Optical Transport Network (OTN) defines as a set of Optical Network Element, which is connected by optical fiber links, able to provide functionality of transport, multiplexing, switching, management, supervision and survivability of optical channels carrying client signals. Due to increasing conjunction in the mobile network and increasing need of faster communication helps the optical transport network to grow significantly. Optical Transport Network (OTN) are used in various applications like video, voice, and storage. They are also used for supporting higher data transfer rates, thus allowing carriers to scale swiftly to support the tremendous growth of data traffic on their networks. Global Optical Transport Network Market has been valued at US $XX million in the year 2015 which is expected to grow at US $XX million by the end of forecasted period with the CAGR of XX%.
Segmentation by Technology: WDN, DWDN
Segmentation by Services: Network Design, Network Support
Segmentation by Component: Optical Switch, Optical Packet Platform
Segmentation by End User: IT and Telecom, Healthcare, Retail, Government and among others.
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North America is dominating the market of Optical Transport Network Market with the market share of XX%. Continued growth in mobile data traffic and the projected growth in data center-driven WAN traffic are few factors, which is driving the market. Heavy investment in R&D sector from the major players in this region is also helping the market to grow. North America OTN Market has been valued at US $XX million in the year 2015 which is expected to reach US $XX million by the end of forecasted period. Europe holds XX% of OTN Market with market share of XX%. Asia-Pacific has rich presence of various telecom industry where optical transport network is being deployed. Increase cloud services are one of key factor, which is supporting the market in this region. This market has been valued at US $XX million in the year 2015 which is growing with the CAGR of XX% and expected to grow at US $XX million by end of forecasted period.
The key players in the market of Optical Transport Network are- Alcatel-Lucent SA (France), Ciena Corp. (U.S.), Fujitsu Ltd. (Japan), Huawei Technologies Co. Ltd. (China), ADTRAN (U.S.), ADVA Optical Networking (Germany), ZTE Corp. (China), Cisco System Inc. (U.S.), Infinera (U.S.), ECI Telecom Ltd. (Israel) among others.
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Study Objective of Optical Transport Network Market
The report for Global Optical Transport Network Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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