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Global Optical Transport Network Market Charged to grow at the CAGR of 12.45%.from 2017 to 2025

(USGovernment-News.Com, December 20, 2017 ) Optical Transport Network is expected to grow US$ 33.44 billion by 2025 from US$ 11.70 billion in 2016. Optical transport network is the next generation industry protocol that globally accepted the way to multiplex different services onto optical light path. It is a set of optical network element which is connected by optical fiber links that is able to offer functionality of multiplexing, management, transport, switching, survivability and supervision of optical channels that carries signals. One of the major driving factor fueling the growth of optical transport network is growing demand for services and bandwidth, rapid surge in the internet user and business user have outspread a new level of bandwidth requirement. Growing demand for bandwidth is increasing in financial companies and government organization. In addition to this there are several other factors fueling the growth of OTN are adoption of optical transport network among residential customers due to increasing use of online gaming, video chatting, social media etc. However, the factor hindering the growth of optical transport network is high initial cost. The next generation optical transport network i.e. the advance form of OTN is expected to boost the market over the forecasted period.

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Global Optical Transport Network Market Top Players
Fujitsu Ltd.
Huawei Technologies Ltd.
ZTE Corporation
Cisco Systems, Inc.
ADVA Optical Networking
Aliathan Technology

China is considered as a worldwide hub of manufacturing and the largest exporter of several goods globally thus, playing an important role in international trade. Thus, many manufacturing and international firms are operating in China and with the continuous growth in China’s economy the need for high speed data transfers is on the rise.

Optical equipment spending in China increased dramatically. Deployment of coherent 100G ports doubled from that of the previous year. 2017 seems to bring even more rapid change, as Huawei and ZTE use new component technologies and the deployment of 100G moves to the regional level. Chinese optical equipment spending continued to surge, with a year-on-year growth of 20%, as coherent 100G deployment marched forward. Chinese equipment companies anticipate further growth through 2017, with an acceleration in metro WDM deployment next year. Also, development in infrastructure of china including optical networking projects are driving OTN market in the country. More than 120 million households in China is enjoying fiber broadband connections.

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