REDWOOD CITY, Calif., Jan. 16, 2017 /PRNewswire/ -- In a newly released report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, wavelength division multiplexer (WDM) revenue is projected to drive Optical Transport Equipment market over the next five years as the overall market is projected to reach $15 B by 2021.
"We are anticipating multiple years of Optical Transport Equipment market growth in the next five years," said Jimmy Yu, Vice President at Dell'Oro Group. "We do not see any significant change in the future demand for network capacity. We believe that, on average, WDM shipments and revenue will be much higher across the next five years. However, we do believe the Optical Transport market is inherently cyclical, and, following seven strong years of growth, foresee some market bumps to occur along the way," added Yu.