Publication Month: Jul 2017 | Report Code: TIPTE100000315 | No. of Pages: 189 | Category: Electronics and Semiconductor | Status: Published
The rapid increase in internet users, both at home and at work, has created a new level of bandwidth demand in the network world. Because of the rising usage of online gaming, social networking, video chatting, and many other real-time streaming activities, there has been a large uptake among residential users. One of the main reasons for the rising traction of the optical transport network market is that it provides smooth data transfer and eliminates latency difficulties. According to recent statements by service providers, corporations, and suppliers, the adoption of 100G systems is gaining steam in response to increased bandwidth demand.
Furthermore, corporate clients, particularly financial corporations and government entities, have witnessed a significant growth in bandwidth requirements. Furthermore, because to the rising pressure on present networks, companies have found it challenging to implement and operate their sophisticated systems. Latency, bandwidth limitation, robust management, transparent client signals, greater scalability, and global acceptability as a standard are all challenges that the current Synchronous Optical Network (SONET)/ Synchronous Digital Hierarchy (SDH) networks have. As a result, the adoption of optical transport network is increasing gradually across the globe.
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Ever-increasing demand for greater bandwidth is putting more load on current network and are making it more difficult for vendors to deploy and manage their advanced systems. To accommodate this increasing demand, OTNs have come into existence which has become the backbone for our next generation networks. Fiber optics are rapidly replacing copper wire and other media and is becoming the fastest and most reliable media. Two most important factors driving the internet network industry are; speed and reliability. Still there is tremendous increase in load on network now a day. Voice, video, and other multimedia has now become the major components to be carried through the network leaving data as minor component of what the network carries.
Interrupted voice and video communication has become one of the necessary for end users. Therefore, OTNs network has become backbone transport layer which can support a 100 G and the only standard that can provide the speed and reliability needed as per current scenario. Until new technology comes along, the OTN standard holds center stage, as it is the fastest and the most efficient network. The high speed that OTNs provide is substantial as well as scalable to meet current as well as future demands.
Based on the technology used, Optical Transport Networks can be categorized into Wavelength-division multiplexing (WDM) and Dense Wavelength-division multiplexing (DWDM). Dense Wavelength Division Multiplexing (DWDM) is a fiber-optic transmission technique. It involves the process of multiplexing many different wavelength signals onto a single fiber. So, each fiber has a set of parallel optical channels each using slightly different light wavelengths. DWDM is higher performance transmission method than WDM. DWDM can transmit data as 2.5 to 10 Gbps at 160 channels in the same time. Moreover, DWDM is developed channel spacing up to 25 to 50 GHz then it can support transmission more than 1 Tbps. Thus, the DWDM segment in optical transport network market is projected to provide numerous lucrative business opportunities for the market players in the forecast period.
Based on the service, global optical transport network market can be bifurcated into network design and network maintenance and support. Network design is more than mere act of connecting the wires of a network and adjusting a couple of settings in your server. Network designing is a process that comprises customization of network protocols and software according to the end – user’s requirements. Furthermore, the process of network designing involves exhaustive network planning. Network design planning allows the customers to ensure that their network works quickly and at a consistently high level of performance. This further enhances the resiliency, scalability and security of the networks. As the communication industry is taking a shift towards cloud consumption model, the optical networks are required to be more flexible and dynamic while providing dependable connectivity for huge bandwidth demands. This further involves the demand for managed IT services and on-demand IT support. The network maintenance and support segment for the OTN market comprises of system, installation and maintenance, server installation, network configuration, maintenance of existing OTN network, etc.
Service provider networks and telecommunications industry must rapidly change in order to handle the explosion of digital traffic propelled by mobile applications, multimedia services, social media, cloud computing and VoIP. Additionally, there’s an ever-growing range of bandwidth-intensive applications. Service providers are constantly deploying optical transport network with an aim to enhance bandwidth and network functionality. Optical transport network has enabled network service providers to support different traffic types in a further economical way than SONET/SDH networks. However, the amount of carriers’ investment in optical transport network is proportional to the nature of their traffic loads. Optical network transports may not be a feasible option for heavy amounts of IP traffic. On the other hand, several providers are utilizing optical transport network for packet traffic to attain transparency as it can traverse the Dense Wave Division Multiplexing (DWDM) layers and maintaining Time-Division Multiplexing (TDM)-like functionality at far higher bit rates. The communication service provider in global optical transport network market is expected to grow at a CAGR of 12.3% during the forecast period.
|Market Size Value in||US$ 11.70 Billion in 2016|
|Market Size Value by||US$ 33.44 Billion by 2025|
|Growth rate||CAGR of 12.4% from 2017-2025|
|No. of Pages||189|
|No. of Tables||22|
|No. of Charts & Figures||76|
|Historical data available||Yes|
|Segments covered||Technology ; Component ; Service and End-use Verticals|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
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