Press release
Optical Wavelength Services Market Projected to reach $4.9 billion by 2023 | Key players include Zayo, Verizon, GTT, Centurylink and AT&T
According to recent research "Optical Wavelength Services Market by Bandwidth (Less than 10 Gbps, 40 Gbps, 100 Gbps, and More than 100 Gbps), Application (SONET, Ethernet, and OTN), Interface (Short Haul, Metro, and Long Haul), Organization Size, and Region - Global Forecast to 2023", the global OWS market size is expected to grow from USD 3.3 billion in 2018 to USD 4.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period. The adoption rate of OWS solutions is expected to grow, owing to the increasing demand for high-speed internet and bandwidth-intensive applications, and a need for minimizing capital expense and IT resource.Browse 43 market data Tables and 34 Figures spread through 109 Pages and in-depth TOC on "Optical Wavelength Services Market”
https://www.marketsandmarkets.com/Market-Reports/optical-wavelength-services-market-81649158.html?utm_source=Openpr
Among interface areas, the Ethernet segment to hold the highest market share during the forecast period
In OWS, Ethernet carries the highest market share as it is a cost-effective option for server connectivity. As compared to other interfaces, i.e. OTN and SONET, Ethernet has the highest number of installations and offers top cost performance among others. Gigabit Ethernet is the extended version of Ethernet which can offer tenfold speed than the traditional Ethernet. Wavelength services enable high bandwidth gigabit Ethernet network connections to be deployed faster.
Among application, the metro segment holds largest market share during the forecast period
The increasing bandwidth demand and connectivity between Data Centers (DCs) along with adoption of consumer 4K and higher video content and services on n number of devices are major drivers for the adoption of metro applications. Most of the service providers are looking forward to increase the wavelength speed by moving to metro applications.
Ask for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81649158&utm_source=Openpr
In terms of regions, North America to account for the largest market size duringthe forecast period
North America is expected to be the main revenue contributor to the OWS market. The growth in this region is expected to be driven by the presence of prominent OWS providers, such as Zayo, Verizon, GTT, CenturyLink, and AT&T. Moreover, the presence of a large number of optical wavelength solution providers in the country creates a healthy competition, which would benefit the growth of OWS in the future.
In the OWS market, the key and emerging market players include Zayo Group (US), Nokia (Finland), Verizon (US), GTT (US), CenturyLink (Louisiana), AT&T (US), Sprint (US), Comcast (US), Colt Technology Solution (UK), Crown Castle (US), Windstream Enterprises (US), Charter Communications (US), Cox Communications (US), Jaguar Network (France), and CarrierBid (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Optical Wavelength Services Market Projected to reach $4.9 billion by 2023 | Key players include Zayo, Verizon, GTT, Centurylink and AT&T here
News-ID: 1730100 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Ethernet
Gigabit Ethernet(GbE) Retimer Market
Gigabit Ethernet(GbE) Retimer Market Overview
Gigabit Ethernet retimers play a critical role in maintaining the integrity and performance of high-speed Ethernet networks. By regenerating and equalizing signals, they extend the reach of Ethernet links and ensure reliable data transmission in demanding applications such as data centers, enterprise networks, and high-performance computing environments.
This report provides a deep insight into the global Gigabit Ethernet(GbE) Retimer market covering all its essential aspects. This ranges…
Ethernet Switch Market Report 2024 - Ethernet Switch Market Trends, Growth And F …
"The Business Research Company recently released a comprehensive report on the Global Ethernet Switch Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Ethernet Switch Market Report 2024 - Ethernet Switch Market Trends, Growth And F …
"The Business Research Company recently released a comprehensive report on the Global Ethernet Switch Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Automotive Ethernet Gateway Solution Market Seamless Integration of Ethernet Net …
Global Automotive Ethernet Gateway Solution Market Overview:
The Automotive Ethernet Gateway Solution market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Automotive Ethernet Gateway Solution market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Telecom Enterprise Services Market - Major data enterprises services (T-1, NxT-1 …
The telecom industry is witnessing a paradigm shift in the offering of services among mobile service providers. Operators around the globe are exploring new offerings to stay ahead of newcomers and international/foreign telecom service providers.
Mobile service providers are incessantly working toward becoming total communications providers. While traditionally, service providers have been focusing on large enterprises, small and medium enterprises (SMEs) are now emerging as a key focus area for…
IOP Tester for Ethernet ECUs
RUETZ SYSTEM SOLUTIONS Tests ECUs for Interoperability
RUETZ SYSTEM SOLUTIONS – experts for automotive data communications - provides an interoperability test platform for Automotive Ethernet. This IOP tester operates within the framework of compliance tests for Automotive Ethernet. The test platform constitutes a component of the test set-up for Open Alliance Layer 1 interoperability tests for ECUs. The IOP tester allows the verification of ECUs for interoperability with other ECUs…