Optical Transport Network Market worth $23.64 Billion by 2019


Posted December 6, 2018 by dheerajpawar7359

Optical Transport Network Market is expected to grow to $23.64 billion at an estimated Compound Annual Growth Rate (CAGR) of 15.8%

 
The report “Optical Transport Network Market by Technology (WDM, DWDM), by Components (Optical Switch, Optical Packet Platform), by Services (Network Design, Network Support), by End User, by Regions - Worldwide Market Forecast and Analysis (2014 - 2019)” segments the global market into various sub-segments with in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with insights into trends, opportunities, and challenges.
[146 Pages Report] The global Mobile Data Protection Market size was USD 11.35 billion in 2014 and is projected to reach USD 23.64 billion by 2019, growing at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period.
The report forecasts the market sizes and trends of optical transport network in the following submarkets:
On the basis of technology:
• WDM (Metro market)
 up to 10Gbps
 10Gbps
 40Gbps
 100Gbps
 More than 100Gbps
• DWDM (Long haul terrestrial market)
 up to 10Gbps
 10Gbps
 40Gbps
 100Gbps
 More than 100Gbps]
On the basis of components:
• Optical switch market
• Optical transport market
• Optical packet platform market
On the basis of services:
• Network design and optimization
• network maintenance and support services
On the basis of types of users:
• Communication service providers and network operators
• Enterprises
• Government
On the basis of region:
• North America (NA)
• Europe
• Asia-Pacific (APAC)
• Middle East and Africa (MEA)
• Latin America (LA)
Changing user requirements, the rapid growth in IP and Ethernet services, and a dramatic increase in the capacity demanded are driving the evolution of the optical transport network. The OTN ecosystem architecture concept was originally developed by the ITU-T initially a decade ago, to build upon the Synchronous Digital Hierarchy (SDH) and Dense Wavelength-Division Multiplexing (DWDM) experience and provide bit rate efficiency, resiliency and management at high capacity. OTN therefore looks a lot like Synchronous Optical Networking (SONET) / SDH in structure, with less overhead and more management features.
Ask for PDF Brochure: Optical Transport Network Market
The increased demand of bandwidth from both residential and business customers is playing a major role in shaping the future of the optical transport network market. As the communication industry is booming with the increased use of internet by the residential customers for online gaming, video chatting, social media, and online shopping the requirement of bandwidth for the metros and urban cities have significantly enhanced. Similarly in the business customers segment also the use of bandwidth has increased especially by the financial and government organizations.
The network providers and networking equipment manufacturers are obliged to support a huge digital traffic flowing over the networks. The increasing usage of application through personal computers as well as mobiles has overloaded the current networks. Moreover the both Synchronous Optical Network/ Synchronous Digital Hierarchy (SDH/SONET) networks are unable to withstand such huge bandwidth requirements. However, Optical Transport Network (OTN) has come up as a huge success in the present scenario, as it can easily support high bandwidth. The technologies used in OTN (Wavelength Division Multiplexing (WDM) for Metros and Dense Wavelength Division Multiplexing (DWDM) for long haul) enables OTN to overcome the bandwidth limitations of SONET/SDH. OTN is rapidly gaining traction in metros with the deployment of its 100Gbps line.
The initial deployment cost is a major restrain for this market but the high bandwidth requirements by the enterprises and government organizations are pushing the OTN market. Some of the major advantages unfolding higher traction for this market are the transparent client signal, minimal latency, robust management, better scalability, and global acceptance as a standard.
MarketsandMarkets has segmented the global OTN market by technology: WDM [up to 10Gbps, 10Gbps, 40Gbps, 100Gbps, and more than 100Gbps], DWDM [up to 10Gbps, 10Gbps, 40Gbps, 100Gbps, and more than 100Gbps]; by components: optical switch market, optical transport market, and optical packet platform market; by services: network design and optimization, and network maintenance and support services; by type of user: communication service providers and network operators, private enterprises, and government; and by region: North America (NA), Asia-Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA). The notable players in this market, who contributes to the major share, include ADTRAN, ADVA Optical Networking, Alcatel- Lucent, Aliathon Technology, Ciena, Cisco, Fujitsu, Huawei, Infinera, and ZTE.
MarketsandMarkets expects that the OTN market is estimated to be $11.35 billion in 2014 and is expected to grow to $23.64 billion in 2019. This represents an estimated Compound Annual Growth Rate (CAGR) of 15.8% from 2014 to 2019. In the current scenario, North America is expected to be the biggest market on the basis of spending and adoption of the OTN equipment and devices and APAC is the highest growing region with a CAGR of 19.3% in this market.

Browse 79 market data tables and 45 figures spread through 146 pages and in-depth TOC on “Optical Transport Network Market by Technology (WDM, DWDM), by Components (Optical Switch, Optical Packet Platform), by Services (Network Design, Network Support), by End User, by Regions - Worldwide Market Forecast and Analysis (2014 - 2019)”.
https://www.marketsandmarkets.com/Market-Reports/optical-transport-network-market-20669511.html
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Issued By MarketsandMarkets™ INC.
Country United States
Categories Technology
Tags optical transport network market
Last Updated December 6, 2018