About Multiservice Platform for Power
Multiservice Platform for Power is a next-generation SONET device that contains SONET multiplexers, DWDM terminals, distributed digital cross-connects, Layer 2 switches, and IP routers, all in a single box. These devices, which are located at the edge of the metropolitan service provider's network, are intended to replace the large installed base of obsolete SONET or SDH multiplexer equipment that is unable to handle the growing volume of data traffic in carrier networks. SONET multiservice platforms for power are more cost-effective, more adaptable to changing traffic patterns, and faster at provisioning services when compared to their legacy counterparts.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.6% |
Ensure a seamless deployment of Ethernet Business Services, Telemaxx Telecommunication GmbH, a major data centre operator in Germany, utilized devices from ciena’s packet networking range. Packet Design, LLC was acquired by Ciena Corporation. The company focuses on Layer 3 network optimization, topology, and route analytics using their network performance management software. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Multiservice Platform for Power market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Prolabs (India), OPTIXCOM (United States), RAISECOM (United States), Hitachi Energy (Switzerland), Siemens (Germany), TTC MARCONI RAD (Czechia), Juniper Networks (United States), Avara Technologies (Australia) and CTC Union (Taiwan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Cisco Systems Inc. (United States), ECI Telecom Ltd. (Israel), Ericsson (Sweden) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Multiservice Platform for Power market by Type (EDFA, OEO, OLP, OLM, FEC and Other), Application (Utilities, OthersPublic Utilities, Private Utilities and Others) and Region.
On the basis of geography, the market of Multiservice Platform for Power has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
OEM maintenance expenses are increasing and Reduce the Complexity of IT Support and Maintenance with the Multiservice Platform for Power
Market Growth Drivers:
Predicted Growth Rate for the Power Market Multiservice Platform and IT Infrastructure Is Changing At an Incredible Rate
Challenges:
Multiservice Platform for Power Insufficient Technological Knowledge and Changes in the Multiservice Infrastructure Have Resulted In a Lack of New Service Offerings
Restraints:
Loss of Control over Multiservice Power Assets and Concerns about Proprietary Data Sharing, As Well As Privacy and Security Issues
Opportunities:
Demand for Additional Levels of Support Multiservice Is Growing and Centralized Support Services Are Becoming Increasingly Popular
Market Leaders and their expansionary development strategies
On 2nd May 2021, ProLabs, a global leader in optical networking and connectivity solutions, has announced the launch of its latest portfolio of transceiver solutions, which ensures smooth digital transformation and supports next-generation 400G technology, which organisations are currently struggling to harness despite its potential to transform industry operations for the better.
On 13th April 2022, Derichebourg Multiservices, a facility services provider for businesses and municipalities, has installed IoT solutions from Siemens subsidiary Enlighted at its new headquarters in Creteil, near Paris. Enlighted's smart sensors are directly integrated into the LED lighting in the new office space, allowing Derichebourg Multiservices to save significant energy and meet government restrictions mandating enterprises in France to save 40% of their energy by 2030.
Hitachi Energy's FOX615 is a fantastic multi-service multiplexer that enables both the growth of existing communication infrastructure and a smooth transfer to future technology. Within state-of-the-art SDH networks and MPLS-TP networks, FOX615 incorporates tele protection interfaces for distance as well as differential protection simultaneously, enabling an easy and flexible solution to transition technology in a utility network. The FOX615 also functions as a substation IED, enabling GOOSE-based protection applications of digital substations thanks to its newest IEC61850 interface.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, New Entrants and Investors, Original Equipment Manufacturers, Multiservice Platform for Power Distributors and Suppliers, Government Bodies, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.