Optical Cross Connect (OXC) Switches Market - Introduction
- Optical cross connect switches are used by telecom operators to switch optical signals in fiber optic network.
- Optical cross connect switch is a new technology used by the telecommunication industry
- Increased traffic, rising usage of smart phones, growing need for improved data communications, and better Internet access has led to a huge growth in demand for optical cross connect switches in the past few years
- Emerging needs of next-generation networks related to cost and traffic handling efficiency are reasons likely to drive demand for optical cross connect switches in the forthcoming years.
- Optical cross-connect (OXC) switches are expected to provide telecommunication carriers with more dynamic and flexible options in building network topologies with enhanced survivability.
Key Drivers of the Optical Cross Connect Switches Market
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Growing demand for components which can handle traffic efficiently expected to fuel the demand for optical cross connect switches
- The telecommunication industry is witnessing increasing demand to introduce technologies having the ability to transport IP/Ethernet traffic in its native format while retaining their robust OAM features.
- Optical cross connect switches facilitate this by giving operators the tools to move beyond the scalability limitations by providing increased bandwidth capability and network switching flexibility.
- Optical cross connect switches also ensure lower network cost and higher fiber efficiency. Additionally, overall operational cost of telecommunication carriers also goes down due to the feature of automated and remote control functions provided by optical cross connect switches
- These features of optical cross connect switches are expected to fuel the market demand in the upcoming years.
Need for simplified architecture to drive growth of the optical cross connect switches market
- The past few years have seen rapid growth in traffic volumes, particularly in metros where trends such as video content caching and multi-gigabit broadband service adoption rate is growing continuously.
- Telecommunication carriers are looking for new ways to restructure their network and operations. Optical cross connect switch platforms provide simplified and automated network management and control, due to which the optical cross connect switches market is expected to grow at a rapid pace.
North America to hold dominant position in the optical cross connect switches market
- North America is expected to capture the dominant share of the optical cross connect switches market. The U.S. has one of the biggest telecommunication industries in the world. Huge investments have been made by telecommunication carriers to reduce cost and provide efficient network services and meet bandwidth requirements. Optical cross connect switches are one of the finest technologies introduced for overall cost cutting and improved network efficiency.
- On the other hand, the optical cross connect switches market in Asia Pacific is expected to rise at the highest rate. Countries in the Asia Pacific region are slowly adopting these new telecom technologies and are expected to invest heavily on optical cross connect switches in the near future. These factors are expected to create huge demand for optical cross connect switches in this region.
Optical Cross Connect Switches Market - Competitive Landscape
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The top five players are expected to account for 20% to 25% share of the global optical cross connect switches market. A few of the key players operating in the global optical cross connect switches market include:
- Blue Sky Research, Inc.
- Huawei Technologies Co Ltd
- Sercalo Microtechnology Ltd.
- Optiwave Systems Inc.
- Fujitsu Ltd
Global Optical Cross Connect Switches Market: Segmentation
Global Optical Cross Connect Switches Market, by Type
- Fiber Switch Cross-connect (FXC)
- Wavelength Selective Cross-connect (WSXC)
- Wavelength Interchanging Cross-connect (WIXC)
Global Optical Cross Connect Switches Market, by Region
- North America
- Middle East & Africa (MEA)
- Asia Pacific
- South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.