Global Network Transformation Market Research Growth, Trend and Forecast
The Global Network Transformation Market was valued at USD 4.32 billion in 2016 and is projected to reach USD 332.17 billion by 2025, growing at a CAGR of 62.01% from 2017 to 2025.
The Global Network Transformation Market major key players in the market are as follows:
1. Juniper Networks
2. Nokia Networks
3. HPE
4. Ericsson
5. Huawei
6. Fujitsu
7. IBM Corporation
8. Accenture
9. NEC
10. Mavenir
11. Intel
12. Cisco Systems
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Network Transformation provides a roadmap for the enterprise to modernize its information technology infrastructure, focusing on cost reduction, performance improvement, and cloud enablement. The enterprise should follow the network transformation if they are unable to overcome network latency and poor performance, high costs related to network operation, etc.
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Market Dynamics:
- 1. Market Drivers
- 1.1 Increasing BYOD Adoption
1.2 Growing Bandwidth Requirement
1.3 Enhancement of Networking Solutions
1.4 Development of Next-Generation Networking Solutions
- 1.1 Increasing BYOD Adoption
- 2. Market Restraints
- 2.1 Security Threats
2.2 Network Scalability
- 2.1 Security Threats
Market Segmentation:
The Global Network Transformation Market is segmented on the basis of organization size, component, verticals, and region.
- 1. By Organization Size:
- 1.1 Large Companies
1.2 Mid-sized Companies
1.3 Small Companies
- 1.1 Large Companies
- 2. By Component:
- 2.1 Solution
- 2.1.1 Centralization and Virtualization
2.1.2 Physical Appliances
2.1.3 5G Networks
2.1.4 Network Automation
- 2.1.1 Centralization and Virtualization
- 2.2 Service
- 2.2.1 Managed Services
2.2.2 Professional Services
- 2.2.1 Managed Services
- 2.1 Solution
- 3. By Vertical:
- 3.1 Media and Entertainment
3.2 Energy and Utilities
3.3 Manufacturing
3.4 Telecommunication and IT
3.5 Others
- 3.1 Media and Entertainment
- 4. By Region:
- 4.1 North America U.S., Canada, Mexico
4.2 Europe Germany, UK, France, Rest of Europe
4.3 Asia Pacific China, India, Japan, Rest of Asia
4.4 Latin America Brazil, Argentina, Rest of Latin America
4.5 Rest of the World
- 4.1 North America U.S., Canada, Mexico
Research Methodology of Planet Market Reports
Research study on the Global Network Transformation Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check, and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also, market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Planet Market Reports and other aspects of the research study, kindly get in touch with our sales team.
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Network Transformation Market Report Summary: In the first section, the Global Network Transformation Market report presents industry overview, definition, and scope. The second part briefs about the Global Network Transformation industry bifurcation by Type, Application, and Geographical regions. The top industry players, revenue analysis, and sales margin are explained. The production and consumption scenario is specified.
The SWOT analysis by players, the growth rate for each type, application, and the region is covered. A 5-year forecast Global Network Transformation industry perspective will lead to profitable business plans and informed moves. Towards, the end data sources, research methodology, and findings are offered.
Geographic Analysis
- Further breakdown of the North American data-wrangling Market
- Further breakdown of the European Market
- Further breakdown of the APAC Market
- Further breakdown of the MEA Market
- Further breakdown of the Latin American Market
Please note that owing to the criticality of the Network Transformation Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.
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