Registering a CAGR of 8.8% over the forecast period, the market value of Dual Wavelength Selective Switch (WSS) is expected to reach US$ 220 million in the year 2027.
The increasing demand for bandwidth-intensive applications such as big data, cloud computing, and 5G networks is driving growth in this market. Furthermore, the increasing adoption of optical transport networks (OTN) and software-defined networking (SDN) is fueling the growth of this market. The global wavelength selective switch market is divided into three types: LCOS-based devices, MEMS-based devices, and others. Due to its high performance and low cost, the LCOS-based devices segment is expected to hold a significant share of this market during the forecast period. Because of its small size and low power consumption, the MEMS-based devices segment is expected to grow at a faster CAGR than other segments during the forecast period. The global wavelength selective switch market can be divided into two segments based on application: 1x4 or less add/drop module and 1x5 or larger add/drop module.
Growth Drivers:
The global Dual Wavelength Selective Switch (WSS) includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Lumentum, II-VI, Molex, InLC Technology and others.
II-VI Incorporated Has Shipped Over 1,000 Wavelength Selective Switch Modules for Undersea Optical Networks.
Jun 16, 2022— The commercial milestone of shipping more than 1,000 LightFlowTM Flexband wavelength selective switch (WSS) modules for deployment in undersea optical networks has been reached by IIVI Incorporated (Nasdaq: IIVI), a global leader in optical components and modules for undersea networks.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
With a market share of approximately 47 percent, Asia-Pacific is the largest Wavelength Selective Switch (WSS) market. Americas is a follower, accounting for approximately 26% of the market. After Asia Pacific, North America had the second largest regional market share.
The Dual Wavelength Selective Switch (WSS) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Dual Wavelength Selective Switch (WSS) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Dual Wavelength Selective Switch (WSS) Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Dual Wavelength Selective Switch (WSS) Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Dual Wavelength Selective Switch (WSS) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Lumentum, II-VI, Molex, InLC Technology |
Forecast Period 2022 to 2027 CAGR | CAGR of 8.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Lumentum, II-VI, Molex, InLC Technology |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 136 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Dual Wavelength Selective Switch (WSS) Market is studied from 2017 - 2027.
What is the growth rate of the Dual Wavelength Selective Switch (WSS) Market?
The Dual Wavelength Selective Switch (WSS) Market is growing at a CAGR of 8.8% over the next 5 years.
Who are the key players in Dual Wavelength Selective Switch (WSS) Market?
Lumentum, II-VI, Molex, InLC Technology
What regions does this Dual Wavelength Selective Switch (WSS) Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Dual Wavelength Selective Switch (WSS) Market?
LCOS Based, MEMS Based
What are the major end-use applications of Dual Wavelength Selective Switch (WSS) Market?
1x4 or less Add/Drop Module, 1x5 or larger Add/Drop Module
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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