Next Generation Network Equipment Market Insights 2025-2034: Growth Forecast and Strategic Priorities

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Next Generation Network Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for next-generation network equipment has experienced robust growth in the past few years. The market is projected to escalate from $35.32 billion in 2024 to $38.09 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.8%. The past growth can be credited to the rising demand for high-speed internet connections, the surge in integrated devices, the evolution of communication norms, an increase in data traffic, and the requirement for advanced network security.

Next Generation Network Equipment Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations for solid expansion in the next generation network equipment market size are strong in the coming years. The market is projected to increase to $52.28 billion by 2029, with a compound annual growth rate (CAGR) of 8.2%. This growth during the forecast period is attributed to factors like 5G network deployment, the emergence of virtualization and software-defined networking (SDN), the need for low-latency applications, a heightened emphasis on network automation, and the demand for a network infrastructure that is both scalable and flexible. Key trends projected during the forecast period include the widespread of edge computing, embracing of open radio access networks (rans), the surge of multi-access edge computing (MEC), the rise of network-as-a-service (NAAS) models, and the use of artificial intelligence in managing networks.

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What Are the Drivers Transforming the Next Generation Network Equipment Market?
The escalating demand for high-capacity Internet Protocol (IP)-based systems is anticipated to drive the expansion of the next-generation network equipment market in the near future. High-capacity Internet Protocol (IP)-based networks are synonymous with advanced communication structures that offer enhanced bandwidth and higher data capacity to effectively manage an extensive amount of digital data. Crucial to cater to the growing demand for high-capacity IP-based networks, next-gen network equipment offers sophisticated infrastructure and technologies to efficiently manage the growing data traffic and back emerging applications and services. For example, the International Telecommunication Union, a UN-affiliated agency based in Switzerland, noted in October 2023 that nearly 67% of the global populace, or 5.4 billion individuals, are currently online - a rise of 4.7 percent since 2022. Consequently, the escalating demand for high-capacity Internet Protocol (IP)-based systems is spearheading the expansion of the next-generation network equipment market.

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What Long-Term Trends Will Define the Future of the Next Generation Network Equipment Market?
In a bid to gain a competitive advantage in the field of next-generation network equipment, leading corporations are putting increased emphasis on creating cutting-edge solutions such as the Amdocs Network Inventory. This platform is a state-of-the-art, cloud-agnostic network inventory solution that can manage and accurately track network resources across various cloud systems, without dependence on a specific cloud service provider. In June 2023, the software and services company, Amdocs, based in the US, unleashed its Network Inventory. Boasting AI-driven automation, cloud-agnostic support and end-to-end transparency, this platform invigorates network operations and speeds up time-to-market. This technological move towards smart and automated network management solutions opens up possibilities for service providers to tackle complex network operations, adapt to changing requirements and remain competitive in the next-generation network equipment market.

Which Segments in the Next Generation Network Equipment Market Offer the Most Profit Potential?
The next generation network equipment market covered in this report is segmented -

1) By Type: High-Fiber Copper Cables, Broadband Wireless, Broadband Devices Over Power Lines
2) By Applications: File Sharing, Internet Video, IPTV (Internet Protocol Television) And Video On Demand, Gaming, Web Data
3) By End-Users: Internet Service Provider, Telecom Service Provider, Government, Other End-Users

Subsegments:
1) By High-Fiber Copper Cables, Copper Cables, Fiber Optic Cables
2) By Broadband Wireless: 4G LTE, 5G Technology, Wi-Fi 6 (802.11ax), Other Wireless Technologies
3) By Broadband Devices Over Power Lines: Powerline Communication (PLC) Adapters, Broadband Powerline Modems, Powerline Networking Equipment

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Which Firms Dominate the Next Generation Network Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the next generation network equipment market are Samsung Electronics, Verizon Communications Inc., AT&T Inc., Huawei Investments and Holding Co. Ltd., IBM Corporation, Cisco Systems Inc., Qualcomm Incorporated, Oracle Corporation, Hewlett Packard Enterprise, Fujitsu, Tata Consultancy Services Limited, Ericsson, Alcatel-Lucent S.A. (Nokia), NEC Corporation, ZTE Corporation, Telstra Corporation Ltd., VMware Inc., Wipro Limited, Tech Mahindra Limited, Juniper Networks Inc., Amdocs, Ciena Corporation, Citrix Systems Inc., F5 Networks Inc., ADTRAN, WebNMS (Zoho Corporation), Elitecore Technologies Pvt. Ltd. (Sterlite Technologies Limited), Macquarie Telecom Group Ltd., TELES AG, Mycom OSI

Which Regions Offer the Highest Growth Potential in the Next Generation Network Equipment Market?
North America was the largest region in the next generation network equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the next generation network equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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