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(IT-NEWSWIRE.COM, May 29, 2018 ) 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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Key trend which will predominantly effect the market in coming year is Optical Transport Network consolidation due to growing competition. Optical Transport Network is about to see consolidation on many accounts. Either the smaller companies of the ecosystem would be acquired by the larger ones or the smaller companies are about to extinguish. The companies that survive in the ecosystem would be on account of innovations and to support the digital workplace or modernize corporate data infrastructures. The OTN vendors would be classified in a broader category and be acquired by players who want to add high speed internet feature to their larger platform of technology.
Optical Transport Network by end-user vertical is segmented into Communication Service Providers, Enterprises and Government. The rising needs for increased bandwidth capacities in the enterprise are some of the trends contributing to the emerging optical transport network. Almost all the industry verticals are increasingly demanding OTN capabilities that improve the data transfer speeds and connectivity.
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The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the optical transport network industry.
Global Optical Transport Network Market Top Players
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 
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