Optical Transport Network Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global optical transport network market size reached US$ 21.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.2 Billion by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2022-2028.
An optical transport network (OTN) refers to an industry-standard protocol that provides the functionality of signal transport, signal multiplexing, routing, management, and supervision of the client’s data. It includes a set of optical network elements connected via optical fiber links. The advanced multiplexing efficiency of OTN enables the transportation of various traffic types, such as ethernet traffic, multimedia traffic, and various IP-based services. It also offers reliable error correction mechanisms, service transparency for client signals, asynchronous mapping, simplified network design, and reduced deployment costs. As a result, OTN is widely adopted across various sectors, including IT and telecom, healthcare, government, BFSI, etc.
The growing telecommunication sector coupled with the expansion of digital traffic based on multimedia services, social media, VoIP, mobile applications, and cloud computing, is primarily driving the market for OTN. Furthermore, the rising demand for higher bandwidth-based applications for faster and reliable services across the government and financial sectors is also propelling the market growth. The escalating shift from Synchronous Optical Networking (SONET)/ Synchronous Digital Hierarchy (SDH) networking towards optical transport network based on its high-capacity multiplexed applications over multi-domains is further augmenting the market. Additionally, the increasing development of wireless infrastructures along with the emergence of 5G mobile network services has created substantial growth opportunities for the OTN market. Furthermore, the growing adoption of 5G services for Internet-of-Things (IoT)-based solutions, virtual/augmented reality, and autonomous vehicle management is also propelling the market growth. Moreover, the rising penetration of cloud-based services along with their software-centric network paradigm has enabled the telecom vendors to focus on several service innovations.
The outbreak of the COVID-19 pandemic has also had a positive impact on the optical transport network market due to the rising prevalence of remote working. As a result, there is an increasing demand for higher bandwidth applications for faster and secured services, which is currently driving the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global optical transport network market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on technology, component, service and end use sector.
Breakup by Technology:
WDM
Up to 10 Gbps
10 Gbps
40 Gbps
100 Gbps
More Than 100 Gbps
DWDM
Up To 10 Gbps
10 Gbps
40 Gbps
100 Gbps
More Than 100 Gbps
Others
Breakup by Component:
Optical Switch
Optical Transport
Optical Packet
Breakup by Service:
Network Design and Optimization
Network Maintenance and Support Services
Breakup by End Use Sector:
IT and Telecom
Healthcare
Government
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Alloy Computer Products, Adtran Inc., ADVA Optical Networking SE, Advanced Micro Devices Inc., Ciena Corporation, Cisco Systems Inc., Huawei Technologies Co. Ltd., Fujitsu Ltd. (Furukawa Group), Infinera Corporation, Nokia Oyj and ZTE Corporation.
Key Questions Answered in This Report:
How has the global optical transport network market performed so far and how will it perform in the coming years?
What is the impact of COVID-19 on the global optical transport network market?
What are the key regional markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the component?
What is the breakup of the market based on the service?
What is the breakup of the market based on the end use sector?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global optical transport network market and who are the key players?
What is the degree of competition in the market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Optical Transport Network Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Technology
- 6.1 WDM
- 6.1.1 Market Trends
- 6.1.2 Major Types
- 6.1.2.1 Up To 10 Gbps
- 6.1.2.2 10 Gbps
- 6.1.2.3 40 Gbps
- 6.1.2.4 100 Gbps
- 6.1.2.5 More Than 100 Gbps
- 6.1.3 Market Forecast
- 6.2 DWDM
- 6.2.1 Market Trends
- 6.2.2 Major Types
- 6.2.2.1 Up To 10 Gbps
- 6.2.2.2 10 Gbps
- 6.2.2.3 40 Gbps
- 6.2.2.4 100 Gbps
- 6.2.2.5 More Than 100 Gbps
- 6.2.3 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 7 Market Breakup by Component
- 7.1 Optical Switch
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Optical Transport
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Optical Packet
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Service
- 8.1 Network Design and Optimization
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Network Maintenance and Support Services
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by End Use Sector
- 9.1 IT and Telecom
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Healthcare
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Government
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Alloy Computer Products
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Adtran Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 ADVA Optical Networking SE
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Advanced Micro Devices Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Ciena Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Cisco Systems Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Huawei Technologies Co. Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 SWOT Analysis
- 14.3.8 Fujitsu Ltd. (Furukawa Group)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Infinera Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Nokia Oyj.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 ZTE Corporation
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
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