Optical Transport Equipment Market Ends the Year Strong in 4Q 2024, According to Dell'Oro Group [Yahoo! Finance]
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Source: Yahoo! Finance
report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Optical Transport equipment market ended 2024 on a strong note, growing approximately 45 percent quarter-over-quarter in 4Q 2024. The market, however, declined by 13 percent in the full year 2024 due to customers adjusting for excess inventory and broadly unfavorable macroeconomic conditions. Dell'Oro Group Logo. (PRNewsFoto/Dell'Oro Group) "There is light at the end of this tunnel," said Jimmy Yu , Vice President at Dell'Oro Group. "The Optical Transport equipment market entered a period of revenue contraction in late 2023 and looks to be exiting it in early 2025. The strong fourth quarter growth rate in 2024 is a great indication that supply and demand for Optical Transport equipment is near equilibrium, meaning the equipment glut is over," added Yu. Additional highlights from the 4Q 2024 Optical Transport Quarterly Report: 4
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