Global Next-Generation Network Market Overview:
Next-generation packet-based network is widely used for data communication, multimedia, and other public interest services. Increased adoption of cutting-edge technologies such as AI, machine learning, cloud & edge computing, etc. across the industries for smart manufacturing and automating the process has increased the demand for next-generation and advanced networks. Further, governments' increased focus on developing smart cities is expected to create noteworthy opportunities for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emergence of Artificial Intelligence 5G & 6G Networking Technologies and Adoption of Software Defined Networks and Transformation to Edge Computing
Market Growth Drivers:
Increased Adoption of Automation Across Industries and Demand for Wireless Network and Increased Demand for High Speed and Reliable Internet Connectivity
Challenges:
Lack of Skilled Professional and Concern Related with Wireless Network Security
Restraints:
Inadequate Telecom Infrastructure in Some Underdeveloped Countries
Opportunities:
Expansion of Private 5G Networks for Enhanced Security and Lighten Efficiency Challenges and Increasing Industrialization and Adoption of Industrial IoT in Emerging Economies
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Some of the key players profiled in the report are Cisco Systems, Inc. (United States), Larsen & Toubro Limited (India), ZTE Corporation (China), Huawei Technologies Co., Ltd. (China), Nokia Corporation (Finland), Ciena Corporation (United States), AT&T Inc. (United States), Telefonaktiebolaget LM Ericsson (Sweden), Juniper Networks, Inc. (United States), Qualcomm Incorporated (United States), IBM (United States), Samsung Electronics Co., Ltd. (South Korea), Hewlett Packard Enterprise (United States) and Arista Networks, Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Next-Generation Network market by 2030. Considering Market by Components, the sub-segment i.e. Hardware will boost the Next-Generation Network market. Considering Market by Network Type, the sub-segment i.e. Wired will boost the Next-Generation Network market. Considering Market by Deployment, the sub-segment i.e. Public Network will boost the Next-Generation Network market. Considering Market by End User, the sub-segment i.e. Telecom Companies will boost the Next-Generation Network market.
What Can be Explored with the Next-Generation Network Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Next-Generation Network Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Next-Generation Network
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Next-Generation Network market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Next-Generation Network market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Next-Generation Network Solution Providers, End Users, Government Regulatory Bodies, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.