< Key Hightlight >

MARKET OUTLOOK

As per Triton’s research, the optical communication and network equipment market in Europe is expected to thrive at a compound annual growth rate of 8.71% during the period 2021-2028. Germany, Italy, Sweden, Spain, France, Russia, the United Kingdom, and Rest of Europe shape the region’s market.

The studied market’s growth is estimated to be mainly owing to ongoing innovation and collaboration to develop optical networks in Germany. For instance, recently, DB Systel recruited ECI to construct and integrate a flexible optical network in the country. Additionally, Nokia made an optical deal with Deutsche Telekom. Moreover, the company plans to employ Nokia’s optical transport portfolio to deliver a higher-capacity, automated network that meets industry 4.0 and residential requirements. These aforementioned factors are envisioned to create affluent opportunities for the German optical communication and network equipment market. 

On the other hand, the government launched the total harmonic distortion plan in France, aiming to cover the whole country in THD by 2022. Moreover, the plan aims to generalize fiber deployment to home networks, gradually replacing copper in the telephone network with optical fiber. Furthermore, the fixed fiber project was earlier part of the Engage 2025 five-year strategic plan that mentions a commitment to net zero carbon by 2050 and digital equality. Presently, this venture operates fixed fiber to the home infrastructure that contains several open-access networks across rural areas. Hence, these factors are likely to create new opportunities for the optical communication and network equipment market in France. 

COMPETITIVE OUTLOOK 

The well-known companies in the optical communication and network equipment market are Ribbon Communications Inc, Alcatel Lucent Enterprise, NEC Corporation, Ericsson, Juniper Networks Inc, Ciena Corporation, and Fujitsu Optical Components Limited.