The Network cutting market is expected to grow from $ 14.43 billion in 2018 to $ 43.24 billion by 2026 with a CAGR of 18.3% over the forecast period. The driving factor for growth is the growing demand for fast speed and wider network coverage, acceptance of broadband networks over mobile networks.
The high growth of mobile data traffic, the increased demand for fast speed and wide network coverage and network virtualization are some of the factors that are projected to be the main drivers of market growth along with the huge demand for mobile broadband networks . The network slicing market is expected to grow rapidly with the number of Internet of Things (IoT) devices and active networks. As operators have initiated investments in advanced and new technologies to address consumer efficiency and flexibility requirements, the market will face a huge boom in the future.
In addition, the report provides the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with disruptions in the supply chain, requirements and trends and financial difficulties. The report covers the initial and future assessment of the impact of COVID-19 on the market.
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Other key findings of the report suggest:
The network cut market is expected to grow from USD 14.43 billion in 2018 to USD 43.24 billion by 2026 with a CAGR of 18.3% over the forecast period. The driving factor for growth is the growing demand for fast speed and wider network coverage, acceptance of broadband networks over mobile networks.
The high demand for broadband access via mobile networks and the growing need for fast speed and wider network coverage are the factors projected to stimulate the market. However, low 5G penetration may act as a constraint on market growth.
Based on the implementation, the market is segmented as real-time monitoring and virtualization of network functions. Virtualization of network functions is envisaged to be a faster growing type of implementation in this market due to its function of reduced energy efficiency and improved physical space.
Based on the service, the market is segmented as a professional and managed. The networking market works by cutting a physical network into several logical networks. Network slicing supports real-time application services using the same physical network. Along with cutting the network, other network resources can be efficiently allocated to logical network segments to maintain the required quality of service (QoS).
Based on the type, the market is segmented as a software-defined network and cloud radio access. The Software Defined Network (SDN) is expected to deliver the highest CAGR of 18.6%. Software-defined networks (SDNs) and network virtualization functions (NFVs) are thought to play an important role in the networking market.
Based on the region, the market is segmented to Europe, APAC, North America and Row. The North American market is the dominant global market due to the growing adoption of cloud technologies. Another reason is the creation of the largest technology companies in the world, which makes North America one of the main regions that accept the market. In addition, improved sales of smartphones and mobile devices have led to high adoption of BYOD, which in turn has led to the adoption of mobile devices in the cloud in companies.
Major players in the network for phrase phrases include Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (USA), Cisco (USA), ZTE (China), SK Telecom (South Korea), Affirmed Networks (USA) , NTT DOCOMO (Japan) and Mavenir (USA)
For the purposes of this report, the market is segmented on the basis of implementation, service, type and region:
Implementation Perspective (Revenue, Million USD; 2018-2026)
Virtualization of network functions
Outlook Service (Revenue, Millions of USD; 2018-2026)
Enter Outlook (Revenue, Millions of US Dollars; 2018-2026)
Software Defined Network (SDN)
Cloud radio access network
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Chapter 1. Synopsis of the market
1.1. Market definition
1.2. Scope of the study and room
1.4. Market valuation technique
Chapter 2. Summary
2.1. Summary photo, 2016 – 2026
Chapter 3. Macro indicators
3.1. Global need for broadband services over the mobile network
3.2. Global penetration of network virtualization technologies
3.3. Introduction of active and fast methods for networking
Chapter 4. Market segmentation and impact analysis
4.1. Network market segmentation analysis
4.2. Industrial perspective
4.3. Regulatory framework
4.4. Network market impact analysis
4.4.1. Analysis of market drivers
18.104.22.168. Growing penetration of mobile broadband services
22.214.171.124. Increased penetration of network virtualization technologies
126.96.36.199. Increased need for high speed and wide network coverage
4.4.2. Analysis of market restrictions
188.8.131.52. Less knowledge about 5G technologies
4.4.3. Priority key opportunities
184.108.40.206. Improved growth of IOT connected devices
220.127.116.11. Introduction of active and fast methods for networking
Chapter 5. Market of network cuts through implementation (Statistics and trends)
5.1. Implementation dynamics and market share, 2018 and 2026
5.2. Real-time monitoring
5.2.1. Market estimates and forecasts, 2016 – 2026 (million USD)
5.2.2. Market estimates and forecasts, by region, 2016 – 2026 (million USD)
5.3. Virtualization of network functions
5.3.1. Market estimates and forecasts, 2016 – 2026 (million USD)
5.3.2. Market estimates and forecasts, by region, 2016 – 2026 (million USD)
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COMTEX_390019752 / 2758 / 2021-07-18T23: 05: 00