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The global optical transport network market is anticipated to grow at CAGR of 17.26% during the forecast period 2016-2023. The rapid increase in the internet corporate users and household users have opened new avenues with the increasing level of bandwidth requirement all over the world. There has been a substantial reception of Optical Transport Network (OTN) among inhabited customers because of the amplified use of online gaming, video chatting, social media, and many other real time streaming events. Extensive technological developments such as 100G bandwidth technology, beyond 100G bandwidth technology and intelligible core networks are enhancing the adoption of optical transport network (OTN). The sudden upsurge in the number of internet users has brought a paradigm shift in the industry with the increase in demand for a whole new level of bandwidth requirement from the network world. The demand for Optical Transport Network (OTN) among residential customers is on the rise as it offers seamless data transmission, and removes latency issues providing improved use of social media, video chatting, online gaming, and many other real time streaming events which in turn has led to the growth of global optical transport network market. Factors driving optical transport network market includes:
Increasing load on existing networks has encouraged the vendors to manage and organize their advanced systems. Optical Transport Network can overcome the problems in the current Synchronous Digital Hierarchy (SDH)/Synchronous Optical Network (SONET) networks such as bandwidth limitation, with better scalability; transparent client signals, reduced latency, robust management and global acceptance as a standard. High initial investment is one of the biggest challenges faced by the vendors and the market, acting as a deterrent in the growth of global optical transport network market. Optical transport network’s in-built flexibility is assisted by its capability to spread transparency. The global optical transport network market has bright prospects in the networking world due to next generation optical transport network that allows more effective mapping and backing for data signals such as IP and Ethernet. Next-generation optical transport network and introduction of new technologies are some of the major factors expected to contribute to the growth of global optical transport network market.
Source: OBRC Analysis
Global optical transport network market is segmented into technology, components, service and type of users. Based on technology, the market is sub segmented into:
Based on component, the market is sub segmented into:
Based on service, the market is sub segmented into:
Based on user type, the market is sub segmented into:
The revenue for the above user segment is specific to global optical transport network market. However, the total revenue of these users in general have been excluded from the scope of the report. Also, the total market revenue has been calculated by summing up component & technology segment. Geographically, the global optical transport network market is segmented into:
North America dominates the global optical transport network market, due to the contribution of all the major players present in North American optical transport network market. Also, increase in demand of high speed internet and technological advancements are also the reasons why North America dominates the market. Asia Pacific is escalating in the global optical transport network market due to the growth of telecom sector in developing countries like India and China. Increasing usage of 3G and 4G compatible smartphones, and rising demand for IP based video, voice and data services is also pushing the Asia Pacific market forward. Europe is showing a positive growth due to usage of enhanced technology and high adoption rate of internet. Rest of the world has growth prospects due to penetration of major optical network providers.
Global optical transport network market is segmented into technology, components, service and type of users. On the basis of technology, the market is divided into Wavelength Division Multiplexer (WDM), WDM (Metro Market), and DWDM (Long-Haul Terrestrial Market). On the basis of components, the market is divided into Optical Switch Market, Optical Transport Market, and Optical Packet Platform Market. Optical transport market has the largest market share in the components segment. Organizations with huge data transport demands have multiple options when looking out for network solutions to suit their business needs. Optical transport service often provides the best balance of scalability, and management efficiency. Other factors such as performance needs, cost, and the capabilities of an in-house telecommunications team could also impact the selection of network solution adopted. The two primary competitive solutions to optical transport networks that are likely to be considered are Dark Fiber and TDM. On the basis of service, the market is divided into network design and optimization services, network maintenance and support services. Network Maintenance and Support Services segment is growing at a fast pace. On the basis of types of user, the market is divided into Communication Service Providers and Network Operators, Enterprises and Government. Communication Service Providers and Network Operators segment is dominating the market due to increasing number of population and rising number of smartphones users.
The major market players of the global optical transport network market are:
Detailed analysis of these companies provided in this report comprises of overview, SCOT analysis, product portfolio, strategic initiative and strategic analysis.
These companies use various strategies such as mergers & acquisition, collaboration, partnership and product launching. Example: In June 2017 Huawei designed OSN 9800 M24 metro Multi-Service Optical Transport Network (MS-OTN) platform, which offers a compact structure, flexible deployment, and easy O&M enabling. This system assists network operators by providing support for OTN capabilities in their respective central offices. With growing OTN capabilities, OSN 9800 M24 allows central office facilities to keep a track of more complex demands without limitations of power and exceeding space..
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At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global optical transport network market offers the longest chain of market segmentation covering major market segmentation based on technology, components, service and type of users. The report tracks the major market trends in the global optical transport network market such as technological advancement such as 100G bandwidth technology; beyond 100G bandwidth technology and the shift towards wavelength-division multiplexing (WDM) architecture by carriers and so on. For each market segments covered in global optical transport network market report, we provide opportunity matrix, and DROC analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the optical transport network industry, with giving extensive strategy analysis of more than 15 companies. Moreover, the report discusses various models such as 360 degree analysis, See Saw analysis, and Porter five force model and so on. For the high level analysis in the report we provide a comparative analysis of historic and current year data.
Key findings of the global optical transport network market.
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