Next-generation Network Solutions Market Driven by Surge in Data Traffic

Next-generation network (NGN) solutions offer a high-quality end-use experience and ensure customer loyalty for telecom service providers. In a report titled “Next-Generation Network Solution Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” Transparency Market Research offers a comprehensive evaluation of the drivers and challenges related to the business and technical aspects of NGN solutions. The impact of emerging technology trends on the capabilities of service providers has also been elucidated, in addition to recommendations made by expert analysts to overcome the major hurdles that face companies within the NGN solutions market.

Next-generation networks are capable of simultaneously tackling different types of traffic including video, voice, data, audio, and multimedia. An NGN is characterized by the convergence of different service provider networks such as public switch telephone network (PSTN), data network (internet), and wireless network. The core architecture of a next-generation network encompasses three layers – control, transport, and services. NGN solutions are based on protocols such as internet protocol (IP) and multiprotocol label switching (MPLS). These solutions offer a number of value-added services, including transaction and content services and real time, as well as non-real time communication services. Telecom users and operators choose NGN solutions owing to their advantages such as low communication cost and flexible architecture.

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The next-generation network solutions market can be segmented on the basis of service into video, voice, and data services. On the basis of application, the market is segmented into VoIP, IPTV, web TV, mobile telephony, and others. By geography, the global market is divided into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.

The global NGN solutions market is driven by the rising data traffic across the globe, the growing demand for effective and high-capacity IP-based networks, rapid technological innovations, the increasing demand for high-speed multimedia services such as HDTV and VoIP, and low capital expenditure and operational cost. However, the low adoption rate and awareness level in developing and underdeveloped countries and the availability of other technologies such as digital subscriber line, high-speed wireless networks, and power-line communications are adversely affecting the global NGN solutions market.

The assessment of the competitive landscape of the global NGN solutions market makes for an interesting and informative read. The report identifies the key players participating at a domestic and global level and profiles them based on key aspects such as company overview, business strategies, recent developments, and financial performance. Some of the notable vendors in the global NGN solutions market are Cisco Systems Inc., Oracle Corporation, AT&T Inc., IBM Corporation, Juniper Network Inc., F5 Networks Inc., M2 Telecommunication Group, Telstra Corporation Ltd., Citrix Systems Inc., Macquarie Telecom Group Ltd., VMware Inc., and Alcatel-Lucent S.A.

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