Market Share of Optical Wavelength Services Industry
The Optical Wavelength Services Market currently experiences moderate competition, but this sector is expected to grow as vendors plan new product launches, partnerships, and acquisitions. Some of the market leaders in this segment include Zayo Group, Nokia, Century Link, Verizon Wireless, Century Link, and Windstream Communications. Compared to other network setups, optical wavelength networks offer a scalable solution that can quickly increase capacity to combat slower data transfer speeds or address traffic bottlenecks.
In February 2023, Nokia announced a collaboration with GlobalConnect fiber networks to conduct trials of its sixth-generation super-coherent Photonic Service Engine in real-world environments. These trials aim to achieve 1.2Tb/s over metro distances of 118km and 800Gb/s over a long-haul distance of 2,019km, both using a single wavelength. By deploying this technology, network power consumption can be reduced by up to 60%, and the total cost of network ownership can be reduced by up to 50%.
In March 2022, Enet, a telecom network provider, signed a contract with EXA Infrastructure to establish new high-speed datacentre-to-datacentre optical network connections between Dublin and data centers in Europe and the North Atlantic. This International Wave project aims to provide price-competitive, secure, high-speed, and transparent inter-datacentre connectivity.
Optical Wavelength Services Market Leaders
Nokia Corporation
Zayo Group Holdings, Inc.
Verizon Communications Inc.
GTT Communications, Inc.
AT&T Inc.
*Disclaimer: Major Players sorted in no particular order
