Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Attractive Opportunities in Overall Next-Generation Network Market

 



(IT-NEWSWIRE.COM, August 20, 2019 ) The next-generation network market was valued at USD 20.20 billion in 2017 and is projected to reach USD 32.81 billion by 2023, at a CAGR of 7.0% during the forecast period. The base year considered for the study is 2017, and the forecast period considered is 2018–2023. This report provides a detailed analysis of the NGN market based on offering, end user, application, and region. The report forecasts the market size, in terms of value, for various segments with regard to 4 main regions—North America, Europe, APAC, and RoW. It strategically profiles the key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leader.



Don’t miss out on business opportunities in next-generation network market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=61867062#emailwire



The research methodology used to estimate and forecast the NGN market begins with capturing investment in the NGN sector through secondary research. Secondary sources referred to this research study include government sources, industry associaton publications, International Telecommunication Union, GSM Association, World Economic Outlook, trade websites, Hoovers, Bloomberg Businessweek, Factiva, OneSource, World Bank data, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations. The bottom-up procedure has been employed to arrive at the overall size of the NGN market from the revenues of key players in the market. After arriving at the overall market size, the overall market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.



Telecom service provider to hold major share of NGN market during forecast period



Telecommunications companies are increasingly adopting NGN to meet the growing requirements for high-speed data services. The exponential growth in IP and mobile data traffic has been the major reason for the increasing adoption of NGN in the telecommunications industry. As the number of smartphone and tablet users increases day by day, demand for high-speed data services grows significantly. Also, the rising trend of Voice over Internet Protocol promotes telecommunications companies to provide services pertaining to quality as well as the quantity of data. Many companies in this industry proactively provide NGN products and services and are likely to transform traditional network to high-speed packet-based NGN.



Browse and in-depth TOC on "next-generation network market"



60 - Tables

32 - Figures

117 - Pages



View more detailed TOC @

https://www.marketsandmarkets.com/Market-Reports/next-generation-network-market-61867062.html#emailwire



Market for hardware to hold major share of NGN market from 2018 to 2023



The major hardware devices required for NGN include routers, switches, and gateways. To upgrade traditional network into NGN, the hardware needs to be replaced with advanced capabilities including huge data handling, compatible for software interface, and support legacy network. The growth for hardware offering is primarily attributed to the rise in data traffic in networks and increase in virtualization and technological advancement to reduce OPEX. Moreover, technological advancements and growing IoT and cloud-based services are expected to create opportunities for the NGN market.



APAC to hold major share of NGN market from 2018 to 2023



The growth is attributed to the increasing network upgrade activities in APAC and growing public–private partnerships to offer high-speed data connectivity. APAC consists of the highest number of mobile subscribers, and the number is expected to grow at a faster rate in the coming years. APAC is a diversified region with a range of countries moving toward digital transformation. The NGN market, including 4G, is at a growing stage in APAC driven by a large number of mobile subscribers and huge demand for high-speed data connectivity.



Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=61867062#emailwire



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) are among the major players in the NGN market.



Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting



About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Website: http://www.marketsandmarkets.com/

MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC