Network Transformation Solutions Market – Growth Opportunities & Technology Developments by 2026

"The Latest Research Report Network Transformation Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Network transformation solutions transform information and communication technology (ICT) infrastructures into a competitive weapon. These solutions give more control of network-related costs, and provide competitive advantage by leveraging new business models and new technologies. This include convergence solutions, network infrastructure products, scalable and secure IP telephony platforms, IP and performance management software, and a complete set of security products.

Communication service providers (CSPs) own and operate networks, whereas network equipment providers (NEPs) provide network equipment and services such as maintenance and installation. The convergence of telecom and IT has led to the emergence of new products that drives the demand for both data and personalized services. CSPs are also affected by the upsurge of over-the-top (OTT) service providers which use CSP networks to provide services to consumers. This forces CSPs to offer more distinguishable services to retain and increase customers. CSPs are therefore transforming their existing networks and are rapidly entering the cloud ecosystem through existing systems and processes to support next-generation services. The introduction of Network Functions Virtualization (NFV) and Software Defined Networking (SDN) has ushered in a new era of innovation that enables CSPs to create highly automated networks and introduce new customized services.

Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/7935

CSPs are actively pursuing partners which help them create new revenue-generation opportunities, quickly and cost-effectively serve increasing customer demands, and improve time-to-market for new service deployments. For instance, in February 2018, Tech Mahindra (provider of business reengineering and digital transformation services and solutions) and VMware, Inc. entered into a new partnership to deliver solutions that accelerate network transformation for CSPs. Through this prolonged relationship, the companies will combine Tech Mahindra’s Network Services with VMware’s 5G and OpenStack-ready NFV platform which helps CSPs to speed-up new service delivery, open new opportunities, and improve IT and business economics.

Rise in the implementation of Bring Your Own Device (BYOD) policy, increasing virtualization in the IT sector, increase in the adoption of IT as-a-Service (ITaaS) and rapid demand for bandwidth are some of the key factors fuelling the market growth. This improved agility helps CSPs to transform their networks, allowing them to offer new services and data analytics as part of on-demand, platform-based, and pay-as-you-go model. However, lack of skills and knowledge in next-generation networking solutions are restraining the network transformation solutions market growth. The development of 5G networks and acceptance of advanced networking solutions in SMEs is expected to open up new lucrative business opportunities for the network transformation solutions market over the forecast period.

The global network transformation solutions market can be segmented based on components and enterprise size. Based on components, the market is segmented into solutions and services. Solutions segment is further bifurcated into SDN, NFV, C-RAN, network automation, and 5G networks. The services segment is bifurcated into managed and professional services. Based on enterprise size, the market can be segmented into SMEs and large enterprises.

The market is segmented in terms of regions into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to contribute major share in the network transformation solutions market during the forecast period. This can be attributed to growing use of smart connected devices and increasing trends such as BYOD in the region. Furthermore, increased allowances & budgets have encouraged various global vendors to make substantial investments in the region. Asia Pacific is expected to be the fastest growing market due to the fast growth of IT infrastructure and the acceptance of new technologies in the region.

Some of the major players active in the development of network transformation solutions include Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise (HPE) Company, Huawei Technology Co. Ltd., IBM Corporation, NEC Corporation, Intel Corporation, Ericsson, Fujitsu Limited, and Accenture Plc.

Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/7935

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

Request To PRE BOOK This Premium Report From Here @ https://www.marketresearchreports.biz/checkout?rep_id=7935&licType=S

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.