Optical Wavelength Service Market Size in Metro Segment is Expected to Grow Exponentially By 2025
Category: #tech  By Deepak Pardhi  Date: 2019-08-17
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Optical Wavelength Service Market Size in Metro Segment is Expected to Grow Exponentially By 2025

Optical wavelength service market can be segmented on the basis of interface: Short haul, Long haul and Metro. The Metro is expected to grow at very high speed due to the increasing bandwidth demand and connectivity between the data centers, furthermore the increasing adoption of the consumer 4K and higher video content on various devices such as smartphones, PCs, and tablets. Majority of the service provider are looking towards the increasing wavelength speed by the adopting to the metro applications.

On the basis of application, optical wavelength service market is segregated into three types, ‘Ethernet, OTN and SONET’. Ethernet is expected to get the significant market share during the forecasted period due to its cost effectiveness feature for the server connectivity purpose, as compared to other interfaces. Ethernet offers better speed connectivity and next version of Ethernet is Gigabit Ethernet offers ten time more speed over the traditional version. Along with this, it provides the facility of faster deployment which helps organizations to implement new network providing schemes at faster speed.

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North America is expected to dominate the optical wavelength service market over the projected time due to the growing demand of high-speed connectivity and communication in the industrial sector. The growing demand of end to end wavelength services is expected to motivate the growth of the sector in the region. The growing usage in financial data transfer, LAN & WAN connectivity, and offset backup data, along with this the presence of major key players such as Verizon and GTT are driving the growth of the market in the region during the forecasted period. 

The presence of large number of IT businesses in the region and rising demand for the end to end wavelength services is very high, driving the growth of this sector in the region. Many developing country’s government are taking initiatives to encourage the development of the communication infrastructure in their respective countries, which are also driving the growth of the optical wavelength service market. Countries such as India, China, and Japan are some of the prominent countries in the optical wavelength service development field in the APAC region.     

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The key players in the field of optical wavelength service market are Zayo Group, Nokia, Verizon, GTT, CenturyLink, AT&T, Sprint, Comcast, Colt Technology Solution, Crown Castle, Windstream Enterprises, Charter Communications, Cox Communications, and Jaguar Networks.

Methodology used in the Optical Wavelength Service Market Report –

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the optical wavelength service market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Optical wavelength service market definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the optical wavelength service market
  • Demographics and statistical data

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About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

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