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

Key Developments

• In September 2023, the National Telecommunications and Information Administration (NTIA) under the Department of Commerce of U.S. disclosed the allocation of 28 grants totaling US$ 74,424,986.73 to 28 tribal organizations through the Tribal Broadband Connectivity Program (TBCP). This financial support, part of President Mr. Joe Biden's internet for all initiative, aims to directly connect tribal homes and businesses to fast internet services, plan for upcoming internet infrastructure projects, and enhance existing network equipment.
• Recent data released by India's Department of Telecommunications (DoT) indicates a significant surge in the number of 5G base stations across the country. As of now, there are a total of 308,466 5G base stations, marking a substantial rise from the 53,590 recorded in early 2023. Jio reportedly has the largest 5G footprint with 254,000 deployed base stations, while Airtel has deployed 60,000. The 5G rollout in India, initiated by Jio and Airtel in October 2022, has significantly improved mobile data speeds, according to network analytics company Ookla. The operators have expanded coverage, relying on new spectrum bands acquired during the country’s 5G auction in August 2022, which raised a total of USD 18.5 billion.
• In April 2021, Shanghai became the first city worldwide to deploy a fully-optical network city-wide, providing users with a stable connection and a network latency of only 1 millisecond across the urban area
• In May 2021, ADVA a telecommunication equipment provider, launched the FSP 150-XG118Pro, a new edge device designed for open optical transport networks. This device simplifies and secures the aggregation, filtering, and routing of up to 16 services over a single optical port.
• In May 2021, Infinera unveiled metro-focused 400G pluggable optics solutions tailored for the XTM Series and GX Series compact modular platforms. These additions enhance the adaptability and cost-efficiency of metro networks, supporting network operators in expanding their networks in response to growing bandwidth demands.