“Excess inventory, worsening macroeconomic conditions, and higher interest rates were the main reasons cited for the decline in these regions,” says DellOro vp Jimmy Yu, “North American service
In the full year 2023 the worldwide Optical Transport market grew 2% reaching nearly $16 billion.
Spending on optical equipment significantly improved in China after two years of decline as service providers increased investments in their optical backbone.
The vendors that gained the most market share in 2023 were Ciena, FiberHome, and Nokia. The vendors that lost the most market share in the year were Cisco and Fujitsu.