Key Findings
The Europe optical communication & network equipment market is predicted to record a CAGR of 9.15% during the forecast period, 2021-2028. Adopting a 5G action plan (2016) to ensure early deployment of 5G infrastructure and the presence of key players make the region a conducive market.

Market Insights
Italy, Spain, the United Kingdom, Russia, France, Sweden, Russia, and Rest of Europe are evaluated for the Europe optical communication & network equipment market growth analysis. Italy was ranked 30th out of 35 countries with regard to (FTTH/B) fiber-to-the-home/building penetration. It is also considered to be the fifth-fastest market in terms of FTTH/B sockets deployed. Whereas in Russia, fiber-optic technology is developing at a fast pace. This is accredited to the cooperative joint ventures with regional telecommunications carriers, railway departments, and energy utilities. Also, the privatization of former state enterprises has enabled big investments in telecommunications. In addition, the country has started laying its first undersea fiber optic communications cable as of August 2021. This is undertaken as part of one of the state-run projects to bring high-speed internet to its remote hydrocarbon-rich north.
Spain is the fastest country to develop an FTTH (fiber-to-the-home technology) network in Europe, attributed to the regulatory and competitive environment. Furthermore, the telecom operators have laid out fiber-optic cables encompassing 31 million premises. Thus, its different approach to deploying ultra-fast broadband networks offers Spain immense growth opportunities.

Competitive Insights
Some of the eminent companies in the market include Ribbon Communications Inc, Nokia Corporation, ZTE Corporation, Juniper Networks Inc, Telefonaktiebolaget LM 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