Impact of COVID-19: Network Transformation Market is Projected to Reach a Value of Over USD 232.8 Billion by 2027
The Global Network Transformation Market is projected to reach a value of over USD 232.8 Billion by 2027 at a CAGR of around 61.1%.
Network Transformation offers services for businesses to enhance and update their infrastructure for information technology. It helps to enhance the business by delivering the new element in the core network, backbone network, and access network to support the digital delivery method. Moreover, it also allows for aid in cloud controlled applications and helps in delivering large amount by reducing cost and improving the work efficiency.
Hence, the enhancement of data management allows for faster processing of data by less usage of energy.
Network Transformation Market: Drivers & Restraints
Market Drivers:
Increasing Demand for Bring Your Own Device (BYOD)
The increasing demand for bring your own device (BYOD), where the enterprise is motivating the employee to bring their own device to work. These trends have increased the demand for high performing network which can incorporate a variety of applications and connect them to heterogeneous devices. Moreover, it can also help the user to empowered and engage in the growth of the business.
Hence, increasing demand for bringing your own devices leads to enhance the demand for market growth in the forecast period.
Get Sample Copy of This Report @ https://www.forencisresearch.com/network-transformation-market-sample-pdf/
Rising Demand in Digitalization
The rising demand in digitalization enhanced the connectivity and speed which lead to improving the market demand. Also is an important concept for the organization for improving their business technology to gain a competitive advantage. Moreover, it allows us to faster time to innovation, greater operational, and increase security. As well as it provides better efficiency for the organization’s growth with the adoption of new features and technologic
Therefore, rising demand in digitalization increases the demand for the Network Transformation Market during the forecast period.
Market Restraint:
Cybersecurity Issues
Cybersecurity issues are growing constantly growing in complexity and volume which will hinder the market. Moreover, transformation is enhanced at the fast rate which helps to change the business operate efficiently but the increasing cyber threat and attacks are becoming more advance and sophisticated. Some of the organization is improving its staff by training. Furthermore, the technology is changing rapidly and while this provides benefits, it also makes it more difficult to keep up with security processes which are projected to be one of the key concerns of the market growth in the forecast period.
Network Transformation Market: Key Segments
- Segmentation based on Component: Solution and Services
- Segmentation based on Solution: Network Function Virtualization (NFV), Software-defined Networking (SDN), Centralized RAN (C-RAN), Virtualized radio access network (vRAN) and 5G Networks
- Segmentation based on Services: Network Consulting, Modernize Network Services, Network Transformation Services, Integration, Optimization Services and Wireless Infrastructure Management
- Segmentation based on Deployment Mode: On-Demand and On-premise
- Segmentation based on Enterprise Size: Small Enterprises, Medium-Sized Enterprises and Large Enterprises
- Segmentation based on End-User: Manufacturing, Telecom, Transportation and Logistics, Energy and Utilities and Media and Entertainment
- Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, and Middle East & Africa with individual country-level analysis
Request Report Methodology On Competition On Global Network Transformation Market Here @ https://www.forencisresearch.com/network-transformation-market-request-methodology/
Network Transformation Market: Report Scope
The report on the Network Transformation Market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
List of the leading companies operating in the Network Transformation Market include:
- Cisco Systems, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Juniper Networks, Inc.
- Huawei Technologies Co., Ltd.
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- NEC Corporation
- Intel Corporation
- FUJITSU
- Accenture
- Other Key Companies
Network Transformation Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Network Transformation Market, by Component
- Solution
- Services
Network Transformation Market, by Solution
- Network Function Virtualization (NFV)
- Software-defined Networking (SDN)
- Centralized RAN (C-RAN)
- Virtualized radio access network (vRAN)
- 5G Networks
Network Transformation Market, by Services
- Network Consulting
- Modernize Network Services
- Network Transformation Services
- Integration
- Optimization Services
- Wireless Infrastructure Management
Network Transformation Market, by Deployment Mode
- On-Demand
- On-premise
Network Transformation Market, by Enterprise Mode
- Small Enterprises
- Medium-Sized Enterprises
- Large Enterprises
Network Transformation Market, by End-User
- Manufacturing
- Telecom
- Transportation and Logistics
- Energy and Utilities
- Media and Entertainment
- Others
Consult with an Analyst @ https://www.forencisresearch.com/network-transformation-market-consult-with-an-analyst/
Network Transformation Market by Region
- Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
- North America (US, Canada, Mexico)
- Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
- Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
- South America (Brazil, Argentina, Rest of South America)
KEY QUESTIONS ANSWERED BY THE REPORT
- What are the important developments affecting the market globally and its growth?
- What will be the impact of the developments in the market on the industry and on the market competitor in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What is the important condition that will affect market growth worldwide during the study period?
- Who are the major players operating in the market across the globe?
- How are the major players leveraging in the present market scenario worldwide?
Table of Content
- INTRODUCTION
- RESEARCH DESIGN & SCOPE
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
- INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
- GLOBAL Network Transformation Market BY COMPONENT, Market Size in USD Million (2019–2027)
- GLOBAL Network Transformation Market BY SOLUTION, Market Size in USD Million (2019–2027)
- GLOBAL Network Transformation Market BY SERVICES, Market Size in USD Million (2019–2027)
- GLOBAL Network Transformation Market BY DEPLOYMENT MODE, Market Size in USD Million (2019–2027)
- GLOBAL Network Transformation Market BY ENTERPRISE SIZE, Market Size in USD Million (2019–2027)
- GLOBAL Network Transformation Market BY END-USER, Market Size in USD Million (2019–2027)
- GLOBAL Network Transformation Market BY REGION, Market Size in USD Million (2019–2027)
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
- APPENDIX
Purchase this Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/network-transformation-market-purchase-now/
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Contact Us
FORENCIS RESEARCH
Phone: +1 (720) 306 9020
Email: info@forencisresearch.com
For more market research insights, please visit https://www.forencisresearch.com
