Next-generation network market to grow at a CAGR of 7.0% from 2018 to 2023
The next-generation network (NGN) market is expected to grow from USD 21.86 billion in 2018 to USD 32.81 billion by 2023, at a CAGR of 7.0% from 2018 to 2023. Demand for high-speed services, increase in public–private partnerships for NGN developments, and low operational cost are the major drivers for the NGN market growth, while high infrastructure cost restrains the growth of the NGN market.
Based on offering, software to grow at highest CAGR during forecast period
Software focuses on making the network responsive and flexible in terms of scaling up according to the network requirement. It allows network operators to make changes quickly in their network through a centralized control system according to the rate at which data traffic increases or decreases. In software, a network engineer is able to control data traffic from a centralized control system without having physical access to the network hardware such as routers and switches. It also enables network engineer to deliver network services to any location irrespective of what hardware components are connected to. It also enables prioritizing the data; as a result, the market for software is expected to grow at highest CAGR during the forecast period.
Market for internet service provider to grow at highest CAGR during forecast period
The growth is primarily attributed to increasing demand for high-speed data services and growing technological advancements in IoT and M2M communication. Digitalization has changed the business model for internet service providers. It has increased the need for effective and efficient networks that can handle the high level of network traffic and provide high-speed data services. Network transformation enables internet service providers to support a variety of automated and professional services to enhance consumer experience. Moreover, NGN reduces OPEX of internet service providers, which is expected to help them provide high-speed data service at a low price.
Next-generation network market in APAC to grow at highest CAGR during forecast period
Countries in APAC undertake aggressive initiatives to transform their traditional network infrastructure to advanced NGN; as a result, the NGN market in APAC is expected to grow at the highest rate. APAC witnesses dynamic changes in the adoption of new technologies and advancements in organizations across various industries. The NGN market would play an integral role in advanced technologies such as the Internet of Things (IoT) and machine-to-machine communication (M2M), and other sectors such as smart cities, as well as in industrial automation. In these areas, high-speed connectivity, with low latency is required to provide simultaneous connectivity between multiple devices, as well as to improve the overall performance of a system. This offers huge potential for NGN connectivity and related infrastructure to provide faster communication and simultaneous connection among different devices.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions.
The breakup of the profiles of primary participants has been given below:
- By Company Type: Tier 1 = 20%, Tier 2 = 55%, and Tier 3 = 25%
- By Designation: C-Level Executives = 50%, Directors = 25%, and Others = 25%
- By Region: North America = 60%, Europe = 20%, APAC = 10%, and RoW = 10%
Major players in the next-generation network market are Cisco (US), Huawei (China), ZTE (China), Ericsson (Sweden), Nokia (Finland), Juniper Network (US), NEC Corporation (Japan), Samsung Electronics (South Korea), IBM (US), Ciena Corporation (US), Hewlett Packard Enterprise (US), AT&T (US), ADTRAN (US), TELES (Germany), KPN International (Netherlands), Infradata (Netherlands), PortaOne (Canada), TelcoBridges (Canada), CommVerge Solutions (Hong Kong), and Extreme Networks (US).
Research Coverage:
The report defines, describes, and forecasts the NGN market based on offering, end user, application, and geography. It provides detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the NGN market. It also analyzes the competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches carried out by the key players to grow in the market.
Reasons to Buy the Report:
Illustrative segmentation, analysis, and forecast pertaining to the NGN market based on offering, application, end user, and geography have been conducted to provide an overall view of the NGN market.
Major drivers, restraints, opportunities, and challenges affecting the NGN market growth have been detailed in this report.
A detailed competitive landscape of the key players in the market, along with their revenues, has been included.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Years Considered
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.3 Market Ranking Analysis
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Overall Next-Generation Network Market
4.2 Next-Generation Network Market, By Offering
4.3 Next-Generation Network Market, By Application and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for High-Speed Services
5.2.1.2 Increase in Public–Private Partnership (PPP) for Ngn Development
5.2.1.3 Low Operational Cost
5.2.2 Restraints
5.2.2.1 High Infrastructure Cost
5.2.3 Opportunities
5.2.3.1 Technological Advancements
5.2.3.2 Growing IoT and Cloud-Based Services
5.2.4 Challenges
5.2.4.1 Traffic Handling
6 Next-Generation Network Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Router
6.2.2 Switch
6.2.3 Gateway
6.3 Software
6.3.1 Software-Defined Network (SDN)
6.3.2 Network Function Virtualization (NFV)
6.4 Services
6.4.1 Consulting Services
6.4.2 Integration Services
6.4.3 Managed Services
7 Next-Generation Network Market, By Application
7.1 Introduction
7.2 Internet Video
7.3 Iptv & Video on Demand
7.4 File Sharing, Gaming, and Web Data
8 Next-Generation Network Market, By End User
8.1 Introduction
8.2 Telecom Service Provider
8.3 Internet Service Provider
8.4 Government
9 Geographic Analysis
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 Japan
9.4.3 South Korea
9.4.4 India
9.4.5 Rest of APAC
9.5 RoW
9.5.1 Latin America
9.5.2 Middle East & Africa
10 Competitive Landscape
10.1 Introduction
10.2 Ranking Analysis of Players in Next-Generation Network Market
10.3 Competitive Situations and Trends
10.3.1 Product Launches
10.3.2 Agreements, Partnerships, Contracts, and Collaborations
11 Company Profiles
11.1 Key Players
11.1.1 Cisco
11.1.2 Huawei
11.1.3 ZTE
11.1.4 Ericsson
11.1.5 Nokia
11.1.6 Juniper Network
11.1.7 NEC Corporation
11.1.8 Samsung Electronics
11.1.9 IBM
11.1.10 Ciena Corporation
11.2 Other Key Players
11.2.1 Hewlett Packard Enterprise
11.2.2 At&T
11.2.3 Adtran
11.2.4 Teles
11.2.5 Kpn International
11.2.6 Infradata
11.2.7 Portaone
11.2.8 Telcobridges
11.2.9 Commverge Solutions
11.2.10 Extreme Networks
12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Available Customization
12.5 Related Reports
12.6 Author Details
List of Tables (60 Tables)
Table 1 Next-Generation Network Market, By Offering, 2015–2023 (USD Billion)
Table 2 Next-Generation Network Market for Hardware, By Region, 2015–2023 (USD Billion)
Table 3 Next-Generation Network Market for Software, By Region, 2015–2023 (USD Billion)
Table 4 Next-Generation Network Market for Services, By Region, 2015–2023 (USD Million)
Table 5 Next-Generation Network Market, By Application, 2015–2023 (Exabyte)
Table 6 Next-Generation Network Market, North America By Application, 2015–2023 (Exabyte)
Table 7 Next-Generation Network Market, Europe By Application, 2015–2023 (Exabyte)
Table 8 Next-Generation Network Market, APAC By Application, 2015–2023 (Exabyte)
Table 9 Next-Generation Network Market, RoW By Application, 2015–2023 (Exabyte)
Table 10 Next-Generation Network Market for Data Traffic, By Region, 2015–2023 (Exabyte)
Table 11 Next-Generation Network Market, By End User, 2015–2023 (USD Billion)
Table 12 Next-Generation Network Market for Telecom Service Providers, By Region, 2015–2023 (USD Billion)
Table 13 Next-Generation Network Market for Internet Service Providers, By Region, 2015–2023 (USD Billion)
Table 14 Next-Generation Network Market for Governments, By Region, 2015–2023 (USD Billion)
Table 15 Next-Generation Network Market, By Region, 2015–2023 (USD Billion)
Table 16 Next-Generation Network Market in North America, By Country, 2015–2023 (USD Billion)
Table 17 Next-Generation Network Market in North America, By End User, 2015–2023 (USD Billion)
Table 18 Next-Generation Network Market in North America, By Offering, 2015–2023 (USD Billion)
Table 19 Next-Generation Network Market in the US, By End User, 2015–2023 (USD Billion)
Table 20 Next-Generation Network Market in the US, By Offering, 2015–2023 (USD Billion)
Table 21 Next-Generation Network Market in Canada, By End User, 2015–2023 (USD Billion)
Table 22 Next-Generation Network Market in Canada, By Offering, 2015–2023 (USD Billion)
Table 23 Next-Generation Network Market in Europe, By Country, 2015–2023 (USD Billion)
Table 24 Next-Generation Network Market in Europe, By End User, 2015–2023 (USD Billion)
Table 25 Next-Generation Network Market in Europe, By Offering, 2015–2023 (USD Billion)
Table 26 Next-Generation Network Market in Germany, By End User, 2015–2023 (USD Million)
Table 27 Next-Generation Network Market in Germany, By Offering, 2015–2023 (USD Million)
Table 28 Next-Generation Network Market in the UK, By End User, 2015–2023 (USD Million)
Table 29 Next-Generation Network Market in the UK, By Offering, 2015–2023 (USD Million)
Table 30 Next-Generation Network Market in France, By End User, 2015–2023 (USD Million)
Table 31 Next-Generation Network Market in France, By Offering, 2015–2023 (USD Million)
Table 32 Next-Generation Network Market in Italy, By End User, 2015–2023 (USD Million)
Table 33 Next-Generation Network Market in Italy, By Offering, 2015–2023 (USD Million)
Table 34 Next-Generation Network Market in Spain, By End User, 2015–2023 (USD Million)
Table 35 Next-Generation Network Market in Spain, By Offering, 2015–2023 (USD Million)
Table 36 Next-Generation Network Market in Rest of Europe, By End User, 2015–2023 (USD Million)
Table 37 Next-Generation Network Market in Rest of Europe, By Offering, 2015–2023 (USD Million)
Table 38 Next-Generation Network Market in APAC, By Country, 2015–2023 (USD Billion)
Table 39 Next-Generation Network Market in APAC, By End User, 2015–2023 (USD Billion)
Table 40 Next-Generation Network Market in APAC, By Offering, 2015–2023 (USD Billion)
Table 41 Next-Generation Network Market in China, By End User, 2015–2023 (USD Billion)
Table 42 Next-Generation Network Market in China, By Offering, 2015–2023 (USD Billion)
Table 43 Next-Generation Network Market in Japan, By End User, 2015–2023 (USD Billion)
Table 44 Next-Generation Network Market in Japan, By Offering, 2015–2023 (USD Billion)
Table 45 Next-Generation Network Market in South Korea, By End User, 2015–2023 (USD Million)
Table 46 Next-Generation Network Market in South Korea, By Offering, 2015–2023 (USD Million)
Table 47 Next-Generation Network Market in India, By End User, 2015–2023 (USD Million)
Table 48 Next-Generation Network Market in India, By Offering, 2015–2023 (USD Million)
Table 49 Next-Generation Network Market in Rest of APAC, By End User, 2015–2023 (USD Million)
Table 50 Next-Generation Network Market in Rest of APAC, By Offering, 2015–2023 (USD Million)
Table 51 Next-Generation Network Market in RoW, By Region, 2015–2023 (USD Billion)
Table 52 Next-Generation Network Market in RoW, By End User, 2015–2023 (USD Million)
Table 53 Next-Generation Network Market in RoW, By Offering, 2015–2023 (USD Million)
Table 54 Next-Generation Network Market in Latin America, By End User, 2015–2023 (USD Million)
Table 55 Next-Generation Network Market in Latin America, By Offering, 2015–2023 (USD Million)
Table 56 Next-Generation Network Market in Middle East & Africa, By End User, 2015–2023 (USD Million)
Table 57 Next-Generation Network Market in Middle East & Africa, By Offering, 2015–2023 (USD Million)
Table 58 Ranking of Key Players in Next-Generation Network Market (2017)
Table 59 Product Launches
Table 60 Agreements, Partnerships, Contracts, and Collaborations
List of Figures (32 Figures)
Figure 1 Next-Generation Network Market Segmentation
Figure 2 Next-Generation Network Market: Research Design
Figure 3 Research Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Hardware to Dominate Next-Generation Network Market During Forecast Period
Figure 9 Gaming Application to Grow at Highest CAGR During Forecast Period
Figure 10 Telecom Service Provider to Hold Largest Share During Forecast Period
Figure 11 Internet Service Provider to Be the Fastest-Growing End User During Forecast Period
Figure 12 APAC to Be Fastest-Growing Region for Next-Generation Network Market During Forecast Period
Figure 13 Growing Public Private–Partnership and Lowering Operational Cost of Next-Generation Network Driving Next-Generation Network Market
Figure 14 Hardware to Dominate Next-Generation Network Market During Forecast Period
Figure 15 Telecom Service Provider to Hold Largest Share of Next-Generation Network Market in APAC By 2023
Figure 16 Next-Generation Network Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Video Data Consumption
Figure 18 South Korea to Dominate Next-Generation Network Market During Forecast Period
Figure 19 North America: Snapshot of Next-Generation Network Market
Figure 20 Europe: Snapshot of Next-Generation Network Market
Figure 21 APAC: Snapshot of Next-Generation Network Market
Figure 22 Agreements/Contracts/Collaborations/Partnerships Was the Key Strategy Adopted By Major Players Between 2015 and March 2018
Figure 23 Cisco: Company Snapshot
Figure 24 Huawei: Company Snapshot
Figure 25 ZTE: Company Snapshot
Figure 26 Ericsson: Company Snapshot
Figure 27 Nokia: Company Snapshot
Figure 28 Juniper Network: Company Snapshot
Figure 29 NEC: Company Snapshot
Figure 30 Samsung: Company Snapshot
Figure 31 IBM: Company Snapshot
Figure 32 Ciena: Company Snapshot
Samples
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Executive Summary
Companies Mentioned
- Adtran
- At&T
- Ciena Corporation
- Cisco
- Commverge Solutions
- Ericsson
- Extreme Networks
- Hewlett Packard Enterprise
- Huawei
- IBM
- Infradata
- Juniper Network
- Kpn International
- NEC Corporation
- Nokia
- Portaone
- Samsung Electronics
- Telcobridges
- Teles
- ZTE
