FEATURED COMPANIES
- Accenture PLC
- Cisco Systems, Inc.
- Ericsson AB
- Fujitsu Ltd.
- IBM Corporation
- Intel Corporation
Global Network Transformation Market to Reach $346.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Network Transformation estimated at US$15.2 Billion in the year 2020, is projected to reach a revised size of US$346.7 Billion by 2027, growing at a CAGR of 56.3% over the analysis period 2020-2027. SDN & NFV, one of the segments analyzed in the report, is projected to record a 54.7% CAGR and reach US$170.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the C-RAN segment is readjusted to a revised 51.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 53.6% CAGR
The Network Transformation market in the U.S. is estimated at US$4.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$54.9 Billion by the year 2027 trailing a CAGR of 53.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 50.1% and 47.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 37.8% CAGR.
Network Automation Segment to Record 63.7% CAGR
In the global Network Automation segment, USA, Canada, Japan, China and Europe will drive the 63.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$61.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$43.2 Billion by the year 2027.
Select Competitors (Total 46 Featured):
Amid the COVID-19 crisis, the global market for Network Transformation estimated at US$15.2 Billion in the year 2020, is projected to reach a revised size of US$346.7 Billion by 2027, growing at a CAGR of 56.3% over the analysis period 2020-2027. SDN & NFV, one of the segments analyzed in the report, is projected to record a 54.7% CAGR and reach US$170.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the C-RAN segment is readjusted to a revised 51.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 53.6% CAGR
The Network Transformation market in the U.S. is estimated at US$4.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$54.9 Billion by the year 2027 trailing a CAGR of 53.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 50.1% and 47.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 37.8% CAGR.
Network Automation Segment to Record 63.7% CAGR
In the global Network Automation segment, USA, Canada, Japan, China and Europe will drive the 63.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$61.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$43.2 Billion by the year 2027.
Select Competitors (Total 46 Featured):
- Accenture PLC
- Cisco Systems, Inc.
- Ericsson AB
- Fujitsu Ltd.
- Hewlett Packard Enterprise Development LP (HPE)
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Intel Corporation
- Juniper Networks, Inc.
- Mavenir Systems, Inc.
- NEC Corporation
- Nokia Networks
Frequently Asked Questions about the Global Market for Network Transformation
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| Report Attribute | Details |
|---|---|
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 15.2 Billion |
| Forecasted Market Value ( USD ) by 2027 | $ 346.7 Billion |
| Compound Annual Growth Rate | 56.3% |
FEATURED COMPANIES
- Accenture PLC
- Cisco Systems, Inc.
- Ericsson AB
- Fujitsu Ltd.
- IBM Corporation
- Intel Corporation
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes:
- Accenture PLC
- Cisco Systems, Inc.
- Ericsson AB
- Fujitsu Ltd.
- Hewlett Packard Enterprise Development LP (HPE)
- Huawei Technologies Co. Ltd.
- IBM Corporation
- Intel Corporation
- Juniper Networks, Inc.
- Mavenir Systems, Inc.
- NEC Corporation
- Nokia Networks
