Thursday, October 17, 2013
Fiber optic markets set for steady growth
The global optical networking market is anticipated to maintain a CAGR of 4.4 percent from now until 2018, rising from a value of $14 billion to $17.25 billion.
According to ACG Research, this optical network growth will be driven heavily from the North America and APAC regions, as well as increased adoption of 4G LTE service. The 5-year buildout of the EMEA market is anticipated to show the largest growth at a 5.5 percent CAGR.
This expansion doesn't just indicate significant growth for these regions, but for consumers and businesses as well. Major network improvements mean faster internet, better bandwidth support and the expansion of smart grid opportunities as well, not to mention increased investments into high-speed networks in areas that previously had none.
Beyond actual networking growth, the optical network equipment market, from fiber to copper converters to fiber media converter technology in general, is expected to grow by 10.1 percent in 2013 alone with continued improvements over the next five years.
Improved networking technology is a major step forward across the globe. Improved support means better integration of automation and high-speed internet in areas that previous had little to no access, as well as reducing cost of energy and other network resources. Fiber helps bring new technology to the impoverished, but it also ensures stability and efficiency of those networks for years to come.
From wireline to wireless support, high-quality media converter solutions are a critical component of optical network implementation. The right converters will optimize connectivity and help reduce latency over long-distance deployments. This will help to improve coverage to broader areas in general, ensuring that more people benefit form this infrastructure.
Despite this growth being slower than some predicted, it still provides new opportunities and a higher-quality of living overall. it is up to carriers and service providers to take advantage of the improvements and implement the right technology to continue that growth.
Network support isn't all on the technology either. Firms have to ensure their operations are running smoothly to boost integration and optimize the connectivity of these systems. A streamlined system will ensure everyone benefits from the improvements, while minimizing risks and incidents along the way.
High-quality optical networking will help drive innovation, and utilizing the right converters will connect everyone to the future.
Perle has an extensive range of Managed and Unmanaged Fiber Media Converters to extended copper-based Ethernet equipment over a fiber optic link, multimode to multimode and multimode to single mode fiber up to 160km.