Press release
Optical Transport Network Market Global Key Players: Huawei Technologies Co. Ltd, ZTE Corp, Cisco System Inc, Cienna Corporation, Alcatel-Lucent SA, Fujitsu Ltd, ADVA Optical Networking, Infinera
Market Scenario:In optical transport network market, by service segment consists of network design, network support and others. The planning of the implementation of a computer network infrastructure can be explained as network design. The design is generally performed by designers, engineers, IT administrators and other related staff. It is done before the implementation of a particular network infrastructure. Since, computers and information network is important for both large and small businesses. Network design also connect people, support applications, services and also provide resources to keep business running.
The global Optical Transport Network Market is segmented by technology, services, component and end-user. The global optical transport network market has been witnessing a steady growth over the last few years on account of rapid growth of internet protocol & Ethernet monitoring services, support multi-vendor environment and cost effective among others. The market has been divided into following technology such as WDN (Wavelength Division Multiplexer), DWDN (Dense Wavelength Division Multiplexer) and Others (SONET/SDH). By service segment, the market consists of network support, network design and others. By component segment, the market consists of optical switch, optical packet platform and others. And by end-user segment, the market consists of IT/ Telecom, healthcare, retail, government and others.
According to Market Research Future Analysis, the global Optical Transport Network market is estimated to generate revenue of approximately USD 39 billion by 2023 growing at a CAGR of 16% during the forecast period 2016-2022.
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Major Key Players:
Some of the key players in the market: : Huawei Technologies Co. Ltd, ZTE Corp, Cisco System Inc, Cienna Corporation, Alcatel-Lucent SA, Fujitsu Ltd, ADVA Optical Networking, Infinera and others.
Technology giants such as Huawei Technologies Co. Ltd, ZTE Corp, Cisco System Inc, Cienna Corporation, Alcatel-Lucent SA, Fujitsu Ltd, ADVA Optical Networking, Infinera are the key player in the optical transport network market. Cienna Corporation provides various networking and communications equipment. The company operates through various business segments such as packet optical, packet networking, optical transport and software & services. The Optical transport segment manufactures optical transport systems, common photonic and data networking products. The company has production centres, research and development engineers, personalization & data centres across the globe.
Segmentation:
The global optical transport network market can be segmented on the basis of IT/ Telecom, healthcare, retail, government and others. The global optical transport network market has been witnessing a steady growth over the last few years on account of growing demand for such solutions by the residential sector, high digital transformation and rising bandwidth and increasing capacity demand among others. The market has been divided into following sectors IT/telecommunications, healthcare, retail, government and others. In 2016, IT/Telecommunication segment accounts for the largest share in the global optical transport network market due to increase in data security, increasing demand for next-generation optical transport network. Healthcare is the second-largest type and is projected to grow at a CAGR of 17.54% during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Regional Analysis:
The regional analysis of fiber optic cable assemblies market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in fiber optic cable assemblies market as it has huge demand as it provides much greater bandwidth.
The fiber optic cable assemblies market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for fiber optic cable assemblies market and expected to be the highest CAGR in the coming years.
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Intended Audience:
• Enterprise IT
• Distribution Centers
• Software Developers
• Cyber security Companies
• Telecom Service providers
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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