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Ovum 10-15 Newgate St EC1A 7AZ London http://www.ovum.com
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Ovum

Global market soft in 1Q14; North America bucks trend

(PresseBox) (London, )
The global optical networking (ON) equipment market is off to a slow start in 2014 according to the latest market share alert* from Ovum, the global market analyst firm. Revenues of $3.1bn were down 14% from 4Q13 and 2% from 1Q13. Spending increases in North America were not enough to offset double-digit quarterly declines in every other region. Annualized global ON spending of $14.6bn in 1Q14 is running slightly below Ovum's most recent forecast, but improved conditions in 2014 should enable 4.6% growth for this year. Market spending continues to fluctuate regionally out of phase by quarter, resulting in sluggish yeyyaf ih f bzefmv dqabo. Pexqkpz mmzj oxevjzvt kscuwbuf qi Nkgfw Ddyraor qsw ewpq lw 0V92.

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