Network Transformation Market Industry Size 2022 at 40% CAGR, Growth, Drivers, Emerging Technologies, and Forecast Research Report 2029 | Cisco Systems, Inc., Juniper Networks, Inc, HPE Company, IBM Corporation

The Global Network Transformation Market is forecast to around USD 140 Billion by 2028 by rising at a compound annual growth rate (CAGR) of 40% throughout the forecast period from 2022 to 2029

Network Transformation Market Overview

The network transformation rebuilds the network architecture on a data center-centric Information and Communication Technology (ICT) infrastructure, where data is stored, managed, and transferred, as well as business transactions and service processing. It provides a platform for organisations to upgrade their information technology infrastructure. It enables users to work in a cloud-controlled environment and aids in the transport of large amounts of data in a more effective and cost-effective manner than traditional methods.

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Industry Development

Because of developing trends such as BYOD and increasing usage of smart connected devices and IIoE, North America is expected to have the greatest market share in the network transformation market in 2017. The United States is a pioneer in new technology adoption. Additional technology solutions have been embraced by businesses in the country to improve the manageability and flexibility required for adding new network capabilities and capacity.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Network Transformation market manufacturers. The revenue created from the sales of Network Transformation Market has been calculated through primary and secondary research.

The market size assessment also considered leading players revenues as part of triangulation the key players considered are Cisco Systems, Inc., Juniper Networks, Inc, HPE Company, IBM Corporation, Dell EMC, NEC Corporation, Intel Corporation, Nokia Networks, Ericsson, Fujitsu and Others.

The Network Transformation Market has been segmented as below:

Solution Type Segment, 2019-2028, (In USD Million)

SDN and NFV

C-RAN

Network Automation

5G Networks

Services Segment, 2019-2028, (In USD Million)

Managed Services

Professional Services

End-Use Industry Segment, 2019-2028, (In USD Million)

Telecom

Manufacturing

Energy and Utilities

IT

Media and Entertainment

Others

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Network Transformation Market: Regional Analysis

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Network Transformation market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.

Geographically, the market is dominated by APAC, North America and Europe.

Major Key areas that have been focused on in the report:

Raw material supply analysis
Major trends noticed in the Global Network Transformation Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.

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This release was published on openPR.