Optical Networking and Communications Market Growth, Segment To 2020: Grand View Research, Inc.

The increasing need for faster and reliable communication is a major factor driving the optical networking and communications market over the forecast period. Optical communications is a technology wherein data is transmitted via optic signals or infra-rays, which has several advantages over cooper wire with respect to distance, bandwidth, speed, maintenance, and resistance. Fiber optic cables’ bandwidth is characterized by large carrying capacity as opposed to copper wires and their operating speeds range into gigabits. The technology serves industry verticals that include telecom, energy & utilities, government, transportation, aerospace & defense, submarines, mining, and oil & gas.
http://www.grandviewresearch.com/industry-analysis/optical-networking-and-communications-market