Global Network Transformation Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue And Regional Forecast To 2027
Global Network Transformation Market Demand, Industry Size, Top
Players, Opportunities, Sales, Revenue And Regional Forecast To
2027
Market Overview
According to Market Research Future, the Global Network Transformation Market has been
segmented based on Component, Organization Size, Vertical, and Region/Country.
Network transformation enables organization to automate their networks to provide new advanced
services with speed and cater their customers with excellent usage experience. This is achieved
through connected devices, new applications, automation technologies, enhanced security
controls, adoption of cloud-based services, among others. Some of the benefits offered by the
network transformation include enhanced transparency and control, standardized services, short
deployment cycles, faster site connectivity that enables agile business of digital services, provide
customer-oriented product offerings for superior user satisfaction, increase productivity in day-to-
day business operations, greater network security to meet regulatory compliances, boost adoption
of cloud through via cloud exchanges and direct SaaS connectivity, among others.
By component, the global network transformation market has been divided into solution and
services. Further, the solution sub-segment is bifurcated into 5G networks, cloud/centralized radio
access network (C-RAN), network automation, and software-defined networking (SDN) & network
functions virtualization (NFV). Whereas services sub-segment is divided into professional services
and managed services.
By organization size, the global network transformation market has been divided into small &
medium enterprise and large enterprise.
Depending on its vertical, the network transformation market is split into BFSI, energy & utility,
government, healthcare, IT & telecom, manufacturing, retail, and others.
The global network transformation market has been analysed for five regions—North America,
Europe, Asia-Pacific, the Middle East & Africa, and South America.
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Regional Analysis
By region, the global network transformation market has been segmented into North America,
Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to
be the largest market due to the higher adoption of innovative technology solutions and services
in the region. Also, the benefits offered by network transformation including enhanced
transparency and control, standardized services, short deployment cycles, faster site
connectivity that enables agile business of digital services, provide customer-oriented product
offerings for superior user satisfaction, increase productivity in day-to-day business operations,
greater network security to meet regulatory compliances, boost adoption of cloud through via
cloud exchanges and direct SaaS connectivity, among others.
Key Players
The key players in the global network transformation market are Ciena Corporation (US), Cisco
Systems, Inc. (US), Telefonaktiebolaget LM Ericsson (Sweden), Dell Inc. (US), FUJITSU (Japan),
Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Intel Corporation
(US), IBM Corporation (US), NEC Corporation (US), Ribbon Communications Operating
Company, Inc. (US), Wipro Limited (India), TATA Communications (India), Sakon (US), and
Curvature (US).
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