We live now in a connected where we witness rapid growth in video on demand (VOD), gaming on demand, IPTV, and network DVR. Where increased use of Internet for gaming, video calls, online shopping and social media has significantly increased the requirement for high bandwidth, especially in metropolitan cities across the globe.
Therefore, Technavio analysts expect the global optical transport
network (OTN) equipment market to exceed USD 16 billion by 2020, growing at a CAGR of over 19%, according
to their latest report.
OTNs are mainly powering
communications in major enterprises such as finance, media, and entertainment. This
is because OTN has the ability to meet the stringent standards and high
bandwidth requirements of these industries.
In fact, the rise in
popularity of bandwidth-intensive high definition and 3D video is expected to
drive the market for OTN.