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.