New Report on Global Optical Transport Network Equipment Industry 2017 at Market Research Nest

MarketResearchNest.com adds “Global Optical Transport Network Equipment Market 2017-2021” new report to its research database. The report spread across 112 pages with table and figures in it.
Research analysts forecast the global optical transport network equipment market to grow at a CAGR of 21.68% during the period 2017-2021.

About Optical Transport Network Equipment
OTN is a set of network elements that are connected using optical fiber links. This network provides functions, including the data transportation, switching, multiplexing, supervision, management, and monitoring of client channels carrying client signals. The network is defined by the G.709 interface of the International Telecommunication Union (ITU). This interface has made it possible to provide a network-wide framework, adding similar features such as SONET/SDH to WDM equipment. An OTN uses different technologies such as WDM and SONET/SDH and allows the passing of data packets from the source to the recipient, along minimum-hop transmission paths. These routers are connected through optical interfaces, offering bandwidth speeds up to 100 Gbit/s over distances of around 40 km. These interfaces have created a transparent, hierarchical network that can be used for both WDM devices and time-division multiplexing (TDM) devices. The carriers in the market are on the lookout to reduce the capital expenditure (CAPEX) while adjusting and addressing the changes in the traffic type and the increased traffic over the network. The OTN control plane, based on generalized multiprotocol label switching (GMPLS), automates many of the functions of the OTN.

Covered in this report
The report covers the present scenario and the growth prospects of the global optical transport network equipment market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.

Browse full table of contents and data tables at https://www.marketresearchnest.com/global-optical-transport-network-equipment-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Optical Transport Network Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

"Technavio Announces the Publication of its Research Report – Global Optical Transport Network Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global optical transport network equipment market: Ciena, Cisco Systems, Coriant, FUJITSU, Huawei Technologies, Infinera, Nokia (Alcatel-Lucent), and ZTE.

Other Prominent Vendors in the market are: ADTRAN, ADVA Optical Networking, BTI Systems (Juniper Networks), ECI TELECOM, Ericsson, and NEC Technologies.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing applications of the IoT. The IoT is the latest trend in the global technology arena. It is connecting all essential home devices to the Internet. It basically means that all the electronic gadgets can be interconnected and, hopefully, in the near future, will be able to interact among themselves. All the major gadget makers, such as SAMSUNG, Dell, Apple, and Microsoft, have dedicated considerable resources for the R&D of the IoT. Due to this, the future households will have a lot of connected nodes and appliances that are interconnected wirelessly so that they can together sense the surrounding environment and act accordingly. The increasing applications of the IoT will require OTNs that have the capacity and capability to support high bandwidths. Devices will be able to communicate with each other and bring further optimization to the experience of the users. This optimization can make the applications more convenient to the end-user.

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According to the report, one of the major drivers for this market is Migration to the WDM architecture. OTNs have started migrating to WDM architecture from the SONET and SDH technologies over the last couple of years. The deployment of WDM systems by carriers is benefiting them largely as such systems are able to tap into enormous capacities by carrying multiple wavelengths over a single optical fiber. This has allowed carriers to make significant cost reductions over the cost of deploying single-channel networks or the cost of overlaying multiple networks for each service offering. The benefits of such systems include fault detection, performance monitoring, and the isolation of the wavelength. In the early stages of implementation, many of these features were missing or were not implemented properly by the WDM equipment vendors. Once these issues are resolved by the vendors, the actual benefits of such systems will be realized. Thus, the migration to the WDM architecture is expected to fuel the demand for OTN equipment during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is High initial investment. Customers such as telecommunication providers and data center providers are finding a significant surge in the data consumption, which increases the requirements for OTN equipment. However, the fast-growing traffic requires the adoption of newer technologies and services such as LTE/long-term evolution-advanced (LTE-A), big data, IoT, and cloud computing. Although OTN solutions support the increase in bandwidths and low latency using the WDM technologies, such solutions are expensive for many customers. Customers need to spend a lot of money in replacing the entire network transport hardware. Hence, such customers need to identify the return on investment based on the high capital investments.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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