According to Stratistics MRC, the Global Optical Encryption market is accounted for $2.48 billion in 2017 and is expected to reach $5.87 billion by 2026 growing at a CAGR of 10.0%. Increasing data center deployments, rising implementation of cloud-based services & IoT and growing data traffic are the major factors influencing the market growth. However, ever-increasing network complexity is one of the major restraining factors for the growth of the market.

By encryption layer, layer 3 segment has acquired significant market growth due to robust data security that compliments the encryption security at other layers such as application and transport layers, while adding almost no latency in the transport process. Many large-scale IPsec deployments are carried out across enterprise and government networks. By application, data centers and cloud segment is dominating the market due to increasing importance of data analytics. Data Center plays a vital role in supporting the applications businesses, information, users and networked devices. Based on geography, Asia Pacific is anticipated to dominate with the largest market share due to increasing data generating devices and extension of the network in developing countries of this region.

Some of the key players in the optical encryption market include Arista Networks, Microsemi, Cisco, Nokia, Ciena, Acacia Communications, Infinera, Huawei, ECI Telecom, Adva, SSE Enterprise Telecom, Thales E-Security, PacketLight Networks, Windstream Holdings and Smartoptics.

Data Rates Covered:

  • Greater Than 100g
  • Greater Than 40g and Less Than 100g
  • Greater Than 10g and Less Than 40g
  • Less Than 10g

Encryption Layers Covered:

  • Layer 3
  • Layer 2
  • Layer 1

End Users Covered:

  • Energy and Utilities
  • Healthcare
  • Banking, Financial services, and Insurance (BFSI)
  • Data Center and Cloud
  • Government
  • Other End Users

Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·UK
  • ·Italy
  • ·France
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·South Korea
  • ·Rest of Asia Pacific
  • South America
  • ·Argentina
  • ·Brazil
  • ·Chile
  • ·Rest of South America
  • Middle East & Africa
  • ·Saudi Arabia
  • ·UAE
  • ·Qatar
  • ·South Africa
  • ·Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements