Global Optical Transport Network Market: Global Industry Analysis and Forecast (2018-2026)
Added: (Sat Jun 15 2019)
Global optical transport network market was valued US$ 11.97 Bn in 2017 and is expected to reach US$ 33.45 Bn by 2026, at a CAGR of 13.71% during a forecast period.
The optical transport network market is segmented into a component, services, technology, end-user, and region. In terms of component, the optical transport network market is segmented into an optical switch and optical packet platform. Based on the services, the optical transport network market is classified into network design and network support. Further technology, the optical transport network market is divided into WDM, DWDM. In terms of the end-user, the optical transport network market is categorized into IT/ telecommunication, healthcare, retail, government.
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Based on regions, the global optical transport network market is divided into five main regions are North America, Europe, Asia-pacific, Latin America and Middle East & Africa.
The important driver increasing growth in the global optical transport network market is the increasing demand for higher bandwidth. Also, rising rollouts of 40/100g technology and the increasing number of households using the internet are boosting the global optical transport network market growth.
High initial investment and lack of OTN standards are the major factors hindering the optical transport network market. Lack of OTN standards is also hampering the global optical transport network market growth.
Some of the opportunities of the global optical transport network market are nexgen optical transport network and the introduction of advanced technologies.
Based on technology, Wavelength division multiplexer (WDM) technique multiplexes different optical carrier signals on a single optical fiber with the help of laser lights of different wavelengths. WDM technology fuelled market due to the multiple connections over one fiber that reduces the requirement of the fiber plant as well as fiber redundancy & managed fiber service.
In terms of end-user, the communication service providers segment dominated the optical transport network equipment market share due to the increasing internet usage and rising demands for large bandwidths. IT/ Telecommunication service must upgrade their networks to support the data bandwidth and traffic demand.
Geographically, North America is holding the largest optical transport network equipment market share due to the rising number of telecom infrastructure construction activities and renovation projects in the region.
The key player operating in the global Optical transport network market are Huawei Technologies Co. Ltd, ZTE Corp, Cisco System Inc, Cienna Corporation, Alcatel-Lucent SA, Fujitsu Ltd, ADVA Optical Networking, Infinera and others.
The Scope of Global Optical Transport Network Market:
Global Optical Transport Network Market, by Component:
- Optical Switch
- Optical Packet Platform
Global Optical Transport Network Market, by Services:
- Network Design
- Network Support
Global Optical Transport Network Market, by Technology:
- WDM
- DWDM
Global Optical Transport Network Market, by End-User:
- IT/ Telecommunication
- Healthcare
- Retail
- Government
Global Optical Transport Network Market, by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
https://www.maximizemarketresearch.com/market-report/global-optical-transport-network-market/21779/
Key Player Operating in the Global Optical Transport Network Market:
- Britestream Networks
- ZTE Corporation
- Alloy Computer Products
- Huawei Technologies
- Advanced Micro Devices Inc
- Cisco Systems
- Adtran, Inc
- Aliathon Technology Ltd
- Fujitsu Ltd
- Aten Technology Inc
- Ciena Corporation
- Adva Optical Networking SE
- Belkin Corporation
- Alcatel-Lucent
- Allied Telesyn
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