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(IT-NEWSWIRE.COM, November 15, 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. Increasing usage of online videos, cloud and mobile device increasing demand for bandwidth is fueling the growth of optical transport network. Optical transport network is also known as digital wrapper, method for encapsulating a current frame of data, irrespective of the protocol for creating an optical data unit (ODU). It helps in providing network management functionality of SONET and SDH. Optical transport network includes some of the benefits such as scalability beyond 40G, reduction in transportation cost, flexibility, virtualized network operation, secure by design, dynamic infrastructure and determinism.
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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Optical transport network market is segmented on the basis of technology such as wavelength division multiplexing (WDM) and dense wavelength division multiplexing (DWDM) and the market is further breakdown as component and services which further includes optical switch, optical transport, optical packet platform, network design and network maintenance and support. Similarly, the market is further segmented as end user vertical such as communication service providers, enterprises and government.
List of Companies
Fujitsu Ltd.
Huawei Technologies Ltd.
ZTE Corporation
Cisco Systems, Inc.
Alcatel-Lucent
ADVA Optical Networking
Infinera
Ciena
Aliathan Technology
ADTRAN
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Source: EmailWire.Com 
Source: EmailWire.com
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