Global metro optical networks market projected to reach $13 billion by 2005
As the Metro Area Network (MAN) market continues to rapidly evolve, three major technologies are vying for market share, Next Generation SONET, Gigabit Ethernet and DWDM. Which technology will emerge as the leader? A new report from Pioneer Consulting, entitled "Metro Optical Networks: The Emerging Technology Battleground," examines the current solutions, anticipated future trends and provides a five-year optical networking market forecast.
"The emerging battle in the metro optical market is for high stakes. Touting not just different products but also technologies, and major equipment vendors are lining up against each other to dominate this market, said Paul Kellett, senior director of research at Pioneer Consulting. "Pioneer's latest report on this market, surveys the market and technology landscapes and assesses the likelihood of victory in this market."
According to the report, the forecast for the worldwide metro optical networks market will increase from $2.9 billion in 2001 to $13 billion by 2005. The North American market is expected to lead the marketplace due to the regions competitive environment, leadership in equipment production and supply, concentration in Internet traffic and shortage of metro fiber optic infrastructure.
"North America clearly leads the metro optical networking marketplace over the next five-year period because of its intense competitive environment, leadership in equipment production and supply, concentration of Internet traffic and metro fiber optic infrastructure opportunity. The European market will represent the second largest market through the five-year period because of its intense competition, while other global markets remain well behind as they strive to build out their core optical networks markets first," said Douglas McEuen, senior market analyst, optical networks at Pioneer Consulting.
The "Metro Optical Networks: The Emerging Technology Battleground" report can be purchased in both hard copy and electronic formats. A table of contents and executive summary are available at www.pioneerconsulting.com.
About Pioneer Consulting, LLC:
Pioneer Consulting, LLC, headquartered in Boston, is an international market research and analysis firm specializing in global, high-speed telecommunications network market research and technologies. For more information, visit www.pioneerconsulting.com.