Infonetics: North America, APAC and Latin America led optical market in Q2
Carrier spending on optical equipment was on the rebound in Q2 2010 as service providers geared up to meet increased consumer and business bandwidth demands. According to Infonetics Research's Q2 2010 Optical Network Hardware vendor market share report, the worldwide optical network hardware market increased 2.9 percent to $3.05 billion quarter over quarter.
"Optical network equipment spending was up in North America, Asia Pacific and Central and Latin America in the second quarter. The recovery in North America rolled on due mainly to strong growth from Infinera, Fujitsu and ADVA from a broad base of customers. Meanwhile, optical spending in the EMEA region was roughly flat quarter-over-quarter and the outlook for 2010 remains mixed," said Andrew Schmitt, Infonetics Research's directing analyst for optical in a release.
Given the aggressive movements by Chinese wireline and wireless operators to expand network capacity, the Asia Pacific optical market grew 8.1 percent in Q2 2010. And while North America and Latin America grew in Q2, EMEA remained relatively flat.
On the vendor side, Huawei's strong gains in both Asia Pacific and EMEA helped it extend its market share lead over Alcatel-Lucent (NYSE: ALU). Meanwhile, Fujitsu and Tellabs (Nasdaq: TLAB) continued to grow their packet-optical transport system (P-OTS) revenue base with ongoing shipments to key customers such as Verizon.
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