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Optical Transport Network Equipment Market by Technology, End-user, and Geography - Forecast and Analysis 2020-2024

  • Published: Oct 2020
  • Pages: 120
  • SKU: IRTNTR45423
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The optical transport network equipment market share is expected to increase by USD 16.64 billion from 2019 to 2024, and the market’s growth momentum will accelerate at a CAGR of 16%.

This optical transport network equipment market research report extensively covers optical transport network equipment market segmentation by technology (WDM and SONET/SDH) and geography (North America, APAC, Europe, South America, and MEA). The optical transport network equipment market report also offers information on several market vendors, including ADTRAN Inc., ADVA Optical Networking SE, Ciena Corp., Cisco Systems Inc., Fujitsu Ltd., Huawei Investment & Holding Co. Ltd., Infinera Corp., Juniper Networks Inc., Nokia Corp., and ZTE Corp. among others.

What will the Optical Transport Network Equipment Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Optical Transport Network Equipment Market Size for the Forecast Period and Other Important Statistics

 

Optical Transport Network Equipment Market: Key Drivers, Trends, and Challenges

The growing mobile data traffic is notably driving the optical transport network equipment market growth, although factors such as high initial investment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the optical transport network equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Optical Transport Network Equipment Market Driver

One of the key factors driving growth in the optical transport network equipment market is the growing mobile data traffic. The global smartphone market has been seeing massive growth since 2010. Internet-based smartphone applications that are used by end consumers transfer data via a massive network of optical fibers. Optical fiber infrastructure connects to cell towers where RF photons accumulated from several billion mobile devices such as smartphones and tablets are converted to infrared photons to ensure efficient and effective fiber-optic backhaul transferred to all-fiber metropolitan, long-haul, regional, and submarine networks, which connect cities, countries, and continents.  Therefore, with the growing adoption of smartphones and tablets, the demand for OTNs and the associated hardware will accelerate during the forecast period, as cellular networks will see growth in mobile data, which will require efficient fiber-optic network infrastructure.

Key Optical Transport Network Equipment Market Trend

The increasing applications of the IoT is a optical transport network equipment market trend that is expected to have a positive impact in the coming years. IoT is the latest trend in the global technology arena. It is connecting all essential home devices to the Internet. All the major gadget makers, such as SAMSUNG, Dell, Apple, and Microsoft, have dedicated considerable resources for the R&D of the IoT. Due to this, the future households will have a lot of connected nodes and appliances that are interconnected wirelessly so that they can together sense the surrounding environment and act accordingly. The increasing applications of the IoT will require OTNs that have the capacity and capability to support high bandwidths. Devices will be able to communicate with each other and bring further optimization to the experience of the users. This optimization can make the applications more convenient to the end-user

Key Optical Transport Network Equipment Market Challenge

The high initial investment will be a major challenge for the optical transport network equipment market during the forecast period. Customers such as telecommunication providers and data center providers are finding a significant surge in data consumption, which increases the requirements for OTN equipment. However, the fast-growing traffic requires the adoption of newer technologies and services such as LTE/long-term evolution-advanced (LTE-A), big data, IoT, and cloud computing. Although OTN solutions support the increase in bandwidths and low latency using WDM technologies, such solutions are expensive for many customers. Besides the fact that the deployment of these projects takes years, especially in the telecom sector, customers give the projects to vendors at a very competitive price. Thus, the high initial investment needed to deploy OTNs is expected to hinder the growth of the global OTN equipment market.

This optical transport network equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2020-2024.

Parent Market Analysis

Technavio categorizes the global optical transport network equipment market as a part of the global electrical components and equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the optical transport network equipment market during the forecast period.

Who are the Major Optical Transport Network Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ADTRAN Inc.
  • ADVA Optical Networking SE
  • Ciena Corp.
  • Cisco Systems Inc.
  • Fujitsu Ltd.
  • Huawei Investment & Holding Co. Ltd.
  • Infinera Corp.
  • Juniper Networks Inc.
  • Nokia Corp.
  • ZTE Corp.

 

This statistical study of the optical transport network equipment market encompasses successful business strategies deployed by the key vendors. The optical transport network equipment market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Cisco Systems Inc. - The company offers Cisco Network Convergence System 4000 Series.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The optical transport network equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Optical Transport Network Equipment Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the optical transport network equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the electrical components and equipment market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Optical Transport Network Equipment Market?

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36% of the market’s growth will originate from North America during the forecast period. The US is the key market for optical transport network equipment in North America. Market growth in this region will be faster than the growth of the market in the European, MEA, and South American regions.

The region has been witnessing a significant surge in demand for fiber-optic connections from residential as well as business customers. In North America, the communications industry is booming because of the use of the Internet for purposes such as online gaming, social media, video chatting, and online shopping. This will facilitate the optical transport network equipment market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Technology Segments in the Optical Transport Network Equipment Market?

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The optical transport network equipment market share growth by the WDM segment will be significant during the forecast period. The WDM segment of the global OTN equipment market is expected to grow during the forecast period, primarily due to the significant investments of China in the development of broadband infrastructure, with a focus on 100G fiber-optic Internet connections. With the growing demand for data services, the demand for high-speed fixed broadband is also increasing, along with the demand for high-speed data center interconnections. In response to the growing demand for high-speed broadband, service providers are replacing SONET gears with WDM equipment. The primary driving factor for the WDM segment will be the increasing demand for 100 Gbps networks during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the optical transport network equipment market size and actionable market insights on post COVID-19 impact on each segment.

 

Optical Transport Network Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 16%

Market growth 2020-2024

$ 16.64 billion

Market structure

Concentrated

YoY growth (%)

13.78

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 36%

Key consumer countries

US, China, Germany, India, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ADTRAN Inc., ADVA Optical Networking SE, Ciena Corp., Cisco Systems Inc., Fujitsu Ltd., Huawei Investment & Holding Co. Ltd., Infinera Corp., Juniper Networks Inc., Nokia Corp., and ZTE Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Optical Transport Network Equipment Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive optical transport network equipment market growth during the next five years
  • Precise estimation of the optical transport network equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the optical transport network equipment industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of optical transport network equipment market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • WDM - Market size and forecast 2019-2024
    • SONET/SDH - Market size and forecast 2019-2024
    • Market opportunity by Technology

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Communication service providers - Market size and forecast 2019-2024
    • Enterprises - Market size and forecast 2019-2024
    • Public sector - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by End-user

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Industry risks

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ADTRAN Inc.
      • ADVA Optical Networking SE
      • Ciena Corp.
      • Cisco Systems Inc.
      • Fujitsu Ltd.
      • Huawei Investment & Holding Co. Ltd.
      • Infinera Corp.
      • Juniper Networks Inc.
      • Nokia Corp.
      • ZTE Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The optical transport network equipment market growth will increase by $16644.62 million during 2019-2024.
      The optical transport network equipment market is expected to grow at a CAGR of 15.75% during 2019-2024.
      Technavio has segmented the optical transport network equipment market by technology (WDM and SONET/SDH) ,end user (Communication service providers, Enterprises, Public sector, and Others) , and geographic (North America, APAC, Europe, South America, and MEA).
      ADTRAN Inc., ADVA Optical Networking SE, Ciena Corp., Cisco Systems Inc., Fujitsu Ltd., Huawei Investment & Holding Co. Ltd., Infinera Corp., Juniper Networks Inc., Nokia Corp., ZTE Corp. are a few of the key vendors in the optical transport network equipment market.
      North America will register the highest growth rate of 36.34% among the other regions. Therefore, the optical transport network equipment market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the optical transport network equipment market growth are:
      • Growing mobile data traffic
      The optical transport network equipment market vendors should focus on grabbing business opportunities from the wdm segment as it accounted for the largest market share in the base year.
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