Major Trends in Optical Communication and Networking Equipment Market
The global optical
communication and networking equipment market was valued at USD 18.9 billion
in 2020 and is projected to reach USD 27.8 billion by 2025; it is growing at a
CAGR of 8.0% from 2020 to 2025.
Rising adoption of cloud-based
services and virtualization services all over the world, increasing data
traffic due to increased internet usage, and growing number of data centers are
the factors...