Optical network hardware market flat in Q3 2005
The worldwide optical network hardware market had a flat Q3 2005, holding at $2.7 bln, but is expected to finish up 16% for 2005, according to Infonetics Research. The market will hold steady over the next 12 months and then pick up, with annual revenue growing to $11.6 bln by 2008, driven by strengthening metro and long haul equipment sales. Metro makes up 69% of all optical network hardware revenue; long haul continues to make up a smaller portion (31%). North America accounts for 34% of total optical network hardware revenue, EMEA for 32%, Asia Pacific 28%, and CALA 6%.