SYNCHRONOUS OPTICAL NETWORK MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market Concentration and Competitive Landscape

Close-monitor your Competitor's Move, Request sample copy

Another key driver propelling the synchronous optical network market growth is the rapid deployment of 5G technologies worldwide. 5G promises to deliver significantly enhanced mobile broadband services with ultra-low latency and massive connectivity. However, it also places immense pressure on the backhaul infrastructure that connects the core network with 5G radio sites. Synchronous networks have emerged as an effective solution to meet the exponential increase in bandwidth requirements of 5G. Their symmetrical capabilities enable seamless transmission of bandwidth-intensive data between core network centers and cell sites. These help optimize 5G backhaul networks and allow telcos to upgrade core infrastructure without disruptions. SON solutions also support high-performance fronthaul applications in 5G networks, facilitating functions like RoF and C-RAN. Increasing 5G deployments by telecom operators to fulfil government mandates and meet consumer demand for faster speeds boosts long-term investment in SON. The technology enables telcos to upgrade networks and roll-out new-age services with reliability and ease.

In February 2023, GSMA Intelligence, the definitive source of data and analysis for the mobile industry and beyond, covering all operators across the globe, released updated data indicating that 5G connections are expected to double in 2024. This growth is accelerated by advancements in technology and the initiation of 5G network installations in over 30 nations in 2023. Out of the networks set to be launched in 2023 , approximately 15 are anticipated to be 5G standalone networks.

• ADVA Optical Networking SE
• Alcatel- Lucent Inc.
• Anritsu
• Ciena Corporation
• Cisco Systems Inc.
• Cypress Semiconductor Corporation
• ECI Telecom Ltd.
• Ericsson Inc.
• Fujitsu Ltd.
• Huawei Technology Co. Ltd.
• Infinera Corporation
• JDS Uniphase Corporation
• Juniper Networks Inc.
• Microsemi Corporation
• MRV Communications Inc.
• Nokia Corporation
• Oscilloquartz
• Smartoptics
• Telefonaktiebolaget LM Ericsson
• Verizon Communication Inc
• Zayo Group Holdings Inc.
• ZTE Corporation