Optical Network Hardware Market in the EMEA Region 2011-2015: Growing Market for High-Bandwidth Services Presents a Good Opportunity for
Nov 15, 2012 (M2 PRESSWIRE via COMTEX) --
Research and Markets (http://www.researchandmarkets.com/research/78x22x/optical_network) has announced the addition of the "Optical Network Hardware Market in the EMEA Region 2011-2015" report to their offering.
TechNavio's analysts forecast the Optical Network Hardware market in the EMEA region to grow at a CAGR of 2.93 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increased bandwidth requirements. The Optical Network Hardware market in the EMEA region has also been witnessing strong growth prospects in Central and Eastern Europe. However, the high initial investment could pose a challenge to the growth of this market.
The key vendors dominating this space are Alcatel-Lucent, Ciena Corp., Huawei Technologies Co. Ltd., and ZTE Corp.
The other vendors mentioned in the report are Fujitsu Ltd., Cisco Systems Inc., Ericsson Inc., NEC Corp., Nokia Siemens Networks, and Tellabs Inc.
Commenting on the report, an analyst from TechNavio's Networking team said: "Western Europe is currently the biggest market for optical network hardware in the EMEA region, but the market is becoming saturated and is witnessing fewer investments by telecom operators as a result of the ongoing economic crisis. However, Central and Eastern Europe are experiencing high market growth. Telecom operators in Western Europe have therefore started investing in these regions to meet their high bandwidth requirements. Hence, high growth in Central and Eastern Europe is a major trend in the Optical Network Hardware market in the EMEA region."
According to the report, the most important force driving the adoption of optical network equipment is the need for more bandwidth for activities such as web surfing, e-mail browsing, file downloading, online gaming, internet protocol video on demand (IPVOD), and videophone usage. Optical fiber cables provide the speed, agility, and accessibility required by service providers to offer services that consume high bandwidth.
For more information visit http://www.researchandmarkets.com/research/78x22x/optical_network
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