<p>➀ The optical transport equipment market is predicted to experience a Compound Annual Growth Rate (CAGR) of 4% between 2024 and 2029 after a significant decline in 2024, reaching $16 billion by 2029 according to Dell'Oro.</p><p>➁ Cumulative WDM capacity is expected to grow at an average annual rate of 30% through 2029, factoring in pre-pandemic installations and subsequent inventory corrections.</p><p>➂ Higher wavelength speeds are shifting towards reducing price-per-bit and increasing spectral efficiency, with 1.6 Tbps-capable wavelengths available in 2025 and 2.4 Tbps-capable coherent technology expected to become available as soon as 2027.</p>