Report ID: UCMIG50A2020
Report ID:
UCMIG50A2020 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global network transformation market was worth USD 12.91 billion in 2019 and is expected to increase at a CAGR of 41.7% between 2020 and 2027. The industry is likely to acquire traction as a result of market participants collaborating to promote and create future networking solutions. The increasing adoption of IT as a Service (ITaaS), Bring Your Own Device (BYOD) policy, and network virtualization are also anticipated to contribute to the market growth.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Alternative Carriers by segment aggregation, the contribution of the Alternative Carriers in Telecommunication Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG50A2020