Next Generation Network Market

>

Next Generation Network Market

Next Generation Network Market was valued US$ 31.12 Bn in 2017 and is estimated to reach US$ 32.14 Bn by 2026 at a CAGR of about 7.5 % during a forecast.

The next generation network equipment industry is anticipated to rise at a significant rate over the forecast period. Increase in preference to rising profit margin and customer satisfaction in telecom service providers are anticipated to drive industry growth over the forecast period. Next generation network provides interoperability by means of open interface between layers of core network architecture. Rapid technological innovation is a major factor which is driving the growth in the telecommunication industry. Next generation network offers several features to support data and voice communication services that encourage adoption of advanced services among consumers. This factor is anticipated to positively impact the next generation network equipment market during the forecast period. Next generation network technology is capable of offering sufficient bandwidth to support the increase in data traffic.

Next-Generation Network Market

Next generation network market is segmented into offering, application, end-user, and Region. On the basis of an offering, the major hardware devices required for the next-generation network include routers, switches, and gateways. The growth for hardware offering is mainly attributed to the rise in data traffic in networks and the increase in virtualization and technological advancement to reduce OPEX. The software focuses on making the network responsive and versatility in terms of scaling up according to the network requirement. It allows network operators to make changes instantly in their network through a centralized control system according to the rate at which data traffic increases or decreases.

The next generation network market is segregated on the basis of application into internet video, IPTV & VOD, web data, file sharing, and gaming. Emerging video-streaming services on TV and other entertainment devices is anticipated to drive heavy data consumption in the internet video application.

Based on end-user, Telecom service providers industry relies heavily on these tools for providing a better value proposition. Telecom service providers are making an investment in these tools to distinguish their service offering in a competitive market and drive profitable revenue growth. Authentication of telecom service providers subscribers through non-traditional identifiers and hot provisioning will be key drivers for these tools owing to the increase in the importance of data privacy and security.

In terms of region, Asia Pacific is anticipated to be the fastest-growing region for the product over the forecast period owing to the existence of large customer base and evolving telecom industry. Latin America, the Middle East & Africa are other regions expected to witness substantial growth over the next few years.

Key Players Profiled and Analysed in the Report

Cisco Systems Inc., Juniper Network Inc., IBM Corporation, VMware Inc., M2 Telecommunication Group, Oracle Corporation, Citrix Systems Inc., F5 Networks Inc., Alcatel-Lucent S.A, AT&T Inc., Macquarie Telecom Group Ltd., and Telstra Corporation Ltd. among others.

Market Scope of Next Generation Network Market

Next Generation Network Market by Offering 

  • Hardware
  • Software
  • Services

Next Generation Network Market by Application

  • Internet video
  • IPTV & video on demand
  • File sharing and web data
  • Gaming

Next Generation Network Market by End-User 

  • Telecom Service Provider
  • Internet Service Provider
  • Government

Next Generation Network Market by Geography 

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • Latin America

Key players operating in the Next Generation Network Market 

  • Cisco Systems Inc.
  • Juniper Network Inc.
  • IBM Corporation
  • VMware Inc.
  • M2 Telecommunication Group
  • Oracle Corporation
  • Citrix Systems Inc.
  • F5 Networks Inc.
  • Alcatel-Lucent S.A
  • AT&T Inc.
  • Macquarie Telecom Group Ltd.
  • Telstra Corporation Ltd.
  • Huawei
  • ZTE
  • Ericsson
  • Nokia
  • Samsung Electronics
  • Hewlett Packard Enterprise
  • ADTRAN
  • TelcoBridges
  • Ciena Corporation
  • TELES

About company information-

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Share:

Keywords: next generation network market

Comments

Other related blogs

blog

By : Rhoshyon

The greatest situs poker online player knows that he cannot win every time. Even if you are too good..


Best SEO Company in Dehradun

By : Pooja Rana

SkySmart is the best SEO company in Dehradun. We provide white hat seo services and generate leads f..


Best SEO Company in Dehradun

By : Pooja Rana

SkySmart is the best SEO company in Dehradun. We provide white hat seo services and generate leads f..


Best SEO Company in Dehradun

By : Pooja Rana

SkySmart is the best SEO company in Dehradun. We provide white hat seo services and generate leads f..