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Optical Switches Market Share

Report ID: GMI9519
Published Date: May 2024
Report Format: PDF

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Optical Switches Market Share

Huawei Technologies Co., Ltd. and Cisco Systems, Inc. held a significant share of over 15% in the optical switches market in 2023. Huawei Technologies Co., Ltd. is a global leader in the telecommunications and networking industry. They offer a comprehensive range of optical switch solutions, including high-capacity WDM systems, optical transport platforms, and data center interconnect solutions. Huawei's optical switches provide high-performance, scalable, and energy-efficient networking solutions for telecommunications operators, enterprises, and data centers worldwide, enabling seamless connectivity and data transmission across various applications and scenarios.

Cisco Systems, Inc. is a leading provider of networking solutions, including optical switches, for various industries globally. Their optical switches offer high-performance, scalability, and reliability, catering to the growing demand for high-speed data transmission in telecommunications, data centers, and enterprise networks. Cisco's portfolio includes a range of optical switch products and solutions designed to meet the diverse needs of customers, enabling seamless connectivity and network optimization.

Optical Switches Market Companies

Major players operating in the optical switches industry are:

Brocade Communication Systems, Inc.
Cisco Systems, Inc.
D-Link Corporation
Fujitsu Ltd.
Furukawa Electric Co. Ltd.
Huawei Technologies Co., Ltd.
Juniper Networks

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for optical switches was worth USD 6 billion in 2023 and will demonstrate a 11.5% CAGR between 2024 and 2032 due to the escalating demand for high-speed data transmission and bandwidth-intensive applications.

The multiplexing segment in the optical switches industry will surpass USD 7 billion by 2032, driven by the escalating demand for efficient data transmission solutions in telecommunications and data center applications.

North America industry recorded over 35% share in 2023, owing to the extensive adoption of advanced networking technologies due to the region's robust infrastructure, and significant investments in research and development.

Key players operating in the optical switches industry are Brocade Communication Systems, Inc., Cisco Systems, Inc., D-Link Corporation, Fujitsu Ltd., Furukawa Electric Co. Ltd., Huawei Technologies Co., Ltd., and Juniper Networks, among others.