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.
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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.
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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.
Optical Transport Network Equipment Market Scope |
|
Report Coverage |
Details |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.91% |
Market growth 2024-2028 |
USD 5.54 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.58 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 36% |
Key countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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
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