Network Transformation Market Projected to Reach $417.81 Billion at 58.1% CAGR Till 2026 | Global Key Players - Cisco, Juniper Networks, Hewlett Packard Enterprise (HPE), Huawei, IBM, NEC

Marketprognosis.com Publish a New Market Research Report On “Network Transformation - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Network Transformation Market:

The Global Network Transformation Market is accounted for $6.77 Billion in 2017 and is expected to reach $417.81 Billion by 2026 growing at a CAGR of 58.1% during the forecast period. Rise in the implementation of the BYOD Policy, increase in the adoption of IT as-a-Service (Itaas) and virtualization in the IT Industry and quick demand in bandwidth requirement are some of the key factors fuelling the market growth. However, lack of skills and knowledge in next-generation networking solutions are negatively impacting the growth of the market. The acceptance of advanced networking solutions in SMEs and development of 5G networks is expected to open new business opportunities over the forecast period.

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Based on Service, Professional Services segment assists organizations across a numerous end users to successfully improve performance and quickness of their networks. It also helps venture to produce a highly available, secure and bigger network environment that supports the enterprise expansion vision while accepting the occurrence of voice & data systems and traffic. Deployment and provisioning services are fundamental and the most significant feature of executing network transformation solutions to optimize their network technologies.

Geographically, North America is anticipated to dominate the largest market share due to increasing trends such as BYOD & growing implementation of smart connected devices & IIoE and increased budgets & allowances have encouraged various global vendors to make considerable investments in the region. Asia Pacific is the highest growing market during the forecast period due to the maximum rate owing to the fast growth of the IT infrastructure and the acceptance of new technologies along with increased funds in large scale infrastructure.

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Major Key Players:

1 Cisco Systems, Inc.

2 Juniper Networks, Inc.

3 Hewlett Packard Enterprise (HPE) Company

4 Huawei Technology Co. Ltd.

5 IBM Corporation

6 NEC Corporation and More…………..

Market Segment by Solutions:

1 C-Ran

2 Network Automation

3 5G Networks

4 SDN and NFV

Market Segment by Organization Sizes:

1 Small and Medium-Sized Enterprises

2 Large Enterprises

Market Segment by Services:

1 Managed Services

2 Professional Services

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Network Transformation Market.

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