The global Synchronous Optical Network (SONET) market is estimated to grow at a significant CAGR during the forecast period. The major factors driving the growth of the global Synchronous Optical Network (SONET) market include the rising need for faster and reliable communication networks, increase in adoption of optical communication, and reduction in capital investment. SONET has resulted in lower costs for the panel, bays, cabling, labor, and the hassles of more crowded cable racks. One of the market’s drivers, is that it aids service providers to offer optimum solutions for multiplexing circuit-switched low-speed streams, as well as strong operations, administration, maintenance, and provisioning capabilities.

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The Synchronous Optical Network (SONET) is a physical layer standard, for the broadband synchronous transmission of voice, video, and data over long distances of fiber-optic cabling at speeds exceeding 1 Gbps. Telecommunications companies frequently employ Synchronous Optical Network (SONET) networks to provide the basic transport mechanism for Asynchronous Transfer Mode (ATM) networking, in internal telco and long-distance carrier networks, since they can carry voice, video, and data at the same time.

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The key players contributing to the growth of the Synchronous Optical Network (SONET) market by adopting various strategies such as product launches & developments, mergers and acquisition, partnerships, and agreements, include Cisco Systems Inc., Fujitsu Optical Components Limited, ADVA Optical Networking, ZTE Corporation, Microsemi Corporation, Juniper Networks, Inc., Zayo Group Holdings, Inc., Anritsu, Cypress Semiconductor Corporation, Oscilloquartz, and Verizon Enterprise Solutions, among others. For instance, in May 2019, Verizon, the nation’s largest wireless operator, had announced that Infinera would deliver new automation technology, to aid with the conversion of its time-division multiplexing (TDM) network to a new, simple Ethernet-based network. This move allowed Verizon’s Intelligent Edge Network, to provide a unified management solution, cutting its carbon footprint by consuming less space and electricity, while also lowering operational costs. Infinera’s innovation allows for network transparency, the flexibility to simulate numerous migration scenarios, and effective management of existing customer traffic. TDM, Ethernet over Synchronous Optical Networking (SONET), and ultra-long-haul are among the systems and use cases that can benefit from the migration.

Synchronous Optical Network Market – Segmentation
By Hardware
Optical Fiber
Optical Transceiver
Fiber Optic Circulators
Optical Amplifiers
Optical Splitters
Others
By Industry Vertical
Aerospace & Defense
Manufacturing
Oil & Gas
Transportation
Government
Energy & Utilities
Others
By Technology
Time Division Multiplexing
Dense Wavelength Division Multiplexing

Synchronous Optical Network 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
Cisco Systems Inc.
Fujitsu Optical Components Limited
ADVA Optical Networking
ZTE Corporation
Microsemi Corporation

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