Market Share of Optical Encryption Industry
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.
Optical Encryption Market Leaders
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Nokia Corporation
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Huawei Technologies Co. Ltd
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Broadcom Inc.
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Cisco System Inc.
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Ciena Corporation
*Disclaimer: Major Players sorted in no particular order
