Global Optical Transport Network Hardware Market Size & Outlook
The optical transport network hardware industry worldwide is expected to reach a projected revenue of US$ 25,614.0 million by 2030. A compound annual growth rate of 4.3% is expected of the worldwide optical transport network hardware industry from 2024 to 2030.
Revenue, 2023 (US$M)
$19,139.1
Forecast, 2030 (US$M)
$25,614.0
CAGR, 2024 - 2030
4.3%
Report Coverage
Worldwide
Global optical transport network hardware market, 2018-2030 (US$M)
Related Markets
Global optical transport network hardware market highlights
- The global optical transport network hardware market generated a revenue of USD 19,139.1 million in 2023 and is expected to reach USD 25,614.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, optical packet platform systems accounted for a revenue of USD 7,100.8 million in 2023.
- Optical Packet Platform Systems is the most lucrative otn equipment segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 19,139.1 million |
| Market revenue in 2030 | USD 25,614.0 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Optical packet platform systems |
| Fastest growing segment | Optical Packet Platform Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OTN Transport, OTN Switching, Optical Packet Platform Systems |
Other key industry trends
- In terms of revenue, the North America accounted for 24.6% of the global optical transport network hardware market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,620.1 million by 2030.
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Optical Transport Network Hardware Market Scope
Optical transport network hardware market segmentation & scope
Optical Transport Network Hardware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global optical transport network hardware market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to optical transport network hardware market will help companies and investors design strategic landscapes.
optical packet platform systems was the largest segment with a revenue share of 37.1% in 2023. Horizon Databook has segmented the Global optical transport network hardware market based on otn transport, otn switching, optical packet platform systems covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Optical Transport Network Hardware OTN Equipment Outlook (Revenue, USD Million, 2018-2030)
- OTN Transport
- OTN Switching
- Optical Packet Platform Systems
- Global Optical Transport Network Hardware Technology Outlook (Revenue, USD Million, 2018-2030)
- Wavelength Division Multiplexing (WDM)
- Dense Wavelength Division Multiplexing (DWDM)
- Global Optical Transport Network Hardware End-users Outlook (Revenue, USD Million, 2018-2030)
- Government
- Enterprises
- Communication Service Providers and Network Operators
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Our clientele includes a mix of optical transport network hardware market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global optical transport network hardware market , including forecasts for subscribers. This global databook contains high-level insights into Global optical transport network hardware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global optical transport network hardware market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Optical transport network hardware market size, 2023 (USD Million)
Top 10 countries: Optical transport network hardware market size, 2023 (USD Million)
Global optical transport network hardware market, by region, 2023 (US$M)
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