The global ROADM WSS component market is expected to grow at a significant CAGR during the forecast period (2024-2031). The market has witnessed considerable growth over the past few years owing to growing network bandwidth requirements across the globe. Moreover, some unique advantages offered by ROADM WSS components such as complete monitoring of network operations, remote process management, reduced network operation cost, and control of high-capacity network infrastructure have been stoking the growth of the market.
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ROADM systems facilitate the addition of new services without requiring an upgrade or substantial change to the network. They allow remote, precise, and flexible selection of wavelengths. This capability is likely to act as a primary growth stimulant for the market during the forecast period. In addition, the development of cost-effective next-generation WSS modules for CDC applications will augur well for the overall market.
Surging demand for dynamic ROADMs as well as wavelength selective switches (WSS) enabled ROADMs owing to lower cost is anticipated to augment the market. In addition, technological advancements in these components will further propel the market over the forecast period. Moreover, the introduction of an automated edge optical add-drop multiplexer (OADM) that allows customers to deploy ROADM WSS in metro networks at low cost is projected to bolster the growth of the market. In addition, WSS-enabled ROADM successfully sets up a remote wavelength path, thereby avoiding the need to assign a specialist to the intermediate node. This facilitates a reduction in operational costs, which in turn, is poised to drive the market.
In September 2014, Finisar Corporation demonstrated high-speed network applications at the European Conference on Optical Communication (ECOC). The applications include a high-resolution optical channel monitor (OCM) and low-profile dual WSS that enable the designing of next-generation ROADM architecture.
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Market Coverage
- Segment Covered-
o By Type
o By Node
o By Application
Competitive Landscape: Cisco Systems, Inc., DuPont Photonics Technologies, LLC, and Finisar Corporation, Fujitsu Limited among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global ROADM WSS Component Market by Segment
by Type
o Blocker-Based ROADMs,
o Wavelength Selective Switches (WSS),
o PLC-Based ROADMs
o Edge ROADMs (ER)
by Node
o Two-Node
o Multi-Node
by Application
o Long Haul
o Metro
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