Press release
SDN and NFV Technology in Telecom Network Transformation Market : Financial Status over Forecast Period 2016 – 2026
In telecommunication sector, there is a lot of margins pressure on service providers, due to the changing needs of consumers such as data consumption and usages of OTT services. Conventional networks of service providers are not capable to handle this particular demand from consumers. That’s why they are reconfiguring their network with the help of SDN and NFV technologies, in order to manage the challenges of traffic explosion and increase the average revenue per user (ARPU).
Global SDN and NFV technology in telecom network transformation in Telecom Network Transformation Market: Drivers and Challenges
The major reason behind the adoption of SDN and NFV by service providers in their network transformation is because SDN and NFV technologies are synergetic and they offer improved programmability, faster service enablement, and most importantly lower down the overall CAPAEX and OPEX for the service providers. SDN and NFV provide a complete digital network that is essential to increase customer satisfaction level. SDN and NFV technology in telecom network transformation emerged as paradigm that has potential to transform service providers’ networks by delivering cloud style nimbleness and innovation.
The communication network telecom service providers are generally more complex, multilayer, and have variety of users that require high network availability and performance. As compared to data centers, a more stringent set of requirements will need to be met, in order to deploy SDN and NFV in these network.
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Global SDN and NFV technology in telecom network transformation in Telecom Network Transformation Market: Segmentation
SDN and NFV technology in telecom network transformation in telecom network transformation market can be segmented on the basis of component, technology, and region. Component category include software and different types of services such as professional services and managed services. On the basis of technology, the market can be segmented into SDN and NFV. Region wise, the Market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.
Cisco System Inc. Hewlett Packard Enterprise, IBM Corporation, Juniper Networks, Pica8, Inc., Intel Corporation, and Big Switch Networks, Inc. are some of the big players of global SDN and NFV technology in telecom network transformation market.
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