Market Research Report
Optical Network Hardware
|Published by||Global Industry Analysts, Inc.||Product code||958364|
|Published||Content info||108 Pages
Delivery time: 1-2 business days
|Optical Network Hardware|
|Published: April 1, 2021||Content info: 108 Pages||
Global Optical Network Hardware Market to Reach $42.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Optical Network Hardware estimated at US$17.7 Billion in the year 2020, is projected to reach a revised size of US$42.4 Billion by 2027, growing at a CAGR of 13.3% over the period 2020-2027.
The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 12.8% CAGR
The Optical Network Hardware market in the U.S. is estimated at US$5.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.4 Billion by the year 2027 trailing a CAGR of 12.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.7% and 11.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.
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