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Network Transformation Market

Network Transformation Market Forecasts to 2028 – Global Analysis By Enterprise Size (Large Enterprise, Small & Medium Enterprise), Component (Service, Solution), End User and By Geography

4.5 (69 reviews)
Published: May 2021 ID: SMRC20500
4.5 (69 reviews)
Published: May 2021 ID: SMRC20500

This report covers the impact of COVID-19 on this global market
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Network Transformation Market Analysis

According to Stratistics MRC, the Global Network Transformation Market Analysis is $26.64 billion in 2020 and is expected to reach $1,056.11 billion by 2028 growing at a CAGR of 58.4% during the forecast period. Rising adoption of IT as a service (ITaaS), growing need for the enhancement of present networking solutions, and increasing bandwidth requirement are the major factors propelling the market growth. However, lack of expertise and skills in the development of next-generation networking solutions and security threats are hampering the market growth.

Network transformation solutions provide affluence in operating a communication network. It enables a telecom operator to decrease the network complexity and lessen the overall management cost. Cloud service providers, telecommunication service providers, and enterprises are biggest beneficiaries of this as in telecommunication sector and there is huge margin pressure on service providers, owing to the varying needs of consumers such as usages of OTT services and data consumption. Conventional networks of service providers are not capable to handle this demand from consumers and hence they are reconfiguring their network with the help of network transformation solutions, to manage the challenges of increasing the average revenue per user (ARPU) and traffic explosion.

Based on end user, the information technology (IT) & telecom segment is going to have a lucrative growth during the forecast period owing to the integration of latest technologies such as big data and machine learning and implementation of latest networking infrastructure by the organizations. Network transformation solutions are widely used in the industry for the purpose of handling wide area network (WAN) circuit trouble tickets and connectivity equipment, and enhancing site bandwidth, connectivity, and traffic utilization. Furthermore, the IT & telecom industry is in the increasing need for data centre functions to integrate with business operations for boosting operational efficiency, which is anticipated to bode well for the market growth.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rapid adoption of new technologies and the development of IT infrastructure, along with improved investments in R&D projects. The implementation of cloud-based solutions and growing investments in data security among numerous companies in the region is expected to contribute to market growth. Moreover, the increasing investments in SMEs by emerging economies such as India and China are expected to further propel the market growth.

Some of the key players profiled in the Network Transformation Market Analysis include Accenture Plc, Ciena, Cisco Systems, Inc, Dell EMC, Ericsson, Fujitsu, Hewlett Packard Enterprise (HPE), Huawei Technology Co. Ltd, IBM Corporation, Intel Corporation, Juniper Networks Inc, Mavenir, NEC Corporation, Nokia Networks, and Samsung.
 
Enterprise Sizes Covered:
• Large Enterprise
• Small & Medium Enterprise

Components Covered:
• Service
• Solution

End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Energy & Utility
• Government
• Healthcare
• Information Technology (IT) & Telecom
• Manufacturing
• Media & Entertainment
• Retail

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary      
        
2 Preface     
  
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction      
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 End User Analysis     
 3.7 Emerging Markets     
 3.8 Impact of Covid-19     
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Network Transformation Market, By Enterprise Size  
 5.1 Introduction     
 5.2 Large Enterprise     
 5.3 Small & Medium Enterprise    
        
6 Global Network Transformation Market, By Component  
 6.1 Introduction     
 6.2 Service      
  6.2.1 Professional Service   
   6.2.1.1 Deployment and Provisioning  
   6.2.1.2 Consulting   
   6.2.1.3 Integration   
   6.2.1.4 Transformation Optimization  
   6.2.1.5 Wireless Infrastructure Management 
  6.2.2 Managed Service    
   6.2.2.1 Network Monetization  
   6.2.2.2 Network Management  
   6.2.2.3 Network Testing   
   6.2.2.4 Network Audit   
 6.3 Solution      
  6.3.1 5G Networks    
  6.3.2 Centralized Radio Access Network (C-RAN) 
   6.3.2.1 Centralization   
   6.3.2.2 Virtualization   
  6.3.3 Network Automation   
  6.3.4 Software Defined Networking (SDN) and Network Functions Virtualization (NFV)
   6.3.4.1 Software    
   6.3.4.2 Physical Appliances   
        
7 Global Network Transformation Market, By End User  
 7.1 Introduction     
 7.2 Banking, Financial Services and Insurance (BFSI)  
 7.3 Energy & Utility     
 7.4 Government     
 7.5 Healthcare     
 7.6 Information Technology (IT) & Telecom   
 7.7 Manufacturing     
 7.8 Media & Entertainment    
 7.9 Retail      
        
8 Global Network Transformation Market, By Geography  
 8.1 Introduction     
 8.2 North America     
  8.2.1 US     
  8.2.2 Canada     
  8.2.3 Mexico     
 8.3 Europe      
  8.3.1 Germany     
  8.3.2 UK     
  8.3.3 Italy     
  8.3.4 France     
  8.3.5 Spain     
  8.3.6 Rest of Europe    
 8.4 Asia Pacific     
  8.4.1 Japan     
  8.4.2 China     
  8.4.3 India     
  8.4.4 Australia     
  8.4.5 New Zealand    
  8.4.6 South Korea    
  8.4.7 Rest of Asia Pacific    
 8.5 South America     
  8.5.1 Argentina    
  8.5.2 Brazil     
  8.5.3 Chile     
  8.5.4 Rest of South America   
 8.6 Middle East & Africa    
  8.6.1 Saudi Arabia    
  8.6.2 UAE     
  8.6.3 Qatar     
  8.6.4 South Africa    
  8.6.5 Rest of Middle East & Africa   
        
9 Key Developments      
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 9.2 Acquisitions & Mergers    
 9.3 New Product Launch    
 9.4 Expansions     
 9.5 Other Key Strategies    
        
10 Company Profiling      
 10.1 Accenture Plc     
 10.2 Ciena      
 10.3 Cisco Systems, Inc     
 10.4 Dell EMC      
 10.5 Ericsson      
 10.6 Fujitsu      
 10.7 Hewlett Packard Enterprise (HPE)   
 10.8 Huawei Technology Co. Ltd    
 10.9 IBM Corporation     
 10.10 Intel Corporation     
 10.11 Juniper Networks Inc    
 10.12 Mavenir      
 10.13 NEC Corporation     
 10.14 Nokia Networks     
 10.15 Samsung      


List of Tables       
1 Global Network Transformation Market Outlook, By Region (2019-2028) ($MN)
2 Global Network Transformation Market Outlook, By Enterprise Size (2019-2028) ($MN)
3 Global Network Transformation Market Outlook, By Large Enterprise (2019-2028) ($MN)
4 Global Network Transformation Market Outlook, By Small & Medium Enterprise (2019-2028) ($MN)
5 Global Network Transformation Market Outlook, By Component (2019-2028) ($MN)
6 Global Network Transformation Market Outlook, By Service (2019-2028) ($MN)
7 Global Network Transformation Market Outlook, By Professional Service (2019-2028) ($MN)
8 Global Network Transformation Market Outlook, By Managed Service (2019-2028) ($MN)
9 Global Network Transformation Market Outlook, By Solution (2019-2028) ($MN)
10 Global Network Transformation Market Outlook, By 5G Networks (2019-2028) ($MN)
11 Global Network Transformation Market Outlook, By Centralized Radio Access Network (C-RAN) (2019-2028) ($MN)
12 Global Network Transformation Market Outlook, By Network Automation (2019-2028) ($MN)
13 Global Network Transformation Market Outlook, By Software Defined Networking (SDN) and Network Functions Virtualization (NFV) (2019-2028) ($MN)
14 Global Network Transformation Market Outlook, By End User (2019-2028) ($MN)
15 Global Network Transformation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
16 Global Network Transformation Market Outlook, By Energy & Utility (2019-2028) ($MN)
17 Global Network Transformation Market Outlook, By Government (2019-2028) ($MN)
18 Global Network Transformation Market Outlook, By Healthcare (2019-2028) ($MN)
19 Global Network Transformation Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
20 Global Network Transformation Market Outlook, By Manufacturing (2019-2028) ($MN)
21 Global Network Transformation Market Outlook, By Media & Entertainment (2019-2028) ($MN)
22 Global Network Transformation Market Outlook, By Retail (2019-2028) ($MN)
23 North America Network Transformation Market Outlook, By Country (2019-2028) ($MN)
24 North America Network Transformation Market Outlook, By Enterprise Size (2019-2028) ($MN)
25 North America Network Transformation Market Outlook, By Large Enterprise (2019-2028) ($MN)
26 North America Network Transformation Market Outlook, By Small & Medium Enterprise (2019-2028) ($MN)
27 North America Network Transformation Market Outlook, By Component (2019-2028) ($MN)
28 North America Network Transformation Market Outlook, By Service (2019-2028) ($MN)
29 North America Network Transformation Market Outlook, By Professional Service (2019-2028) ($MN)
30 North America Network Transformation Market Outlook, By Managed Service (2019-2028) ($MN)
31 North America Network Transformation Market Outlook, By Solution (2019-2028) ($MN)
32 North America Network Transformation Market Outlook, By 5G Networks (2019-2028) ($MN)
33 North America Network Transformation Market Outlook, By Centralized Radio Access Network (C-RAN) (2019-2028) ($MN)
34 North America Network Transformation Market Outlook, By Network Automation (2019-2028) ($MN)
35 North America Network Transformation Market Outlook, By Software Defined Networking (SDN) and Network Functions Virtualization (NFV) (2019-2028) ($MN)
36 North America Network Transformation Market Outlook, By End User (2019-2028) ($MN)
37 North America Network Transformation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
38 North America Network Transformation Market Outlook, By Energy & Utility (2019-2028) ($MN)
39 North America Network Transformation Market Outlook, By Government (2019-2028) ($MN)
40 North America Network Transformation Market Outlook, By Healthcare (2019-2028) ($MN)
41 North America Network Transformation Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
42 North America Network Transformation Market Outlook, By Manufacturing (2019-2028) ($MN)
43 North America Network Transformation Market Outlook, By Media & Entertainment (2019-2028) ($MN)
44 North America Network Transformation Market Outlook, By Retail (2019-2028) ($MN)
45 Europe Network Transformation Market Outlook, By Country (2019-2028) ($MN)
46 Europe Network Transformation Market Outlook, By Enterprise Size (2019-2028) ($MN)
47 Europe Network Transformation Market Outlook, By Large Enterprise (2019-2028) ($MN)
48 Europe Network Transformation Market Outlook, By Small & Medium Enterprise (2019-2028) ($MN)
49 Europe Network Transformation Market Outlook, By Component (2019-2028) ($MN)
50 Europe Network Transformation Market Outlook, By Service (2019-2028) ($MN)
51 Europe Network Transformation Market Outlook, By Professional Service (2019-2028) ($MN)
52 Europe Network Transformation Market Outlook, By Managed Service (2019-2028) ($MN)
53 Europe Network Transformation Market Outlook, By Solution (2019-2028) ($MN)
54 Europe Network Transformation Market Outlook, By 5G Networks (2019-2028) ($MN)
55 Europe Network Transformation Market Outlook, By Centralized Radio Access Network (C-RAN) (2019-2028) ($MN)
56 Europe Network Transformation Market Outlook, By Network Automation (2019-2028) ($MN)
57 Europe Network Transformation Market Outlook, By Software Defined Networking (SDN) and Network Functions Virtualization (NFV) (2019-2028) ($MN)
58 Europe Network Transformation Market Outlook, By End User (2019-2028) ($MN)
59 Europe Network Transformation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
60 Europe Network Transformation Market Outlook, By Energy & Utility (2019-2028) ($MN)
61 Europe Network Transformation Market Outlook, By Government (2019-2028) ($MN)
62 Europe Network Transformation Market Outlook, By Healthcare (2019-2028) ($MN)
63 Europe Network Transformation Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
64 Europe Network Transformation Market Outlook, By Manufacturing (2019-2028) ($MN)
65 Europe Network Transformation Market Outlook, By Media & Entertainment (2019-2028) ($MN)
66 Europe Network Transformation Market Outlook, By Retail (2019-2028) ($MN)
67 Asia Pacific Network Transformation Market Outlook, By Country (2019-2028) ($MN)
68 Asia Pacific Network Transformation Market Outlook, By Enterprise Size (2019-2028) ($MN)
69 Asia Pacific Network Transformation Market Outlook, By Large Enterprise (2019-2028) ($MN)
70 Asia Pacific Network Transformation Market Outlook, By Small & Medium Enterprise (2019-2028) ($MN)
71 Asia Pacific Network Transformation Market Outlook, By Component (2019-2028) ($MN)
72 Asia Pacific Network Transformation Market Outlook, By Service (2019-2028) ($MN)
73 Asia Pacific Network Transformation Market Outlook, By Professional Service (2019-2028) ($MN)
74 Asia Pacific Network Transformation Market Outlook, By Managed Service (2019-2028) ($MN)
75 Asia Pacific Network Transformation Market Outlook, By Solution (2019-2028) ($MN)
76 Asia Pacific Network Transformation Market Outlook, By 5G Networks (2019-2028) ($MN)
77 Asia Pacific Network Transformation Market Outlook, By Centralized Radio Access Network (C-RAN) (2019-2028) ($MN)
78 Asia Pacific Network Transformation Market Outlook, By Network Automation (2019-2028) ($MN)
79 Asia Pacific Network Transformation Market Outlook, By Software Defined Networking (SDN) and Network Functions Virtualization (NFV) (2019-2028) ($MN)
80 Asia Pacific Network Transformation Market Outlook, By End User (2019-2028) ($MN)
81 Asia Pacific Network Transformation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
82 Asia Pacific Network Transformation Market Outlook, By Energy & Utility (2019-2028) ($MN)
83 Asia Pacific Network Transformation Market Outlook, By Government (2019-2028) ($MN)
84 Asia Pacific Network Transformation Market Outlook, By Healthcare (2019-2028) ($MN)
85 Asia Pacific Network Transformation Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
86 Asia Pacific Network Transformation Market Outlook, By Manufacturing (2019-2028) ($MN)
87 Asia Pacific Network Transformation Market Outlook, By Media & Entertainment (2019-2028) ($MN)
88 Asia Pacific Network Transformation Market Outlook, By Retail (2019-2028) ($MN)
89 South America Network Transformation Market Outlook, By Country (2019-2028) ($MN)
90 South America Network Transformation Market Outlook, By Enterprise Size (2019-2028) ($MN)
91 South America Network Transformation Market Outlook, By Large Enterprise (2019-2028) ($MN)
92 South America Network Transformation Market Outlook, By Small & Medium Enterprise (2019-2028) ($MN)
93 South America Network Transformation Market Outlook, By Component (2019-2028) ($MN)
94 South America Network Transformation Market Outlook, By Service (2019-2028) ($MN)
95 South America Network Transformation Market Outlook, By Professional Service (2019-2028) ($MN)
96 South America Network Transformation Market Outlook, By Managed Service (2019-2028) ($MN)
97 South America Network Transformation Market Outlook, By Solution (2019-2028) ($MN)
98 South America Network Transformation Market Outlook, By 5G Networks (2019-2028) ($MN)
99 South America Network Transformation Market Outlook, By Centralized Radio Access Network (C-RAN) (2019-2028) ($MN)
100 South America Network Transformation Market Outlook, By Network Automation (2019-2028) ($MN)
101 South America Network Transformation Market Outlook, By Software Defined Networking (SDN) and Network Functions Virtualization (NFV) (2019-2028) ($MN)
102 South America Network Transformation Market Outlook, By End User (2019-2028) ($MN)
103 South America Network Transformation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
104 South America Network Transformation Market Outlook, By Energy & Utility (2019-2028) ($MN)
105 South America Network Transformation Market Outlook, By Government (2019-2028) ($MN)
106 South America Network Transformation Market Outlook, By Healthcare (2019-2028) ($MN)
107 South America Network Transformation Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
108 South America Network Transformation Market Outlook, By Manufacturing (2019-2028) ($MN)
109 South America Network Transformation Market Outlook, By Media & Entertainment (2019-2028) ($MN)
110 South America Network Transformation Market Outlook, By Retail (2019-2028) ($MN)
111 Middle East & Africa Network Transformation Market Outlook, By Country (2019-2028) ($MN)
112 Middle East & Africa Network Transformation Market Outlook, By Enterprise Size (2019-2028) ($MN)
113 Middle East & Africa Network Transformation Market Outlook, By Large Enterprise (2019-2028) ($MN)
114 Middle East & Africa Network Transformation Market Outlook, By Small & Medium Enterprise (2019-2028) ($MN)
115 Middle East & Africa Network Transformation Market Outlook, By Component (2019-2028) ($MN)
116 Middle East & Africa Network Transformation Market Outlook, By Service (2019-2028) ($MN)
117 Middle East & Africa Network Transformation Market Outlook, By Professional Service (2019-2028) ($MN)
118 Middle East & Africa Network Transformation Market Outlook, By Managed Service (2019-2028) ($MN)
119 Middle East & Africa Network Transformation Market Outlook, By Solution (2019-2028) ($MN)
120 Middle East & Africa Network Transformation Market Outlook, By 5G Networks (2019-2028) ($MN)
121 Middle East & Africa Network Transformation Market Outlook, By Centralized Radio Access Network (C-RAN) (2019-2028) ($MN)
122 Middle East & Africa Network Transformation Market Outlook, By Network Automation (2019-2028) ($MN)
123 Middle East & Africa Network Transformation Market Outlook, By Software Defined Networking (SDN) and Network Functions Virtualization (NFV) (2019-2028) ($MN)
124 Middle East & Africa Network Transformation Market Outlook, By End User (2019-2028) ($MN)
125 Middle East & Africa Network Transformation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)
126 Middle East & Africa Network Transformation Market Outlook, By Energy & Utility (2019-2028) ($MN)
127 Middle East & Africa Network Transformation Market Outlook, By Government (2019-2028) ($MN)
128 Middle East & Africa Network Transformation Market Outlook, By Healthcare (2019-2028) ($MN)
129 Middle East & Africa Network Transformation Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
130 Middle East & Africa Network Transformation Market Outlook, By Manufacturing (2019-2028) ($MN)
131 Middle East & Africa Network Transformation Market Outlook, By Media & Entertainment (2019-2028) ($MN)
132 Middle East & Africa Network Transformation Market Outlook, By Retail (2019-2028) ($MN)

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