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Rise in demand for fast and reliable communication networks, increase in adoption of optical communication, and reduction in capital investment are some key drivers of the long haul solutions market. The global long haul solutions market is expanding due to the rapid rise in constant developments and innovations in telecommunications. Numerous companies are making significant investments to develop suitable technology for telecommunication. The long haul solutions market drivers is that it offers enhanced solutions for multiplexing circuit-switched low-speed streams and also administration, excellent operations, provisioning capabilities, and maintenance. The developments in long haul solutions have contributed to the constant deployment of the highest volume data transmission. Issues regarding its capacity and latency for networking solutions is a key restraint of the long haul solutions market. Owing to the expansion in technology and demand increment there is a demand for long haul solutions. It’s expected to on get in the long run, with the evolution of innovative and a lot of progressive long haul solutions.
The global long haul solutions market can be segmented based on network type, enterprise size, application, industry, and region. In terms of type, the long haul solutions market can be divided into point-to-point network, point-to-multipoint network, hub network, and ring network. Long haul solutions with point-to-point network provide superior speed optical connections from one data center to the other. Point-to-point is a popular network among web-based companies and cloud providers due to its simplicity. Based on enterprise size, the long haul solutions market can be classified into large enterprises and small and medium enterprises (SMEs). In terms of application, the market can be segregated into enterprise data links and service provider transmission links and networks. Based on industry, the long haul solutions market can be categorized into telecom, manufacturing, government, oil & gas, aerospace & defense, and mining. In terms of region, the global long haul solutions market can be segmented into North America, Europe, Middle East & Africa, Asia Pacific, and South America. North America and Europe are likely to hold prominent share of the market due to the developed countries such as the U.S., the U.K, France, and Germany. Asia Pacific is an emerging market due to high penetration of long haul communications.
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Key players operating in the global long haul solutions market include Cisco Systems, Inc., Timbercon, Inc., Ceragon, CenturyLink, Inc., Juniper Networks, OFS Fitel, LLC. and Corning Incorporated.
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