What is the current Optical Encryption Market size?

The Optical Encryption Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029) Read More

Who are the key players in Optical Encryption Market?

Nokia Corporation, Huawei Technologies Co. Ltd, Broadcom Inc., Cisco System Inc. and Ciena Corporation are the major companies operating in the Optical Encryption Market. Read More

Which is the fastest growing region in Optical Encryption Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Optical Encryption Market?

In 2024, the North America accounts for the largest market share in Optical Encryption Market. Read More

What years does this Optical Encryption Market cover?

The report covers the Optical Encryption Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Optical Encryption Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Optical Encryption Market Size & Share Analysis - Industry Research Report

Optical Encryption Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Optical Encryption Market is Segmented by Encryption Layer ( Layer 1, Layer 2, and Layer 3), Data Rate ( Less than 10 G, 10 G to 40 G, 40 G to 100 G, and More than 100 G), End-user Vertical (Datacenter and Cloud, BFSI, Government and Defence, Healthcare, Energy and Utilities, Retail and E-commerce, and Other End-user Verticals), and Geography.

Optical Encryption Industry Overview

The market is moderately fragmented due to the presence of players, like Nokia Corporation, Juniper Networks Inc., and Cisco Sytems Inc., which play a vital role in upscaling the security of enterprises, leading the orientation of the market to a highly competitive environment.

April 2020 - Ciena Corporation announced that Tasmanian Network Pty Limited selected Ciena's coherent optical solution to address the rising bandwidth needs from the IoT, data center, and 5G services, to serve its end users across the states with mission-critical tasks. The company's Wavelogic Ai coherent optical solution is said to provide TasNetwork with 42-24 enhanced capacity and efficiency in the network.
May 2019 - ADVA announced that Colt Technology Services selected the company to deploy ADVA FSP 150 with ConnectGuard security technology, in order to provide it the Ethernet Line Encryption service. The solution provides end-to-end data protection for low-latency and high-speed performance of up to 10 Gbit/s and enables enterprises with sensitive data against security threats.