The global optical network market is being driven by factors like increasing rollouts of 40/100g technology, a simultaneous demand for higher bandwidth and high internet penetration into households. Over the forecast period of 2018-2026, the market is likely to progress at a 12.35% CAGR.
The global optical network market is segmented on the basis of technology [WDM, DWDM, and WDM (metro network)] components (optical switch market, optical transport market, optical packet platform market), services (network design and optimization services and network maintenance and support systems), and end users (communication service providers and network operators, enterprises and government). Opportunities such as the introduction of advanced technologies and NexGen optical transport networks can provide an amazing impetus for further market growth.
The optical transport network market in North America is expected to hold a colossal share by the end of 2026. The Internet which is used for various purposes, such as online gaming, social media, video chatting, and online shopping, is a major driving force behind the progress of the North American optical transport network market. Apart from North America, the other regions analyzed for this market include Europe, Asia-Pacific and the rest of the world.
Some of the noted companies engaged in the global optical transport network market include Adtran Inc, Adva Optical Networking Se, Advanced Micro Devices Inc, Alcatel-Lucent ( Acquired By Nokia), Aliathon Technology Ltd, Allied Telesyn, Fujitsu Ltd, Huawei Technologies, Zte Corporation, Alloy Computer Products,Aten Technology Inc, Belkin Corporation, Ciena Corporation, Cisco Systems Inc and Coriant.