Next Generation Network Market
Next Generation Network Market Size, Share & Trends Analysis Report by Offering, Software (Software-defined Network (SDN) and Network Function Virtualization (NFV)), Hardware, (Router, Switch and Gateway), Services (Consulting Services, Integration Services and Managed Services), by Application (Internet Video, Internet Protocol Television (IPTV) and Video on Demand, and File Sharing, Gaming, and Web Data), and by End Users (Telecom Service Provider, Internet Service Provider and Government), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Next generation network market is anticipated to grow at a CAGR of 12.5% during the forecast period (2023-2030). A next-generation network (NGN) is a packet-based network that can provide services including telecommunication services and can use multiple broadbands, and quality-of-service-enabled transport technologies. The growing adoption of next generation network with the improving software-defined Network (SDN) is the key factor supporting the growth of the market globally. Traditional wide area networking requires dedicated, proprietary vendor hardware to be installed at each customer site. New managed service is based on generic hardware capable of supporting a choice of software-based networking solutions from different vendors. Hence, the market players are also focusing on introducing software defined network services solutions that further bolster the market growth. For instance, in November 2020, BT Solution launched a new generation of cloud-optimised managed network services to expand multinational customers’ choice of software-based connectivity solutions. This gives customers a single view of their entire network and a choice of management controls.
Global Internet Users by Geographic Region, in June 2022 ( Million of Users)
Source: Internet World Stats
Segmental Outlook
The global next generation network market is segmented on the offering, application, and end users. Based on the offering, the market is sub-segmented into software, (software-defined network (SDN) and network function virtualization (NFV), hardware (router, switch, gateway) services (consulting services, integration services and managed services). Based on the application, the market is sub-segmented into internet video, internet protocol television (IPTV) and video on demand, and file sharing, gaming, and web data. Further, on the basis of end users, the market is sub-segmented into telecom service provider, internet service provider and government. Among the offerings, the software sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of 6G and 5G technologies in software-defined networks and network function virtualization, IoT networks, edge computing, fog computing, multimedia, cloud and IoT collaborations, and wireless sensor networks.
The Internet Service Provider Sub-Segment is Anticipated to Hold a Considerable Share of the Global Next Generation Network Market
Among the end users, the internet service provider sub-segment is expected to hold a considerable share of the global next-generation network market. The segmental growth is attributed to the growing influence of the packet-based network that is able to provide telecommunication services and able to make use of multiple broadband, QoS-enabled transport technologies. Market players brought together hundreds of executives and technical experts from the Internet Service Provider (ISP) industry to discuss all-optical networks, digital transformation, and green solutions, aiming to create a smarter, greener, and more resilient Internet infrastructure. For instance, in April 2023, Huawei Technologies Co., Ltd. launched its next-generation Internet network infrastructure products and solutions, including Huawei FTTR OptiXstar F30, a full series of 400G OTN solutions, the industry's first commercial 50G PON solution, and NetEngine 8000 F8.
Regional Outlook
The global next generation network market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the increasing requirements for service quality improvement, service offering expansion, and faster market time for the telecom service. The key market player include AsiaInfo Technologies Ltd., China Telecom, NTT Docomo, SoftBank Corp., Telstra Group Ltd., ZTE Corp. and others.
Global Next Generation Network Market Growth, by Region 2023-2030
The North America Region is Expected to Grow at a Significant CAGR in the Global Next Generation Network Market
Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to rising demand for customer care services, and the fast-growing telecom industry are among the key factors expected to drive the global next-generation network in the region. The rising demand for new advanced technology for supporting services such as M2M and cloud is propel next-generation network market growth.
Furthermore, services have become popular among service providers on account of the growing need to deal with customer service and retention, and integration with new IP-based frameworks. Next generation network has been offering telecom service providers tools that are expected to intensify customer experience and loyalty.
Digital era, enterprises operate within a competitive environment and rely on technology for differentiation. For instance, in February 2023, Qualcomm Technologies, Inc. collaborated with American Tower aiming to advance network architecture and accelerate near-edge applications. Powered by Qualcomm Technologies’ next-generation capabilities in the connected intelligent edge and American Tower’s leading tower portfolio and data centre assets. The key market player include AT&T, Cisco Systems, Inc., Comcast Corp., Fortinet, Lumen Technologies, T-Mobile US, Verizon Communications and others.
Market Players Outlook
The major companies serving the next generation network market include Arista Networks Inc., Cisco Systems, Inc., Fortinet, Juniper Networks, Inc., Nokia Corp., Palo Alto Networks, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2023, LG U+, under the leadership of CEO, Hyeon Sik Hwang, has forged a collaborative alliance with the Korea Advanced Institute of Science and Technology (KAIST) and Qunova Computing to propel the development of a innovative 6G low-earth orbit (LEO) satellite network.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global next generation network market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Arista Networks Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cisco Systems, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Juniper Networks, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Next Generation Network Market by Offering
4.1.1. Software
4.1.1.1. Software-Defined Network (SDN)
4.1.1.2. Network Function Virtualization (NFV)
4.1.2. Hardware
4.1.2.1. Router
4.1.2.2. Switch
4.1.2.3. Gateway
4.1.3. Service
4.1.3.1. Consulting Services
4.1.3.2. Integration Services
4.1.3.3. Managed Services
4.2. Global Next Generation Network Market by Application
4.2.1. Internet Video
4.2.2. Internet Protocol Television (IPTV) and Video on Demand
4.2.3. File Sharing, Gaming, and Web Data
4.3. Global Next Generation Network Market by End Users
4.3.1. Telecom Service Provider
4.3.2. Internet Service Provider
4.3.3. Government
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ALE International SAS
6.2. Avaya LLC
6.3. Check Point Software Technologies Ltd.
6.4. Ciena Corp.
6.5. Citrix Systems, Inc.
6.6. Dell EMC Storage Corp.
6.7. Ericsson
6.8. Extreme Networks, Inc.
6.9. F5, Inc.
6.10. Fortinet
6.11. Hewlett Packard Enterprise Development LP
6.12. Huawei Technologies Co., Ltd.
6.13. IBM Corp.
6.14. Nokia Corp.
6.15. Palo Alto Networks, Inc.
6.16. Riverbed Technology LLC
6.17. VMware Inc.
6.18. ZTE Corp.
1. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY OFFERING, 2022-2030 ($ MILLION)
2. GLOBAL SOFTWARE FOR NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
3. GLOBAL SOFTWARE-DEFINED NETWORK (SDN) FOR NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
4. GLOBAL NETWORK FUNCTION VIRTUALIZATION (NFV) FOR NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
5. GLOBAL HARDWARE IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
6. GLOBAL ROUTER IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
7. GLOBAL SWITCH IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
8. GLOBAL GATEWAY IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
9. GLOBAL NEXT GENERATION NETWORK FOR SERVICES MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
10. GLOBAL NEXT GENERATION NETWORK FOR CONSULTING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
11. GLOBAL NEXT GENERATION NETWORK FOR INTEGRATION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
12. GLOBAL NEXT GENERATION NETWORK FOR MANAGED SERVICES MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
13. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
14. GLOBAL NEXT GENERATION NETWORK IN INTERNET VIDEO MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
15. GLOBAL NEXT GENERATION NETWORK IN INTERNET PROTOCOL TELEVISION (IPTV) AND VIDEO ON DEMAND MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
16. GLOBAL NEXT GENERATION NETWORK IN FILE SHARING, GAMING, AND WEB DATA MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
17. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY END USERS, 2022-2030 ($ MILLION)
18. GLOBAL NEXT GENERATION NETWORK FOR TELECOM SERVICE PROVIDER MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
19. GLOBAL NEXT GENERATION NETWORK FOR INTERNET SERVICE PROVIDER MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
20. GLOBAL NEXT GENERATION NETWORK FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
21. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
22. NORTH AMERICAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. NORTH AMERICAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY OFFERING, 2022-2030 ($ MILLION)
24. NORTH AMERICAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
25. NORTH AMERICAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY END USERS, 2022-2030 ($ MILLION)
26. EUROPEAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. EUROPEAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY OFFERING, 2022-2030 ($ MILLION)
28. EUROPEAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
29. EUROPEAN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY END USERS, 2022-2030 ($ MILLION)
30. ASIA- PACIFIC NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. ASIA- PACIFIC NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY OFFERING, 2022-2030 ($ MILLION)
32. ASIA- PACIFIC NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
33. ASIA- PACIFIC NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY END USERS, 2022-2030 ($ MILLION)
34. REST OF THE WORLD NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
35. REST OF THE WORLD NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY OFFERING, 2022-2030 ($ MILLION)
36. REST OF THE WORLD NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
37. REST OF THE WORLD NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY END USERS, 2022-2030 ($ MILLION)
1. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY OFFERING, 2022 VS 2030 (%)
2. GLOBAL SOFTWARE FOR NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL SOFTWARE-DEFINED NETWORK (SDN) FOR NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL NETWORK FUNCTION VIRTUALIZATION (NFV) FOR NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
5. GLOBAL HARDWARE IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL ROUTER IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
7. GLOBAL SWITCH IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL GATEWAY IN NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
9. GLOBAL NEXT GENERATION NETWORK FOR SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
10. GLOBAL NEXT GENERATION NETWORK FOR CONSULTING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
11. GLOBAL NEXT GENERATION NETWORK FOR INTEGRATION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
12. GLOBAL NEXT GENERATION NETWORK FOR MANAGED SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
13. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022 VS 2030 (%)
14. GLOBAL NEXT GENERATION NETWORK IN INTERNET VIDEO MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
15. GLOBAL NEXT GENERATION NETWORK IN INTERNET PROTOCOL TELEVISION (IPTV) AND VIDEO ON DEMAND MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
16. GLOBAL NEXT GENERATION NETWORK IN FILE SHARING, GAMING, AND WEB DATA MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
17. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY END USERS, 2022 VS 2030 (%)
18. GLOBAL NEXT GENERATION NETWORK FOR TELECOM SERVICE PROVIDER MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
19. GLOBAL NEXT GENERATION NETWORK FOR INTERNET SERVICE PROVIDER MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
20. GLOBAL NEXT GENERATION NETWORK FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
21. GLOBAL NEXT GENERATION NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
22. US NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
23. CANADA NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
24. UK NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
25. FRANCE NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
26. GERMANY NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
27. ITALY NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
28. SPAIN NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF EUROPE NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
30. INDIA NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
31. CHINA NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
32. JAPAN NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
33. SOUTH KOREA NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF ASIA-PACIFIC NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD NEXT GENERATION NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
