Optical Transport Network (OTN) Market 2020 Industry Outlook and Sales Analysis 2027: Huawei, Ciena Corporation (US), Alcatel-Lucent SA (France), Fujitsu Ltd
Optical Transport Network (OTN) Market, 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 Fibber Channels. It is a set of Optical Network Elements (ONE) connected by optical fibre links, which can provide the functionality of multiplexing, transport, management, switching, supervision, and survival of optical channels carrying client signals.
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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).
Segmental Overview
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.
Regional Analysis
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 centre-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 many network device manufacturers and solution providers in the region, an increasing number of data centres, 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.
Industry News
The global Optical Transport Network (OTN) Market Trends has been affected due to the lockdown across the regions. This pandemic situation has hampered the Optical Transport Network (OTN) Market Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Optical Transport Network (OTN) Market Size for the forecast period.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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