Nowadays, the Optical Transport Network 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.
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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).
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.
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.
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Table of Contents:
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
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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