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The next-generation network (NGN) market is expected to grow from USD 21.86 billion in 2018 to USD 32.81 billion by 2023, at a CAGR of 7.0% from 2018 to 2023NEW YORK, August 29, 2018 /PRNewswire/ -- Next-generation network market to grow at a CAGR of 7.0% from 2018 to 2023 The NGN market would play an integral role in advanced technologies such as the Internet of Things (IoT) and machine-to-machine communication (M2M), and other sectors such as smart cities, as well as in industrial automation.In these areas, high-speed connectivity, with low latency is required to provide simultaneous connectivity between multiple devices, as well as to improve the overall performance of a system. This offers huge potential for NGN connectivity and related infrastructure to provide faster communication and simultaneous connection among different devices. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below: • By Company Type: Tier 1 = 20%, Tier 2 = 55%, and Tier 3 = 25% • By Designation: C-Level Executives = 50%, Directors = 25%, and Others = 25% • By Region: North America = 60%, Europe = 20%, APAC = 10%, and RoW = 10% Major players in the next-generation network market are Cisco (US), Huawei (China), ZTE (China), Ericsson (Sweden), Nokia (Finland), Juniper Network (US), NEC Corporation (Japan), Samsung Electronics (South Korea), IBM (US), Ciena Corporation (US), Hewlett Packard Enterprise (US), AT&T (US), ADTRAN (US), TELES (Germany), KPN International (Netherlands), Infradata (Netherlands), PortaOne (Canada), TelcoBridges (Canada), CommVerge Solutions (Hong Kong), and Extreme Networks (US). Research Coverage: The report defines, describes, and forecasts the NGN market based on offering, end user, application, and geography.It provides detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the NGN market. It also analyzes the competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches carried out by the key players to grow in the market. Reasons to Buy the Report: • Illustrative segmentation, analysis, and forecast pertaining to the NGN market based on offering, application, end user, and geography have been conducted to provide an overall view of the NGN market. • Major drivers, restraints, opportunities, and challenges affecting the NGN market growth have been detailed in this report. • A detailed competitive landscape of the key players in the market, along with their revenues, has been included. Read the full report: https://www.reportlinker.com/p05493873 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |