25 Oct CEO Jon Cartu Writes – Optical Transport Network Market Research by 2020 – Top…
“Optical Transport Network Market” research report would be to present the accurate and tactical analysis of the market assets, growing factors, supply, industry size, regional segmentation, dynamics as well as prices variant for its forecast year 2024. The report study provides key statistics on the market status of the Optical Transport Network manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Scope of the Report:
Optical Transport Network (OTN) is a protocol that plays a key role in making the network an open and programmable platform, enabling transport to become as important as computing and storage in intelligent data center networking. Today, most of the network traffic is packet-based, generated by a multitude of services and applications in unpredictable traffic patterns, with widely varying and more stringent demands on bandwidth and data transmission performance. Additionally, enterprise companies need high speeds, reliability, and high uptime for data processing and other tedious processing applications. Hence, they are constantly in search of optimal network solutions. To avoid losses, owing to system failures, companies rely on high-speed optical transport networks.<
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Key Market Trends:
IT and Telecom Industry to Drive the Optical Transport Network Market
– The wireless infrastructure market is evolving at a higher rate and thus the 5G is also evolving. 5G mobile network technologies offer the potential of 30 to 50 times faster speeds than 4G.
– Cisco forecasted that by the average smartphone will generate 11 GB of traffic per month by 2022, which is more than a four and a half-fold increase over the 2017 average of 2 GB per month. The increase in mobile traffic will create a huge opportunity for optical transport network market.
– Further, the performance improvements offered by 5G are considered a key element in the expansion of the Internet of Things. Entirely new applications including virtual/augmented reality and autonomous vehicle management will require the speed and reliability promised by 5G.
– Moreover, the emerging cloud architecture with its software-centric network paradigm also presents opportunities for telecom vendors and service providers to evolve innovative products and services that can contribute to the overall growth of the global telecom industry.
– Together these changes will put greater demands on the mobile data transport network and have a positive impact on the optical network architecture to better accommodate these requirements.
Asia-Pacific to Witness the Fastest CAGR
– Asia-Pacific is becoming a manufacturing hub for most of the companies due to the presence of cheap labors and high penetration rate of Industry 4.0 movement. This is supported by the governments in Asian countries who are very involved in helping new industries develop proactively support this development. For example, “Made in China 2025” is an initiative to comprehensively upgrade Chinese industry to enable the realization of Industry 4.0.
– According to the Economist Intelligence Unit (EIU), people’s living in Asia are strongly based on technology and it has penetrated all aspects of their daily activities far more deeply than in many other parts of the world. Such penetration will drive the telecom providers to provide higher network connection speeds which in return will encourage the optical transport network market to expand.
– Therefore, the above factors are expected to contribute to the growth of optical transport network market in Asia-Pacific at a fastest growth compared to other regions.
Most of the companies present in the market are efficient at the technological front but require significant support for enhancing their services and expanding their businesses. Thus, mergers and acquisitions offer significant opportunities to gain the attention of a large number of providers across developed regions.
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Detailed TOC of Optical Transport Network Market Report 2020-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Internet Penetration with the Demand for High-speed Internet
4.3.2 Technological Innovations by the OTN Solution Providers
4.4 Market Restraints
4.4.1 High Initial Set-up Cost
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of…