+19% CAGR to Be Achieved by Optical Transport Network (OTN) Equipment Market During Forecast Period
The shift to wavelength-division multiplexing (WDM) architecture by carriers is the key growth driver for Optical Transport Network (OTN) Equipment market. Now, the carriers can tap into enormous capacity by carrying multiple wavelengths over a single optical fiber, leading to cost reductions over the cost of deploying single-channel networks. The Americas dominate the global OTN equipment market, accounting for 66% of the overall market share.
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