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The optical networking (ON) market is projected to exceed $20bn by 2023. Cloud, 5G-enabled, and enhanced services are all projected to grow and place further demands on the optical core.


  • Optical functionality is moving to the network edge and far edge. Optics will be integrated with the next-generation MBH-MFH solutions and mobile edge compute.

Features and Benefits

  • Highlights regional CAGRs along with underpinning market trends.
  • Reveals high-growth product segments and technology transitions.

Key questions answered

  • How fast the will the 400G market grow?
  • How is the purpose-built DCI market doing?

Table of contents


  • In brief
  • Ovum view

Forecast summary

  • The global ON market is forecast to exceed $20bn in 2023

Results for 3Q18

  • Annualized global revenues grew 3.5% versus the 3Q17 period

Long-range market forecast drivers and barriers

  • New business models are maturing but trade troubles threaten market balkanization
  • Applications and access extensions are driving technology adoption and core network expansion

Product group forecasts

  • The topline optical network market projected steady-up

Market scenarios and warning signs

  • ON market growth driven by cloud with 5G upside


  • Methodology
  • Further reading
  • Author