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2025-2034 Next Generation Network Equipment Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Next Generation Network Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the market size of next-generation network equipment has seen significant growth. The market is projected to expand from a value of $35.32 billion in 2024 to $37.59 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.4%. This upsurge during the historic period stems from several factors, including heightened demand for rapid connection speeds, spread of interconnected devices, evolution in communication norms, increased data flows, and the necessity for enhanced network security.
Next Generation Network Equipment Market Size Forecast: What's the Projected Valuation by 2029?
The market size of the upcoming generation network equipment is anticipated to experience significant growth in the forthcoming years. It is projected to reach $49.93 billion in 2029, with a compound annual growth rate (CAGR) of 7.4%. Factors such as the deployment of 5G networks, the emergence of virtualization and software-defined networking (SDN), the need for low-latency applications, increased emphasis on network automation, and the demand for scalable and flexible network infrastructures are contributing to the anticipated growth in the forecast period. Furthermore, the forecast period will witness trends like escalating edge computing, the adoption of open radio access networks (rans), multi-access edge computing (MEC) growth, the rise of network-as-a-service (NAAS) models, and the use of artificial intelligence in network management.
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What Are the Drivers Transforming the Next Generation Network Equipment Market?
The expansion of the next-generation network equipment market is expected to be driven by the increasing requirement for high-capacity Internet Protocol (IP) based networks. These networks are enhanced communication infrastructures that possess extended bandwidth and an advanced capability to effectively manage massive amounts of digital data. Next-generation network equipment plays a crucial role in responding to the escalating demand for such networks by supplying advanced infrastructures and technologies that can effectively handle augmented data traffic and sustain emerging applications and services. For example, as reported by the International Telecommunication Union, a UN agency based in Switzerland, in October 2023 the global online population had risen to approximately 67 percent, translating to 5.4 billion people. This is an elevation of 4.7 percent when compared to figures from 2022. As a result, the increasing demand for high-capacity Internet Protocol (IP) based networks is fostering the growth 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?
Leading firms active within the next-generation network equipment market are focusing on the introduction of advanced solutions like Amdocs Network Inventory, to maintain their competitive standing. This ground-breaking network inventory solution, which is cloud-neutral, is a comprehensive software platform designed for tracking and managing network resources across multiple cloud settings, removing the constraint of being linked to a specific cloud provider. For instance, the Amdocs Network Inventory was launched in June 2023 by Amdocs, a US-based software and service provider. This platform, armed with AI-powered automation, support for various clouds, and end-to-end visibility, improves network processes and enables a quicker route to market. It symbolizes a technological advancement towards intelligent and automated network management solutions and bestows service providers with the necessary tools to handle intricate network operations, adapt to evolving 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 equipmentmarket 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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