Press release
Global Optical Transport Network (OTN) Equipment Market 2018- Driven By Increase in Mobile Data Traffic and Growing Smartphone And Tablet Market
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Optical Transport Network (OTN) Equipment by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
FGR’s market research identifies the growing mobile data traffic to be one of the primary growth factors for the optical transport network equipment market. The growing smartphone and tablet market contribute extensively to the rapidly increasing mobile data traffic. Mobile video data traffic constituted a significant portion of the mobile data traffic due to extensive connectivity to the internet. Also, smartphones constituted more than 90% of the active connections to the Internet. End-users use several Internet-based smartphones that transfer data via a massive network of optical fibers. Growing adoption of smartphones and tablets globally will drive the adoption of OTN and related equipment in the DWDM equipment market.
Internet-of-things (IoT) connects all essential electronic home devices to the Internet and facilities interconnectivity among these devices. Electronic gadget manufacturers such as SAMSUNG, Dell, Apple, and Microsoft are investing extensively in R&D to develop IoT.
Smart homes are predicted to be equipped with several connected nodes and appliances that are interconnected wirelessly to analyze the surrounding environment and act accordingly. To widen the applications of IoT and connected devices, OTNs with the capacity and capability to support high bandwidths are required. The increasing applications of IoT are one of the key factors contributing towards the growth of the optical transport network equipment.
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The optical transport network equipment market is fragmented owing to the presence of several international vendors and few niche regional vendors. OTN manufacturers are focusing on penetrating geographical regions with high adoption and application of technology. Factors such as growing Internet data traffic (especially video) due to high adoption of smartphones and tablets and the availability of high-speed wireless connectivity and other compelling services, will boost the growth potential of the DWDM equipment market.
Top Industry Player’s
• Cisco
• ADVA Optical networking
• Aliathon Technology
• Ciena Corporation
• ECI Telecom
• Ericsson
• Fujitsu
• Huawei
• Alcatel-Lucent
• ZTE
• Infinera
• Ciena
• FiberHome
• Ericsson
• NEC
• Tellabs
The shift to wavelength-division multiplexing (WDM) architecture by carriers is the key growth driver for the OTN equipment market. Now, the carriers can tap into enormous capacity by carrying multiple wavelengths over a single optical fiber, leading to cost reductions over the cost of deploying single-channel networks. The Americas dominate the global OTN equipment market, accounting for 66% of the overall market share. The growing demand for bandwidth and the low latency from sectors such as healthcare and financial services are the primary drivers for the growth in this region.
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