Global Next-Generation Network Solution Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at xx % through 2020 to 2027, reaching US$ XX Mn.

Global Next-Generation Network Solution Market Overview:

Next-generation network solution is a packet-based network that provides users with different telecommunication services, including voice and data services, is a next-generation network solution. Next-generation network solution is able to handle various forms of traffic concurrently, such as audio, video, data and multimedia. The next generation network, including data network (internet), public switch telephone network (PSTN) and wireless network, is the integration of multiple service provider networks. By using a shared network, these solutions provide convergent multimedia services. A common core network with all types of connectivity and services and the core network architecture are separate elements of the network. There are three layers of the core network architecture, namely the transport layer, control layer, and operation layer. Technological innovation is expected to support the development of the Next-Generation Network Solution market.

Demand is increasingly rising for faster communication, high-speed data transmission and a highly sensitive network. With the assistance of next-generation network technology, all these demands are well answered. Continuous cellular network growth has made it possible for consumers to enjoy higher data speeds with low latency. The demand for high-speed data services is mainly driven by the rising use of both consumer electronic devices and business use of services and applications. Moreover, the rise in the number of mobile users and the increase in the average amount of data per subscription demand a high-speed, high-bandwidth network capable of handling enormous data traffic. Next-generation network infrastructure should provide enough bandwidth to accommodate rising data traffic. The growth of the next-generation network market is being restrained by high infrastructure costs. It is expected that the NGN infrastructure will alter the simultaneous modes of communication. In contrast with the previous version, the next-generation network offers advanced features. Network carriers need to upgrade their existing network infrastructure to a next-generation platform in order to meet current market trends and meet expected demand increases for advanced networks. For instance, DXC Technology and AT&T Company partnership provides enterprise companies with next-generation technology solutions. AT&T's wide range of highly stable, global network and cloud integration services are complemented by DXC's systems integration experience, cloud and workplace services, advanced consulting skills and application expertise.

Based on Offering, Next-Generation Network Solution Market is segmented by Hardware, Software and Services. Hardware dominated Next-Generation Network Solution Market with increasing need for the integration of computing and telecommunication platforms to raise the agility of the organizations and individuals. Based on End-User, Telecom service provider is the leading segment amongst others due to the smartphone manufacturers and telecom players are rapidly gearing toward the shift with 5G networks soon to be rolled out. The key drivers are higher accuracy, lower turnaround time along with improved sensitivity which motivates market development.

The Next-Generation Network Solution market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is the government initiatives to enable the adoption of artificial intelligence in various applications. The Asia Pacific region is projected to register the fastest growth rate in the target market due to the tremendous potential for network connectivity and related infrastructure of the next generation to provide faster communication and simultaneous communications between different devices.

Competitive Landscape:

Global Next-Generation Network Solution Market1

The objective of the report is to present a comprehensive analysis of the Global Next-Generation Network Solution Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Next-Generation Network Solution Market dynamics, structure by analyzing the market segments and projects the Global Next-Generation Network Solution Market size. Clear representation of competitive analysis of key players by Offering, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Next-Generation Network Solution Market make the report investor’s guide.
Scope of Global Next-Generation Network Solution Market

Global Next-Generation Network Solution Market, By Offering

• Hardware
• Software
• Services
Global Next-Generation Network Solution Market, By End-User

• Telecom service provider
• Internet service provider
• Government
Global Next-Generation Network Solution Market, By Application

• Internet video
• IPTV & video on demand
• File sharing and web data
• Gaming
Global Next-Generation Network Solution Market, by Region

• North America
• Europe
• Asia-Pacific
• ME & Africa
• Latin America
Global Next-Generation Network Solution Market Key Players

• Cisco
• Huawei Technologies Co., Ltd.
• ZTE Corporation
• Nokia
• Ericsson
• NEC Corporation
• TELCOBRIDGES INC.
• CommVerge Solutions
• Extreme Networks
• SAMSUNG
• Ciena Corporation
• Juniper Network Inc
• IBM Corporation
• VMware Inc
• Oracle
• Citrix Systems, Inc
• AT&T
• Telstra Corporation Limited

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