Nov 16 2013
Research and Markets has announced the addition of the "Global Optical Transport Network (OTN) Market 2012-2016" report to their offering.
The analysts forecast the Global Optical Transport Network Equipment market to grow at a CAGR of 13.22 percent over the period 2012-2016. One of the key factors contributing to this market growth is the continued explosion in bandwidth demand. The Global Optical Transport Network Equipment market has also been witnessing the demand for integrated WDM+OTN switching. However, the high initial investment could pose a challenge to the growth of this market.
The key vendors dominating this market space are Alcatel-Lucent SA, Ciena Corp., Fujitsu Ltd., Huawei Technologies Co. Ltd., and ZTE Corp.
The other vendors mentioned in the report are ADTRAN Inc., ADVA Optical Networking SE, BTI Systems Inc., Cisco Systems Inc., Cyan Inc., ECI Telecom Ltd., Ekinops SA, Ericsson AB, JDS Uniphase Corp., NEC Corp., Nokia Solutions and Networks Oy, and Tellabs Inc.
Commenting on the report, an analyst from the team said: During the forecast period, there will be increasing shipment for single-chip process supporting 10G, 40G and 100G OTN solutions. OTNs play a critical role in providing the interconnect infrastructure required to efficiently and reliably deliver cloud-based services. Continued growth in mobile data traffic and the projected growth in data center-driven WAN traffic are the catalysts behind the need for all-time connectivity. To meet this demand, there is an increasing deployment of 100G ports in metros across the globe. In order to exploit the capabilities of 100G networks, service providers are actively working to develop efficient transport infrastructure to enable dynamic bandwidth allocation with granularity from 100Gbps down to 1Gbps, without interruption to network traffic.
According to the report, there are several factors driving the growth of the Global OTN Equipment market, one of which is the unstoppable demand for the mobile data applications. The inexorable rise of data traffic from smart devices is steering the burgeoning market for OTN equipment. Now the service providers globally are compelled to pro-actively take a strategic and aggressive stance to optimize the capacity of their existing network infrastructures, a trend that is likely to continue throughout the period 2012-2016.
For more information visit http://www.researchandmarkets.com/research/98pwz4/global_optical