Network Transformation Market to Reach USD 66.86 Billion by 2026 Growing at CAGR of 61.9% : Industry Top Players: Cisco, IBM, Dell, Intel, Samsung, Accenture, GENBAND, AT

New York, NY -- (SBWire) -- 03/06/2019 --The Global Network Transformation Market is estimated to grow from USD 6.01 Billion in 2019 to USD 66.86 Billion by 2026, at a CAGR of 61.9%. The primary factors that are driving the rise of this market are the extensive demand for bandwidth requirement.

Other factors responsible for the boost in the market are the rising trend of Bring Your Own Device (BYOD) policy, rise in deployment of IT as a service (ITaaS) and virtualization, and the partnership among market players for the development and promotion of enhanced networking systems.

Lack of proper skills and expertise in enhanced networking systems are the factors acting as restraints for the market during the forecast period.

In market segmentation by manufacturers, the Network Transformation report covers the following
Cisco (US), Juniper Networks(US), HPE (US), Huawei (China), IBM (US), Dell EMC (US), NEC (Japan), Intel (US), Ericsson (Sweden), Samsung (South Korea), FUJITSU (Japan), Ciena (US), Accenture (US), GENBAND (US), AT&T (US), Arista Networks (US), and 6WIND (France)

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Network Transformation Market split by Integrant, can be divided into:
- Solutions
- Services

Network Transformation Market split by Integrant, can be divided into:
SDN and NFV
- Software
- Physical Appliances
C-Ran
- Centralization
- Virtualization
Network Automation
5G Networks

Network Transformation Market split by Integrant, can be divided into:
Professional Services
- Deployment and Provisioning
- Consulting
- Integration
- Transformation Optimization
- Wireless Infrastructure Management

Managed Services
- Network Monetization
- Network Management
- Network Testing
- Network Audit

Network Transformation Market split by Application, can be divided into:
- Manufacturing
- Information Technology
- Telecom
- Media and Entertainment
- Energy and Utilities
- Others

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Further key findings from the report suggest:
- The Global Network Transformation Market is estimated to grow from USD 6.01 Billion in 2019 to USD
66.86 Billion by 2026, at a CAGR of 61.9%. The primary factors attributing to the growth of the market
are the extensive demand for bandwidth requirement, the rising trend of Bring Your Own Device (BYOD)
policy, rise in deployment of IT as a service (ITaaS) and virtualization, and the partnership among
market players for the development and promotion of enhanced networking systems.
- On the basis of integrant (solutions and services), organization sizes, verticals, and regions.
Solutions segment is further segmented into Software Defined Networking (SDN) and Network Functions
Virtualization (NFV), Network Automation and C-RAN.
- The NFV and SDN solution segment is expected to hold the largest market with revenue of USD 4.8
Billion in 2026, at a CAGR of 69% from 2019-2026. SDN changes the Wide Area Network (WAN) design by
de-coupling the control and data planes, abstracting applications and centralizing network
intelligence from the underlying network infrastructure. By using SDN data centers, telecom operators
can install enhanced network programmability, automation, and control over their network. Also, SDN
enhances the scalability and flexibility of WAN which later improves the network performance and
availability.
- The network transformation market is forecasted to witness growth because of the increasing
partnerships and joint ventures among industry players for the development enhanced networking
systems; and a growing adoption rate of ITaaS, BYOD policy, and virtualization.
- North America is estimated to have revenue of USD 7.5 Billion in 2026, at a CAGR of 71% from 2019 to
2026, the largest market share in the network transformation market. Major factors responsible for the
growth in the market are increasing trend of BYOD, deployment of smart connected devices.
Organizations in the US have deployed new technology systems for upgrading the manageability and
flexibility needed for adding new network capabilities and capacity.
- Major companies in the market are Cisco (US), Juniper Networks(US), HPE (US), Huawei (China), IBM
(US), Dell EMC (US), NEC (Japan), Intel (US), Ericsson (Sweden), Samsung (South Korea), FUJITSU
(Japan), Ciena (US), Accenture (US), GENBAND (US), AT&T (US), Arista Networks (US), and 6WIND
(France).

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Network Transformation are as follows:
Historical Year: 2017
Base Year: 2018
Forecast Year 2019 to 2026

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Key Coverage of the Report:
- Region and country-wise market size of Network Transformation Market from the period 2019-2026. 2018
is the base year, and 2019-2026, is the forecast period
- Network Transformation Market by component, service, vertical, end-user, organization size (2019
-2026)
- Contributing factors for the high adaptation of Network Transformation Market
- Demand and Supply Gap Analysis
- Regional Competitors Pricing Strategy
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub-segments, and the
regional markets
- Market Trends (Drivers, Restraints, Opportunities, 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
- Value chain trends mapping the latest technological advancements

Key Points From TOC:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Network Transformations Market Segmentation & Impact Analysis
Chapter 5. Network Transformations Market By Type of Service Insights & Trends
Chapter 6. Network Transformations Market By Industry Verticals Insights & Trends
Chapter 7. Network Transformations Market By Size of Organization Insights & Trends
Chapter 8. Network Transformations Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles

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