TechNavio recognizes the following companies as the key players in the Global ROADM Component Market: JDSU Corp., Finisar Corp., and CoAdna Holdings Inc.
Commenting on the report, an analyst from TechNavio’s Networking team said: ”The main trend being witnessed by the market is the strong adoption of ROADM components in China over the past few years. China has been increasingly investing in fiber optic networks and despite the lower penetration rate it already has the second highest number of FTTH subscribers globally and this number is expected to increase significantly in the coming years. The Chinese government is also providing incentives to optical network equipment manufacturers, which is further fueling the adoption of optical networks by service providers.”
According to the report, the main factor driving the market is the increasing need to manage network traffic. The usage of data services such as video streaming, online games, etc. has led to exponential growth in network traffic. ROADM components are extremely efficient in managing network traffic and are being widely adopted by service providers to manage the rapid growth in network traffic.
Further, the report states that the main challenge faced by the market is the declining spending by service providers. Since many end-users are enterprises and service providers, any fluctuations in the economic conditions of the market lead to reduced sales.
The report also includes a discussion on the other prominent vendors in this market,such as Nistica Inc., Oclaro Inc., Oplink Communications Inc., and NeoPhotonics Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-roadm-component-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Networking market research, please visit https://www.technavio.com/networking
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TechNavio Announces the Publication of its Research Report “ Global ROADM Component Market 2012-2016
