ID: MRFR/ICT/1062-CR | April 2020 | Region: Global | 143 Pages
Segmentation | |||||||||||||||||
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Companies Profiled | |
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Key Players | |
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). |
Market Driving Forces | |
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Drivers | |
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. |
The optical transport network (OTN)market research report has a close watch on all the leading competitors who follow strategic, micro, and macro market trends. The network design segment accounted for the largest market share of 40.7% in 2018, it is expected to register a CAGR of 8.53% during the forecast period.
North America is the region which holds the highest position in the market. North America continues to become the leader in the optical transport network (OTN) market. This is mainly due to the factors which include the rising implementation of high-speed communications across the network technologies. In addition to this other factors include influencing the market growth by maturity in the market when compared to other regional markets. North America also has a growing demand for mobile phones as well as networking. Networkings mainly include the internet and data center-based operations. The countries that are included in this research report of optical transport networks are the US, Canada, and Mexico.
The country of the US is projected to grow at an exponential rate mainly due to the factors which include the presence of market Major key players. Other factors include the presence of a large number of network device manufacturers and solutions providers. In this region, there is an increasing number of data centers and the adoption of optical transport network (OTN) technology mainly by telecom operators. As per the provisional data the extent of bandwidth is up to 100 gigabits per second. Also, Huawei's DWDM technology-based solutions are what is attracting more and more telecom network operators.
All these prominent key players play a major role in the dynamics and growth of the optical transport network market. These companies adapted various strategies to widen their customer base. These strategies include extensions, joint ventures, establishments, new production processes, innovations, collaborations, mergers, acquisitions, technology widening the existing products, partnerships, etc. All of these strategies are adopted by the enterprises and these major key players to get the needs of customers and develop a strong potential growth base.
In the global optical transport network (OTN) market research report, there are major factors that drive the growth of the market. The report consists of opportunities that may further in the future and covers the global market of optical transport networks (OTN). Various factors restrain the growth of optical transport networks (OTN) and hamper the development of such a fine-based market. The research report also consists of various analyses based on Covid 19 impact market dynamics, different segmentations, regional analysis, and the optical transport network market. We have mentioned CAGR as well as the future market value in this report. With that being said, the CAGR is estimated to be 12.4% during the forecasted period of 2018 to 2025 and the value of the market is expected to reach $43.73 billion by the end of the forecasted period.
Report Attribute/Metric | Details |
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Market Size | 2030: USD 31.33 Billion |
CAGR | 8.53% (2018-2030) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Technology, Service |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | 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 Market Opportunities | This is mainly due to factors such as the rising implementation of high-speed communications network technologies. |
Key Market Drivers | 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. |
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 8.53% CAGR.
The optical transport network market, by 2025, is presumed to earn revenues worth USD 31.33 Billion.
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).