Urology Surgical Market: Industry Research Report 2018-2025 Optical Transport Network (OTN) Market Research | Page 2

Optical Transport Network Market to 2025 Publication Month: Jul 2017| No. of Pages: 189 | Report Code: TIPTE100000315 | Category: Technology & Media Introduction: Global Optical Transport Network (OTN) Market is expected to grow from US$ 11.70 billion in 2016 to US$ 33.44 billion by 2025 at a CAGR of 12.45% between 2016 and 2025 . Optical Transport Network (OTN) is a next generation industry protocol that facilitates a globally standardized and optimized way to multiplex varied services on the optical light paths. The OTN encases every individual client’s payloads transparently in a container in order to transmute it across optical networks, conserving client’s native structure, management information and timing information. OTN-based metro cores and backbones provides noteworthy benefits over customary WDM transponder-based networks, including increased efficiency, reliability, and wavelength–based private services. The ravenous appetite for online data in North America is anticipated to continue its growth over the coming years. Also, the internet generated broadband traffic in this region is expected to increase at a significant rate making it one of the major contributor in the OTN market. Europe is the second largest adopter of OTN, while Asia-pacific had higher procurement of WDMs globally, however every region was observed to have consistent year on year deployments. E-Mail : [email protected]