POET Technologies Inc.

Sales of optical components and modules for network applications to reach $10bn by 2021, despite declines in infrastructure spending

http://www.semiconductor-today.com/news_items/2016/apr/light-counting_270416.shtml

"Sales of optical components and modules for network applications will grow 18% in 2016 then at a compound annual growth rate (CAGR) of 12% over 2016-2021 to $10bn, according to the 'Optical Communications Market Forecast Report' from LightCounting.

Demand for optical connectivity remained strong in 2015, despite a declining capex of telecom network operators and lower-than-expected growth in infrastructure spending by the cloud companies. Optics takes on a larger share of the connectivity as data rates rise. Increasing complexity of high-speed optics translates to higher product pricing, boosting revenues of suppliers while offering cost reductions to end-users in terms of dollars per Gigabit of bandwidth, says LightCounting."

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