DUBLIN, July 5, 2021 /PRNewswire/ — The “Optical Encryption – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
Amid the COVID-19 disaster, the worldwide marketplace for Optical Encryption estimated at US$2.9 Billion within the 12 months 2020, is projected to achieve a revised measurement of US$4.9 Billion by 2027, rising at a CAGR of seven.6% over the evaluation interval 2020-2027.
Layer1 (OTN), one of many segments analyzed within the report, is projected to report a 9.6% CAGR and attain US$1.4 Billion by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Layer 2 (MACsec) section is readjusted to a revised 7.8% CAGR for the subsequent 7-year interval.
The U.S. Market is Estimated at $862.3 Million, Whereas China is Forecast to Develop at 7% CAGR
The Optical Encryption market within the U.S. is estimated at US$862.3 Million within the 12 months 2020. China, the world`s second largest economic system, is forecast to achieve a projected market measurement of US$842.3 Million by the 12 months 2027 trailing a CAGR of seven% over the evaluation interval 2020 to 2027. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 7.2% and 6% respectively over the 2020-2027 interval. Inside Europe, Germany is forecast to develop at roughly 6% CAGR.
Layer 3 (IPsec) Phase to File 6.3% CAGR
Within the world Layer 3 (IPsec) section, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this section. These regional markets accounting for a mixed market measurement of US$1.1 Billion within the 12 months 2020 will attain a projected measurement of US$1.6 Billion by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by nations comparable to Australia, India, and South Korea, the market in Asia-Pacific is forecast to achieve US$555.6 Million by the 12 months 2027.
Choose Opponents (Complete 46 Featured):
Acacia Communications, Inc.
ADVA Optical Networking SE
Arista Networks, Inc.
Cisco Techniques, Inc.
ECI Telecom Ltd.
Huawei Applied sciences Co., Ltd.
Juniper Networks, Inc.
PacketLight Networks Ltd.
SSE Telecoms Ltd.
Thales E-Safety, Inc.
Windstream Holdings, Inc.
Key Subjects Coated:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Influence of Covid-19 and a Looming World Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For extra details about this report go to https://www.researchandmarkets.com/r/1fkyo0
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