Dublin, Aug. 31, 2021 (GLOBE NEWSWIRE) — The “Optical Transport Network Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029” report has been added to ResearchAndMarkets.com’s offering.
The global optical transport network market is growing with a CAGR of 11.6% during forecast period. The increasing spending on digital marketing is one of the key forces which is up surging the growth in the global optical transport network market. The rapid increase in the corporate internet users and household users has opened new avenues with the increasing level of bandwidth requirement all over the world. Extensive technological developments such as 100G bandwidth technology; beyond 100G bandwidth technology; and, intelligible core networks are boosting the adoption of Optical Transport Network (OTN).
Increasing Internet Use Is the Key Market Booster
The sudden upsurge in the number of internet users has brought about paradigm shift in the industry; and, it is demanding a whole new level of…