Overview
The global optical transport network market expected to register a
CAGR of 8.53% during the forecast period.
Nowadays, the healthcare sector is generating and sharing information through a
digital mode. For instance, information from transmitting full-body MRI images
and videos related to consultations healthcare networks must work at higher
speeds to deliver critical services. The healthcare sector is adopting optical
networking and Ethernet infrastructure for better transformation of data. The
new digital and mobile healthcare initiatives are driving massive data storage
requirements and creating unpredictable bandwidth demands. The Optical
Transport Network is deploying the next generation of Electronic Medical
Records (EMRs) to capture data. Also, eHealth technologies improve clinical
operations and enable providers to integrate data for better data
transformation. The optical networking and Ethernet provide deployment
flexibility so that healthcare providers can increase their use as their
bandwidth demands increase over the period.
Regional Analysis
The geographic analysis of
the optical transport network (OTN) market has been conducted for North
America, Europe, Asia-Pacific, and the Middle East & Africa, and South
America.
Globally, North America
dominates the OTN market accounting for the highest market share, owing to the
increasing application of wavelength division multiplexing across various
industries in the region. Asia-Pacific is anticipated to grow at a fast pace
during the review period due to the rapid growth of IP & Ethernet
monitoring services. Further, the rapid economic growth in major countries such
as China, Japan, India, and the adoption of optical transport networks by SMEs
and large enterprises across verticals are the key factors driving the growth
of the optical transport network market in the region.
Get a
Sample @ https://www.marketresearchfuture.com/sample_request/1591
Asia-Pacific has been
categorized into five segments—China, Japan, India, South Korea, and the rest
of Asia-Pacific. Asia-Pacific is expected to be the fastest-growing market
between 2018 and 2025. This is attributed to the presence of active players in
China, Japan, South Korea, Taiwan, India, and South-East Asia. The companies
active in the Asia-Pacific optical transport network market are ZTE (China),
Tejas (India), NEC Corporation (Japan), Mitsubishi Electric (Japan), Huawei
(China), Fujitsu (Japan), Fiberhome (China), and others. China accounted for
the largest market share of 28.96% in 2018 and is projected to record the highest
CAGR of 14.2% during the forecast period. Japan is projected to register a CAGR
of 12.9% during the forecast period.
The optical transport
network market in the US is projected to grow at a substantial rate mainly due
to the presence of key market players such as Huawei Technologies Co., Ltd.,
Infinera, Advanced Micro Devices, Inc., and Ciena Corporation. Factors driving
the US market growth are the presence of a large number of network device
manufacturers and solution providers in the region, an increasing number of
data centers, and adoption of OTN technology by telecom operators. With the
provision of extended bandwidth of up to 100 Gigabits per second, Huawei’s DWDM
technology-based solution is attracting more and more telecom network
operators.
Europe was the
second-largest among the global OTN market year ending 2018. The market in
Europe has been segmented into Germany, the UK, France, and the rest of Europe.
The market size for Optical Transport Network is expected to reach USD 12.73
billion by 2025 at a CAGR of 12.0% during the forecast period. The UK accounted
for the largest market share of 34.01% in 2018 and is projected to record the
highest CAGR of 10.9% during the forecast period.
The optical transport
network market is gaining momentum in the Middle East & Africa and South
America as enterprises in the region are provisioning network services to
utilize their infrastructure more efficiently. Many companies in the region are
working on the development of the networking infrastructure and enhancing their
product offerings.
Competitive Analysis
The key players of the
global optical transport network (OTN) market are Huawei Technologies Co. Ltd
(China), ZTE Corp (China), Cisco System Inc (US), Ciena Corporation (US),
Alcatel-Lucent SA (France), Aten Technology Inc (Taiwan), Britestream Networks
Inc. (US), Advanced Micro Devices Inc (US), Fujitsu Ltd (Japan), ADVA Optical
Networking (Germany), ADTRAN (US), Infinera (US), Aliathon Technology Ltd (US),
and Allied Telesyn (US).
Browse Complete Report Here:
https://www.marketresearchfuture.com/reports/optical-transport-network-market-1591
Read More Reports Here:
Virtual Reality (VR) Market Research Report
- Global Forecast to 2027
https://www.marketresearchfuture.com/reports/virtual-reality-market-916
Digital Transaction Management (DTM) Market
Research Report- Forecast 2027
https://www.marketresearchfuture.com/reports/digital-transaction-management-market-1103
Facial Recognition Market Research Report -
Global Forecast to 2027
https://www.marketresearchfuture.com/reports/facial-recognition-market-1250
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel
the complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
MRFR
team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products,
services, technologies, applications, end users, and market players for global,
regional, and country level market segments, enable our clients to see more,
know more, and do more, which help to answer all their most important
questions.
Contact:
Market
Research Future (Part of Wantstats Research and Media Private Limited)
99
Hudson Street, 5Th Floor
New
York, NY 10013
United
States of America
+1 628
258 0071 (US)
+44
2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website:
https://www.marketresearchfuture.com
Comments
Post a Comment