Prominent Next-Generation Network Market Trend for 2025: Advanced 5G Modem-RF Systems Transforming The Next Generation Wireless Communication Market

What combination of drivers is leading to accelerated growth in the next-generation network market?
The proliferation of 5G technology is anticipated to stimulate the expansion of the next-gen network market in the future. 5G, the fifth iteration of mobile network technology, promises quicker data transmission, reduced latency, enhanced capacity, and compatibility with a vast array of applications and interconnected devices, surpassing its predecessors. The integration of 5G is a result of an increased need for rapid connectivity, the advent of novel technologies, and competitive interplay among telecom companies and mobile network providers. The growing impact of 5G technology propels the creation and implementation of next-gen networks to provide superior services, facilitate cutting-edge technologies, and foster innovation in diverse fields. For example, in September 2023, 5G Americas, an industry trade group based in the US, reported that North America accounted for 151 million 5G and 496 million LTE connections during the second quarter of 2023, and this is projected to increase to 669 million by 2028. Hence, the escalating penetration of 5G is powering the next-gen network market.

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What is the projected compound annual growth rate (CAGR) of the next-generation network market from 2025 to 2034, and what factors influence it?
The market size of the next-generation network has shown significant growth in the last few years. The projections indicate an increase from $33.12 billion in 2024 to $35.87 billion in 2025, marking a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this growth during the historical period include increased data usage, the need for greater bandwidth, the rise in smartphone and mobile device usage, and regulatory changes.

In the coming years, the market size for next-generation networks is anticipated to experience robust growth, expected to escalate to $50.19 billion by 2029 with a CAGR of 8.8%. This anticipated growth during the forecast period can be linked to factors such as the introduction and appropriation of 5G, the rise of the Internet of Things (IoT), the implementation of edge computing, virtualization, and software-defined networks (SDN), as well as a rising demand for applications with low latency. Key trends during this forecast period encompass an increase in network automation, the development of network slicing allowing for personalized services, the expansion of private 5G networks, the emergence of network security as a service (SECaaS), and the merging of telecommunications and IT infrastructure.

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How are the latest trends influencing the growth of the next-generation network market?
The focus on innovative product development featuring advanced technologies is a key strategy for major companies operating in the next-generation network market. An example is HPE Aruba Networking Central, a tool that significantly enhances the capabilities of next-generation networks to accommodate increasing demands for speed, dependability, and scalability in the contemporary digital landscape. In April 2023, Hewlett Packard Enterprise, a prominent IT company based in the US, launched HPE Aruba Networking Central - a network management solution rooted in cloud technology. Its primary function is to streamline network operations and enhance productivity for enterprise IT departments. This is achieved by exploiting Artificial Intelligence for IT operations (AIOps), thereby minimizing manual interventions and enabling network teams to concentrate more on strategic projects. The platform is characterized by an operator-focused design combined with features like network recovery through time-travel, visualizing multi-layer network topology, smart assurance pointers, as well as AI-driven insights for root cause analysis and making informed recommendations.

What are the major segments of the next-generation network market and their role in driving growth?
The next-generation network market covered in this report is segmented -

1) By Offering: Software, Hardware, Services
2) By Application: Internet, Video, File Sharing And Web Data, IPTV And Video On Demand, Gaming, Other Applications
3) By End User: Internet Service Providers, Telecom Service Providers, Government, Other End Users

Subsegments:
1) By Software: Network Management Software, Network Automation Software, Security Software, Analytics And Monitoring Software, Orchestration Software
2) By Hardware: Routers, Switches, Firewalls, Servers, Network Interface Cards (NICs), Optical Network Equipment
3) By Services: Professional Services (Consulting, Integration), Managed Services, Cloud Services, Support And Maintenance Services

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Which regions are key players in the growth of the next-generation network market?
Asia-Pacific was the largest region in the next-generation network market in 2024. The regions covered in the next-generation network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the next-generation network market?
Major companies operating in the next-generation network market are Samsung Electronics Co. Ltd., Microsoft Corporation, AT&T Inc., Huawei Technologies Co. Ltd., IBM Corporation, Oracle Corporation, Cisco Systems Inc., Broadcom Inc., Infradata Group, NEC Corporation, Nokia Corporation, ZTE Corporation, Hewlett Packard Enterprise Development LP, Juniper Networks Inc., Ciena Corporation, Mavenir Systems Inc., Tata Communications Limited, AsiaInfo Technologies Limited, ADTRAN Inc., EXFO Inc., Ascom Holding AG, Extreme Networks, Inc., AVOTUS Corporation, TelcoBridges, TELES AG, KPN International B.V.

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What Is Covered In The Next-Generation Network Global Market Report?

•Market Size Forecast: Examine the next-generation network market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the next-generation network market for a structured understanding.
•Key Players Overview: Analyze major players in the next-generation network market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the next-generation network market.
•Segment Contributions: Evaluate how different segments drive overall growth in the next-generation network market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the next-generation network market.
•Industry Challenges: Identify potential risks and obstacles affecting the next-generation network market.
•Competitive Landscape: Review strategic developments in the next-generation network market, including expansions, agreements, and new product launches.

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