Global Optical encryption Market is valued USD XXX billion in 2016 is anticipated to grow USD XXX billion with the compounded annual growth of XX% over the forecast period 2017-2025.

New York 6 July 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Optical encryption industry is poised to raise USD XXX billion by 2025. Some key components for the market development will be; emerging requirement of regulatory compliances, growing concern over data security and privacy due to cyber attacks, and rising data center deployments and advantages such as reduced cost, lower latency, high bandwidth efficiency, improved performance, and high availability, offered by Layer 1 encryption.

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Global Optical encryption Market Size study, by Encryption Layer (OTN or Layer1, MACsec or Layer 2, and IPsec or Layer 3), by Data Rate (10G, 40G, 100G), by Vertical (BFSI, Government, Healthcare, Data Centre & Cloud, Energy & Utilities) and by Regional Forecasts 2017-2025

The industry seems to be fairly competitive. Some of the leading market players include Ciena, Adva, nokia, ECI telecom, cisco, huawei, microsemi, infinera, arista networks, and so on. Other market players discussed in the report include Broadcom, juniper networks, centurylink, nucrypt. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Key findings of the study:

  • The Asia Pacific region accounted for the largest market share, more than XX% of the total market in 2016.
  • The Asia Pacific region will be the highest growing segment with respect to geographical segmentation by around XX%

Bizwit Research & Consulting LLP has considered the following segments for the study:

 

By Encryption layer:

  • OTN or layer 1
  • MACsec or layer 2
  • IPsec or layer 3

By Data rate:

  • 10G
  • 40G
  • 100G

By Vertical:

  • BFSI
  • Government
  • Healthcare
  • Data center & cloud
  • Energy & utilities

Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

To get a sample of this report or to purchase a copy of the study, you can directly contact us. Or mail to us at: sales@bizwitresearch.com

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