Market Share of Optical Transport Network Industry
The competitive landscape of the optical transport network market is fragmented because of the presence of a large number of companies. Some key players in this market are Fujitsu, Huawei, Cisco, and ZTE Corporation, among others. The players in this industry are constantly working on developing new product portfolios. They are trying to gain a competitive advantage with mergers and acquisitions, partnerships, and constant innovations.
In July 2022, NEC issued Japan's first sustainability-linked bond with three maturities through a public offering in the domestic corporate bond market. The bond issuance is an example of NEC using financing to demonstrate its commitment to one of its material issues, "environmental action with a particular focus on climate change (decarbonization)." These SDGs-based financing initiatives are the NEC Group's "Purpose" put into action. They allow NEC to dialogue and co-creation with various stakeholders about their sustainability management initiatives.
In June 2022, ZTE Corporation, a prominent global provider of enterprise and consumer technology solutions for mobile internet, created the first commercial Optical Transport Network (OTN) supporting 12THz ultra-wide frequency spectrum in Bursa, Turkey's fourth-largest city, in conjunction with Turkcell. Turkcell chose to build an advanced metro WDM (Wavelength Division Multiplexing) network because 5G networks require several times the capacity of 4G networks to accommodate the massive increase in 5G network traffic.
In June 2022, at the Huawei Optical Innovation Forum, Huawei announced its new vision for optical transport networks. This new vision is centered on delivering the optical transport network (OTN) to edge nodes to provide all-pervasive premium connectivity and construct eco-friendly and straightforward optical networks, assisting operators in achieving financial success.
Optical Transport Network Market Leaders
Nokia Corporation
Ciena Corporation
Cisco Systems Incorporation
Huawei Technologies Co. Ltd
Fujitsu Limited
*Disclaimer: Major Players sorted in no particular order
