2028
9.3 Wavelength Division Multiplexing Market – North America
9.3.5 North America Market, By Type
9.3.6 North America Market, By Industry Vertical
9.4 Wavelength Division Multiplexing Market – Europe
9.4.8 Europe Market, By Industry Vertical
9.5 Wavelength Division Multiplexing Market – Asia Pacific
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Industry Vertical
9.6 Wavelength Division Multiplexing Market – SAMEA
9.6.2 Middle East & Africa (MEA)
9.6.5 South America, Middle East and Africa Market, By Type
9.6.6 South America, Middle East and Africa Market, By Industry Vertical
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
Chapter 11 Company Profiles- Snapshot
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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