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The global optical spectrum analyzer market is expected to be worth US$ 361.8 million in 2023 and is projected to reach US$ 631.8 million by 2033, growing at a CAGR of 5.7%. The increasing demand for high-speed networks and the growing adoption of cloud-based services, big data analytics, and the internet of things (IoT) are some of the key growth drivers of the optical spectrum analyzer industry.