Optical Transport Network Equipment Market size to increase by USD 5.54 billion during 2023-2028, Growing mobile data traffic to drive the growth - Technavio

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- The optical transport network equipment market size is expected to grow by USD 5.54 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of 3.91% during the forecast period. The market is segmented by Technology (WDM and SONET/SDH), End-user (Communication service providers, Enterprises, Public sector, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).

The Optical Transport Network Equipment Market is driven by the escalating mobile data traffic, emphasizing the necessity for robust infrastructure. Wavelength Division Multiplexing (WDM), Synchronous Optical Networking (SONET), and Dense Wavelength Division Multiplexing (DWDM) technologies play significant roles. Optical Add-Drop Multiplexers (OADM), Optical Line Terminals (OLTs), and Fiber Optic Cables, along with Optical Amplifiers, Optical Switches, Optical Transceivers, and Optical Fiber Connectors, fortify network capacity. Efficient Transport Management Systems (TMS) harmonize and optimize these elements, catering to the increasing data demand.

The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a Free PDF Sample 

Key Highlights:

• The report recognizes the following as some of the key players in the optical transport network equipment market: Adtran Holdings Inc., ADVA Optical Networking SE, Aliathon Technology, Ciena Corp., Cisco Systems Inc., Deutsche Telekom AG, Ekinops SA, FiberHome Telecommunication Technologies Co. Ltd., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinera Corp., Juniper Networks Inc., Mitsubishi Electric Corp., NEC Corp., Padtec Holding S.A., Ribbon Communications Inc., Tejas Network Ltd., Telefonaktiebolaget LM Ericsson, Yokogawa Electric Corp., and ZTE Corp.
• Optical Transport Network Equipment Market is fragmented in nature.
• Market to observe 3.58% YOY growth in 2024.

Market Dynamics:

Trend

The prevailing trend in the Optical Transport Network Equipment Market involves the fusion of AI and machine learning (ML) into optical transport network equipment, revolutionizing operations. Integrating Photonic Integrated Circuits (PIC), Coherent Optics Technology, and Fiber Channel Protocol enhances network intelligence. Packet Optical Transport Systems (P-OTS), Submarine Optical Cable Systems, and Optical Cross-Connects (OXC) benefit from AI advancements. Erbium-Doped Fiber Amplifiers (EDFA), Roadm (Reconfigurable Optical Add-Drop Multiplexer), and Optical Performance Monitoring (OPM) leverage ML, powered by Digital Signal Processors (DSP), facilitating agile and adaptive network functionalities.

Challenge

The primary challenge in the Optical Transport Network Equipment Market lies in the absence of standardized protocols, hindering interoperability. The divergence in Optical Transport Network (OTN) standards impacts Cloud-Optimized Optical Transport Network Systems and Optical Channel Networks (OCN). This disparity affects Optical Transport Network Routers, Optical Transport Network Switches, and Optical Transport Network Gateways, impeding seamless integration with Optical Network Management Software and Network Management Systems (NMS). Standardization gaps also affect Optical Network Terminals (ONTs) and Optical Network Units (ONUs), impeding unified network deployment and management.

The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing the report

Keg Segments:

The WDM segment will be significant during the forecast period. The WDM segment's growth is spurred by China's broadband infrastructure investments, focusing on 100G fiber-optic Internet connections. Anticipated demand for 200 Gbps networks and flexible modulation line cards, capable of 100 Gbps or higher transmission, will rise. Metro WDM, driven by service upgrades to 200 Gbps and 400 Gbps, legacy system replacements, and enterprise data center interconnections, will boost WDM demand, driving the global optical transport network equipment market growth during the forecast period. Get a glance at the market contribution of the segments, Request a Sample Report

The Mobile Communication Antenna Market size is estimated to grow at a CAGR of 4.36% between 2023 and 2028. The market size is forecast to increase by USD 1,632.52 million.

The optical network hardware market is estimated to grow at a CAGR of 7.43% between 2022 and 2027. The size of the market is forecast to increase by USD 6,074.53 million.

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Technology

Market Segmentation by End-user

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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