|[November 15, 2012]
Research and Markets: Optical Network Hardware Market in the EMEA Region 2011-2015 Out Now
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/fbrvs2/optical_network)
has announced the addition of the "Optical
Network Hardware Market in the EMEA Region 2011-2015" report to
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
ose a challenge to the growth of this market.
The key vendors dominating this space are Alcatel-Lucent, Ciena Corp.,
Huawei (News - Alert) 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 (News - Alert) 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
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/fbrvs2/optical_network.
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