Global Network Transformation- Market Outlook 2017-2026Global Network Transformation Market is accounted for $6.77 billion in 2017 and is expected to reach $417.81 billion by 2026 growing at a CAGR of 58.1% during the forecast period.
Description:- (Global Network Transformation- Market 2017-2026)
Rise in the implementation of the BYOD Policy, increase in the adoption of IT as-a-service (Itaas) and virtualization in the IT Industry and quick demand in bandwidth requirement are some of the key factors fuelling the market growth. However, lack of skills and knowledge in next-generation networking solutions are negatively impacting the growth of the market. The acceptance of advanced networking solutions in SMEs and development of 5G networks is expected to open new business opportunities over the forecast period 2026.
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The global Network Transformation market outlook report covers key market drivers, restraints, and opportunities which determine the dynamics of the market. The market has been analyzed using tools such as SWOT (Strength, weakness, opportunities, and threat)
By solution, network automation segment is driven by the quick development of network infrastructure necessary to support the augmented expansion of network traffic produced by application usage, data, and social media. It develops the safety compliances of the network by automating security compliance. It computerizes the operation, management, testing, arrangement and process of virtual and physical devices inside the network. It also assists in decreasing the network operation price by automating time-consuming and design tasks.
By service, professional services segment assists organizations across a numerous end users to successfully improve performance and quickness of their networks. It also helps venture to produce a highly available, secure and bigger network environment that supports the enterprise expansion vision while accepting the occurrence of voice & data systems and traffic. Deployment and provisioning services are fundamental and the most significant feature of executing network transformation solutions to optimize their network technologies.
By Geography, North America is anticipated to dominate the largest market share due to increasing trends such as BYOD & growing implementation of smart connected devices & IIoE and increased budgets & allowances have encouraged various global vendors to make considerable investments in the region. Asia Pacific is the highest growing market during the forecast period due to the maximum rate owing to the fast growth of the IT infrastructure and the acceptance of new technologies along with increased funds in large scale infrastructure.
Some of the key players in Network Transformation market include:
Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise (HPE) Company, Huawei Technology Co. Ltd., IBM Corporation, NEC Corporation, Intel Corporation, Ericsson, Fujitsu Limited and Accenture Plc.
Solutions Covered:
C-Ran
Network Automation
5G Networks
SDN and NFV
Organization Sizes Covered:
Small and Medium-Sized Enterprises
Large Enterprises
Services Covered:
Managed Services
Professional Services
End Users Covered:
Energy and Utilities
Information Technology (IT)
Manufacturing
Media and Entertainment
Telecom
Other End Users
Regions Covered:
North America (US, Canada, Mexico), Europe (Germany, UK, Italy, France, Spain, Rest of Europe), Asia Pacific (Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific), South America (Argentina, Brazil, Chile, Rest of South America), and Middle East & Africa (Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa).
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Major Point from Table of Content:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Network Transformation Market, By Solution
6 Global Network Transformation Market, By Organization Size
7 Global Network Transformation Market, By Service
8 Global Network Transformation Market, By End User
9 Global Network Transformation Market, By Geography
10 Key Developments
11 Company Profiling
11.1 Cisco Systems, Inc.
11.2 Juniper Networks, Inc.
11.3 Hewlett Packard Enterprise (HPE) Company
11.4 Huawei Technology Co. Ltd.
11.5 IBM Corporation
11.6 NEC Corporation
11.7 Intel Corporation
11.8 Ericsson
11.9 Fujitsu Limited
11.10 Accenture Plc
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