Increased Adoption of Cloud Services and IoT Is Expected to Boost the Next-Generation Access Market in 2017-2025

The Latest Research Report "Next-Generation Access Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

Next-generation Access (NGA) is a premium networking service which provides higher bandwidth as compared to traditional access options. Unlike traditional networks, Next-generation Networks (NGNs) does not rely entirely on copper wires for connectivity. In NGNs, fiber optic cables and wireless connectivity options are used along with the copper wires to enhance bandwidth. NGA provides more sustainable download speed than traditional network service providers. Currently there are multiple network providers across the globe offering bandwidth up to 100mbps and beyond.

One of the key drivers of the next-generation access market is increased prevalence of High Definition (HD) screens and projectors along with increased prevalence of high definition media content. There are numerous television and web series that are streamed online in high definition; this increases the need for higher bandwidth. Increased adoption of high definition screens has resulted in increased demand for Fiber to the Home (FTTH) high speed internet connectivity. A large proportion of broadband users in developed countries use FTTH network services to avail high bandwidth; however, there is still a large broadband market to be tapped for next-generation access in developing and underdeveloped countries. Establishing a fiber optic cable network is expensive compared to establishing a copper cable based network. Due to high infrastructure cost, prices of next generation access services are higher than traditional copper based network services. Multiple service providers use copper cables to provide service stations to end user connectivity, limiting the bandwidth of end user connection; FTTH providers on the other hand, provide fiber optic network till the end user, facilitating high bandwidth. In developing countries, FTTH services are offered primarily in densely populated areas such as metro cities. Currently, fourth generation wireless technology is driving the next-generation access market. Developing countries are rapidly adopting 4G technology.

Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/7616

Another major driver for the next-generation access market is increased adoption of cloud based services. Cloud based storage and software solutions require high connection speed in order to quickly access the data saved on the cloud. Increased adoption of IoT is another prominent driver for the next-generation access market. In IoT, every connected device and sensor produces data, creating the need for data storage and data analysis. Cloud solutions are often preferred by IoT users to store and access data. To quickly store and access large amounts of IoT data stored on cloud, users need connections with very high bandwidth. Increased adoption of cloud services and IoT is expected to boost the next-generation access market in the near future.

Fifth generation wireless technology represents a big opportunity for next-generation access service providers. Multiple telecom companies are investing heavily in research and development to develop a fifth generation wireless technology. Some players have conducted 5G trials in several developed countries and are ready to deploy infrastructure for mass launch of 5G technology in the coming years.

The global next-generation access market can be segmented on the basis of consumer type into two segments, household consumers and business consumers. Business consumers often opt for Fiber to the Premise (FTTP) connection. Companies need very high bandwidth to maintain reasonable download speed for individual internet users as there are multiple users using internet on company premises. Due to increasing affordability of next-generation access services, adoption rate of next-generation access among household consumers is high.

On the basis of industry vertical, the global next-generation access market can be divided into nine segments retail, manufacturing, healthcare, automotive, consumer electronics, energy and mining, transportation and logistics, oil and gas, and others.

Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/7616

Many prominent telecom service providers are offering next-generation access services in different regions. Only few of the telecom providers have strong fiber optic cable network, connecting multiple continents. Some of the key players in the next-generation access market are AT&T, Nippon Telegraph & Telephone Corporation, Deutsche Telekom AG, Vodafone Group plc., Gemalto NV, Aeris Communications, Inc., Telefonica S.A., China Telekom, Softbank Group Corp. and Verizon Wireless.

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.

View Complete Report at @ https://www.marketresearchreports.biz/it-and-telecommunication/7616/next-generation-access-global-industry-market-research-reports

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.