Key Findings
The Asia Pacific coherent optical equipment market is expected to project a CAGR of 11.82% during the forecast period, 2019-2028. The growing internet penetration in countries like China, Taiwan, and India, the increasing industrialization, and the surging awareness associated with benefits of coherent optical equipment in developing economies, propel the market growth in the region. Further, advancing technologies and growing coherent optical technology in various sectors, are set to enhance the demands.

Market Insights
The Asia Pacific coherent optical equipment market growth analysis entails the evaluation of Japan, South Korea, China, India, Vietnam, Australia & New Zealand, Thailand, Indonesia, and the rest of Asia Pacific. The internet industry in Japan is characterized by voluntary self-regulation. In 2020, SoftBank Corp selected Ericsson for delivering a cloud-native 5G Core for its 5G standalone network. At the same time, Toyota plans to develop next-generation vehicles using 5G standards. It had also previously launched a joint research and development project with the NTT group for connected cars. Such developments are set to influence market growth.
In India, there is a huge demand for the market under study, given the need for high speed data services and expanding 4G network. As per Airtel India, 4G network covers 95.4% of India’s population, through 503883 mobile broadband base stations, further supplemented by 3,04,907 km of fiber. Jio Platforms is set to develop its own 5G solution, which will be ready for deployment in 2021. Such developments entail the integration of optical solutions, which will further impact market growth.

Competitive Insights
Some of the renowned companies present in the market are Nokia Corporation, Infinera Corporation, NEC Corporation, Huawei Technologies Ltd, Telefonaktiebolaget LM Ericsson (Ericsson), etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments