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Home | Search Global IT News: IT News & Press Release Distribution: Optical Wavelength Services (OWS) Market worth USD 4.9 billion in 2023 (IT-NEWSWIRE.COM, October 25, 2021 ) MarketsandMarkets forecasts the Optical Wavelength Service (OWS) market size to grow from USD 3.3 billion in 2018 to USD 4.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period. Optical Wavelength Service is defined as a dedicated bandwidth connectivity that offers high-speed internet services, delivered over fiber optic lines. It is majorly utilized by businesses involved in telecommunications, Internet Service Providers (ISPs), and wholesale internet access. It meets the application needs of high bandwidth capacity and supports multiple interfaces, such as Ethernet, Synchronous Digital Hierarchy (SDH)/Synchronous Optical Networking (SONET), and Optical Transport Network (OTN). Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=81649158 In the OWS market, the key and emerging market players include Zayo Group (US), Nokia (Finland), Verizon (US), GTT (US), CenturyLink (Louisiana), AT&T (US), Sprint (US), Comcast (US), Colt Technology Solution (UK), Crown Castle (US), Windstream Enterprises (US), Charter Communications (US), Cox Communications (US), and Jaguar Network (France). These players have adopted various strategies to grow in the global OWS markets. Zayo is a provider of bandwidth infrastructure and also offers a variety of solutions in the telecommunication area through number of its subsidiaries. The company’s transport segment includes wavelengths, Ethernet, SONET, and wholesale IP offerings. Operating segments of Zayo are fiber solutions, transport, enterprise networks, zColo, Allstream, and others. In January 2016, Zayo acquired Allstream, an OWS provider. This acquisition has added significant capacity to the Zayo’s OWS capacity. Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81649158 GTT Communications provides telecommunication services to multinational clients. Its services include transport and infrastructure services, WAN services, internet services, event services, and voice and unified communication services. It caters to its customers across North America, Europe, MEA, and APAC. The company offers its services to a wide range of verticals, including media and entertainment, healthcare, travel and hospitality, transportation, manufacturing, and consumer goods and retail. In May 2018, GTT acquired Interoute, Europe’s prominent fiber network operator and a key player in the OWS market. The acquisition significantly augments the GTT’s IP network. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: sales@marketsandmarkets.com MarketsandMarkets™ Mr. Aashish Mehra 1-888-600-6441 raviraj.tak@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

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