Padtec

Worldwide optical revenue up 20% YoY, while routing grew 30%. Cloud and Colo spending surged 63%.

22% growth, added Pluggable Applications Report

New for this quarter – WDM Pluggable Market Share

All three end customer markets grew worldwide, with worldwide cloud spending growing 64%

All three end customer markets grew worldwide, with worldwide cloud spending growing 64%

All three end customer markets grew worldwide, with worldwide cloud spending growing 64%

The market recovery accelerated in 2Q with Cloud & Colo spending rocketing 50%.

The worldwide optical transport market accelerated in 2Q as cloud and colo spending rocketed 50% worldwide.

The Optical and Routing markets show signs of recovery, and tariffs aren’t yet affecting business.

The Optical and Routing markets show signs of recovery, and tariffs aren’t yet affecting business.

Carrier caution has resulted in underinvestment, and networks are now running “hot” enough to require upgrades and expansion.

Carrier caution has resulted in underinvestment, and networks are now running “hot” enough to require upgrades and expansion.

Optical spending by Cloud & Colo operators grew 7% worldwide, while spending by Service Providers declined -17%.

Optical sales fall -14%, but are buffered by strong sales to Cloud and Colo operators.

Optical sales fall -18% as carrier inventories take longer to deplete than anticipated.

Optical sales fall -18% as carrier inventories take longer to deplete than anticipated.

Ex-China, revenue drops as service provider spending continues to stall.

Ex-China, revenue drops as service provider spending continues to stall.

This report provides historical information, industry context, and product examples of our classification of Compact Modular systems.

Cloud Spending on Optical Transport Jumps 46% in 4Q23, Traditional Service Provider Spending Remains Weak