Global Optical Transport Networks Market Overview:
In the past, global data traffic was transported over networking protocols such as Synchronous Digital Hierarchy (SDH) and Synchronous Optical Networking(SONET) which is being transported through Wavelength Division Multiplexing (WDM) techniques recently. Growing internet applications across the globe and increasing need for high-speed internet have escalated the demand for establishing highly advanced networks which are capable of providing maximum bandwidth. The optical transport networks (OTN) are the networks designed and installed with the help of optical networking equipment such as optical fiber cables, optical switches, optical interfaces, and many others. However, higher initial investments and complex & expensive post-installation maintenance might stagnate the demand for OTNs. Some of the key players profiled in the study are ADTRAN, Inc. (United States), ADVA Optical Networking SE (Germany), Alcatel-Lucent S.A. (France), Aliathon Ltd. (United States), Ciena Corporation (United States), Cisco Systems, Inc. (United States), Fujitsu Ltd. (Japan), Huawei Technologies Co. Ltd. (China), Infinera Corporation (United States) and ZTE Corporation (China). According to Market Analyst at AMA, the Global Optical Transport Networks market may see a growth rate of 13.65% and would reach the market size of USD25.91 Million by 2024.
On the basis of geography, the market of Optical Transport Networks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North Amercia region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Wavelength Division Multiplexing (WDM) will boost the Optical Transport Networks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Network design and optimization services will boost the Optical Transport Networks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Optical Switch will boost the Optical Transport Networks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Communication Service Providers and Network Operators will boost the Optical Transport Networks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Requirement for High-Speed Telecommunication Networks
- Upsurging Uses of Internet in Residential Applications
- Introduction to Optical Transport Networks to Support Massive Capacity Services
- Newly Launched Optical Transport Networks enabled with Private Partitioning of OTN-Switched Network
- Comparatively Higher Initial Investments in Installing Optical Transport Networks
- Significant Expenses are required in Post Purchase Maintenance
- Robustly Increasing Internet Infrastructure across the Globe especially in Emerging Economies
- Continues Technological Advancements and Research and Development Activities in Telecommunication Network Development
- Use of Glass in Optical Fibre Manufacturing makes them More Fragile
Major Market Developments:
On 21 May 2019, ADVA has introduced open and ultra-high-capacity FSP 3000 TeraFlex terminal which enables existing optical networks to carry up to 30 times more traffic. By empowering communication service providers (CSPs) to boost capacity without major upgrades to the optical line system (OLS), the enhanced technology addresses the urgent need for more bandwidth despite significant space and cost constraints.
On October 12, 2017, a leading provider of next-generation open networking solutions, "ADTRAN Inc." has introduced its environmentally sealed, 10G-EPON virtual Remote-OLTs (virtual R-OLTs); which will further broaden its software-defined access portfolio. These new elements provide cable MSOs the ability to further execute on their 10Gbps FTTH and SD-Access strategies, while seamlessly integrating into existing DOCSIS back-office provisioning and operational systems.
Optical Transport Networks Providers, Optical Transport Networks Equipment Manufacturers, Optical Transport Networks Equipment Distributors and Traders, Government Agencies, Telecommunication Industry Associations, Research and Development Institutes and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Optical Transport Networks market on the basis of product  , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Optical Transport Networks market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Optical Transport Networks industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Britestream Networks, Inc. (United States), Alloy Computer Products (United States) and Advanced Micro Devices Inc. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Optical Transport Networks market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.