Global Wavelength Services Market to Reach Nearly $1.6 Billion by 2007

As other telecom markets, the nascent wavelength services market has been buffeted by change, most of it unfavorable, as part of the overall telecom meltdown. Does this mean that the market opportunity for wavelength services has evaporated? Or have wavelength services merely hit a speed bump with longer-term opportunities still in play? In its new report, Metro and Long-Haul Wavelength Services: An Assessment of the Business Cycle Impacts, Opportunities and Global Demand, Pioneer Consulting re-addresses these and other issues in light of the most recent developments in order to provide up-to-date assessments of the market opportunity offered by wavelength services through-out the world. According to Paul Kellett, Senior Director ? Research of Pioneer Consulting, "Even when over-capacity issues are factored in, a longer-term market opportunity for wavelength services is evident!" Based on its proprietary demand model, Pioneer predicts that global wavelength services revenue will grow from $307.9 million (USD) in 2001 to $1,591.7 million in 2007.