Global Next-Generation Network Market, By Offering (Hardware, Software and Services), Application (Internet Video, IPTV & Video on Demand, File Sharing, Gaming, and Web Data), End User (Telecom Service Provider, Internet Service Provider and Government), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
The next-generation network market is expected to reach USD 39.35 billion by 2027 witnessing market growth at a rate of 8.1% in the forecast period of 2020 to 2027. Data Bridge Market Research report on next-generation network market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
A next-generation network is defined as a telecommunications packet-based network that handles multiple types of traffic such as voice, data and multimedia. It is a special and common core network for connectivity and services of all kinds. It provides users’ unlimited access to multiple service providers and also promotes universal accessibility that allows users to be provided reliably and omnipresent with services. Due to this, there is enhanced revenue generation and efficient network management.
Increase in public-private partnerships for next-generation network developments, demand for high speed services, low operational cost, high responsive network and demand for faster connectivity are the factors driving the growth of global next-generation network market. High infrastructure cost and unwillingness of small service providers to deploy new next-generation technologies due to high initial costs are the restraints of global next-generation network market.
Heavy investments by government and companies and active participation in R&D activities of next-generation network are the opportunities for global next-generation network market. Low awareness, slow adoption rate and availability of high-speed technologies are the challenges faced by global next-generation network market.
This next-generation network market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on next-generation network market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Next-Generation Network Market Scope and Market Size
Next-generation network market is segmented on the basis of offering, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of offering, the next-generation network market has been segmented as hardware, software and services. Hardware is further segmented into router, switch and gateway. Software is further segmented into software-defined network (SDN) and network function virtualization (NFV). Services are further segmented into consulting services, integration services and managed services.
- Based on application, the next-generation network market has been segmented into internet video, IPTV & video on demand and file sharing, gaming, and web data.
- The next-generation network market has also been segmented on the basis of end user into telecom service provider, internet service provider and government.
Global Next-generation Network Market Country Level Analysis
The global next-generation network market is analysed and market size, volume information is provided by country, offering, application and end user as referenced above.
The countries covered in the next-generation network market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the next-generation network market owing to the large customer base and evolving telecom industry. Also, the countries in the region take aggressive initiative to transform their traditional networks to advanced next-generation networks. The growth in the region can also be attributed to increasing no public-private partnerships and government’s push towards digitalisation.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Next-Generation Network Market Share Analysis
Next-generation network market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to next-generation network market.
The major players covered in the next-generation network market report are Accedian, Accenture, Advanced VoIP, advantage360, AdvOSS, Alcatel-Lucent, Amdocs, Aricent, Aruba Networks, ASC technologies, Ascom Network Testing, AsiaInfo, Astellia, Avotus, Azure Solutions, Bill Perfect, Inc., BSG Clearing Solutions, CBOSS, Centina Systems, Nokia Network, Oracle, Huawei Technologies, IBM and ZTE Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
In September 2020, STC deployed its very first 5G SA and 5G Voice over New Radio in Middle East and North Africa (MENA). Also its core network platform is purely cloud based.
Customization Available : Global Next-Generation Network Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.