Global network transformation market is expected to grow at a robust rate during the forecast period. The global network transformation market is driven by the growing adoption of smart connected devices, IT as a service (ITaaS), IIOE, among others. Additionally, increased adoption of bring-your-own-device (BYOD) policy among various enterprises, SMEs and corporates is expected to fuel the market growth through 2027. Furthermore, increasing investments by the major vendors operating in the market and governments across the globe for development of next generation networking solutions is expected to foster the market growth during the forecast period. Also, the leading telecom operators and players operating in the market are testing 5G networking solutions. This is expected to positively influence the market growth over the next few years. However, dearth of skilled professionals can hamper the market growth through 2027. Besides, lack of IT infrastructure especially in the emerging countries can further impede the market growth.
The global network transformation market is segmented based on component, organization size, end user industry, company, and region. Based on component, the market can be bifurcated into solution and service. The solution segment is expected to dominate the market during the forecast period on account of the development of network infrastructure required to support the increased expansion of network traffic produced by application usage, data, social media, among others. Based on organization size, the market can be bifurcated into large enterprises and SMEs. The large enterprises segment is expected to dominate the market owing to the increasing adoption of network transformation by these enterprises to enhance manageability and flexibility that is required for adding new capabilities to the network.
Regionally, the network transformation market
The major players operating in the network transformation market Cisco Systems, Inc., Juniper Networks, Inc, HPE Company, IBM Corporation, Dell EMC, NEC Corporation, Intel Corporation, Nokia Networks, Ericsson, Fujitsu, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study
- To analyze and estimate the market size of global network transformation market from 2017 to 2020.
- To estimate and forecast the market size of global network transformation market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global network transformation market based on component, organization size, end user industry, company, and regional distribution.
- To identify dominant region or segment in the global network transformation market.
- To identify drivers and challenges for global network transformation market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global network transformation market.
- To identify and analyze the profile of leading players operating in global network transformation market.
- To identify key sustainable strategies adopted by market players in global network transformation market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of service providers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the service providers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the service providers, distribution channels and presence of all major players across the globe.
Market Insights Research calculated the market size of
Key Target Audience
- Network transformation service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to network transformation
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Component · Organization Size · End User Industry |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
| Key Companies Profiled | Cisco Systems, Inc., Juniper Networks, Inc, HPE Company, IBM Corporation, Dell EMC, NEC Corporation, Intel Corporation, Nokia Networks, Ericsson, Fujitsu. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
