ID: MRFR/ICT/1062-CR | April 2020 | Region: Global | 143 pages
Optical Transport Network (OTN), an ITU standard commonly known as "digital wrapper" is a next-generation industry-standard protocol providing an efficient & globally accepted way to multiplex services onto optical light paths. The optical network helps provide a flexible, scalable, and robust Optical Transport Network that helps in catering to a variety of client signals for the expansion of equally varied service requirements including SONET/SDH, PDH, ATM, and Fiber Channels. It is a set of Optical Network Elements (ONE) connected by optical fiber links, which is able to provide the functionality of multiplexing, transport, management, switching, supervision, and survival of optical channels carrying client signals.
OTN plays a vital role in making the network an open and programmable platform, empowering transport to become as significant as computing and storage in intelligent data center networking. Today, a large portion of the system traffic is packet-based, generated by a multitude of services and applications in unpredictable traffic patterns, with widely varying and more stringent demands on bandwidth and data transmission performance. Furthermore, undertaking organizations need high speeds, unwavering quality, and high uptime for information. Consequently, they are continually looking for ideal system arrangements. To avoid losses, companies rely on high-speed optical transport networks to deal with system failures.
The Global Optical Transport Network (OTN) Market has been segmented based on service, Component, Technology, Vertical, and Region.
By Services, the market has been divided into network design, network support, and others. The network design segment accounted for the largest market share of 40.7% in 2018, it is expected to register a CAGR of 12.4% during the forecast period. The network support segment is projected to register the highest CAGR of 14.0%.
By Component, the market has been segmented into the optical switch, optical packet platform, and others. The optical switch segment accounted for the largest market share of 42.6% in 2018, it is expected to register a CAGR of 11.6% during the forecast period. The optical packet platform segment is projected to register the highest CAGR of 13.9%.
By Technology, the market has been segmented into Wavelength Division Multiplexer (WDN), Dense Wavelength Division Multiplexer (DWDN), and others (SONET/SDH).
By Vertical, the market has been segmented into IT/telecommunications, healthcare, retail, government, and others.
Geographically, the global optical transport network (OTN) market has been segmented into the Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
North America is the market leader for the optical transport network market. This is mainly due to factors such as the rising implementation of high-speed communications network technologies. Other reasons influencing the market growth include higher maturity in the market when compared to the other regional markets, growing demand for mobile phones and internet, and data center based operations. The countries included in this research report include the US, Canada, and Mexico.
The optical transport network market in the US is projected to grow at a substantial rate mainly due to the presence of key market players such as Huawei Technologies Co., Ltd., Infinera, Advanced Micro Devices, Inc., and Ciena Corporation. Factors driving the US market growth are the presence of a large number of network device manufacturers and solution providers in the region, an increasing number of data centers, and adoption of OTN technology by telecom operators. With the provision of extended bandwidth of up to 100 Gigabits per second, Huawei’s DWDM technology-based solution is attracting more and more telecom network operators.
The Key Players of the Global Optical Transport Network (OTN) Market are Huawei Technologies Co. Ltd (China), ZTE Corp (China), Cisco System Inc (US), Ciena Corporation (US), Alcatel-Lucent SA (France), Fujitsu Ltd (Japan), ADVA Optical Networking (Germany), ADTRAN (US), Infinera (US), Aliathon Technology Ltd (US), Allied Telesyn (US), Aten Technology Inc (Taiwan), Britestream Networks Inc. (US), and Advanced Micro Devices Inc (US).
Key Questions Addressed by the Report
Frequently Asked Questions (FAQ) :
By technology, the technology based segments of the market are DWDN (Dense Wavelength Division Multiplexer) and WDN (Wavelength Division Multiplexer).
The rising applications of wavelength division multiplexing in different industry domains is poised to drive market growth.
The optical transport network market is prognosticated to register expansion at 12.3% CAGR.
The optical transport network market, by 2025, is presumed to earn revenues worth USD 43.73 Bn.
The major players of the optical transport network market are Huawei Technologies Co. Ltd (China), Cisco System Inc (US), ZTE Corp (China), Cienna Corporation (US), Fujitsu Ltd (Japan), Alcatel-Lucent SA (France), Britestream Networks Inc. (US), ADVA Optical Networking (Germany), Infinera (US), ADTRAN (US), Aliathon Technology Ltd (US), Aten Technology Inc (Taiwan), Allied Telesyn (US), and Advanced Micro Devices Inc (US).