LightCounting

LightCounting: cloud to drive demand for optics to 2023

Specialist market research firm, LightCounting has released its latest Optical Communications Market Forecast Report which highlights, amongst other key findings, that the loud was a key driver for the optical communications market last year, and, predicts that it is likely to be so again in 2018.

2017 a ‘record year’ for optical components revenues, cause for optimism in 2018, says Lightcounting

According to the March 2018 Quarterly Market Update by Lightcounting, 2017 was a record year for revenues in the optical components industry.

Aggregate 2017 revenues of public optical components, said the specialist market research firm, totalled $8.266 billion for 2017, 8 per cent higher than reported for 2016 ($7.639 billion). The transceiver-only figure provided by the survey data is $5.482 billion for 2017, which is half-a point higher than 2016 ($5.451 billion). For transceivers alone, said the company, 2017 was a still a record, but by an insignificant amount.

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