The global optical transport network (OTN) hardware market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for high-speed internet for both consumers and businesses. The COVID-19 pandemic has increased the demand for high-speed internet due to the work from home. These all factors will contribute to increase the growth of the market.

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The rapid growth in the services which include ethernet services and changing user consumers’ demand will drive the OTN hardware market. In September 2021, Nokia supplied an optical transport network solution to NL-ix which will support the company to deploy higher capacity links across the Europe. This will support users to get speed from 1 Gigabit per second (Gbps) up to 400 Gbps. Today around 57% of the total population used social media such as Instagram, Twitter, WhatsApp, and Facebook as well as online streaming and gaming which leads to an increase in the adoption of OTN technologies.

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Global Optical Transport Network (OTN) Hardware Market – Segmentation
By Service
Network Design and Optimization Services
Network Maintenance and Support Services
By Component
Optical Switch
Optical Transport
By End-Use
Communication Services
Telecom
Government
Others

Global Optical Transport Network (OTN) Hardware Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Adapter Inc.
3Com
Adax Inc.
ADS Technologies Inc.
Advanced Micro Devices Inc.

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