About this market
Increasing investments in data center to drive market growth. Data centers are networked computer servers that are used by organizations for the remote distribution, processing, and storage of large volumes of data. The development of smart cities, smart grids, and smart homes generates a large amount of data. Monitoring and processing this data have become a priority, which creates requirements for data centers. ’ s analysts have predicted that the optical time domain reflectometer market will register a CAGR of almost 4% by 2023.
Market Overview
Growing investments in smart city projects
Smart cities comprise public amenities and infrastructure connected through communication networks. Automobiles communicating with traffic lights or with the smartphones of pedestrians is an instance. Street lights can be switched on and off based on the daylight, which will reduce power consumption. This will require mobile networks such as 4G/5G, which can handle a massive amount of data. Globally countries are focusing on the development of smart cities to manage assets and resources efficiently.
High cost of OTDR
An OTDR is primarily used for tier-2 certification during the deployment of optical fiber networks. It is a supplementary test performed after tier-1 certification testing. However, many a time, during the OTDR testing process, potential inaccuracy is reported. This poses as a threat to the market growth.
For the detailed list of factors that will drive and challenge the growth of the optical time domain reflectometer market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies Fortive and VIAVI Solutions the competitive environment is quite intense. Factors such as the growing investments in smart city projects and the increasing investments in data center, will provide considerable growth opportunities to optical time domain reflectometer manufactures. Anritsu, EXFO, Fortive, VIAVI Solutions, and Yokogawa Test & Measurement are some of the major companies covered in this report.