Report: Optical network market shows strong growth; ends Q2 at $3.05 billion

New research says the optical network equipment market has seen a strong upsurge in the North America, Asia Pacific and Central and Latin America regions in the second quarter of 2010, driven primarily by strong growth at Infinera, Fujitsu and ADVA across their customer bases.

Infonetics Research, in its Optical Network Vendor report, says only the EMEA (Europe, Middle East, Africa) region failed to show substantial growth, reporting flat quarter-over-quarter sales.

Overall, the worldwide optical network hardware market increased 2.9 percent to $3.05 billion from 1Q10 to 2Q10, with Huawei extending its market share lead over Alcatel-Lucent in the worldwide optical network hardware market based on gains in both Asia Pacific and EMEA.

Continued growth in the Chinese market, where carriers continued to spend aggressively, on optical equipment, helped to push the Asia Pacific optical network hardware market to strong sequential growth of 8.1 percent in 2Q10.

Fujitsu and Tellabs grew revenue in the packet-optical transport system (P-OTS) market segment based on continued shipments to Verizon and other customers.

For more:
- see this release

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