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Market Scenario:
The global Optical Transport Network can advance at a rate of 12.3% between 2019 and 2025 (forecast timeline), believes Market Research Future (MRFR). The market size can possibly reach USD 43.73 billion by 2025.
COVID-19 Analysis:
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Optical Transport Network ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Optical Transport Network to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Optical Transport Networkis bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
Segmentation: The study of the optical transport network market covers segments like technology, service, component, and end user.
The types of technology analysed in the report are dense wavelength division multiplexer, wavelength division multiplexer, and others.
The types of services available in the global market include network support, network design, and others.
Component-based market segmentation comprises optical packet platform, optical switch, and others.
The various end-users that deploy optical transport network include government, healthcare, retail, IT/ telecom, and others.
The geographic distribution of the optical transport network market includes North America, Asia Pacific (APAC), the Middle East & Africa (MEA), Europe, and South America.
The biggest share in the global market has been captured by North America, with strong backing from factors like rising use of wavelength division multiplexing in a variety of industries. Since North America is a technologically advanced region and the awareness regarding the next-generation optical transport network is quite high, the market growth can be stupendous in the coming years. The US is the leading market for optical transport network in the region, Mexico and Canada can soon achieve high growth rates. Besides, the surging demand for optical transport network in the healthcare industry can benefit the regional market.
APAC can be the fastest-growing contender in the global market, thanks to the fast-increasing number of IP and Ethernet monitoring services. The rising digitalization across industries in the developing countries like Japan, India, and China can also fare well with the regional market growth. These countries are noting steady economic growth and the huge pool of SMEs and large enterprises are increasingly adopting optical transport network. Some of the most renowned players in the region are ZTE Corp (China), Huawei Technologies Co. Ltd (China), Aten Technology Inc. (Taiwan) and Fujitsu Ltd (Japan), who are responsible for the increasing market size.
Some of the significant opportunities lying in the European optical transport network market include the emergence of the nexgen optical transport network along with the introduction of next-gen technologies. Increasing rollouts of the 40/100g technology paired with the rising number of households that use the internet also induce substantial market growth in the region.
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/optical-transport-network-market-1591
List of Tables
TABLE 1 MARKET SYNOPSIS 18
TABLE 2 OPTICAL TRANSPORT NETWORK MARKET, BY SERVICE, 2020–2027 (USD BILLION) 37
TABLE 3 OPTICAL TRANSPORT NETWORK MARKET, BY COMPONENT, 2020–2027 (USD BILLION) 39
Continued…
List of Figures
FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL OPTICAL TRANSPORT NETWORK MARKET 18
FIGURE 2 GLOBAL OPTICAL TRANSPORT NETWORK MARKET: STRUCTURE 20
FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES 25
Continued…
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