Global Next-generation Network Market, By Offering (Hardware, Software, Services), Application (Internet Video, Iptv & video on demand, File Sharing, Gaming and Web Data), End User (Telecom Service Provider, Internet Service Provider, Government), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Market Analysis: Global Next-generation Network Market
The Global Next-generation Network Market is expected to reach USD 33.67 billion by 2025 from USD 21.21 billion in 2017 and is projected to grow at a CAGR of 8.1% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Next-generation Network Market
Next-generation Network is defined as a packet-based network and offers services including QoS-enabled transport technologies, telecommunication services and capable of making use of multiple broadband. Next-generation network provide service-related functions that are free from underlying transport-related technologies. It contains a different insight from future internet that focus on the evolution of Internet in terms of the interactions and variety of services offered. It handle multiple types of traffic such as voice, data, and multimedia.It has various features such as Unifying all switching using different technologies, highly virtualized 'cloud' computing ,connectionless or connection-oriented layer 2 switching or layer 3 routing, packet-based transfer and many more. It has a widely used in various vertical such as telecom service provider, internet service provider, government and others.
In 2018 CONDÉ NAST launches Next Generation Network, a collection of new and reimagined brands, reaching new audiences on new platforms. The Network contains The Hive, AD Clever, Basically Healthyish, GQ Style and Teen Vogue and other. Each year 82% millennial consumers, generating more than 20 million interactions on the Network’s brands.
In 2013, BSNL launches range of Next Generation Network (NGN) services such as video telephony, video surveillance and mobile advertising services. It provide a long awaited video calling and video conferencing services to the people of India
Market Drivers and Restraints:
- Demand for High-Speed Services
- Increase in public–private partnership (PPP) for NGN development
- Low Operational Cost.
Market Segmentation: Global Next-generation Network Market
- The global next-generation network market is segmented based on offering, application, end user and geographical segments.
- Based on offering, the market is segmented into hardware, software and services.
- Based on application, the market is segmented into internet video, Iptv & video on demand, file sharing, gaming and web data.
- Based on end user, the market is segmented into telecom service provider, internet service provider, government.
- Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Analysis: Global Next-generation Network Market
The global next-generation network market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of next-generation network market for global, Europe, North America, Asia Pacific and South America.
In 2017 Embassy of the United States of America and Aryaka Networks Inc. launched session in Portugal of the Next Generation global Network for Companies, operated by Aryaka in partnership with the company Cloud 365, with its headquarters at LISPOLIS.
Key Players: Global Next-generation Network Market
The renowned players in next-generation network market are NGN market include Cisco (US), Huawei (China), ZTE (China), Ericsson (Sweden), Nokia (Finland), Juniper Network (US), NEC Corporation (Japan), Samsung Electronics (South Korea), IBM (US), Ciena Corporation (US), Hewlett Packard Enterprise (US), AT&T (US), ADTRAN (US), TELES (Germany), KPN International (Netherlands), Infradata (Netherlands), PortaOne (Canada), TelcoBridges (Canada), CommVerge Solutions (Hong Kong), and Extreme Networks (US) and many more.
Research Methodology: Global Next-generation Network Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other