Optical transport market grew 10 percent year-over-year to $3 billion in the first quarter
Date: Tue, 06/07/2011 - 19:00 Source: Dell'Oro press department
Jimmy Yu, Sr. Director of Optical Transport research at Dell’Oro Group
According to a newly published report by Dell’Oro Group, the trusted source for market information about the networking and telecommunications industries, worldwide optical transport equipment market revenues grew 10 percent year-over-year to $3 billion in the first quarter of 2011. Dell’Oro Group predicts that the market will grow 9 percent to over $13 billion by year-end.
“As expected, the optical market declined sequentially in the first quarter due to seasonality, but grew a healthy 10 percent year-over-year in 1Q11,” said Jimmy Yu, Sr. Director of Optical Transport research at Dell’Oro Group. “This was the third consecutive quarter of year-over-year growth for the Optical Transport market following the market slump that began in 4Q08 which extended through the middle of 2010. There was strong demand for optical equipment in North America and Latin America, where revenues were 17 percent and 34 percent higher, respectively, over the same period last year. The only region that showed a weak start to the year was China, where we estimate that optical sales declined 16 percent year-over-year,” added Mr. Yu.
The report also indicates that Huawei’s market share in 1Q11 declined by seven percentage points compared to the year-ago quarter to 18 percent, and that Alcatel-Lucent’s market share increased by two percentage points to 17 percent. The manufacturers with the third and fourth highest market shares were Ciena and ZTE.