Next Generation Network (NGN) Equipment Market Scope
A next-generation network (NGN) is a packet-based network that provides consumers with services such as telecommunications that can use quality-of-service (QoS)-enabled transport technologies, multiple broadband, and service-related functions that are separate from underlying transport-related technologies. The evolution and migration of fixed and mobile network infrastructures, including converged networks, proprietary networks, and other IP-based networks, is referred to as "next generation network. Mobile backhaul equipment, metro access/aggregation, data centre switches, business switches, and routers are all needed for the implementation of next generation network (NGN) solutions. Manufacturers of next-generation network (NGN) equipment are concentrating on designing equipment that is inexpensive, versatile, and scalable, as well as providing the features needed in the equipment. Device manufacturers are continuing to invest in next generation packet-based network elements to meet the increasing demand for IP services among consumers who consume massive amounts of bandwidth every day.
The Next Generation Network (NGN) Equipment market study is segmented by Type (High fibre copper cables, Broadband wireless Access Devices, Broadband Devices Over Power Lines, Mobile Network Devices and Other) and major geographies with country level break-up.
The Market is highly competiitvve with several players present in the market .Brand innovation, strategic alliances, mergers, and acquisitions are among the tactics used by major market players to broaden their product offerings and extend their global scope. Research Analyst at AMA estimates that United States and Asian Players will contribute to the maximum growth of Global Next Generation Network (NGN) Equipment market throughout the predicted period.
Cisco (United States), Huawei (China), ZTE (China), Ericsson (Sweden), Nokia (Finland), Juniper Network (United States), NEC Corporation (Japan), Samsung Electronics (South Korea), Ciena Corporation (United States), Hewlett Packard Enterprise (United States) and ZTE Corporation (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are KPN International (Netherlands), Infradata (Netherlands), PortaOne (Canada) and TelcoBridges (Canada).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Next Generation Network (NGN) Equipment market by Type, Application and Region.
On the basis of geography, the market of Next Generation Network (NGN) 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).
Market Leaders and their expansionary development strategies
December 2020 – Cisco acquired Dashbase Inc. Dashbase will enable customers to support broader and more highly unique and uncommon data sources across cloud and traditional environments in a scalable, high-performance way, giving them greater insight into performance issues
December 2020 – Nokia starts production of next generation 5G equipment in India. and Telecom gear maker Nokia announced that it has started production of 5G equipment in India and the equipment are being shipped to countries that are in advanced stages of deploying the next generation technology.
Market Trend
- Growing IoT and Cloud-Based Services
- Continued Up gradation in Technology
Market Drivers
- Increasing Demand for High-Speed Services
- Low Operational Cost
Opportunities
- Rapid Technological Innovation
- Increased Dependency on Internet in the Fast-moving World
- Growing Adoption of Convergent Billing Systems
Restraints
- High Cost of Infrastructure
Challenges
- Difficulties in the Integration of Legacy Systems
Key Target Audience
Manufacturers of Next Generation Network (NGN) Equipment, Suppliers of Next Generation Network (NGN) Equipment, Technology Providers, Software Providers, Telecom Service Providers and Internet Service Providers