Optical Transport Network Global Market 2024 – By Size, Share, Trends, Demand, Forecast To 2033 | Huawei Technologies Co Ltd., Cisco System Inc., Fujistu Inc

Optical Transport Network

The optical transport network market size is expected to see rapid growth in the next few years. It will grow to $37.75 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%.  The growth in the forecast period can be attributed to increasing bandwidth demand, 5G network deployments, edge computing growth, Internet of things (IoT) expansion, network virtualization and SDN/NFV. Major trends in the forecast period include evolving optical technologies, interconnectivity demand, automation and orchestration, network convergence, enhanced security protocols.

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Segmentation & Regional Insights
The optical transport network market covered in this report is segmented –

1) By Component: Optical Switch, Optical Packet platform
2) By Technology: WDM, DWDM
3) By Application: IT and Telecom, Healthcare, Government, Other End-User Verticals

North America was the largest region in the optical transport network market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical transport network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rapid growth of IP and ethernet is expected to propel the growth of the optical transport network market. Factors contributing toward growth in IP and ethernet sector include strong growth in wireless communication protocols, increasing adoption of secured network protocols by enterprises, and rapid growth in internet services across the globe. The rapid growth in IP and ethernet is expected to increase the demand for the optical transport network, as they act as a vital component in the transportation of IP packets. For instance, in May 2022, a study by Sweden-based communication device company, HMS Networks concludes that the industrial network market will grow by 8% in 2022, accounting for industrial ethernet growth to be the highest at 66%. Therefore, the rapid growth of IP and ethernet is expected to boost demand for optical transport network during the forecast period.

Key Industry Players
Major companies operating in the optical transport network market report are Huawei Technologies Co Ltd., Cisco System Inc., Fujistu Inc., Telefonaktiebolaget LM Ericsson, Nokia Corporation, Alcatel Lucent SA, NEC Corporation, ZTE Corporation, FiberHome Telecommunication Technologies Co Ltd., Ciena Corporation, Coherent Corp, Infinera Corporation, Coriant GmbH Co KG, ECI Telecom Ltd., Tellabs Inc., Acacia Communications Inc., ADVA Optical Networking SE, Oplink Communications Inc., Ekinops S.A., Inphi Corporation, Cyan Inc., PacketLight Networks Ltd., MRV Communications Inc., Xtera Communications Inc., Sorrento Networks Corp, Transmode Ltd., Oclaro Inc., Optelian, BTI Systems Inc., MACOM Technology Solutions Holdings Inc., Applied Optoelectronics Inc., Lumentum Holdings Inc., Juniper Networks Inc., Viavi Solutions Inc, Arista Networks Inc., EXFO Inc.

The optical transport network market report table of contents includes:
1. Executive Summary
2. Optical Transport Network Market Characteristics
3. Optical Transport Network Market Trends And Strategies
4. Optical Transport Network Market – Macro Economic Scenario
5. Global Optical Transport Network Market Size and Growth
………………………………….
32. Global Optical Transport Network Market Competitive Benchmarking
33. Global Optical Transport Network Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Optical Transport Network Market
35. Optical Transport Network Market Future Outlook and Potential Analysis
36. Appendix

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