Market Overview:
The Global Synchronous Optical Networking (SONET) Market is expected to grow at a CAGR of XX% and is projected to reach a market size of USD XX million by 2030. The SONET market is segmented on the basis of type, application, and region. On the basis of type, the SONET market is segmented into WDM, SONET, and Fiber Channel. The WDM segment accounted for the largest share in 2017 owing to its advantages such as high bandwidth capacity and spectral efficiency. On the basis of application, the SONET market is divided into aerospace and defense, government sector,,manufacturing sector,, submarine cable industry,, mining industry,, transportation sector,, healthcare sector.,and telecom sector. In terms of geography, North America held major share in 2017 followed by Europe due to increasing demand for optical communication networks from various industrial sectors in these regions.
Product Definition:
A Synchronous Optical Networking (SONET) is a type of optical networking technology that uses a synchronous data transmission protocol to provide high-speed, reliable connections. SONET is used by telephone carriers and other service providers to transport voice, video, and data traffic.
Wavelength Division Multiplexing(WDM):
The wavelength division multiplexing is a technology that allows the transmission of multiple data streams over a single optical fiber by using different wavelengths of light. The WDM devices are used to separate the light into different channels and recombine them at the other end with their original wavelengths. It offers high flexibility in terms of channelization and can be used for general-purpose traffic as well as for specific applications such as Wavelength-division Multiplexed Optical Networking (WOMONET).
Synchronous Optical Networking(SONET):
Synchronous Optical Networking (SONET) is a set of standards for communication over long distances using optical fibers. SONET was developed by AT&T and Lucent Technologies to meet the needs of local area network (LAN) operators. It provides features such as Synchronous Transport Mode, which ensures that data is sent in frames with checksums so that errors can be detected at each end, and it offers reliable transmission.
Application Insights:
The application segment is segregated into seven sub-segments, namely aerospace and defense, government, manufacturing, telecom sector, transportations & logistics industry. The telecom sector accounted for the largest market share in 2017 owing to the growing demand for high-speed data transfer services. The segment is also anticipated to grow at a significant rate over the forecast period as various countries are investing heavily in optical fiber networks and developing their infrastructure.
The government segment is expected to witness considerable growth over the forecast period due to increasing demand for advanced communication services such as e-governance and integrated public value network (IPVN). Moreover, several initiatives taken by regional governments such as Digital India are aimed at improving citizens¢â‚¬â„¢ experience with regard to delivery of public services through innovative digital technologies such as smart cities project which will boost product adoption across numerous applications within this sector.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2016. The regional market is expected to grow at a CAGR of XX% over the forecast period, owing to increasing demand for high-speed data communication networks and rising adoption of fiber channel technology across various industries. Asia Pacific is projected to be the fastest-growing region from 2017 to 2030 due to rapid developments taking place in China, India, Japan and South Korea among other countries.
The growing manufacturing sector along with increasing investments by governments across different regions is anticipated to drive Synchronous Optical Networking (SONET) equipment installation projects thereby fueling industry growth over the forecast period.
Growth Factors:
- Increasing demand for bandwidth-intensive applications such as online video streaming and cloud computing is expected to drive the growth of Synchronous Optical Networking (SONET) market.
- Growing number of data centers across the globe is also anticipated to fuel the demand for SONET equipment in near future.
- Proliferation of fiber optic networks, owing to its advantages such as high bandwidth and low latency, is another key factor that would boost the SONET market growth in coming years.
- Rapid expansion of 4G/LTE networks across various regions is also projected to create lucrative opportunities for SONET vendors in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synchronous Optical Networking Market Research Report
By Type
Wavelength Division Multiplexing(WDM), Synchronous Optical Networking(SONET), Fiber Channel
By Application
Aerospace and Defense, Governmen, Manufactures, Submarine, Mining, Transportation, Healthcare, Telecom
By Companies
Cisco Systems, Inc, Alcatel-Lucent, Inc., Verizon Communications Inc., ADVA Optical Networking SE, CIENA Corporation, Ericsson Inc, Fujitsu Ltd, Huawei Technology Co. Ltd., JDS Uniphase Corporation, MRV Communications Inc., Transmode
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Synchronous Optical Networking Market Report Segments:
The global Synchronous Optical Networking market is segmented on the basis of:
Types
Wavelength Division Multiplexing(WDM), Synchronous Optical Networking(SONET), Fiber Channel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace and Defense, Governmen, Manufactures, Submarine, Mining, Transportation, Healthcare, Telecom
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems, Inc
- Alcatel-Lucent, Inc.
- Verizon Communications Inc.
- ADVA Optical Networking SE
- CIENA Corporation
- Ericsson Inc
- Fujitsu Ltd
- Huawei Technology Co. Ltd.
- JDS Uniphase Corporation
- MRV Communications Inc.
- Transmode
Highlights of The Synchronous Optical Networking Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wavelength Division Multiplexing(WDM)
- Synchronous Optical Networking(SONET)
- Fiber Channel
- By Application:
- Aerospace and Defense
- Governmen
- Manufactures
- Submarine
- Mining
- Transportation
- Healthcare
- Telecom
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synchronous Optical Networking Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synchronous Optical Networking (SON) is a technology that allows for the transmission of data over long distances using light instead of radio waves. SON can be used to connect different sites in a network, and it can also be used to transmit video and other types of digital content.
Some of the key players operating in the synchronous optical networking market are Cisco Systems, Inc, Alcatel-Lucent, Inc., Verizon Communications Inc., ADVA Optical Networking SE, CIENA Corporation, Ericsson Inc, Fujitsu Ltd, Huawei Technology Co. Ltd., JDS Uniphase Corporation, MRV Communications Inc., Transmode.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synchronous Optical Networking Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Synchronous Optical Networking Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synchronous Optical Networking Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Synchronous Optical Networking Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Synchronous Optical Networking Market Size & Forecast, 2018-2028
4.5.1 Synchronous Optical Networking Market Size and Y-o-Y Growth
4.5.2 Synchronous Optical Networking Market Absolute $ Opportunity
Chapter 5 Global Synchronous Optical Networking Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Synchronous Optical Networking Market Size Forecast by Type
5.2.1 Wavelength Division Multiplexing(WDM)
5.2.2 Synchronous Optical Networking(SONET)
5.2.3 Fiber Channel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Synchronous Optical Networking Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Synchronous Optical Networking Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Governmen
6.2.3 Manufactures
6.2.4 Submarine
6.2.5 Mining
6.2.6 Transportation
6.2.7 Healthcare
6.2.8 Telecom
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synchronous Optical Networking Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synchronous Optical Networking Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Synchronous Optical Networking Analysis and Forecast
9.1 Introduction
9.2 North America Synchronous Optical Networking Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Synchronous Optical Networking Market Size Forecast by Type
9.6.1 Wavelength Division Multiplexing(WDM)
9.6.2 Synchronous Optical Networking(SONET)
9.6.3 Fiber Channel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Synchronous Optical Networking Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Governmen
9.10.3 Manufactures
9.10.4 Submarine
9.10.5 Mining
9.10.6 Transportation
9.10.7 Healthcare
9.10.8 Telecom
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Synchronous Optical Networking Analysis and Forecast
10.1 Introduction
10.2 Europe Synchronous Optical Networking Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Synchronous Optical Networking Market Size Forecast by Type
10.6.1 Wavelength Division Multiplexing(WDM)
10.6.2 Synchronous Optical Networking(SONET)
10.6.3 Fiber Channel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Synchronous Optical Networking Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Governmen
10.10.3 Manufactures
10.10.4 Submarine
10.10.5 Mining
10.10.6 Transportation
10.10.7 Healthcare
10.10.8 Telecom
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Synchronous Optical Networking Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Synchronous Optical Networking Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Synchronous Optical Networking Market Size Forecast by Type
11.6.1 Wavelength Division Multiplexing(WDM)
11.6.2 Synchronous Optical Networking(SONET)
11.6.3 Fiber Channel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Synchronous Optical Networking Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Governmen
11.10.3 Manufactures
11.10.4 Submarine
11.10.5 Mining
11.10.6 Transportation
11.10.7 Healthcare
11.10.8 Telecom
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Synchronous Optical Networking Analysis and Forecast
12.1 Introduction
12.2 Latin America Synchronous Optical Networking Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Synchronous Optical Networking Market Size Forecast by Type
12.6.1 Wavelength Division Multiplexing(WDM)
12.6.2 Synchronous Optical Networking(SONET)
12.6.3 Fiber Channel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Synchronous Optical Networking Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Governmen
12.10.3 Manufactures
12.10.4 Submarine
12.10.5 Mining
12.10.6 Transportation
12.10.7 Healthcare
12.10.8 Telecom
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Synchronous Optical Networking Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Synchronous Optical Networking Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Synchronous Optical Networking Market Size Forecast by Type
13.6.1 Wavelength Division Multiplexing(WDM)
13.6.2 Synchronous Optical Networking(SONET)
13.6.3 Fiber Channel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Synchronous Optical Networking Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Governmen
13.10.3 Manufactures
13.10.4 Submarine
13.10.5 Mining
13.10.6 Transportation
13.10.7 Healthcare
13.10.8 Telecom
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synchronous Optical Networking Market: Competitive Dashboard
14.2 Global Synchronous Optical Networking Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems, Inc
14.3.2 Alcatel-Lucent, Inc.
14.3.3 Verizon Communications Inc.
14.3.4 ADVA Optical Networking SE
14.3.5 CIENA Corporation
14.3.6 Ericsson Inc
14.3.7 Fujitsu Ltd
14.3.8 Huawei Technology Co. Ltd.
14.3.9 JDS Uniphase Corporation
14.3.10 MRV Communications Inc.
14.3.11 Transmode
