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OPTICAL TRANSPORT NETWORK MARKET ANALYSIS

Optical Transport Network Market, By Technology (WDM, DWDM, and Others), By Offerings (Component and Services), By Industry Vertical (IT and Telecom, Healthcare, Government, and Other), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Market Challenges: Legacy Infrastructure Upgrade Constraints

Legacy infrastructures are difficult to upgrade which inhibits the adoption of new technologies. Further, transport networks need to scale exponentially to support 5G and edge computing. This requires flexible, programmable, and cognitive networks that can auto-adjust bandwidth on demand which challenges current rigid transport architectures. Network operators also need to maximize asset utilization which is difficult due to traffic variations. Cybersecurity is another concern as optical networks carry huge amounts of sensitive data daily.

Market Opportunities: High Bandwidth Demand is Driving Deployments of Optical Components

The need for flexible networks creates an opportunity for network functions virtualization and software-defined networking. Automation and machine learning solutions offer the potential to make networks self-driving.

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