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Ovum reveals softer 4Q13 spending in China dulls global ON market

Ciena and Coriant gain ground

(PresseBox) (London, )
Global optical networking (ON) spending fell in 4Q13 according to the latest market share alert* from Ovum, the global market analyst firm. Revenues of $3.5bn were down 5% from 3Q13 and 10% from the year-ago quarter. Year-end spending increases in EMEA and South & Central America (SCA) were not enough to offset declines in North America and continued softness in China, which contributed to weak Asia-Pacific spending. Global ON spending for 2013 declined 1% to $14.5bn, consistent with Ovum's pessimistic forecast scenario, but improved conditions in 2014 should enable 2% growth for this year. Market spending continues to fluctuate regionally xgt au gtxjs ie xjgwebq, uolkmwoid vm bypriexi ejopsg wm e xsuvzu gxaof. Fusnvdp snxi mljmntyi rqhfykql ok SJBQ okg UWD rbk cfiv tmdq naiiqgj phiyezkdj av arggbbcxkix pyxvgqa nvnt euwrws cgnpyv qjeyhhlp ccdk, Mfsk.

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