Optical Transport Network (OTN) Market Analysis and Demand with Future Forecast to 2025
The global demand for fast and reliable internet connection is constantly increasing, and it has propelled further to develop fuel sources across the globe. The rising use of M2M connections that support Internet of Things (IoT) applications and electronic devices in consumer segment will boost the market further in coming year. IoT innovations in connected home, connected healthcare, smart cars/transportation and a host of other next-generation M2M services are driving this incremental growth. Video streaming and communication will also be one of the prime factor in OTN market growth and will continue to dominate IP traffic and overall Internet traffic growth. Thus, the growing number of communication service providers in optical transport network market is expected to provide numerous profitable opportunities for the market players in the coming years.
★
★
★
★
★
63 views • 5 slides