Optical Transport Network Market Scenario:
As per the “Global Optical Transport Network (OTN) Market” report, published by Market Research Future (MRFR), it states that the market is likely to expand at a lucrative 12.3% CAGR during the forecast years of 2019 to 2025. The report on the worldwide market of optical transport network stated that the market is set to touch a valuation of USD 43.73 billion by 2025. The increase in the implementation of the optical transport network technology in the ever-growing healthcare sector is identified as the underlining cause for the optical transport network to surge.
The increase in the application of Optical Transport Network Market across verticals, such as retail, healthcare, IT and telecom, and government is another cause that is expected to surge the market. The rapid growth of Ethernet and IP monitoring services and increase in the awareness of next-gen optical transport network are other factors that can spur the market growth.
On the contrary, high investment made in infrastructural development can limits the market expansion. In addition, lack of skilled workforce can restraint the growth of the optical transport network market.
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Market Key Players:
MRFR listed some of the eminent players of the worldwide market of optical transport network. They are; ZTE Corp (China), Huawei Technologies Co. Ltd (China), Cienna Corporation (US), Cisco System Inc (US), Fujitsu Ltd (Japan), Alcatel-Lucent SA (France), ADTRAN (US), Infinera (US), ADVA Optical Networking (Germany), Allied Telesyn (US), Aliathon Technology Ltd (US), Britestream Networks Inc. (US), Aten Technology Inc (Taiwan), and Advanced Micro Devices Inc (US).
The market report mentions recent key trends and developments, diversification of product, and industry expertise. It also offers insights of strategies that are adopted by key players, such as their agreements, partnerships, and collaborations.
Market Segmental Analysis:
The worldwide market of optical transport network market is studied in segments, which is based on service, technology, end user, and component.
- By technology, the market is divided into DWDN (Dense Wavelength Division Multiplexer) and WDN (Wavelength Division Multiplexer).
- By wavelength, the market is segmented into up to 10Gbps, 10Gbps, 100Gbps, 40Gbps, and more than 100Gbps, and others. The other comprise of SONET or SDH.
- By service, the market is segmented into network support, network design, and others.
- By component, the market is segmented into optical packet platform, optical switch, and others.
- By end-user, the market is classified into healthcare, IT and telecom, government, retail, and others. The healthcare segment is expected to contribute to the global market surge.
Detailed Regional Assessment:
The market of optical transport network in North America is accounted for the highest rank in the global market. The increase in number of applications the technology across wide number of verticals in North America is expected to boost the expansion of the regional market.
The US to spearhead in the North America market growth, followed by Mexico and Canada. The market in Asia Pacific is anticipated to surge due to rapid adoption of IP & Ethernet monitoring solutions and the increase in use of digitalization across verticals. The growing requirement for optical transport networks can induce expansion of the regional market.
The global market of optical transport network is expected to experience high growth due to increase in the demand for optical transport network in industries, such as IT and telecommunication and BFSI.
The global market appears to competitively high. Well-known key players are opting for partnerships and preparing for new product launches, as they prepare organic growth strategies to get a global foothold in the global optical transport network market.
Table of Content
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Optical Transport Network Market, By Service
1.1.2. Global Optical Transport Network Market, By Component
1.1.3. Global Optical Transport Network Market, By End User
1.1.4. Global Optical Transport Network Market, By Region
2. Market Introduction
2.2. Scope of The Study
2.3. Market Structure
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List of Tables
Table 1 List of Assumptions
Table 2 Global Optical Transport Network Market, By Service, 2018–2025 (Usd Million)
Table 3 Global Optical Transport Network Market, By Component, 2018–2025 (Usd Million)
Table 4 Global Optical Transport Network Market, By Technology, 2018–2025 (Usd Million)
List of Figures
Figure 1 Market Synopsis
Figure 2 Research Process of Mrfr
Figure 3 Top-Down and Bottom-Up Approach
Figure 4 Global Optical Transport Network Market, By Service, 2018–2025 (Usd Million)
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