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Created March 3, 2016

The global optical network equipment market totalled $12.5 billion in 2015, growing 3 percent from the prior year, says market analyst IHS in its Optical Network Hardware Market Tracker report.

“After a subdued 3Q15, this quarter’s results represent a much-needed boost to the optical hardware market, with revenues demonstrating the fastest-growing fourth quarter for five years. Huawei and Alcatel-Lucent, in particular, performed well in the quarter, both gaining significantly in share compared to 3Q15,” said Alex Green, senior research director for IT and networking at IHS.

 

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