Wavelength Division Multiplexers (WDM) Market By Multiplexer Type (Dense Wavelength Division Multiplexer (DWDM), Coarse Wavelength Division Multiplexer (CWDM)), By End-User (It & Telecom, Banks, Financial Services & Insurance (BFSI), Academics & Institutes, Manufacturing & Operations, Logistics, Hospitality, Retail, Healthcare) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

Ever-rising Internet Traffic Worldwide to Bolster the Demand for WDM Technology

The wavelength division multiplexers (WDM) market is expected to hit US$ 35.40 Bn by 2026, expanding at a promising CAGR of 11.0% during the forecast period from 2018 to 2026. Principally governed by Asia Pacific, the WDM market is driven by the rising need for high-volume data transfer capacity. The market has been witnessing rapid growth due to the constant rise in internet traffic and the popularisation of WDM technology. Internet traffic exhibited a CAGR of more than 25% from 2013 to 2016. Amidst the growing demand for network bandwidth, fiber optic cable efficiency-enhancing technology, called WDM, is considered among the most promising alternatives for providing the additional bandwidth required. With the rapidly growing count of Internet users and network traffic worldwide, Internet providers are now aiming for feasible ways to cater to the ever-rising demand for network bandwidth. Thus, WDM technology is set to witness immense growth in the forecasted years.

Dense Wavelength Division Multiplexer (DWDM) Leads the Market and is Accounted to Retain Its Dominant Position

Dense Wavelength Division Multiplexer (DWDM) leads the overall market, accounting for more than 50% of the global market value. The ability to amplify all wavelengths at once without first converting them to electrical signals and carry signals of different speeds and types simultaneously and transparently over the fiber makes DWDM more favorable among end-users. DWDM spaces the wavelengths more closely than Coarse Wavelength Division Multiplexer (CWDM) and therefore has a greater overall capacity. DWDM's fast and flexible provisioning of protocols and transparent, protected, data-centric services, along with the capability to offer new, higher-speed services at a lower cost, deliver additional value in the metropolitan market. This would ensure strong growth for the DWDM segment through the forecast period.

Burgeoning Countries of Asia Pacific to Ensure Fastest Growth of the Region Throughout the Forecast Period

Currently, Asia-Pacific leads the market, accounting for more than 1/3 of the overall market value worldwide. The IT and telecom markets in Asia Pacific witnessed about 9.3% year-on-year growth in 2016, driven by strong evolution in smartphones, desktops, and other smart communication device markets. The WDM market here is primarily backed by China due to the growing penetration of fiber optic networks. According to China's Ministry of Industry and Information Technology (MIIT), the country laid over 2.6 billion kilometers of optical fiber in 2015. MIIT expected over 80% of broadband users in China to be on the optical fiber network in 2017.

As well, burgeoning countries such as Japan, South Korea, India, and Singapore, among others, are set to ensure strong market growth in the region throughout the forecast period. Increasing initiatives such as the Asia Pacific Information Superhighway (APIS) aim to ensure the availability and affordability of broadband Internet across Asia Pacific countries and promote terrestrial and submarine fiber optic connectivity. Rapidly rising demand for fiber optic technology and the need to increase its data-carrying capacity pave the way for demand for subsequent WDM technology in the region.

Alliances with Domestic Players to Remain the Key Strategy

The overall WDM market is fragmented in nature, with a significant number of Internet network providers. The market comprises an enormous number of domestic firms serving limited territories. These companies deliver the majority of Internet network services, thus restricting the scope of international players. The most commonly adopted strategy by global players is acquisition or alliances with domestic fiber optic network providers. This aids the companies in expanding their WDM technology service offerings for fiber optic networks, thereby increasing their reach to a larger number of customers. Major instances include the acquisition of Silicon Photonics from IMEC BV by Huawei Technologies Co., Ltd., the acquisition of Pirelli Optical Systems by Cisco Systems, Inc., and the alliance of Telenor ASA with ZTE Corporation. Key players profiled in the report include Adva Optical Networking, SE, Adtran, Inc., Aliathon Technologies Ltd., Alcatel–Lucent, Cisco Systems, Inc., Ciena Corporation, Fujitsu Ltd., Huawei Technologies Co., Ltd., ZTE Corporation, Infinera Corporation, JDS Uniphase Corporation, OZ Optics Ltd., and others.

Historical and Forecast Period

2016: Historical Year

2017: Base Year

2018-2026: Forecast Period

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The wavelength division multiplexers market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global wavelength division multiplexers market based on multiplexer type, end-use, and geography.

Key questions are answered in this report.

  • What was the market size of WDM in 2017, and what is the forecast up to 2026?
  • Which is the largest regional market for WDM?
  • What are the key market trends observed in the WDM market and the outlook for fiber optic technology?
  • Which are the most promising multiplexer type and end-use in the WDM market?
  • Who are the key players leading the market?
  • What are the key strategies adopted by the leading players in the market?
  • What are the key trends in internet usage across different geographies and sub-geographies?

Frequently Asked Questions:

The market for Wavelength Division Multiplexers Market is expected to reach US$ 35.40 Bn by 2026.

The Wavelength Division Multiplexers Market is expected to see significant CAGR growth over the coming years,at 11.0%.

The report is forecasted from 2018 – 2026.

The base year of this report is 2017.

Adva Optical Networking, SE, Adtran, Inc., Aliathon Technologies Ltd., Alcatel–Lucent, Cisco Systems, Inc., Ciena Corporation, Fujitsu Ltd., Huawei Technologies Co., Ltd., ZTE Corporation, Infinera Corporation, JDS Uniphase Corporation, OZ Optics Ltd., are some of the major players in the global market.

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Published Date:  Aug 2018
Category:  Technology & Media
Report ID:   59251
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
Delivery Time: 24 Hours to 48 Hours   
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