[342 Pages Report] The global demand for optical transport network equipment is expected to rise with a CAGR of 14% per year to US$ 17.5 million in 2022, supported by:
Report Attribute | Details |
---|---|
Optical Transport Network Equipment Market Value (2022) | US$ 17.5 Million |
Optical Transport Network Equipment Market Anticipated Forecast Value (2032) | US$ 42.3 Million |
Optical Transport Network Equipment Market Projected Growth Rate (2022-2032) | 9.2% |
Additionally, the market is being offered growth opportunities through the rapid development of new technologies, the rapid growth of Ethernet services, and the increasing use of social media. In addition to serving in the video, voice, and storage applications, OTN equipment facilitates handling Ethernet transparently, which enables better operations, administration, maintenance & provisioning management, and service transparency.
Today, the use of social media is increasing due to the use of smartphones. This has led to an increase in the adoption of OTN technology through webcasting, video conferencing, and online gaming. The high initial costs and a lack of OTN standards can hamper the market growth. Modern technologies such as 40G to 100G can speed up data transfer and handle data traffic, but these technologies require a lot of investment.
Furthermore, corporate clients have seen an increase in bandwidth requirements due to the increasing strain on existing networks, particularly financial institutions and government agencies. In addition, businesses have found it increasingly difficult to implement and operate their sophisticated systems because of the increasing strain on existing networks.
Two of the opportunities in the global market for optical transport networks can be attributed to the introduction of advanced technologies and the Nexgen optical transport network.
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It is expected that the high initial investment will pose a major challenge to the optical transport network equipment market during the forecast period. Customers such as telecommunications providers and data center providers are experiencing a significant increase in data consumption. This will result in an increased demand for OTN equipment in the future. The fast-growing traffic, however, requires a comprehensive set of technologies and services, such as LTE/long-term evolution-advanced (LTE-A), big data, Internet of Things, and cloud computing, to keep up with the rapid growth of traffic.
OTN solutions indeed offer increased bandwidth and low latency using WDM technologies, but these solutions can be quite expensive for some customers. As a result of the high capital investment, customers must spend a great deal of money replacing the entire network transport hardware.
The high capital investment results in a long payback period for the investment. As well the fact that the deployment of these projects takes years, particularly in the telecom industry, customers often give them to vendors at a very competitive price. Consequently, it is expected that the substantial initial investment required to deploy OTNs may inhibit the growth of the global market for OTN equipment.
As part of this cluster of regional markets led by countries such as Australia, India, and South Korea, China will continue to be one of the fastest growing. The Asia-Pacific market is predicted to reach US$7.2 Billion by 2027, while Latin America will grow at 15.1% over the same period.
Partnerships, Collaborations, and Agreements:
Mergers and Acquisitions:
With ever-rising traffic over the internet, telecommunication providers are struggling to develop new ways to deal with it which is anticipated to increase the demand for optical transport network equipment during the forecast period.
The optical transport network equipment helps the telecommunication providers to achieve their objective of providing better services in addition to reducing their cost of ownership which is likely to rise in the optical transport network equipment market share.
As a result, the optical transport network equipment market size is anticipated to witness healthy growth rates in the near future as it is a technique to wrap all the digital traffic from multiple services onto optical light paths and at the same time preserve customer, timing and management information.
This enhances the capability of transport networks to carry various data traffic types such as Ethernet, digital video, storage and many more over a single optical frame which is likely to boost the adoption of optical transport network equipment in the market.
The optical transport network equipment are widely used for supervision, transport movements, switching and multiplexing led to an increase in the sales of optical transport network equipment in recent year.
It helps to frame all the data and share them with a single network system in which it is attached or communicated. These factors are useful to detect the data for future work, which is likely to rise in the adoption of optical transport network equipment in the forthcoming year.
The optical transport network equipment market growth is likely to enlarge high as the equipment collects all the relevant information without affecting the transport network as it is transparent and monitors the information from a distance.
With the advancements in technologies, telecom industries are experiencing heavy demand for optical transport network equipment due to rising internet and increasing smartphone penetration all around the globe during the forecast period from 2022 to 2032.
The networks are becoming more complex to fulfil the daily requirements of voice, data and video requirements of the customers, and the innovation of the equipment is likely to increase the optical transport network equipment market future trends in the coming year.
As a result, optical transport networking provides a much more efficient way of transporting information for telecom providers with clear data, which is anticipated to increase the sales of optical transport network equipment in the forthcoming year.
In addition, the adoption of optical transport network equipment offers various advantages, such as flexibility, cost-effectiveness, better monitoring and management, and highly secured services with improved reliability.
As a result, the demand for optical transport network equipment by telecommunication providers is expected to rise exponentially, which will pave the way for healthy growth rates shortly.
However, the possibility of failures, high costs involved, and lack of awareness about optical transport network equipment are the primary reasons that can restrain the optical transport network equipment market growth as per the optical transport network equipment market survey.
North America leading the optical transport network equipment market size by acquiring 34.4% of the share in the optical transport network equipment share during the forecast period from 2022 to 2032.
Due to rising IoT with a digital presence all around the globe, North America hold the highest revenue and lion’s share in the optical transport network equipment market key trends & opportunities
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The Europe region stood in the second position in the optical transport network equipment market growth acquiring 18.7% of the share in the optical transport network equipment market statistics during the forecast period from 2022 to 2032.
With rising the adoption of the online platform, the region also connects with the IoT with the smart automated systems which are supposed to enlarge the Europe optical transport network equipment market trends in the coming year.
The key industry that is driving the key trends of the optical transport network equipment market during the forecast period. The increasing high speed of broadband is the primary factor in the growth of optical transport network equipment market key trends.
Recently, the china mobile company and Huawei dealt as a partner to enlarge the optical cable network. They want it to be built as the largest green optical network in Macao and Hong Kong areas. Bharti Airtel also dealt with Huawei for INR 3 Billion in February 2022 to upgrade the National Long Distance.
The key vendors in the global Optical transport network equipment market are Ciena Corporation, Cisco, Coriant, FUJITSU, Huawei Technologies Co., Ltd., Infinera Corporation, Nokia, and ZTE Corporation.
All key players are prominent leaders in the optical transport network equipment market future trends as they are likely to boost the strategies and innovate ideas to expand the optical transport network equipment market size.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 9.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016-2021 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
The optical transport network equipment market is supposed to advance at a CAGR of 9.2% through 2032.
The North American region is set to hold an optical transport network equipment market share of 34.4% by 2032.
The optical transport network equipment market is likely to expect US$ 17.5 Million in 2022.
The optical transport network equipment market is expected to account for US$ 42.3 Million by 2032.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Technology
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Technology, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Technology, 2022-2032
5.3.1. Wavelength Division Multiplexer
5.3.2. DWDM
5.3.3. Others
5.4. Y-o-Y Growth Trend Analysis By Technology, 2017-2021
5.5. Absolute $ Opportunity Analysis By Technology, 2022-2032
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End User
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End User, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End User, 2022-2032
6.3.1. Communication Service Providers
6.3.2. Government
6.3.3. Others
6.4. Y-o-Y Growth Trend Analysis By End User, 2017-2021
6.5. Absolute $ Opportunity Analysis By End User, 2022-2032
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Technology
8.2.3. By End User
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Technology
8.3.3. By End User
8.4. Key Takeaways
9. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Technology
9.2.3. By End User
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Technology
9.3.3. By End User
9.4. Key Takeaways
10. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. U.K.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Technology
10.2.3. By End User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Technology
10.3.3. By End User
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Malaysia
11.2.1.5. Singapore
11.2.1.6. Australia
11.2.1.7. New Zealand
11.2.1.8. Rest of APAC
11.2.2. By Technology
11.2.3. By End User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Technology
11.3.3. By End User
11.4. Key Takeaways
12. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Technology
12.2.3. By End User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Technology
12.3.3. By End User
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Technology
13.1.2.2. By End User
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Technology
13.2.2.2. By End User
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Technology
13.3.2.2. By End User
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Technology
13.4.2.2. By End User
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Technology
13.5.2.2. By End User
13.6. U.K.
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Technology
13.6.2.2. By End User
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Technology
13.7.2.2. By End User
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Technology
13.8.2.2. By End User
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Technology
13.9.2.2. By End User
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Technology
13.10.2.2. By End User
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Technology
13.11.2.2. By End User
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Technology
13.12.2.2. By End User
13.13. Malaysia
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Technology
13.13.2.2. By End User
13.14. Singapore
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Technology
13.14.2.2. By End User
13.15. Australia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Technology
13.15.2.2. By End User
13.16. New Zealand
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Technology
13.16.2.2. By End User
13.17. GCC Countries
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Technology
13.17.2.2. By End User
13.18. South Africa
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Technology
13.18.2.2. By End User
13.19. Israel
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Technology
13.19.2.2. By End User
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Technology
14.3.3. By End User
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Ciena Corporation
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Cisco
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Coriant
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. FUJITSU
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Huawei Technologies
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Infinera Corporation
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Nokia
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. ZTE Corporation
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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