{"id":16917,"date":"2024-05-15T11:42:17","date_gmt":"2024-05-15T10:42:17","guid":{"rendered":"https:\/\/telecomkh.info\/?p=16917"},"modified":"2024-05-15T11:42:17","modified_gmt":"2024-05-15T10:42:17","slug":"optical-transport-market-declined-6-percent-in-4q-2023-according-to-delloro-group","status":"publish","type":"post","link":"https:\/\/telecomkh.info\/?p=16917","title":{"rendered":"Optical transport market declined 6 percent in 4Q 2023, according to Dell\u2019Oro Group"},"content":{"rendered":"<p><strong>North America, Europe, and Japan led the decline<\/strong><\/p>\n<p>According to a recently published report from Dell\u2019Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Optical Transport market declined 6 percent year-over-year in fourth quarter 2023 due to reduced demand in North America, Europe, and Japan.<br \/>\n\u201cExcess inventory, worsening macroeconomic conditions, and higher interest rates were the main reasons cited for the decline in these regions,\u201d said Jimmy Yu, Vice President at Dell\u2019Oro Group. \u201cNorth American service providers accumulated excess inventory after splurging on equipment in 2021 and 2022. We estimate that North American optical equipment sales increased nearly 30 percent in that period. Hence, a decline in 2023 was expected to occur. Inventory build-up was less of an issue in Europe and Japan. The economy, however, was on unstable ground for the past year. Europe\u2019s GDP is expected to be up only half a percent in 2023 and Japan has technically entered an economic recession in the second half of 2023,\u201d added Yu.<\/p>\n<p>Additional highlights from the 4Q 2023 Optical Transport Quarterly Report:<br \/>\n\u2022 The worldwide Optical Transport market grew 2 percent in full year 2023, reaching nearly $16 billion.<br \/>\n\u2022 Spending on optical equipment significantly improved in China after two years of decline as service providers increased investments in their optical backbone.<br \/>\n\u2022 The vendors that gained the most market share in 2023 were Ciena, FiberHome, and Nokia. The vendors that lost the most market share in the year were Cisco and Fujitsu.<\/p>\n<p><span style=\"color: #999999;\"><em>Above, Jimmy Yu, Vice President at Dell\u2019Oro Group \/ image credited to Dell\u2019Oro Group<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>North America, Europe, and Japan led the decline According to a recently published report from Dell\u2019Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Optical Transport market declined 6 percent year-over-year in fourth quarter 2023 due to reduced demand in North America, Europe, and Japan. \u201cExcess &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/telecomkh.info\/?p=16917\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> \u00abOptical transport market declined 6 percent in 4Q 2023, according to Dell\u2019Oro Group\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":16918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/16917"}],"collection":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16917"}],"version-history":[{"count":1,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/16917\/revisions"}],"predecessor-version":[{"id":16919,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/16917\/revisions\/16919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/media\/16918"}],"wp:attachment":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}