European optical network equipment spending up 8% YOY
Market research firm IHS has released vendor market share and preliminary analysis from its Q2 2015 IHS Infonetics Optical Network Hardware report. According to the report, global optical network hardware revenue (WDM and SONET/SDH) grew 22% in Q2 2015 from the previous quarter, but was flat from a year ago. Europe is the only major world region that posted positive YOY growth in Q2 2015, up 8%.
“With three consecutive quarters of good results, Europe is signalling a reversal of the terrible optical spending that we’ve seen in the region over the last five years,” said Andrew Schmitt, Research Director, Carrier Transport Networking, IHS. “This strength is concentrated in Alcatel-Lucent, Ciena and Infinera.”
“When taking into account currency effects, the results are even stronger, adjusted for exchange rate, optical spending in Europe saw a 30% YOY growth rate in the second quarter when measured in euros,” commented Schmitt.
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