The global optical transport network market is expected to grow at a significant CAGR during the forecast period. An optical transport network is commonly known as a digital wrapper, is a next-generation industry-standard protocol for multiplexing various services onto optical light channels in an efficient and global acceptable way. It is a collection of optical network devices connected by optical fibre cables and capable of transporting, multiplexing, switching, managing, monitoring, and maintaining optical channels carrying client signals. The network service providers deal with the ever-growing issue of user growth and increased digital traffic via mobile apps, social media, cloud computing, and video calling. As a result, technical solutions like optical transport networks are becoming increasingly important.
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The global optical transport network (OTN) market is growing due to increased internet penetration, rising need for high-speed data networks, and rising usage of smart electronic devices. According to World Bank Organization, global internet penetration in 2020 is around 63.2 %, compared to 51.4 % in 2019. With the rising usage of mobile networks, a new level of bandwidth is required to keep up with the increased communication traffic. Multimedia services, mobile apps, social media, VoIP, and cloud computing are all driving an increase in digital traffic, and the telecommunications sector and service provider networks are rapidly growing. There is also an ever-increasing number of bandwidth apps. As a result, the increase in digital traffic will benefit the global market for optical transport networks.
In January 2019, the Infinera 7100 PSX-3S platform has been introduced to Infinera’s range of metro packet-optical solutions. The 7100 PSX-35 allowed cost-effective access and accumulation of a variety of metro traffic types that include high-speed Ethernet and 10 GB/s and 100 GB/s wavelength-division multiplexing (WDM).
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Market Coverage
- Segment Covered
- Competitive Landscape- Alloy Computer Products, Adtran Inc., ADVA Optical Networking SE, Advanced Micro Devices Inc., and Infinera Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Optical Transport Network Market by Segments
Global Optical Transport Network (OTN) Hardware Market by Component
- Optical Switch
- Optical Transport
Global Optical Transport Network (OTN) Hardware Market by End-User
- Telecom
- Government
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