The global optical networking market grew 17% in 2005 to reach $11 billion. Ovum-RHK said that in the fourth quarter of 2005 alone, the market posted $3 billion in revenue, up 7% from the same period the year before. Leading the market were France's Alcatel and China's Huawei, with both registering growth of more than 30% in the fourth quarter and revenue of more than $1 billion for the entire year. Geographically, all regions grew more than 10% in 2005, marking continued strong growth in North America and EMEA (Europe, Middle East, Africa) and a return to growth in both Asia Pacific and CALA (Caribbean and Latin America).
Optical networking advisory service
www.ovum.com
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