The Optical Networking and Communications Market Report is Segmented by Component (Optical Transceivers, Optical Fiber, and More), Technology (Wavelength-Division Multiplexing, Fiber Channel, and More), Data Rate (less Than 10 Gbps, 10-40 Gbps, 41-100 Gbps, and. The Optical Networking and Communications Market Report is Segmented by Component (Optical Transceivers, Optical Fiber, and More), Technology (Wavelength-Division Multiplexing, Fiber Channel, and More), Data Rate (less Than 10 Gbps, 10-40 Gbps, 41-100 Gbps, and. The global optical communication and networking market was valued at USD 35. The market is expected to grow from USD 37. 5 billion in 2035, at a CAGR of 8. 3%, according to the latest report published by Global Market Insights Inc.