5G Penetration Driving Growth In Next-Generation Network Market: A Key Catalyst Accelerating Global Next-Generation Network Market Growth in 2025

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Next-Generation Network Market Size Growth Forecast: What to Expect by 2025?
The market size for next-generation networks has seen robust growth lately and is predicted to increase from $33.12 billion in 2024 to $35.41 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The historic expansion can be linked to factors such as increased data usage, need for larger bandwidth, rise of smartphones and portable gadgets, and regulatory shifts.

How Will the Next-Generation Network Market Size Evolve and Grow by 2029?
In the coming years, the size of the next-generation network market is projected to experience robust growth, anticipated to catapult to $47.93 billion by 2029, with a compound annual growth rate of 7.9%. Several factors are driving this predicted surge during the estimated timeframe including the implementation and uptake of 5G, the rapid spread of the internet of things (IoT), the incorporation of edge computing, virtualization, and software-defined networking (SDN), and the burgeoning demand for applications with low latency. The forecast period is also likely to observe significant trends such as enhanced network automation, the burgeoning expansion of network slicing for tailored services, the rise in private 5G networks, the emergence of network security as a service (SECaaS), and the merger of telecommunications and IT infrastructure.

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What Drivers Are Propelling the Growth of Next-Generation Network Market Forward?
The expected increase in 5G adoption is anticipated to fuel the expansion of the next-generation network market in the future. 5G corresponds to the fifth iteration of mobile network technology, that offers increased data speeds, reduced latency, more capacity, and support for a broad array of applications and devices in comparison to its predecessors. The infiltration of 5G can be attributed to the increasing necessity for high-speed connectivity, the advent of novel technologies, and competition among telecommunications corporations and mobile network operators. The growing prevalence of 5G technology aids in the development and implementation of next-gen networks to offer enhanced services, back emerging technologies, and stimulate innovation in multiple sectors. For instance, as per 5G Americas, an industry trade organization based in the US, reported that North America registered 151 million 5G connections and 496 million LTE connections in the 2nd quarter of 2023, which is predicted to touch 669 million by 2028. Consequently, the anticipated growth in 5G adoption is driving the next-generation network market.

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Which Emerging Trends Are Transforming the Next-Generation Network Market in 2025?
In an effort to boost their profitability in the next-generation network market, big players are concentrating on pioneering innovative solutions like HPE Aruba Networking Central, armed with high-tech capabilities. The product plays a pivotal role in helping next-gen networks satisfy the escalating requirements for speed, dependability, and scalability in the digital age. In April 2023, for instance, information technology firm, Hewlett Packard Enterprise, based in the US, launched HPE Aruba Networking Central. This cloud-native network management tool is tailored to streamline network operations and bolster productivity within enterprise IT departments. By employing artificial intelligence for IT operations (AIOps), it minimizes manual workflows, enabling network teams to allocate their time to more crucial tasks. Some of its novel features include an operator-centered layout, network recovery time-travel functionalities, multi-tier topology visualization, intelligent assurance indictors, and AI-fueled insights for root cause analysis and suggesting improvements.

What Are the Key Segments in the Next-Generation Network Market?
The next-generation networkmarket 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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Who Are the Key Players Shaping the Next-Generation Network Market's Competitive Landscape?
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.

What Geographic Markets Are Powering Growth in 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.

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