Optical Transport Network (OTN) Market 2018 Global Key Players: Alcatel-Lucent SA, Ciena Corp, Fujitsu Ltd, Huawei Technologies Co. Ltd by Forecast to 2023

Market Scenario:
The global optical transport network (OTN) market is predicted to expand at 16% CAGR during the forecast period (2017-2023) owing to its greater bandwidth at low cost, asserts Market Research Future (MRFR). Optical transport network is referred to as a set of optical network elements which are connected through optical fiber links and provides functionalities such as multiplexing, supervision, transport, management, and switching of the signals.

The collective need for faster communication and growing conjunction in the mobile network generates the need for Optical Transport Network Market. Optical transport network also supports higher data transfer rates and scales the fastest progression of data traffic. The next generation OTN is considered to bring efficient mapping which is likely to support the data signals such as Ethernet and IP.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/1591

Competitive Dashboard:
The prominent players operating the global optical transport network market are Cisco System Inc, Fujitsu Ltd, ZTE Corp, Cienna Corporation, Infinera, Huawei Technologies Co. Ltd, Alcatel-Lucent SA, and ADVA Optical Networking.

Drivers and Constraints Impacting the Market:
With the sudden rise in the number of internet home users and internet business users, the optical transport network market is considered to flourish during the estimated period. The rising demand for fast bandwidth is also considered to foster the market growth. Moreover, optical transport network offers smooth data transmission and removes latency issues, thereby triggering the demand for optical transport network in the coming years.

Additionally, the increasing need for 100Gz system deployment for a reliable and faster services coupled with higher bandwidth demand in the government organizations along with other financial companies are further presumed to fuel the market growth. OTN also provides more advantages over synchronous digital hierarchy which comprises latency, transparent client signals, global acceptance as a standard, high scalability, robust management, and bandwidth limitation. Such factors are estimated to propel the market growth during the appraisal period.

On the flip side, requirement of the high investments is a major concern likely to dampen the optical transport network market growth in the coming years.

Optical Transport Network Market Segmental Analysis:
The global optical transport network market has been segmented on the basis of services, technology, end-user, component, and region.
• By mode of technology, the global optical transport network market has been segmented into Dense Wavelength Division Multiplexer (DWDN), Wavelength Division Multiplexer (WDN), and others. The others segment comprises SONET/SDH. Among these, the Wavelength Division Multiplexer is predicted to dominate the global market and has touched USD 5.98 billion in the year 2017.
• By mode of service, the global optical transport network market has been segmented into network design, network support, and others. Among these, the network design segment is presumed to dominate the global market and has reached USD 7.96 billion in the year 2017.
• By mode of component, the global optical transport network market has been segmented into optical packet platform, optical switch, and others. Among these, the optical switch segment is considered to dominate the market and has touched USD 5.77 billion in the year 2017.
• By mode of end-users, the global optical transport network market has been segmented into healthcare, IT/ telecom, government, retail, and others. Among these, the IT & telecommunication segment is considered to dominate the global market and had touched USD 5.15 billion in the year 2017.

Regional Insights:
Geographically, the optical transport network market span across regions namely, North America, Asia Pacific, Europe and Rest-of-the-World (RoW).

Among all the regions, the North American region is considered to be one of the leading regions across the world in terms of market share owing to its huge demand and greater bandwidth. The region is experiencing rapid growth owing to the technological advancements coupled with the growing demand for efficient telecom platforms across industry verticals in this region. Moreover, the U.S. holds majority of the market share in terms of revenue and as adoption of cable for providing greater bandwidth. Such factors are presumed to propel the market growth in this region.

Industry Updates:
December 11, 2018: Infinera announces that the mTera Universal Switching Platform that it acquired with the rest of Coriant, is now offering Layer 1 Optical Transport Network data encryption capabilities. The new feature provides better services than using bulk traffic encryption, the company says.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/optical-transport-network-market-1591

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.

Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.