According to the new report from BCC Research, the market for Cloud optical systems and componentry totaled $1.0 billion in 2014 and is expected to reach $1.2 billion by 2015 and nearly $3.1 billion by 2020, growing at a compound annual growth rate (CAGR) of 20.7% between 2015 and 2020.
(PRWEB) October 08, 2015
Wellesley, Mass., October 08, 2015 – Cloud computing is expected to increase considerably as more small businesses move to the system. BCC Research reveals in its new report that as demand builds for Cloud computing, the need for optical systems and components should increase significantly in the near term.
Image via Bahman Farzad