Optical Wavelength Services Market Grow By Leading Industry Players Zayo Group, Nokia, Verizon, GTT, CenturyLink, AT&T and Others.

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The Global Optical Wavelength Services Market size is expected to grow from US$ 3.3 Billion in 2018 to US$ 4.9 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period. This report spread across 109 pages, profiling 15 companies and supported with 43 tables and 34 figures is now available in this research.

“Among interface segment, the Ethernet interface to account for the highest market share during the forecast period”
Ethernet accounts for the highest market share in Optical Wavelength Services, 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 segment, the metro applications to dominate the market 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 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.

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“Among regions, North America to grow at the highest CAGR during the forecast period”
North America is expected to grow at the highest CAGR among all regions, due to presence of prominent Optical Wavelength Services providers, such as Zayo, Verizon, GTT, Century Link, and AT&T in the region, while Asia Pacific (APAC)is expected to be the major contributor to the OWS market, due to increasing demand for end-to-end wavelength services in the region. China, Japan, and India are some of the prominent countries with strong fiber optic infrastructures in APAC.

Breakdown of primary participants’ profile:
• By Company: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
• By Designation: C-Level – 65% and Director Level – 35%
• By Region: North America – 30%, Europe – 35%, APAC – 25%, and RoW–10%

Report Highlights:
• To profile the key players and comprehensively analyze their recent developments and positioning in the Optical Wavelength Services market

• To forecast the revenue of the market’s segments with respect to 5 major regions, namely North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA)

• To define, describe, and forecast the global Optical Wavelength Services market by Bandwidth (100Gbps), Interface (SONET, OTN, and Ethernet), application (Short Haul, Metro, and Long Haul), organization size (SMEs and Large Enterprises), and regions

• To provide detailed information about the major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market

• To analyze the market’s subsegments with respect to the individual growth trends, prospects, and contributions to the total market

• To analyze the opportunities in the market for stakeholders and provide the competitive landscape of the market

• To analyse the competitive developments, such as mergers and acquisitions, new product developments, and R&D activities, in the market

Competitive Landscape of Optical Wavelength Services Market:
• Competitive Leadership Mapping
• Visionary Leaders
• Innovators
• Dynamic Differentiators
• Emerging Companies
• Strength of Product Portfolio
• Business Strategy Excellence

Top Companies profiled in the Optical Wavelength Services Market include are 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), CarrierBid (US).

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This release was published on openPR.