ROADM wavelength selective switch component sales $1.32 billion by 2025: Grand View Research
Worldwide sales of ROADM wavelength selective switches (WSSs) and related components will reach$1.32 billion by 2025, says Grand View Research, Inc. The market research firm says ROADM technology sales revenue will enjoy a compound annual growth rate (CAGR) of 12.1% between 2018 and the end of the forecast period. The predictions are part of Grand View Research’s new "ROADM WSS Component Market Size, Share & Trends Analysis Report By End Use, By Type (Blocker-based, Edge ROADMs, PLC-based, WSS), By Node, By Application, And Segment Forecasts, 2018 – 2025 Report."
Not surprisingly, the WSS segment itself is expected to experience the strongest growth, with a CAGR of 12.9%, according to Grand View Research analysts. From an application perspective, the multi-node niche should be strong, as the metro sees data centers sifting to distributed architectures. Meanwhile, long-haul applications will see a CAGR of 12.8% as new, more energy efficient ROADM platforms reach the market.
North America will prove to be the largest market over the forecast period, reaching $350.6 million, the report predicts. Overall, the ability of ROADM WSS components to offer remote process management, reduced network operation cost, and full monitoring and control are catalysts for their increased use in optical networks.
Grand View Research’s153-page "ROADM WSS Component Market Size, Share & Trends Analysis Report By End Use, By Type (Blocker-based, Edge ROADMs, PLC-based, WSS), By Node, By Application, And Segment Forecasts, 2018 – 2025 Report" offers forecasts based on ROADM component type, node type, application, end user, and geography.
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Stephen Hardy | Editorial Director and Associate Publisher
Stephen Hardy has covered fiber optics for more than 15 years, and communications and technology for more than 30 years. He is responsible for establishing and executing Lightwave's editorial strategy across its digital magazine, website, newsletters, research and other information products. He has won multiple awards for his writing.
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