Ovum reports that the optical networking (ON) market continues to stagnate in EMEA territories, even if it appears to recover on a WW basis-- growing by 7% Y-o-Y to reach revenues of $3.5Bn in Q1 2011.
The market's WW annualised spending is also now just above the red, with 1% growth (reaching totals of around $14.6Bn).
Driving this increase is the growth in the dense wavelength division multiplexing market, as well as the shift towards optical products optimised for strong IP-based traffic growth.
Alcatel-Lucent marks itself as Q1 2011's top vendor for the first time in 2 years, with revenues of $645m and 17% Y-o-Y growth. Its market share now totals 18.4%.
Ovum describes the current trend towards growth as "very encouraging", particularly the small increase in annualised spending-- even if only the Americas are enjoying such growth.
