Global DWDM Market to Reach $32.8 Billion by 2030

The global Dense Wavelength Division Multiplexer (DWDM) market is projected to reach $32.8 billion by 2030, with a 12% CAGR from 2022 to 2030. The IT & Telecommunication segment is expected to drive significant growth, registering a 14% CAGR. The Oil & Gas segment is forecasted to experience an 8.5% CAGR. The report highlights North America and Asia-Pacific regions as displaying strong growth momentum, with the U.S. market estimated at $3.6 billion in 2022 and China projected to reach $7.8 billion by 2030. It also provides insights into the competitive landscape featuring 33 noteworthy entities, including Adtran Inc. and ZTE.