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Software-defined Networking & Network Function Virtualization Market - Forecast (2024-2030)

Software-defined Networking & Network Function Virtualization Market Overview:

The Software-defined Networking & Network Function Virtualization Market size is estimated to reach $189.6 billion by 2030, growing at a CAGR of 28.2% during the forecast period 2024-2030. The Software defined Networking (SDN) and Network Function Virtualization (NFV) market have focuses on the transformation of conventional network infrastructures to flexible, software driven systems. The growth of this market is attributed to the fast adoption of 5G technology, the need for agile and scalable networks, and the need for cost efficient solutions that replace hardware with software-based functions. More demand is created by cloud migrations and proliferation of IoT devices. The two major trends in the Software defined Networking (SDN) and Network Function Virtualization (NFV) Market are adoption of edge computing and integration of AI and machine learning in network management. This adoption of edge computing allows SDN and NFV to process data closer to its source, which greatly reduces latency and improves real time performance for applications like IoT and autonomous systems. In addition, AI and machine learning completely change network management by offering predictive analytics, automation during optimization processes, and better decision making. For example, in October 2024, Juniper Networks launched its Juniper Secure AI-Native Edge solution, which combines AI driven networking and security for easier operations and better user experience. In August 2024, Broadcom also updated its VMware VeloCloud appliances to support scalable and efficient edge AI workload deployment for the AI application.

Software-defined Networking & Network Function Virtualization Market - Report Coverage:

The “Software-defined Networking & Network Function Virtualization Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Software-defined Networking & Network Function Virtualization Market.AttributeSegment

By Product

Software

Services

By SDN Type

Open SDN

SDN by APIs

SDN Overlay Model

Hybrid SDN

By Application

Power and Energy

Government

ITeS

BFSI

Education

Manufacturing

Retail

Transportation and Logistics

Defense

Healthcare

Others

By End User

Cloud Service Providers

Technology Service Providers

Enterprises

By Geography

North America (U.S., Canada and Mexico)

Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:

The Software-defined Networking (SDN) and Network Function Virtualization (NFV) market was impacted by the COVID-19 pandemic, which caused rapid digital transformation of industries. As remote work became the new normal worldwide, organisations were quick to adopt SDN and NFV to improve network agility, scalability and security. Cloud based solutions and virtualized infrastructures were in high demand to continue business as usual.

Geopolitical tensions resulting from the Russia- Ukraine war only complicated the situation further by disrupting supply chains and IT investments in other affected regions. The increasing cybersecurity threats compelled a massive scale adoption of SDN and NFV to perform secure and resilient operations of the network. During uncertainties, organisations looked for robust virtualized solutions to counter risk and ensure business continuity. Geopolitical and economic factors were reinforcing the need for flexible, software defined networks, and this was reflected in steady global demand.

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Key Takeaways:

North America Leads the Market

North America occupied the largest market share in the Software-defined Networking & Network Function Virtualization Market in 2023. The Software defined Networking (SDN) and Network Function Virtualization (NFV) market in North America is leading because of its rapid adoption of 5G and advanced networking technologies. In North America, smartphone subscriptions on 5G are at 59 %, with over 300 million people (90 percent of population) have access to 5G services across low-, mid- and high band spectrums in the region, according to Ericsson. It provides this robust infrastructure, which enables technology innovation and adoption in sectors such as sports venues, airports and universities. Among other things, Fixed Wireless Access (FWA), one of the main use cases for 5G, has more than 9 million connected locations in the U.S. These advancements are further complemented by a robust technology ecosystem that fosters innovation in 5G, AI and cloud, and tests and scales these innovations globally to cement North America’s leadership in the SDN and NFV market.

BFSI is the Largest Application

The Software-Defined Networking (SDN) and Network Function Virtualisation (NFV) market is primarily driven by the BFSI (Banking, Financial Services and Insurance) sector owing to the high growth and critical need for advanced networking solutions. The total assets of China’s banking institutions increased by 9.9% year on year to 5.73 trillion yuan as of the end of Q4 2023, according to the National Financial Regulatory Administration of China. During the same period, insurance companies had assets of $41.23 billion, a rise of 10.4% from the previous year. The sector's rapid expansion is accompanied by a surge in loan disbursement and insurance policy growth including inclusive loans to micro and small enterprises up by 23.3% year on year. SDN and NFV are essential to the demands of these networks in order to be scalable, secure, and efficient for real time data processing, increased cybersecurity, and operational agility. Due to the adoption of cloud based and automated technologies by the financial institutions, the BFSI segment is in the forefront to adopt SDN and NFV solutions, thereby making it the largest application in this market.

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Enterprises Lead the Market

The Enterprises segment dominates the Software defined Networking (SDN) and Network Function Virtualisation (NFV) market as enterprises move towards Virtualized Network Functions (VNFs) to cut costs, improve scalability and increase operational efficiency. Decoupling network functions from dedicated hardware and VNFs such as virtual enterprise routers and session border controllers (eSBCs), allows them to be deployed on cloud platforms or general-purpose hardware. The transformation is easy to manage network, and enables following critical functions such as load balancing, WAN acceleration, and secure connectivity. Patton Electronics said such virtualization not only cuts capital expenditures but also simplifies operations, making it a preferred solution for enterprises. This also holds good for India as the growth of the Micro, Small and Medium Enterprises (MSMEs) has been fast here. As per India Brand Equity Foundation, the number of MSMEs is expected to grow from 63 to approximately 75 million, and over 40 million MSMEs were already registered on the Udyam portal by March 2024. This MSME surge shows a heavy demand for scalable and inexpensive network solutions, leading to Enterprise adoption.

Rapid Adoption of 5G

The Software defined networking (SDN) and Network Function Virtualization (NFV) market is driven by rapid adoption of 5G technology that has the ability to transform the global connectivity and network management. In Q1 2024, global 5G connections were nearly 2 billion, with a forecasted triple to 7.7 billion in 2028, according to 5G Americas. The exponential growth in this underscore the reliance of 5G to support the growing number of advanced network services. 5G is taking off in North America, with 32% of all wireless cellular connections accounted for by 5G and 22 million additional connections in Q1 2024. SDN and NFV solutions are critical to managing the 5G infrastructure’s complexity, and the technology’s ability to create low-latency, high speed, and scalable network environment accelerates the demand for such solutions. Additionally, the proliferation of 316 commercial 5G networks around the world is fueling this expansion and SDN and NFV are essential for optimising these advanced networks and market growth.

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Scalability

One of the biggest challenges in the Software defined Networking (SDN) and Network Function Virtualization (NFV) market is scalability. SDN brings scalability by dynamic and flexible network configurations, but it is still a challenge to effectively manage this scalability in practice. With growing networks, SDN controllers must manage more and more devices, flows and data points that can overwhelm the system and degrade performance. FS Community says that SDN architecture is successful only if it can scale efficiently without compromising on performance. Moreover, the algorithms used to manage large scale deployments need to be optimized, the controller designs need to be robust, and integration with underlying hardware needs to be seamless, all of which require advanced development and operational expertise. Furthermore, NFV needs to address issues of how to ensure that virtualized functions can scale dynamically while maintaining service quality. To fully realize the potential of SDN and NFV in modern network environments, the scalability problem remains to be resolved as demand for 5G, IoT, and edge computing is growing.

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Software-defined Networking & Network Function Virtualization Market. The top 10 companies in this industry are listed below:

Cisco Systems, Inc.

Hewlett Packard Enterprise Co.

Intel Corporation

Pluribus Networks Inc.

IBM

Juniper Networks

Verizon

Microsoft

Qualcomm

AT&T

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Scope of the Report:

Report MetricDetails

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

28.2%

Market Size in 2030

$189.6 billion

Segments Covered

By Product, By SDN Type, By Application, By End User and By Geography.

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

Cisco Systems, Inc.

Hewlett Packard Enterprise Co.

Intel Corporation

Pluribus Networks Inc.

IBM

Juniper Networks

Verizon

Microsoft

Qualcomm

AT&T

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shivani111blog · 4 years ago

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Global Network Transformation Market Research Report - Forecast till 2027

Market Synopsis

Global Network Transformation Market size is expected to register an exponential CAGR of 39.7% valued at USD 12.15 Billion in 2019 and USD 122.73 Billion by 2026.

Network transformation enables organization to automate their networks to provide new advanced services with speed and cater their customers with excellent usage experience. This is achieved through connected devices, new applications, automation technologies, enhanced security controls, adoption of cloud-based services, among others. Some of the benefits offered by the network transformation include enhanced transperency and control, standardizied services, short deployment cycles, faster site connectivity that enables agile business of digital services, provide customer-oriented product offerings for superior user satisfaction, increase productivity in day-to-day business operations, greater network security to meet regulatory compliances, boost adoption of cloud through via cloud exchanges and direct SaaS connectivity, among others.

Several factors including rising demand for IT as a service platform, increasing trend of bring your own device by organizations, and adoption of network virtualization are some of the factors that are driving the network transformation market. Additionally, the new application architectures (for instance, microservices and containers) to help automate networks are also contributing to the market growth.

However, this market growth is hampered by lack of skilled workforce required for the development and integration to the existing infrastructure. Although, rapid advancements in technology is creating opportunities that can further boost the growth of the network transformation market. For instance, software-defined wide area network (SD-WAN), AI/ML and policy driven network architectures, rise of container-based virtualization, light-weight & portable applications are being launched as discrete microservices, etc. are some of the technological advancements evolving in the industry.

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Key Players

The Key Players in the Global Network Transformation Market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include Ciena Corporation (US), Cisco Systems, Inc. (US), Telefonaktiebolaget LM Ericsson (Sweden), Dell Inc. (US), FUJITSU (Japan), Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Intel Corporation (US), IBM Corporation (US), NEC Corporation (US), Ribbon Communications Operating Company, Inc. (US), Wipro Limited (India), TATA Communications (India), Sakon (US), and Curvature (US). The key strategies adopted by most of the players are partnerships, acquisitions, agreements, and collaborations.

Segmentation

Global Network Transformation Market has been segmented based on Component, Organization Size, Functionality, Vertical, and Region.

By component, the global network transformation market has been divided into solution and services. Further, the solution sub-segment is bifurcated into 5G networks, cloud/centralized radio access network (C-RAN), network automation, and software-defined networking (SDN) & network functions virtualization (NFV). Whereas services sub-segment is divided into professional services and managed services.

By organization size, the global network transformation market has been divided into small & medium enterprise and large enterprise.

Depending on its vertical, the network transformation market is split into BFSI, energy & utility, government, healthcare, IT & telecom, manufacturing, retail, and others.

The global network transformation market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Regional Analysis

Global Network Transformation Market is estimated to register an robust CAGR over the forecast period. The geographic analysis of the global network transformation market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is expected to be the dominating region in terms of the adoption of network transformation solutions & services. North American market has been segmented into the US, Canada, and Mexico. The US is expected to lead the country-level market, while Canada is projected to be the fastest-growing segment during the forecast period. The US market is expected to report the highest market share, owing to the factors such as faster adoption of advanced technologies to enhance customer experience across all types of devices. Additionally, the North American market for network transformation solutions and services is expected to grow further due to presence of key players in the region such as Ciena Corporation (US), Cisco Systems, Inc. (US), Dell Inc. (US), Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Intel Corporation (US), IBM Corporation (US), NEC Corporation (US), Ribbon Communications Operating Company, Inc. (US), Sakon (US), and Curvature (US). These players are competing to deliver network transformation solutions and services that supports, secures, and delivers containerized applications that need to keep up with this new trend of building once and running-anywhere.

Asia-Pacific region is projected to grow at the fastest rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. This growth is attributed to the rapid economic developments, increasing internet users, rise in OTT platforms and digital innovation in major countries including China, Japan, India, Singapore, Malaysia, Australia, among others. Furthermore, IT & telecom companies in the region are developing their digital skills and capabilities to ensure they stay one-step ahead of their competitors across the globe.

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market-research-updates · 4 years ago

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Enterprise Routers Market Sector Analysis Report, Regional Outlook & Competitive Share & Forecast, – 2025

The enterprise routers market is poised to grow at a CAGR of 6.2% during the forecast period from 2020 to 2025. Enterprise routers are vital products that any business or enterprise uses regularly. They play an essential role in enterprises in connecting computer networks and the internet. Routers perform many functionalities, such as enterprise routing, which gives businesses a higher CPU capacity to control place tasks. Furthermore, it provides companies the ability to enhance their interface for both Ethernet and WAN circuits, run NetFlow/sFlow, MPLS, QoS, and other security features. It has functions to integrate deep packet inspection and WAN acceleration. Enterprise routers assist in maximizing productivity in the office, and the installation of an enterprise router requires the skills and expertise of an engineer. - In the first quarter of 2019, the enterprise and service provider router market grew 8.2%. The service provider segment accounts for 75.3% of router market revenues. The service provider router market rose 7.1%, and the enterprise router market grew 11.9%. The top seven enterprise routers which had high market share till June 2019 were Cisco (55.7%), Huawei (9.3%), HPE (5.3%), Nokia (3.7%), Juniper (3.6%), Netgear (2%), Dell EMC (1.7%). Cisco Systems is one of the top networking companies in the world with the highest market share providing a wide variety of enterprise routers. Cisco's enterprise router revenue rose 16.1%, and Cisco's SP and enterprise router market share increased to 42.4% from 37.4% in the first quarter, according to telecom lead.

Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-90107 - Huawei's Global Industry Vision (GIV) predicts that by 2025, 85% of enterprise applications will be moved to the cloud, resulting in significant traffic growth at the egress of enterprise WANs. Traditional private lines offer several Mbit/s bandwidth and are prone to network congestion, and so service experience cannot be guaranteed. Leveraging flexible and efficient application-based traffic steering, Software-Defined WAN (SD-WAN) is the best choice for enterprise WAN interconnection in the cloud era, as it can effectively ensure customer service experience. However, when traditional enterprise routers intersect with SD-WAN, their forwarding performance decreases by about 80% on average. In response, Huawei launched next-generation NetEngine AR enterprise routers that provides higher forwarding performance at the egress of enterprise WANs. - Furthermore, service providers are rapidly modernizing their networks to satiate enterprises' growing appetites for higher performance and superior user experiences. However, as service providers adopt virtualization and SDN capabilities, they are being held back by monitoring techniques that cannot keep up. The enterprise cloud migrations and increasing reliance on software-as-a-service applications- introduced new challenges. This has driven service providers to adopt NFV, SDN, and cloud-native computing technologies. In May 2020, 128 Technology, the leader in Session Smart Routing, announced that Momentum Telecom selected 128 Technology's Session Smart Router to enable a new era of software-defined network services for its thousands of enterprise customers and partners. Key Market Trends Wireless Connectivity is Expected to Hold Major Share - An ordinary wireless router can only support approximately 10-20 users’ access. In contrast, the wireless access router point allows over 50 or even hundreds of users’ access, with the potential ability to send and receive signals. According to Cisco, the expected penetration of enterprise internet traffic via wireless fixed-line connection in 2021 shall be 125988 petabytes per month. With the rise in high internet traffic and devices, average fixed broadband speed, along with average internet users, will grow exponentially in the forecast period. Average fixed broadband speed is likely to increase from 5.1 Mbps in 2015 to 12.9 Mbps in 2020. - For instance, the industry’s first 5G optimized wireless WAN edge router for enterprise branch deployments has been released by Cradlepoint in May 2020. The Cradlepoint E3000 Series, according to the company, optimizes performance and investment protection and enables customers to deploy a wireless wide-area network (Wireless WAN) using the latest LTE and Wi-Fi technology and seamlessly upgrade to 5G in the future. The COVID-19 pandemic has fueled an already growing demand for agile and rapidly deployable wireless WANs based on LTE for primary connectivity. Cradlepoint said in the release that the E3000 Series is intended to target this market directly. - Furthermore, M2M Connectivity supplies a broad range of wireless routers for 4G/3G as well as models for satellite and short-range RF (WLAN, Bluetooth). These ethernet routers enable remote access and communication with equipment and assets such as remote PLCs, data loggers, and microcontrollers. With the increasing usage of such solutions in various end-users, the market tends to grow in this sector. In April 2020, Digi International announced the launch of several new cellular routers and extenders, each designed to meet the present and future connectivity needs of organizations for M2M applications in the transportation and enterprise marketplaces. North America is Expected to Hold Major Share - North America is expected to hold a prominent share in the enterprise routers market. Moreover, the region has a strong foothold of network routers vendors. Some of them include Cisco Systems, Inc., Dell EMC, Juniper Networks, Inc., among others, which contribute to the growth of the market. It is estimated that till 2022, in the United States the market for network router will grow to USD 11,950 million which includes the market for ethernet service edge router, multiservice edge router, service provider core router, and internet exchange router (source Cisco), where the expectation of high market growth potentially move towards internet exchange router in 2022. - Moreover, according to Cisco, 46% of network devices will be machine -to -machine or IoT by 2020, which are vulnerable to attacks. To fully realize the potential of these connected devices, the industries need to be equipped with WANs that are flexible to meet the network demands anticipated over the future. Furthermore, the emergence of trending technologies, such as cloud networking, SaaS-based application, network analytics, DevOps, and virtualization, has encouraged the users and businesses in North America to undertake enterprise routers products. - However, security and privacy concerns are restraining the market. According to the study, five out of every six routers in the United States are running out-of-date firmware with exploitable security vulnerabilities, which hinders market growth globally. In a situation where many employees are currently working from home due to a COVID-19 pandemic or access wi-fi networks that operate at enterprise-level security, devices such as routers can be hacked to plant a range of malware into handheld devices used by employees. Subex, through its honeypot network (a decoy computer system for trapping hackers), spread across 62 cities, has been tracking cyberattack trends and malware activity that can be correlated with the outbreak. Competitive Landscape The enterprise routers market is fragmented as the global players invest in R&D for the latest innovations in the product for several small to medium-sized companies. Key players are Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise, etc. The companies operating in the market continuously strive to launch new solutions to help service providers achieve a holistic approach to infrastructure transformation and gain new orders in that course for strategic aim. - March 2020 - Huawei confirmed that its next-generation NetEngine AR600 and AR6000 series enterprise routers have passed the verification test by The Tolly Group which is an authoritative international provider of testing and validation. The results showed that Huawei's NetEngine AR routers are equipped to handle the growth in traffic from digital transformation in the next three to five years, leading the way to a new era of ultra-fast interconnection for enterprise WANs. - December 2019 - Cisco Silicon One based Q100 processor and 8000 Series routers. Cisco will uniquely allow ecosystem players to separately buy processors, the XR7 router software, 8000 series routers without software, optical modules (QSFP-DD and QSFP28), or a fully integrated 8000 Series solution. The 8000 Series router and the Q100 processor is targeted at service providers and data center operators ranging from large aggregation to core applications. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - 3 months of analyst support

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batstrangecloudcollection-blog · 5 years ago

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Mobile Backhaul Fronthaul Market : Industry Analysis, By Key Players, Trends, Segmentation And Forecast By 2025

Mobile Backhaul & Fronthaul market is growing at a progressive growth rate due to rising usage of 5 G technology. The integration of Mobile Backhaul & Fronthaul is combined with 5G transport Network for allowing flexible, reconfigurable, software defined transport architecture. Mobile Backhaul & Fronthaul creates a network which can support various functions between antenna and packet core. This Mobile Backhaul & Fronthaul combination also evolves Network Function Virtualization (NFV) and Cloud RAN (CRAN). These are used to target data canter that can be configured to provide support to functions that are deployed in the network.

Mobile Backhaul & Fronthaul can be of two type in which Fronthaul means the connection between the cell tower radio and mobile network control backbone. Backhaul is used to create link between base station and the core wired network, and is often fiber or coax, and in some cases broadband, proprietary wireless links. These Mobile Backhaul & Fronthaul along with different architecture are requires for accommodating cost efficient, backwards compatible, dense deployment of network infrastructure necessary to provide the broadband, low latency demands for 5G systems.

Mobile Backhaul & Fronthaul Market: Drivers and Challenges

The major factor driving the adoption of Mobile Backhaul & Fronthaul is the increasing need of these technologies such as Mobile Backhaul & Fronthaul for proper network connections. The Fronthaul is implemented with DWDM/CWDM technology in order to maximize utilization of the fiber and to minimize installation cost. Fronthaul Based networks allow operators to map mobile technologies to available spectrum without the need to care about the connectivity network.

At present, deployed Mobile Backhaul & Fronthaul networks are point-to-point links aided by grey transceivers. But with the increasing number of fiber connections, either leasing or laying new fibers might be economically challenging. Also, Mobile Fronthaul networks are new and environmental constraints.

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Competition Dashboard

Recent Development

In February, 2017—Infinera, a technology provider has launched new Mobile Backhaul & Fronthaul solutions for optical transport which will support 5G wireless network. The company has designed the systems to support the low latency, synchronization accuracy, configuration flexibility, and openness that Infinera believes mobile networks will require.

In September 2016, Zhone Technologies, a fiber access transformation solution provider has acquired DASAN Network Solutions, Inc., a network solution provider. This acquisition will help Zhone Technologies to provide solutions in areas such as broadband access, mobile backhaul, Ethernet switching, Passive optical LAN and software defined networks.

Regional Overview

Presently, North America and Europe is holding the largest market share for Mobile Backhaul & Fronthaul market due to presence of large solution providers and market players in these region. Moreover the advantages of using Mobile Backhaul & Fronthaul for 4G and 5G technology is increasing the adoption of Mobile Backhaul & Fronthaul.

Asia –Pacific is also increasingly adopting Mobile Backhaul & Fronthaul technologies with the entry of major & established players.

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Key Players

In Mobile Backhaul & Fronthaul market there are many players some of them are :

Ericsson, Ciena, LS Networks, Nokia Networks, RCR Wireless

The report covers exhaustive analysis on:

Mobile Backhaul & Fronthaul Market Segments

Market Dynamics Historical Actual Market Size, 2014 – 2016 Market Size & Forecast 2017 to 2027 Value Chain Market Current Trends/Issues/Challenges Competition & Companies involved Market Drivers and Restraints

Regional analysis for Mobile Backhaul & Fronthaul Market includes development in the following regions:

North America US & Canada Latin America Brazil, Mexico, Others Western Europe Germany France U.K. Spain Italy Nordic BENELUX Rest of Western Europe Eastern Europe Russia Poland Rest of Eastern Europe Asia Pacific (excluding Japan) Australia and New Zealand (ANZ) Greater China India ASEAN Rest of Asia Pacific Japan Middle East and Africa GCC Countries North Africa South Africa Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market Changing market dynamics of the industry In-depth market segmentation Historical, current and projected market size in terms of value Recent industry trends and developments Competitive landscape Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards market performance Must-have information for market players to sustain and enhance their market footprint

#Mobile Backhaul #Mobile Fronthaul #Mobile Phone #Mobile Market

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shivani111blog · 4 years ago

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Global 5G core Market Research Report - Forecast till 2027

Market Overview

The 5G Core ( 5GC ) market research is the core of a mobile network as ultra-connectivity turns into coverage differentiation and market versatility. It ensures stable and secure network connectivity and access to its facilities , defines the consistency of the infrastructure and imposes it by a strategy that allows for separation of services and controls wide area mobility within the network. 5GC uses virtualization techniques such as Cloud Native and Micro-Service to build and distribute different slices , including eMBB ( enhanced mobile broadband ) , URLLC ( ultra - reliability and low latency communication ) and mMTC ( massive machine-type communications ). It needs to support the subscription and collection of slices, separate various slices and restrict unauthorized networks from obtaining slices.

The 5GC network is developed from the baseline to support both virtualized and cloud native implementation, including pure software based networking functions and services. The 5G Core authenticates users and equipment, applies customized rules and controls the mobility of devices prior to the route of traffic to operator networks or the Internet. In the 5GC network, the UPF (user plane function) is key component of the gateway service and packet data network gateway features of the 4G LTE built packet center.

Global 5G Core Market size was valued at USD 361.053 Million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 72.00% from 2020 to 2026. Development of smart infrastructure and the growing demand for demand for cloud-native and service-based architecture is expected to propel market growth over the forecast period. However, data security concerns in the 5G core network can potentially impede the adoption of the 5G core system over the forecast period.

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Key Developments

In February 2021, Nokia launched new DelOps initiative, a creative and innovative approach to resolving the complexities of core 5G software distribution and operations, and a new suite of CI/CD Services that can assist communication service providers (CSPs) understand improved operating reliability and speed of new services. Nokia's DelOps process enables CSPs to take advantage of DevOps-style product creation

In December 2020, Ericsson partnered with Rogers Communications o deploy standalone 5G network in Canada. Rogers Standalone 5G network is supported by Ericsson’s dual-mode 5G core. Ericsson, Rogers and Qualcomm Technologies have jointly completed Standalone 5G testing on the latest Qualcomm Snapdragon 888 5G Mobile Platform

In February 2020, Affirmed Networks, a leader in mobile network 5G transformation collaborated with Millicom, a leading provider of cable and mobile services in Latin America for its cloud-based, 5G-ready core network solution. This solution allow a future introduction of 5G services to the region, bringing high-bandwidth, low-latency edge services such as augmented /virtual reality, real-time video streaming, and Internet of Things (IoT) applications closer to customers.

In February 2020, Mavenir 4G/5G network software provider for Communication Service Providers (CSPs) collaborated with a leader in the integration of IT and network technologies, NEC Corporation (NEC) to offer a 5G Open virtualized RAN (vRAN) Solution to the Japanese Enterprise Market. This partnership will work on 5G Open vRAN and Local 5G business developments and establish a simple and cost-efficient ecosystem in the market.

In June 2020, NEC Corporation partnered with Rakuten Mobile, Inc. to develop the containerized standalone (SA) 5G core network (5GC) to be utilized in Rakuten Mobile's fully virtualized cloud native 5G network. This partnership build a Japan-made, highly reliable 5GC, based on the 5GC software source code developed by NEC.

In February 2021, NEC, Netcracker and DigitalRoute collaborated to deliver DigitalRoute's Usage Data Platform alongside its 5G mobile core network (5GC). This partnership aim to drive innovation in global mobile technology and provide high quality 5G network technology to customers both in Japan and around the world. This joint venture also offers communications service providers (CSPs) the ability to quickly deploy 5GC with BSS functions that enable them to monetize any type of 5G business mode, including complex B2B and B2B2X scenarios.

Regional Analysis

Geographically, the Global 5G core market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South America

North America held the largest share in the 5G core market, followed by Asia-Pacific and Europe; it is expected to continue to retain its dominance until the end of the forecast period. North America is one of the key markets for 5G technologies. The US accounted for the largest market share, followed by Canada and Mexico. The US holds an attractive market share in North America as significant companies such as Affirmed Networks , Mavenir, Cisco , HPE , Oracle , and Casa Systems register a notable emergence in the region. Asia-Pacific holds the highest CAGR during the forecast period. The region comprises major economies, such as Japan, China, and Singapore, which are likely to witness high growth rates in the 5G core market. The multitude of investments made in deploying 5G core by the aforementioned companies is anticipated to boost the market growth. Europe registered as second largest market share. Digital transformation trend across business is expected to expand at a significant market growth over the forecast period.

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shivani111blog · 4 years ago

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Global Network Transformation Market Research Report - Forecast till 2027

Market Synopsis

Global Network Transformation Market size is expected to register an exponential CAGR of 39.7% valued at USD 12.15 Billion in 2019 and USD 122.73 Billion by 2026.

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Key Players

Segmentation

Global Network Transformation Market has been segmented based on Component, Organization Size, Functionality, Vertical, and Region.

By organization size, the global network transformation market has been divided into small & medium enterprise and large enterprise.

Depending on its vertical, the network transformation market is split into BFSI, energy & utility, government, healthcare, IT & telecom, manufacturing, retail, and others.

The global network transformation market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Regional Analysis

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shivani111blog · 4 years ago

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Global 5G core Market Research Report - Forecast till 2027

Market Overview

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Key Developments

Regional Analysis

Geographically, the Global 5G core market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South America

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shivani111blog · 4 years ago

Text

Global Network Transformation Market Research Report - Forecast till 2027

Market Synopsis

Global Network Transformation Market size is expected to register an exponential CAGR of 39.7% valued at USD 12.15 Billion in 2019 and USD 122.73 Billion by 2026.

REQUEST FREE SAMPLE REPORT@ https://www.marketresearchfuture.com/sample_request/10449

Key Players

Segmentation

Global Network Transformation Market has been segmented based on Component, Organization Size, Functionality, Vertical, and Region.

By organization size, the global network transformation market has been divided into small & medium enterprise and large enterprise.

Depending on its vertical, the network transformation market is split into BFSI, energy & utility, government, healthcare, IT & telecom, manufacturing, retail, and others.

The global network transformation market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Regional Analysis

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shivani111blog · 4 years ago

Text

Global 5G core Market Research Report - Forecast till 2027

Market Overview

REQUEST FREE SAMPLE REPORT@ https://www.marketresearchfuture.com/sample_request/10451

Key Developments

Regional Analysis

Geographically, the Global 5G core market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South America

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About Market Research Future:

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shivani111blog · 4 years ago

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Network as a Service Market Research Report - Global Forecast 2022

Market Scenario

Network as a Service market is defined as a virtual networking business model, it is utilized to integrate current cloud computing services with the cloud networking framework. It is a model used to deliver the network service virtually it can be either through ‘pay as you’ service or subscription model. NaaS is also referred as an on demand network provider for any business. The increasing adoption cloud technology for data storage and introduction of Big Data analytics is contributing in the growth of the Network as a Service market. Moreover, the rapid growth in IoT technologies also supports the growth of Network as a Service market. Among NaaS services it is estimated that Network Virtual Function (NFV) will grow at a faster rate during the forecast period. This growth in NVF will be due to its advanced approach of releasing the data from a control plane, a coherent improvisation to the traditionally distributed control planes. IT & telecommunication are considered as a major factor driving the Network as a Service market due to the expansion of the network by the various telecom operators. The adoption of Operating Expenditure (OPEX) saving, and mobility are expected to impact software define market which indirectly supports in the growth of Network as a Service (NaaS) market. Furthermore, the opportunities in Value-Added Resellers products will also contribute in the growth of this market. Global Network as a Service (NaaS) market is expected to grow from US ~$35.3 Billion in 2016 to US ~$ 126.8 Billion by 2022, at an estimated CAGR of 28.4%. The factors such as lack of proper infrastructure for implementation of NaaS in developing and under developed economics and high installation cost are some of the constraints for the growth of this market. Whereas, inclination of towards cloud technology by various small and medium-size business units and continuous advancement in IoT technologies are some opportunities for the growth of this market.

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Key Players

The prominent players in the market of network as a service (NaaS) market are – Alcatel Lucent (U.S.), Brocade Communications Systems Inc. (U.S.), Ciena Corporation (U.S), Cisco Systems (U.S.), IBM Corp. (U.S.), Juniper Networks (U.S.), NEC Corp. (Japan), VMware (U.S.), Aryaka Networks Inc. (U.S.), AT&T (U.S.) and among others.

Segments

Global Network as a Service (NaaS) market has been segmented on the basis of type, service, component, deployment and end-user. Type comprises of local area network (LAN), wide area network (WAN). Service comprises of network virtual function (NVF), WAN connection, Data Center, Bandwidth On Demand, and others. Component comprises of Infrastructure and technological service. Deployment comprises of On Cloud and On Premises. Whereas, end-user includes IT & telecommunication, BFSI, Manufacturing, Healthcare, Retail, Transportation and others.

Regional Analysis

North America is expected to propel the market due to the intense research and development in the field of telecom industry technology related to network expansion, high penetration of Internet of Things, and growth of a number of IoT and cloud related technology in the region. Europe has been benefitted mainly due to the extensive initiatives taken by government. Whereas, Asia Pacific market is expected to witness the fastest growth due to increasing awareness among individual, and development of technology hubs in the region. North America region is expected to hold a highest market share with the existence of early technology adopters in the region. The region also has existence of technologically advanced countries such as U.S. and Canada which are promoting the application related network as a service (NaaS) market.

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shivani111blog · 4 years ago

Text

Network as a Service Market Research Report - Global Forecast 2022

Market Scenario

GET SAMPLE REPORT @ https://www.marketresearchfuture.com/sample_request/2251

Key Players

Segments

Regional Analysis

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About Market Research Future:

Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

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Maharashtra, India

+1 646 845 9312

Email: [email protected]

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