Global Network Transformation Market

Global Network Transformation Market is expected to reach USD 174.4 Billion by 2024 from USD 4.56 Billion in 2016 at a CAGR of 68.3%. This is a comprehensive global report focused on the current and future prospects of the Global Network Transformation Market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the global network transformation market has been done in order to calculate the growth rates for each segment and sub-segments.

The key driving factor for this market include rapid growth in adoption of BYOD policy, a rise in adoption of ITaaS and virtualization, and the collaboration among market players for the development and promotion of next-generation networking solutions

The SDN and NFV sub-segments among the solutions segment is anticipated to lead the market share over the forecast period, and anticipated to dominate the segment over the forecast period this is majorly due to SDN transforms the Wide Area Network (WAN) design by decoupling the control and data planes, centralizing network intelligence, and abstracting applications from the underlying network infrastructure

The Scope of the Global Network Transformation Market Report:

Research report categorizes the Global Network Transformation Market based on component, solution, service, organization size, vertical and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Network Transformation Market with key developments in companies and market trends
Global Network Transformation Market, by Component:

• Services
• Solutions
Global Network Transformation Market, by Solution:

• C-RAN
• 5G Networks
• SDN & NFV
• Network Automation
Global Network Transformation Market, by Services:

• Managed Services
• Professional Services
Global Network Transformation Market, by Organization Size:

• Small & Medium Enterprises
• Large Enterprises
Global Network Transformation Market, by Vertical:

• Manufacturing
• Energy & Utilities
• Telecom
• IT
• Media & EntertainmentOthers
Global Network Transformation Market, by Geographies:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

More Information: https://www.maximizemarketresearch.com/market-report/global-network-transformation-market/6596/