Optical Transport Network Market worth $23.64 Billion by 2019
The report “Optical Transport Network Market by Technology (WDM, DWDM), by Components (Optical Switch, Optical Packet Platform), by Services (Network Design, Network Support), by End User, by Regions - Worldwide Market Forecast and Analysis (2014 - 2019)” segments the global market into various sub-segments with in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with insights into trends, opportunities, and challenges.
Browse 79 market data tables and 45 figures spread through 146 pages and in-depth TOC on “Optical Transport Network Market by Technology (WDM, DWDM), by Components (Optical Switch, Optical Packet Platform), by Services (Network Design, Network Support), by End User, by Regions - Worldwide Market Forecast and Analysis (2014 - 2019)”. http://www.marketsandmarkets.com/Market-Reports/optical-transport-network-market20669511.html Early buyers will receive 10% customization on reports. The increased demand of bandwidth from both residential and business customers is playing a major role in shaping the future of the optical transport network market. As the communication industry is booming with the increased use of internet by the residential customers for online gaming, video chatting, social media, and online shopping the requirement of bandwidth for the metros and urban cities have significantly enhanced. Similarly in the business customers segment also the use of bandwidth has increased especially by the financial and government organizations. The network providers and networking equipment manufacturers are obliged to support a huge digital traffic flowing over the networks. The increasing usage of application through personal computers as well as mobiles has overloaded the current networks. Moreover the both Synchronous Optical Network/ Synchronous Digital Hierarchy (SDH/SONET) networks are unable to withstand such huge bandwidth requirements. However, Optical Transport Network (OTN) has come up as a huge success in the present scenario, as it can easily support high bandwidth. The technologies used in OTN (Wavelength Division Multiplexing (WDM) for Metros and Dense Wavelength Division Multiplexing (DWDM) for long haul) enables OTN to overcome the bandwidth limitations of SONET/SDH. OTN is rapidly gaining traction in metros with the deployment of its 100Gbps line. The initial deployment cost is a major restrain for this market but the high bandwidth requirements by the enterprises and government organizations are pushing the OTN market. Some of the major advantages unfolding higher traction for this market are the transparent client signal, minimal latency, robust management, better scalability, and global acceptance as a standard.