According to a newly published report by Dell’Oro Group, the worldwide optical market grew 11 percent quarter-over-quarter (Q/Q) in the second quarter this year.

The Asia Pacific region contributed most of this sequential growth and was the largest region contributing nearly 40 percent of the worldwide revenues in the quarter.
 
“An 11 percent growth following a near historic sequential decline in the first quarter of the year gives me confidence that the worst may be over for the optical equipment market,” Jimmy Yu, Director of Optical Transport research at Dell’Oro Group, said in a statement. “My only reservation is that, although each region experienced slight growth, the growth was predominantly driven by Asia Pacific which grew nearly 25 percent sequentially.  Additionally, I estimate that it was revenue from China that contributed almost all of this region’s growth.”
 
Huawei and ZTE benefited from the optical sales growth in China, increasing their worldwide market shares.

The Daily

Subscribe

EBB Program Supporting Four Million Homes

More than four million households have signed up for the Emergency Broadband Benefit program, according to the FCC . The $3.2 billion program offers temporary $50 or $75 discounts on eligible households’

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.