Global OTN Hardware Market Analysis- Size, Share, Growth, Trends and Forecasts, 2015 To 2022: Grand View Research
The global OTN hardware market is driven by the increasing demand for speedy communication and technological progression & advancements. The performance of a network depends majorly on bandwidth and latency issues present in the network. Network providers are making efforts to meet the demands of business users and consumers by increasing their network carrying capacity and increasing the data transmission speeds. To cope up with the issue of bandwidth management, owing to traffic congestion in networks, mobile network service providers are emphasizing on ways to improve data transfer rates and efficiency in the network. Multipurpose OTN hardware architectures are being adopted for this purpose. has been driven by introduction of 40G and 100G technologies in core networks has significantly driven the OTN hardware marketplace.
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The OTN hardware market can be bifurcated on the basis of OTN equipment, which comprises OTN transport, OTN switching, and optical packet platform systems (P-OTS). OTN switching equipment delivers economical and low latency switching layer, and helps to deal with the challenge of traffic congestion in a network. OTN transport equipment monitors the performance of the entire network. The optical packet platform system helps in efficient transfer of data in packets over the network. P-OTS equipment offers high reliability and efficiency.
The adoption of Wavelength Division Multiplexing (WDM) and 100G coherent technologies in core network has stimulated the market growth in the North American region. The Asia Pacific region is expected to witness a surge in the demand due to demand for high-speed communications in developing economies of this region. The boom in the telecom sector, especially in countries such as India and China has led to the growth of the OTN hardware market in this region. Moreover, the increasing use of 3G and 4G enabled smartphones, high demand for internet protocol based voice, video, and data services has propelled the market growth in this region. However, high initial investment and replacement of age old networks are expected to pose as challenges to the growth of global OTN hardware market.
Key players dominating the OTN hardware marketplace are 3Com, Adapter Inc., ADS Technologies Inc., Advanced Micro Devices Inc., Allied Telesis, Alloy Computer Products, Asante Technologies Inc., ATEN Technology Inc., Britestream Networks Inc., Broadcom, Ciena, Cisco, Fujitsu, Huawei Technologies, and Nokia Siemens.
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