Asia Pacific Optical Transport Network Hardware Market Size & Outlook
Asia Pacific optical transport network hardware market, 2018-2030 (US$M)
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Asia Pacific optical transport network hardware market highlights
- The Asia Pacific optical transport network hardware market generated a revenue of USD 6,676.6 million in 2023.
- The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, optical packet platform systems was the largest revenue generating otn equipment in 2023.
- Optical Packet Platform Systems is the most lucrative otn equipment segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,676.6 million |
| Market revenue in 2030 | USD 9,618.0 million |
| Growth rate | 5.4% (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 |
| Key market players worldwide | Hewlett Packard Enterprise Co, Advanced Micro Devices Inc, Broadcom Inc, Cisco Systems Inc, Fujitsu Ltd, Huawei Technologies, Nokia Oyj, Allied Telesis Holdings KK, Ciena Corp, Adapter, Adax, Alcatel-Lucent Enterprise, Avante Technologies, Alloy Computer Products, ADS-B Technologies, A10 Networks Inc, Britestream Networks |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.9% of the global optical transport network hardware market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,618.0 million by 2030.
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Optical Transport Network Hardware Market Scope
Optical Transport Network Hardware Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 37.17% in 2023. Horizon Databook has segmented the Asia Pacific 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.
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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 continent-level data and insights on the Asia Pacific optical transport network hardware market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific optical transport network hardware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific optical transport network hardware market size, by country, 2018-2030 (US$M)
Asia Pacific Optical Transport Network Hardware Market Outlook Share, 2023 & 2030 (US$M)
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