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Report
Optical Transport Network Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 149 Pages I IMARC Group
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
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Optical Transport Network Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Technology
6.1WDM
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
6.2DWDM
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
6.3Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Component
7.1Optical Switch
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Optical Transport
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Optical Packet
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Service
8.1Network Design and Optimization
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Network Maintenance and Support Services
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Sector
9.1IT and Telecom
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Healthcare
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Government
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1North 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
10.2Asia 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
10.3Europe
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
10.4Latin 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
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Alloy Computer Products
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2Adtran Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3ADVA Optical Networking SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4Advanced Micro Devices Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5Ciena Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6Cisco 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
14.3.7Huawei Technologies Co. Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 SWOT Analysis
14.3.8Fujitsu 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
14.3.9Infinera Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10Nokia Oyj.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11ZTE Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
Figure 1: Global: Optical Transport Network Market: Major Drivers and Challenges
Figure 2: Global: Optical Transport Network Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Optical Transport Network Market: Breakup by Technology (in %), 2022
Figure 4: Global: Optical Transport Network Market: Breakup by Component (in %), 2022
Figure 5: Global: Optical Transport Network Market: Breakup by Service (in %), 2022
Figure 6: Global: Optical Transport Network Market: Breakup by End Use Sector (in %), 2022
Figure 7: Global: Optical Transport Network Market: Breakup by Region (in %), 2022
Figure 8: Global: Optical Transport Network Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Optical Transport Network (WDM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Optical Transport Network (WDM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Optical Transport Network (DWDM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Optical Transport Network (DWDM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Optical Transport Network (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Optical Transport Network (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Optical Transport Network (Optical Switch) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Optical Transport Network (Optical Switch) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Optical Transport Network (Optical Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Optical Transport Network (Optical Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Optical Transport Network (Optical Packet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Optical Transport Network (Optical Packet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Optical Transport Network (Network Design and Optimization) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Optical Transport Network (Network Design and Optimization) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Optical Transport Network (Network Maintenance and Support Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Optical Transport Network (Network Maintenance and Support Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Optical Transport Network (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Optical Transport Network (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Optical Transport Network (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Optical Transport Network (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Optical Transport Network (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Optical Transport Network (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Optical Transport Network (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Optical Transport Network (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: North America: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: North America: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: United States: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: United States: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Canada: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Canada: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia Pacific: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia Pacific: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: China: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: China: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Japan: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Japan: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: India: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: India: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: South Korea: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: South Korea: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Australia: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Australia: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Indonesia: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Indonesia: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Others: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Others: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Europe: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Europe: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Germany: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Germany: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: France: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: France: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: United Kingdom: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: United Kingdom: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Italy: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Italy: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Spain: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Spain: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Russia: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Russia: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Latin America: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Latin America: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Brazil: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Brazil: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Mexico: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Mexico: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Middle East and Africa: Optical Transport Network Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Middle East and Africa: Optical Transport Network Market: Breakup by Country (in %), 2022
Figure 81: Middle East and Africa: Optical Transport Network Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Global: Optical Transport Network Industry: SWOT Analysis
Figure 83: Global: Optical Transport Network Industry: Value Chain Analysis
Figure 84: Global: Optical Transport Network Industry: Porters Five Forces Analysis
Table 1: Global: Optical Transport Network Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Optical Transport Network Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Global: Optical Transport Network Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 4: Global: Optical Transport Network Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 5: Global: Optical Transport Network Market Forecast: Breakup by End Use Sector (in Million US$), 2023-2028
Table 6: Global: Optical Transport Network Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Optical Transport Network Market: Competitive Structure
Table 8: Global: Optical Transport Network Market: Key Players
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