Future Market Insights
Global Next Generation Network (NGN) Equipment Market: Snapshot
The movement to adopt Next Generation Network Equipment is under discussion in ICT community for quite some time now. They are not only being discussed, there are various developments that have been reflecting the growth of global Next Generation Network Equipment in due course of time. There are number of players around the globe that are investing heavily in research and development in order to gain maximum share of the global next generation network equipment market. Some of the players have shown significant commitments and rolled out various fibers access networks or FTTx or are working on migration plans for moving to all-IP networks.
What are Next Generation Network (NGN) Equipment?
A next-generation network (NGN) is a packet-based network which offers services including telecommunication services to its customers and is able to make use of quality-of-service (QoS)-enabled transport technologies, multiple broadband, and in which service-related functions are independent from underlying transport-related technologies. Next generation network describes the evolution and migration of fixed and mobile network infrastructures including converged networks, proprietary networks and other networks based on IP. Next generation network (NGN) solutions require equipment for deployment that includes mobile backhaul equipment, metro access/aggregation, data center switches, enterprise switches and routers. The next-generation network (NGN) equipment manufacturers are focusing on designing equipment that are affordable, and offer flexible, and scalable solutions and deliver the functionality needed in the equipment.
To meet the growing demand for IP services among the consumers which consume huge amount of bandwidth with every passing day, system manufacturers are continuing to invest in next generation packet-based network elements. This factor acts as one of the prime opportunities for the (NGN) equipment designing vendors in the coming years.
Global Next Generation Network (NGN) Equipment Market: Drivers and Challenges
Rapid technological innovation is a prime factor which is driving the growth in telecommunication industry. A key innovation is transformation from circuit-based public switched telecommunication network to packet-based network using internet protocols which is known as next generation networks (NGN). This transformation includes shifting from traditional copper wire to optical fiber cables that offers high speed services. NGN offers several features to support data and voice communication services that encourages adoption of advanced services among consumers. This factor is expected to positively impact the next generation network (NGN) equipment market during the forecast period.
Global Next Generation Network (NGN) Equipment Market: Segmentation
Global next generation network (NGN) equipment market can be segmented into equipment type, enterprise type, and regions.
On the basis of equipment type, global next generation network (NGN) equipment market can be segmented into High fibre copper cables, broadband wireless access devices, broadband devices over power lines, mobile network devices and other satellite connecting devices.
On the basis of enterprise type, global next generation network (NGN) equipment market can be segmented into small enterprise, medium enterprise and large enterprise.
Global Next Generation Network (NGN) Equipment Market: Regional Outlook
On the basis of regions, global next generation network (NGN) equipment market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
North America accounts for largest market share in the global next generation network (NGN) equipment market owing to the advanced technology and easy adoption in the countries such as the U.S and majority of the equipment manufacturers located in the region. The revolution in the IT and telecommunication sectors are offering lucrative growth opportunities for regions such as Western Europe next generation network (NGN) equipment market. Asia Pacific excluding Japan is expected to have maximum potential for the revenue growth of global next generation network (NGN) equipment market during the forecast period. Latin America, Middle East and Africa, Eastern Europe are among the regions which are expected to witness positive growth during the forecast period.
Global Next Generation Network (NGN) Equipment Market: Competition Landscape
Some of the key players for next generation network (NGN) equipment market are Wipro Limited, NEC Corporation, Cisco Systems, Inc., Cupola Technology, Fujitsu., Verizon Communications, Inc., ZTE Corporation, Ericsson, Huawei Investments and Holding Co. Ltd., and Qualcomm Incorporated.
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