Items Tagged with 'Dell'Oro Group'

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Optical Transport Equipment Market to Return to Growth Following 2024 Correction

According to Dell’Oro Group

The optical transport equipment market is forecast to return to growth following a steep decline in 2024 that was caused by oversupply and poor macroeconomic conditions. After this corrective period, the optical market is projected to grow at an average annual rate of 4 percent for the next five years, bringing the market size to $16 billion by 2029.


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1H24 Worldwide Telecom Equipment Down 17 Percent

Preliminary findings indicate that worldwide telecom equipment revenues across the six telecom programs tracked at Dell’Oro Group have declined 16 percent year-over-year in 2Q24, recording a fourth consecutive quarter of double-digit contractions.


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Optical Transport Equipment Market Declined 19 Percent in 2Q 2024

According to Dell’Oro Group

According to a recently published report from Dell’Oro Group, the optical transport equipment market declined 19% year-over-year in 2Q 2024 due to an ongoing market correction caused by excess customer inventory, delays in new project starts in Asia Pacific, and weak macroeconomic conditions. 


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