Market Overview

$32 Billion Next-Generation Network Market - Global Forecast to 2023 - ResearchAndMarkets.com

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The "Next-Generation
Network Market by Offering (Hardware, Software, Services), Application,
End User (Telecom Service Provider, Internet Service Provider,
Government), and Geography (North America, Europe, Asia Pacific, RoW) -
Global Forecast to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The next-generation network (NGN) market is expected to grow from USD
21.86 billion in 2018 to USD 32.81 billion by 2023, at a CAGR of 7.0%
from 2018 to 2023.

Demand for high-speed services, increase in public-private partnerships
for NGN developments, and low operational cost are the major drivers for
the NGN market growth, while high infrastructure cost restrains the
growth of the NGN market.

Software focuses on making the network responsive and flexible in terms
of scaling up according to the network requirement. It allows network
operators to make changes quickly in their network through a centralized
control system according to the rate at which data traffic increases or
decreases.

In software, a network engineer is able to control data traffic from a
centralized control system without having physical access to the network
hardware such as routers and switches. It also enables network engineer
to deliver network services to any location irrespective of what
hardware components are connected to. It also enables prioritizing the
data; as a result, the market for software is expected to grow at
highest CAGR during the forecast period.

The growth is primarily attributed to increasing demand for high-speed
data services and growing technological advancements in IoT and M2M
communication. Digitalization has changed the business model for
internet service providers. It has increased the need for effective and
efficient networks that can handle the high level of network traffic and
provide high-speed data services.

Network transformation enables internet service providers to support a
variety of automated and professional services to enhance consumer
experience. Moreover, NGN reduces OPEX of internet service providers,
which is expected to help them provide high-speed data service at a low
price.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Next-Generation Network Market, By Offering

7 Next-Generation Network Market, By Application

8 Next-Generation Network Market, By End User

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

  • Adtran
  • At&T
  • Ciena Corporation
  • Cisco
  • Commverge Solutions
  • Ericsson
  • Extreme Networks
  • Hewlett Packard Enterprise
  • Huawei
  • IBM
  • Infradata
  • Juniper Network
  • Kpn International
  • NEC Corporation
  • Nokia
  • Portaone
  • Samsung Electronics
  • Telcobridges
  • Teles
  • ZTE

For more information about this report visit https://www.researchandmarkets.com/research/23lzcg/32_billion?w=4

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