Optical Transport Network Market Overview:
The industry for optical transport networks is set to grow significantly in the forecast period owing to the rapid pace of development observable in the segment. Market Research Future which concentrates on market reports associated to the semiconductors & electronics sector amongst others recently published a report on this sector. The market is projected to develop at a CAGR rate of almost 8% during the forecast period.
Increase in the penetration of internet usage has been of the main factors that is driving the optical transport network market. The increased usage has necessitated the need to upgrade the existing infrastructure so that the current usage rate can be sustained favorably. The benefits of OTN particularly in terms of elimination of latency problems has been a major motivator of demand.
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Major Key Players:
- Alcatel-Lucent SA (France)
- Ciena Corp. (U.S.)
- Fujitsu Ltd. (Japan)
- Huawei Technologies Co. Ltd. (China)
- ADTRAN (U.S.)
- ADVA Optical Networking (Germany)
- ZTE Corp. (China)
- Cisco System Inc. (U.S.)
- Infinera (U.S.)
- ECI Telecom Ltd. (Israel)
The industry for Optical Transport Network Market is divided on the criteria of services, technology, end-user and component. The market has been divided by technology into the following type such as DWDN (Dense Wavelength Division Multiplexer), WDN (Wavelength Division Multiplexer) and Others (SONET/SDH). On the basis of service segment, the market involves network design, network support and others. By component segment, the market contains optical packet platform, optical switch and others.
Lastly on the basis of end-user segment, the market comprises of healthcare, IT/ Telecom, government, retail and others. The global market for optical transport network has been observing a stable growth period over the last few years due to rapid growth of Ethernet monitoring services & internet protocol, support of a multi-vendor environment and cost effectiveness factor among others.
Detailed Regional Analysis:
Regions such as Asia pacific, North America, Europe and Rest of the World are being covered for region wise analysis of fiber optic cable assemblies market. The North American market is one of the important areas around the world in terms of the market share in industry as it has enormous demand because it is able to provide much greater level of bandwidth.
The fiber optic cable assemblies industry in the European area is projected to observe rapid growth in the coming period. Asia-Pacific countries like Japan, China and India are developing market for fiber optic cable assemblies market and are anticipated to be the highest CAGR generators in the forecast period.
Global Competitive Analysis:
Constant demand levels for the industry have developed the market immensely in the past few years. The market has witnessed raised the demand levels due to the product range which has been launched over the years. This consequence will be productive for the swift growth of the industry.
The industry is fostering its growth prospects through constant and persistent course progressions and maintaining financial fluidity to exploit the best growth policies when they become evident. Due to the excellent opportunities in this market, the contenders are trying to increase their market portion by transformations which will influence the extended transformation of the sector in a positive manner which has created a promising outlook for value driven growth of the sector.
The key players in the market for global optical transport network such as Alcatel-Lucent SA, ZTE Corp, Cisco System Inc, Huawei Technologies Co. Ltd and Cienna Corporation have enlarged the potential for growth of the market.
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Feb 2017 Open Fiber which is Italy’s prominent broadband operator has commenced a commercial trial of 200G Elastic optical transport network in the country recently. The trial was conducted between Florence and Rome in the national backbone “Zion” network. The company believes that this move will lay a firm foundation for Italy’s National Broadband strategy. The “Zion” network, which will be made available to 270 cities and is built on Huawei’s OTN architecture. It also has elevated levels of service reliability and backs up high-performance 200G transmission through the most advanced WDM technologies, such as flexible grid, TSDN, programmable 100G/200G, OSNR monitoring and optical ASON embedded OTDR.
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