What is Access Network Telecom Equipment Market?
The access network is a telecommunications network that connects subscribers to their immediate service provider. It also helps to connect local providers to one another. The access network can be divided between feeder plant or distribution network, and drop plant or edge network. Also, access network is referred to as the outside plant, which is the series of wires, cables and equipment between a consumer/business telephone termination point and the local telephone exchange. The access network is the oldest asset telecom operators have.
The market study is being classified by Type (Mobile network and Fixed network), by Application (Telecom Operators, Government and Company and Other) and major geographies with country level break-up.
Nokia (Finland), Ericsson (Sweden), Cisco Systems (United States), ZTE (China), Samsung (South Korea), Ciena (United States), Fujitsu (Japan), Juniper Networks (United States), FiberHome Technologies (India), Huawei (China), Qualcomm (United States) and Intel (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Access Network Telecom Equipment market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Access Network Telecom Equipment market by Type, Application and Region.
On the basis of geography, the market of Access Network Telecom Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Demand for Improved Network Coverage
- Emerging End Use Applications Such as Autonomous Driving, Augmented Reality, and Medicine
Market Trend
- Digitisation and Low Internet Tariffs are Boosting the Number of Internet Users
Restraints
- Delay in Standardisation of Spectrum Allocation
Opportunities
- Rising Demand for Network Infrastructure
- Rising Ownership of Smartphones across the Globe
Challenges
- Lack of Skilled Professionals May Hamper the Market
- Interference in Cell Sites
Market Leaders and some development strategies
On December 2019, Cisco has acquired Exablaze which is an Australia-based designer and manufacturer of advanced network devices aimed at reducing latency and improving network performance.
In February 2020, Altiostar has announced that it is launching the world's first container-based, cloud-native 5G radio access network (RAN) software. This solution was developed in collaboration with Intel and will be deployed with Rakuten Mobile in Japan.
Key Target Audience
Manufacturers, Raw material suppliers, Distributors, Government associations, Research organisations and Others