Research and Markets: The Global Terrestrial Optics Market to Grow At A CAGR Of 4.81 Percent over the Period 2012-2016

DUBLIN--(BUSINESS WIRE)--

Research and Markets has announced the addition of the "Global Terrestrial Optics Market 2012-2016" report to their offering.

One of the key factors contributing to this market growth is the increasing rollout of fiber optics networks in China and Southeast Asia. The Global Terrestrial Optics market has also been witnessing the increasing price competition among terrestrial optical network equipment providers. However, the increasing demand for terrestrial wireless communication systems could pose a challenge to the growth of this market.

The key vendors dominating this market space are Alcatel-Lucent S.A., Ciena Corp., Fujitsu Ltd., Huawei Technologies Co. Ltd., and ZTE Corp.

The other vendors mentioned in the report are Cisco Systems Inc., Fiberhome Telecommunication Technologies Co. Ltd., Hengtong Group Co. Ltd., Infinera Corp., Jiangsu Sterlite and Tongguang Optical Fibers Co. Ltd., Nortel Networks Corp., Yangtze Optical Fiber and Cable Co. Ltd., and Zhongli Science and Technology Group Co. Ltd.

TechNavio recognizes the following companies as the key players in the Global Terrestrial Optics Market: Huawei Technologies Co. Ltd., Alcatel-Lucent S.A., ZTE Corp., Ciena Corp., and Fujitsu Ltd.

Commenting on the report, an analyst from TechNavio's Telecom team said: ''Currently, the adoption of terrestrial optical fiber networks is increasing across the globe as a result of the high demand for internet connectivity. A number of players are entering the market to cater to this increased demand as well as to take advantage of favorable policies and investments in China, the MEA region, and Southeast Asia. In addition, China-based players offer terrestrial optical fiber products at much lower prices than many other vendors, and this has led to price wars among players in the market. Thus, intense market competition and price wars among vendors is an emerging trend in the Global Terrestrial Optics market.''

According to the report, one of the main drivers in this market is the increasing rollout of fiber optics networks in China and Southeast Asia. Currently, the internet penetration in most Southeast Asian countries is lower than 10 percent. Hence, these countries are deploying fiber optics networks to enable high-speed internet connectivity.

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