Global Optical Transport Network (OTN) Equipment market will reach18.6 billion US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/13

The global OTN equipment market is expected to be driven by technological advancements and continuous demand for high-speed communication networks during the forecast period. Growing penetration of business and residential users for internet has created a massive need for advanced level of bandwidth, which is increasing the adoption of OTN equipment. Rising inclination towards video chatting, online gaming, and the use of social media amongst consumers is expected to have a positive influence on the demand for optical transport networks. Increasing adoption of tablets and smartphones will also fuel the growth of the global market over the forecast period.

However, the high cost of investment will hamper the growth of the market in the years to come.

The report states that the global optical transport network market is expected to rise to US$ 18.6 bn by the end of 2025 from US$ 13.8 bn in 2018. The market is likely to register a moderate CAGR of 4.3% throughout the forecast period.

Click to view the full report:  https://www.qyresearch.com/index/detail/1066905/global-optical-transport-network-otn-equipment-market
This article was first released by QYResearch, if reproduced, please indicate the source.
Telephone number:020-22093278
Contact:holly@qyresearch.com
When contacting, please refer to QYR company's Mia introduction.