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Optical Transport Network (OTN) Market Outlook To 2025 | Precise Scenario with Latest Trends, Opportunities, Growth Overview and Segment Forecasts By The Insight Partners

06-07-2022 04:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Theinsightpartners.com

According to the new research report published by The Insight Partners, titled "Optical Transport Network Market - Global Analysis and Forecast to 2025", the global Optical Transport Network market is expected to reach US$ 33.44 billion in 2025, registering a CAGR of 12.4% during the forecast period 2017 to 2025.
Optical equipment spending in China increased dramatically. Key end-user verticals of this market are, Communication Service Providers, Enterprise and Government. Communication Service Providers is the largest end-user vertical of Optical Transport Networks however; Enterprise segment will have highest growth rate the forecast period.

Optical Transport Network (OTN) Market: Competitive Landscape and Key Developments
Some of the major players operating in the market include; ADVA Optical Networking SE, ADTRAN, Inc., ALCATEL LUCENT, Aliathon Technologies Ciena Corp., Cisco Systems, Inc., Fujitsu Limited Huawei Technologies Co. Ltd., Infinera Corporation, ZTE Corporation

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Optical equipment spending in China increased dramatically. Deployment of coherent 100G ports doubled from that of the previous year. 2017 seems to bring even more rapid change, as Huawei and ZTE use new component technologies and the deployment of 100G moves to the regional level. Chinese optical equipment spending continued to surge, with a year-on-year growth of 20%, as coherent 100G deployment marched forward. Chinese equipment companies anticipate further growth through 2017, with an acceleration in metro WDM deployment next year. Also, development in infrastructure of china including optical networking projects are driving OTN market in the country. More than 120 million households in China is enjoying fiber broadband connections.

The ravenous appetite for online data in North America is anticipated to continue its growth over the coming years. Also, the internet generated broadband traffic in this region is expected to increase at a significant rate. This increase in broadband traffic in North America is majorly contributed by the rising penetration of numerous internet based services, such as digital video broadcasting, IP data & Services, Video & Demand, Social Networking, VoIP and internet mobile access

Optical Transport Network (OTN) Market: Key Insights - Future Trend
. Burgeoning demand for real time entertainment and social networking is one of the most influential factor impacting the growth of OTN in North American market. The escalating capacity demand and upsurge in the bandwidth, growing number of households using the internet and solving SONET/SDH network issues are the motivating factors driving the optical transport network market. The dip in the Y-o-Y of the OTN market in North America can be justified by the maturing market conditions in the region. North America being the pioneer in adopting and innovating newer technologies is expected to become intensely exhaustive market place for OTN service providers, due to which the region is expected to witness sturdy growth during the forecast period.

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The rapid increase in internet users, both at home and at work, has created a new level of bandwidth demand in the network world. Because of the rising usage of online gaming, social networking, video chatting, and many other real-time streaming activities, there has been a large uptake among residential users.

Optical Transport Network (OTN) Market: Segmental Overview
One of the main reasons for the rising traction of the optical transport network market is that it provides smooth data transfer and eliminates latency difficulties. According to recent statements by service providers, corporations, and suppliers, the adoption of 100G systems is gaining steam in response to increased bandwidth demand.

Furthermore, corporate clients, particularly financial corporations and government entities, have witnessed a significant growth in bandwidth requirements. Furthermore, because to the rising pressure on present networks, companies have found it challenging to implement and operate their sophisticated systems. Latency, bandwidth limitation, robust management, transparent client signals, greater scalability, and global acceptability as a standard are all challenges that the current Synchronous Optical Network (SONET)/ Synchronous Digital Hierarchy (SDH) networks have. As a result, the adoption of optical transport network is increasing gradually across the globe..

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Deployment of coherent 100G ports doubled from that of the previous year. 2017 seems to bring even more rapid change, as Huawei and ZTE use new component technologies and the deployment of 100G moves to the regional level. Chinese optical equipment spending continued to surge, with a year-on-year growth of 20%, as coherent 100G deployment marched forward. Chinese equipment companies anticipate further growth through 2017, with an acceleration in metro WDM deployment next year. Also, development in infrastructure of china including optical networking projects are driving OTN market in the country. More than 120 million households in China is enjoying fiber broadband connections.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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