DUBLIN, October 23, 2017 /PRNewswire/ --
The "Network Transformation Market by Solution (SDN and NFV, C-RAN, Network Automation and 5G Networks), Professional Service, Managed Services (Network Monetization, Network Management, Network Testing),Vertical, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global network transformation market size to grow from USD 6.01 Billion in 2017 to USD 66.86 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 61.9%, due to increase in the adoption of BYOD policy, rise in adoption of ITaaS and virtualization, and the collaboration among market players for the development and promotion of next-generation networking solutions.
The network transformation market is segmented on the basis of components (solutions and services), organization sizes, verticals, and regions. The solutions segment is further segmented into SDN & NFV, C-RAN, and Network Automation. The SDN & NFV solution segment is further segmented into Software and Physical Appliances. The C-RAN solution segment is further categorized into Centralization and Virtualization solutions.
The SDN & NFV solution segment is expected to hold the largest market size during the forecast period. SDN transforms the Wide Area Network (WAN) design by decoupling the control and data planes, centralizing network intelligence, and abstracting applications from the underlying network infrastructure. By leveraging SDN data centers, telecom operators can gain enhanced network programmability, automation, and control over their network. Moreover, SDN enhances the scalability and flexibility of WAN which further improves the network performance and availability. NFV is implemented by decoupling software and hardware as an abstraction of the network function.
The network transformation market is expected to witness a traction, due to the collaboration among market players for the development and promotion of next-generation networking solutions; and a growing adoption rate of ITaaS, BYOD policy, and virtualization. The network transformation reconstructs the network architecture based on data center-centric ICT infrastructure, where information is stored, processed, and exchanged as well as service processing and business transactions are conducted in data centers. Data center-centric virtualized infrastructure is the foundation of the future network architecture.
The global network transformation market is in the growing stage. One of the core parts of Network transformation is 5G Networks. They are in the development and testing phase. Leading telecom operators and technology players are testing various 5G networking solutions. The roadmap toward 5G comprises the common motive to support multiple access networks that are transparent to end-users. Multi-connectivity and aggregation solutions are the key ingredients for the development of 5G networks.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Network Transformation Market Analysis, By Component
7 Network Transformation Market Analysis, By Solution
8 Network Transformation Market Analysis, By Service
9 Network Transformation Market Analysis, By Organization Size
10 Network Transformation Market Analysis, By Vertical
11 Geographic Analysis
12 Company Profiles
- Cisco Systems
- Juniper Networks
- Nokia Networks
For more information about this report visit https://www.researchandmarkets.com/research/fzxfvn/network
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