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Press Release:

Global Optical Wavelength Services Market to Reach US$ 7.1 Billion by 2028, Spurred by their Rising Adoption Across Multiple Industrial Verticals

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Optical Wavelength Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global optical wavelength services market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8.56% during 2023-2028.

Optical wavelength services are fiber optic, point-to-point, high bandwidth delivery-based services. They deploy dense wavelength division multiplexing (DWDM) to multiplex multiple wavelengths across a fiber optic single strand for transporting excessive sets of data and files to data centers. Optical wavelength services are extensively employed in the telecommunication industry for high-resolution video streaming, data center interconnection and credit card processing. They offer various benefits, such as security, flexibility, end-to-end management of information technology (IT) staff, network maintenance, cost-effectiveness and real-time response. 

Optical Wavelength Services Market Trends:

The widespread adoption of optical wavelength services in various industrial verticals for operating bandwidth-intensive applications is one of the key factors primarily driving the global optical wavelength market toward growth. Additionally, the increasing requirement for automation and data and file transportation in intelligent data center networking is positively influencing the market growth. In line with this, the rising utilization of optical wavelength services for minimizing the business expenditure is providing a boost to the market growth considerably. Furthermore, the market is driven by the growing inclination of business and service provider networks toward the various multimedia services, such as cloud computing, voice over internet protocol (VoIP), internet of things (IoT), virtual reality (VR), and augmented reality (AR). Other factors, including increasing funding and investments for research and development (R&D) for introducing innovative technologies coupled with numerous initiatives undertaken by governments of various nations for promoting the development of communication infrastructure, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global optical wavelength services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on bandwidth, interface, organization size and application.

Breakup by Bandwidth:

  • Less than 10 Gbps
  • 40 Gbps
  • 100 Gbps
  • More than 100 Gbps
     

Breakup by Interface:

  • OTN
  • Sonet
  • Ethernet
     

Breakup by Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises
     

Breakup by Application:

  • Short Haul
  • Metro
  • Long Haul
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., CarrierBid Communications, Charter Communications Inc., Colt Technology Services Group Limited, Comcast Corporation, Cox Communications Inc., Crown Castle, GTT Communications Inc., Nokia Corporation, T Mobile USA Inc. (Deutsche Telekom AG), Verizon Communications Inc., Windstream Holdings Inc. and Zayo Group Holdings Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Bandwidth, Interface, Organization Size, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AT&T Inc., CarrierBid Communications, Charter Communications Inc., Colt Technology Services Group Limited, Comcast Corporation, Cox Communications Inc., Crown Castle, GTT Communications Inc., Nokia Corporation, T Mobile USA Inc. (Deutsche Telekom AG), Verizon Communications Inc., Windstream Holdings Inc. and Zayo Group Holdings Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Optical Wavelength Services Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Bandwidth
    6.1    Less than 10 Gbps
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    40 Gbps
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    100 Gbps
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    More than 100 Gbps
        6.4.1 Market Trends
        6.4.2 Market Forecast
7   Market Breakup by Interface
    7.1    OTN
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Sonet
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Ethernet
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Organization Size
    8.1    Small and Medium-sized Enterprises
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Large Enterprises
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Application
    9.1    Short Haul
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Metro
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Long Haul
        9.3.1 Market Trends
        9.3.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    AT&T Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    CarrierBid Communications
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Charter Communications Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Colt Technology Services Group Limited
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 SWOT Analysis
        15.3.5    Comcast Corporation
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Cox Communications Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Crown Castle
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    GTT Communications Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Nokia Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    T Mobile USA Inc. (Deutsche Telekom AG)
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Verizon Communications Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Windstream Holdings Inc.
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 SWOT Analysis
        15.3.13    Zayo Group Holdings Inc.
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
           15.3.13.3 SWOT Analysis

List of Figures

Figure 1: Global: Optical Wavelength Services Market: Major Drivers and Challenges
Figure 2: Global: Optical Wavelength Services Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Optical Wavelength Services Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Optical Wavelength Services Market: Breakup by Bandwidth (in %), 2022
Figure 5: Global: Optical Wavelength Services Market: Breakup by Interface (in %), 2022
Figure 6: Global: Optical Wavelength Services Market: Breakup by Organization Size (in %), 2022
Figure 7: Global: Optical Wavelength Services Market: Breakup by Application (in %), 2022
Figure 8: Global: Optical Wavelength Services Market: Breakup by Region (in %), 2022
Figure 9: Global: Optical Wavelength Services (Less than 10 Gbps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Optical Wavelength Services (Less than 10 Gbps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Optical Wavelength Services (40 Gbps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Optical Wavelength Services (40 Gbps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Optical Wavelength Services (100 Gbps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Optical Wavelength Services (100 Gbps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Optical Wavelength Services (More than 100 Gbps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Optical Wavelength Services (More than 100 Gbps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Optical Wavelength Services (OTN) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Optical Wavelength Services (OTN) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Optical Wavelength Services (Sonet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Optical Wavelength Services (Sonet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Optical Wavelength Services (Ethernet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Optical Wavelength Services (Ethernet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Optical Wavelength Services (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Optical Wavelength Services (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Optical Wavelength Services (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Optical Wavelength Services (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Optical Wavelength Services (Short Haul) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Optical Wavelength Services (Short Haul) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Optical Wavelength Services (Metro) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Optical Wavelength Services (Metro) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Optical Wavelength Services (Long Haul) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Optical Wavelength Services (Long Haul) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: North America: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: North America: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: United States: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: United States: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Canada: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Canada: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia-Pacific: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia-Pacific: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: China: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: China: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Japan: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Japan: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: India: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: India: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: South Korea: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: South Korea: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Australia: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Australia: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Indonesia: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Indonesia: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Others: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Others: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Europe: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Europe: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Germany: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Germany: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: France: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: France: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: United Kingdom: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: United Kingdom: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Italy: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Italy: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Spain: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Spain: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Russia: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Russia: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Latin America: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Latin America: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Brazil: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Brazil: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Mexico: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Mexico: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Middle East and Africa: Optical Wavelength Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Middle East and Africa: Optical Wavelength Services Market: Breakup by Country (in %), 2022
Figure 81: Middle East and Africa: Optical Wavelength Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Global: Optical Wavelength Services Industry: SWOT Analysis
Figure 83: Global: Optical Wavelength Services Industry: Value Chain Analysis
Figure 84: Global: Optical Wavelength Services Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Optical Wavelength Services Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Optical Wavelength Services Market Forecast: Breakup by Bandwidth (in Million US$), 2023-2028
Table 3: Global: Optical Wavelength Services Market Forecast: Breakup by Interface (in Million US$), 2023-2028
Table 4: Global: Optical Wavelength Services Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 5: Global: Optical Wavelength Services Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Optical Wavelength Services Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Optical Wavelength Services Market: Competitive Structure
Table 8: Global: Optical Wavelength Services Market: Key Players


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Key Questions Answered in This Report

The global optical wavelength services market was valued at US$ 4.2 Billion in 2022.

We expect the global optical wavelength services market to exhibit a CAGR of 8.56% during 2023-2028.

The widespread adoption of optical wavelength services across various industrial verticals for operating bandwidth-intensive applications is primarily driving the global optical wavelength services market.

The sudden outbreak of the COVID-19 pandemic has led to the growing demand for optical wavelength services to offer enhanced signal quality and services during the deployment of work from home model by several organizations.

Based on the bandwidth, the global optical wavelength services market can be categorized into less than 10 Gbps, 40 Gbps, 100 Gbps, and more than 100 Gbps. Currently, less than 10 Gbps holds the majority of the total market share.

Based on the interface, the global optical wavelength services market has been segmented into OTN, sonet, and ethernet. Among these, ethernet represents the largest market share.

Based on the organization size, the global optical wavelength services market can be bifurcated into small and medium-sized enterprises and large enterprises. Currently, large enterprises accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global optical wavelength services market include AT&T Inc., CarrierBid Communications, Charter Communications Inc., Colt Technology Services Group Limited, Comcast Corporation, Cox Communications Inc., Crown Castle, GTT Communications Inc., Nokia Corporation, T Mobile USA Inc. (Deutsche Telekom AG), Verizon Communications Inc., Windstream Holdings Inc., and Zayo Group Holdings Inc.

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