$15 Billion Optical Transport Equipment Market Declined 2 Percent in 2021
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Update time : 2022-03-17 16:47:00
“The Optical Transport market outside of Asia Pacific improved in the year, following a momentary slow down caused by the pandemic in 2020,” said Jimmy Yu, Vice President at Dell’Oro Group. “It was a noticeably strong year for optical systems in all the other regions. In fact, with the exception of Asia Pacific, optical revenue in 2021 surpassed the pre-pandemic levels in each of the regions. The biggest issue facing the industry is the ongoing component shortage and supply chain bottlenecks. Without these issues, the optical market would have grown at a much higher rate,” added Yu.
Additional highlights from the 4Q 2021 Quarterly Report:
Optical Transport revenue in Asia Pacific declined 11 percent in the year due to lower sales across the region. China, which contributes two-thirds of the region’s revenue, declined approximately 9 percent in 2021.
Optical Transport revenue in North America, Europe, and Latin America grew 12 percent, 6 percent, and 19 percent, respectively.
The top equipment manufacturers by revenue share for markets outside the Asia Pacific region were Ciena, Huawei, Nokia, Infinera, and Cisco with a combined share exceeding 80 percent.