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What's Driving the Telecom Network Infrastructure Market Growth? Altiostar Networks, Inc., Altran, Check Point Software Technologies, Ltd., Ciena, Cisco, CommScope, Fortinet, Fujitsu, Juniper Networks, NEC Corporation, Nokia, Palo Alto Networks, Qualcomm,

What's Driving the Telecom Network Infrastructure Market

Telecom Network Infrastructure Market growth will be driven by increasing usage of wireless and cellular devices. With an eye on introducing 5G connectivity, telecom companies across the globe are working on rolling out new 5G compatible wireless solutions and products. Taking October 2019 for instance, Nokia released TPS (Time-sensitive Packet Switch) Nokia 1830 that supports cloud-native architectures and Time-Sensitive Networking (TSN) necessary for supporting time-critical services in 5G.

This platform would allow telecom operators to cost-effectively upgrade their network to 5G cloud RAN. Such innovations in the technology landscape could rapidly expedite the upgradation process of telecom network infrastructure.

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Escalating demand to commercialize next-gen 5G connectivity could influence companies to install advanced telecom infrastructure. 5G network is usually renowned for offering improved speed and bandwidth capabilities when compared to other conventional networks like 4G/LTE.

Several telecom operators have begun the testing phase of 5G network for boosting the commercialization process of 5G network. Growing inclination towards Bring Your Own Device (BYOD) trend could further the demand for improved telecom connectivity services across organizations. BYOD is gradually gaining traction as it provides employees the flexibility to work from home, in transit or client location.

Key participants of Telecom Network Infrastructure Market: -

Altiostar Networks, Inc., Altran Technologies, SA, Check Point Software Technologies Ltd., Ciena Corporation, Cisco Systems, Inc., CommScope, Inc., Fortinet, Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Juniper Networks, Inc., NEC Corporation, Nokia Corporation, Inc, Palo Alto Networks, Inc., Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Sierra Wireless, Inc., SonicWall Inc., Sprint Corporation, Telefonaktiebolaget LM Ericsson, and ZTE Corporation.

While there are numerous pros of wireless devices, there are some grave cons associated with it as well. Cyberattacks being one such con has significantly impacted businesses that have adopted wireless telecom networks in recent years.

Favorable federal initiatives to support the implementation of 5G networks could expand the prospects of telecom network infrastructure market of North America. Numerous regulators in the region have shifted their efforts towards developing existing telecom infrastructure in order to harness the capabilities of 5G connectivity.

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Federal organizations like the Canadian Radio-television and Telecommunications Commission (CRTC) and Federal Communication Commission (FCC) are concentrating on enhancing their regulatory framework to attract more investment for 5G telecom infrastructure development. Initiative such as these could impede new growth prospects in North America telecom network infrastructure market in the years to come.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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