DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dmwbfr/optical_transport) has announced the addition of the "Optical Transport Network Market by Technology (WDM, DWDM), by Components (Optical Switch, Optical Packet Platform), by Services (Network Design, Network Support), by End User, by Regions - Worldwide Market Forecast and Analysis (2014 - 2019)" report to their offering.
The global optical transport network market is expected to grow from $11.35 billion in 2014 to $23.64 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 15.8% from 2014 to 2019.
Widespread technological developments such as 100G bandwidth technology, beyond 100G bandwidth technology, and Coherent core networks are driving the adoption of Optical Transport Network (OTN). The sudden surge in the internet home users and business users have unfolded a new level of bandwidth requirement over the network world. There has been a significant adoption of Optical Transport Network (OTN) among residential customers because of the increased use of online gaming, social media, video chatting, and many other real time streaming events. The fact that OTN offers seamless data transmission and removes latency issues is a key reason for increased traction of this market.
The vendors are rolling out OTN globally; relying on the huge advantages of this technology. OTN's inherent flexibility is enabled by its ability to extend transparency to the timing plane which is a very important differentiating factor of OTN from SONET/SDH. The next opportunity in the networking world is the advanced form of OTN i.e. Next Generation OTN, which enables more efficient mapping of and support for data signals such as Ethernet and IP. This technology is expected to enhance the OTN deployment and offer solution to the converged transparent transport of TDM, packet and IP-based services.
Further, a huge increase in bandwidth requirement has also been seen in the business customer demands specially form financial services and healthcare companies, and government organizations. In addition, due to the increasing load on the current networks it has become difficult for the vendors to deploy and manage their advanced systems. OTN is rapidly replacing SDH/SONET globally because it easily overcomes the issues in the present Synchronous Optical Network (SONET)/ Synchronous Digital Hierarchy (SDH) networks such as latency, bandwidth limitation, robust management, transparent client signals, better scalability, and global acceptance as a standard.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Optical Transport Network Market Analysis, By Technology
8 Optical Transport Network Market Analysis, By Component
9 Optical Transport Network Market Analysis, By Services
10 Optical Transport Network Market Analysis, By Type of User
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- ADVA Optical Networking SE
- Adtran, Inc.
- Aliathon Technology Ltd
- CISCO Systems, Inc.
- Ciena Corporation
- Fujitsu Ltd
- Huawei Technologies
- Infinera Corporation
- ZTE Corporation
For more information visit http://www.researchandmarkets.com/research/dmwbfr/optical_transport