All in all, OTN technology shows both a technical leap forward in optical networking over SONET/SDH and a business chances for carriers and service suppliers alike. OTN networks can fully leverage the transport infrastructure in the era of data/transport convergence by providing carriers unprecedented architectural flexibility, client-protocol independence, and service differentiation. OTN network has come of age and will positively continue to rise as traffic necessity grows.
Market Dynamics:
The degree of urbanization is also fueling the need for internet penetrations. For instance, as per Population Reference Bureau, the share of urbanization in North America held for 82% in 2021, after 79% from Latin America and the Caribbean, 75% from Europe, 52% in Asia, and 25% in Oceania. Technological developments is a main trend gaining popularity in the optical transport network market. Major companies operating in the optical transport network market are aiming on offering technologically-developed solutions to fulfil end-customer needs and reinforce their market position.
On Contrary, Ethernet is now being regarded a valuable choice for mobile transport, accessibility, and metro networks as OTN are only serving the purpose of huge bitrate long-haul transport. Moreover, as Ethernet today also comprises FEC, it may replace OTN in the future for long-haul if IEEE chooses to state long-haul Ethernet interfaces.
Key features of the study:
- This report provides in-depth analysis of the global optical transport network market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global optical transport network market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Major players in the global optical transport network market are Nokia Corporation, Ciena Corporation, Cisco Systems Inc., Huawei Technologies Co. Ltd, ZTE Corporation, Fujitsu Corporation, Infinera Corporation, Telefonaktiebolaget LM Ericsson, NEC Corporation and Yokogawa Electric Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global optical transport network market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global optical transport network market
Detailed Segmentation:
- Global Optical Transport Network Market, By Technology:
- WDM
- DWDM
- Other Technologies
- Global Optical Transport Network Market, By Offering:
- Service
- Network Maintenance and Support
- Network Design
- Component
- Optical Transport
- Optical Switch
- Optical Platform
- Global Optical Transport Network Market, By End-User Vertical:
- IT and Telecom
- Healthcare
- Government
- Other End-user Verticals
- Global Optical Transport Network Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Company Profiles:
- Nokia Corporation
- Ciena Corporation
- Cisco Systems Inc.
- Huawei Technologies Co. Ltd
- ZTE Corporation
- Fujitsu Corporation
- Infinera Corporation
- Telefonaktiebolaget LM Ericsson
- NEC Corporation
- Yokogawa Electric Corporation