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MARKET OUTLOOK

Triton’s report alludes that the Middle East and Africa optical communication and network equipment market is predicted to showcase revenue growth at a CAGR of 6.41% through the period 2021-2028. South Africa, Turkey, the United Arab Emirates, Saudi Arabia, and Rest of Middle East & Africa outline the market in this region.

A new open-access agreement was recently signed by six broadband providers in Saudi Arabia, which will permit fiber-optic network sharing. This agreement was introduced by the Communications and Information Technology Commission. As a result, this adoption will enhance the use of fiber-optic infrastructure, making it easier for subscribers to move from one provider to another. Additionally, the government expects to develop several new FTTH subscribers in the country. Thus, these developments will ultimately propel the optical communication and network equipment market on a growth path throughout Saudi Arabia. 

Whereas in Turkey, as of September 2021, Nokia announced its deal with Vodafone with a coherent transmission over its live optical network. The companies proved a significant capacity increase over a single channel, along with the ability to scale a substantial network capacity per fiber. This capacity milestone is a part of a continuing transformation attempt with Nokia to support Vodafone’s optical infrastructure. Besides, the optical tests displayed one tb/s capacity without errors on Vodafone’s live optical network between its data center. Therefore, as mentioned above, these factors are estimated to create several opportunities for Turkey’s optical communication and network equipment market.

COMPETITIVE OUTLOOK

The popular firms in the optical communication and network equipment market are Nokia Corporation, Cisco Systems Inc, Juniper Networks Inc, Arista Networks Inc, Mitsubishi Electric Corporation, NEC Corporation, and Huawei Technology Co Ltd.