Optical Transport Network Market, By Technology (WDM, DWDM, Other Technologies), By Offering (Service, Network Maintenance and Support, Network Design, Component, Optical Transport, Optical Switch, Optical Platform), By End-User Vertical z(IT and Telecom, Healthcare, Government, Other End-user Verticals), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
All in all, OTN technology shows both a technical leap forward in optical networking over SONET/SDH and a business chances for carriers and service suppliers alike. OTN networks can fully leverage the transport infrastructure in the era of data/transport convergence by providing carriers unprecedented architectural flexibility, client-protocol independence, and service differentiation. OTN network has come of age and will positively continue to rise as traffic necessity grows.
Market Dynamics:
The degree of urbanization is also fueling the need for internet penetrations. For instance, as per Population Reference Bureau, the share of urbanization in North America held for 82% in 2021, after 79% from Latin America and the Caribbean, 75% from Europe, 52% in Asia, and 25% in Oceania. Technological developments is a main trend gaining popularity in the optical transport network market. Major companies operating in the optical transport network market are aiming on offering technologically-developed solutions to fulfil end-customer needs and reinforce their market position.
On Contrary, Ethernet is now being regarded a valuable choice for mobile transport, accessibility, and metro networks as OTN are only serving the purpose of huge bitrate long-haul transport. Moreover, as Ethernet today also comprises FEC, it may replace OTN in the future for long-haul if IEEE chooses to state long-haul Ethernet interfaces.
Key features of the study:
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