Network Transformation Market Size Forecasted To Achieve $789.96 Billion By 2029 With Steady Growth

The Network Transformation Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Network Transformation Market Size and Projected Growth Rate?
The size of the network transformation market has seen considerable growth over the past few years. The market is projected to expand from $90.73 billion in 2024 to a whopping $139.37 billion in 2025 with a compound annual growth rate (CAGR) hitting 53.6%. The past growth of this market can be accredited to outdated infrastructure, increased bandwidth requirements, matters of security, and efforts to reduce costs.

The size of the network transformation market is predicted to witness a colossal upsurge in the coming years, escalating to a staggering $789.96 billion by 2029, displaying a compound annual growth rate (CAGR) of 54.3%. The surge during the forecasted period can be traced back to the rise of the remote workforce, robustness of the supply chain, network automation, digital alteration, and competitive stress. Key trends during this forecast period entail edge computing, machine learning and artificial intelligence (AI), 6G evolution, adopting the cloud, and the internet of things (IoT).

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What Are the Major Segments in the Network Transformation Market?
The network transformation market covered in this report is segmented -

1) By Solutions: Network Automation, 5G Networks, SDN & NFV, C-RAN
2) By Organization Size: Small and Medium Enterprises, Large Enterprise
3) By Vertical: BFSI, Energy and Utility, Government, IT and Telecom, Manufacturing, Retail, Other Verticals

Subsegments:
1) By Network Automation: Automation Software, Orchestration Tools, AI-Powered Automation Solutions, Network Analytics Tools
2) By 5G Networks: Core Network Infrastructure, Radio Access Network (RAN) Solutions, Edge Computing Solutions, 5G Network Management Tools
3) By Software-Defined Networking (SDN) & Network Functions Virtualization (NFV): SDN Controllers, NFV Infrastructure (NFVI), Virtual Network Functions (VNFs), Network Slicing Solutions
4) By Cloud Radio Access Network (C-RAN): Centralized RAN Solutions, Cloud-Based RAN Management, Virtualized RAN Solutions, C-RAN Transport Solutions

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What Are The Driving Network Transformation Market Evolution?
The network transformation market is predicted to witness significant growth due to an increase in the adoption of the bring your own device (BYOD) policy in various firms. Under a BYOD policy, employees utilize their personal devices such as smartphones, tablets, laptops, and computers to connect to the corporate network and access necessary resources to perform their duties. Network transformation plays a crucial role in restructuring network architecture when businesses wish to modify their network infrastructure based on the devices used by their employees. As per data provided by Cisco, 89% of IT departments facilitate BYOD in some manner and 69% of IT leaders have a positive outlook towards BYOD. Hence, the increasing implementation of BYOD policy in firms is anticipated to fuel the growth of the network transformation market.

Which Firms Dominate The Network Transformation Market Segments?
Major companies operating in the network transformation market include International Business Machines Corporation, Fujitsu Ltd., Dell EMC, Ciena Corporation, Hewlett Packard Enterprise Company, Cisco Systems Inc., Juniper Networks Inc., Huawei Technologies Co. Ltd., NEC Corporation, Intel Corporation, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Samsung Group, VMware Inc., Aryaka Networks Inc., Citrix Systems Inc., CenturyLink, Silver Peak Systems Inc., ZTE Corporation, ALE International SAS, BT Group plc, Cato Networks, Colt Technology Services Group Limited, Comarch SA, Coriant GmbH, CSG International, ECI Telecom, Infosys Limited, Fortinet Inc., Broadcom Inc., AT&T Inc., plc

What Trends Are Expected to Dominate the Network Transformation Market in the Next 5 Years?
Important firms engaged in the network transformation market are concentrating on the creation of innovative modular, scalable data center solutions to offer flexible and efficient data center options in scenarios with limited infrastructure. These modular, scalable data centers are adjustable, expandable facilities purposely constructed to efficiently contain computing resources within self-contained units. As such, these can be conveniently included or withdrawn to adapt to fluctuating requirements and maximize resource usage. For instance, in February 2023, the US-based cloud computing company, Amazon Web Services (AWS) made the AWS Modular Data Center (MDC) accessible to the U.S. Department of Defense (DoD). This notable feature embodies a self-contained, climate-controlled unit that can accommodate AWS Outposts or Snow Family devices, fostering scalable deployments and anticipatory management in infrastructure-constrained areas. Its importance resides in facilitating U.S. Department of Defense agencies to operate low-latency apps for military activities and crisis responses, while concurrently simplifying data center administration and improving accessibility to conventional AWS services in edge environments.

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Which Is The Largest Region In The Network Transformation Market?
North America was the largest region in the network transformation market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the network transformation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Network Transformation Market?
2. What is the CAGR expected in the Network Transformation Market?
3. What Are the Key Innovations Transforming the Network Transformation Industry?
4. Which Region Is Leading the Network Transformation Market?

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