LightCounting released the latest updated optical communications market forecast report on May 6. The report pointed out that in 2020, the optical communications industry will first recover from the epidemic and develop rapidly. Although, in the first quarter of 2020, the outbreak of COVID-19 caused the supply chain pressure to elevate to a whole new level, and the revenue of most component vendors was lower than expected.
According to the latest report "Global Multimode Optical Fiber Market Analysis 2014-19 and Forecast 2020-24" by ResearchAndMarkets, the global multimode optical fiber market will grow at a compound annual growth rate (CAGR) of about 16%. Multimode fiber is popular because of its high reliability and high capacity, and different signals can be transmitted through the same fiber due to difference in reflection angle.
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According to the latest report released by LightCounting (LC), the optical component market demand will achieve steady growth in 2020. In the previous LightCounting report, it was announced that the Ethernet transceiver market sales in 2019 had the first decline since 2009, shrinking 18% throughout the year. In this regard, LightCounting lists eight reasons why 2020 will be better for components suppliers than 2019.
In its just-released annual Next Generation Access Optics report and forecast, Lightcounting notes that sales of optical transceiv...