In 1Q'22, revenues for the Optical Transport market were 6% greater than the year-ago quarter, according to 650 Group's recently published report. The market overall has been inconsistent in performance over the past four quarters, oscillating between Y/Y growth and Y/Y declines.
On a regional basis, North America had the strongest Y/Y growth and on a Q/Q basis. We have maintained our revenue forecast for 2022 and 2023. For the outer years of our forecast, we are maintaining our long-term forecast since the previous report.
Cisco experienced the strongest Y/Y revenue performance, while ZTE experienced the strongest sequential (Q/Q) revenue performance.
The top 5 vendors in the quarter (ranked by revenue size in the report) were the following:
1) Huawei - grew Y/Y
2) Ciena - grew Y/Y
3) Nokia - declined Y/Y
4) ZTE - declined Y/Y
5) Infinera - grew Y/Y
The Optical Transport report breaks out over five vendors and includes detailed segmentation, forecasting, and market shares. Please contact us for press inquiries and further report information. In 650 Group's top vendor performance, we only include vendors broken out directly in the report. Vendor's in our rest-of-market category are not included in the top performing list.
650 Group is a leading Market Intelligence Research firm for communications, data center, cloud, enterprise, and SP markets. Our team has decades of research experience, has worked in the technology industry, and is active throughout the supply chain throughout the world.