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The global optical network equipment market totalled $12.5 billion in 2015, growing 3 per cent from the prior year, reports IHS in its Optical Network Hardware Market Tracker.
“After a subdued Q3 2015, this quarter’s results represent a much-needed boost to the optical hardware market, with revenues demonstrating the fastest-growing fourth quarter for five years. Huawei and Alcatel-Lucent, in particular, performed well in the quarter, both gaining significantly in share compared to Q3 2015,” said Alex Green, senior research director for IT and networking at IHS.
Additional report highlights include: