What Are the Predictions for the Network Transformation Market Size and Growth Rate?
The network transformation market size has seen spectacular growth in recent years. The market size is projected to escalate from $90.73 billion in 2024 to $139.37 billion in 2025, growing at a compound annual growth rate (CAGR) of 53.6%. This growth in the historical period can be attributed to factors such as legacy infrastructure, escalating bandwidth demand, security concerns, and the quest for cost reduction.
The network transformation market is anticipated to maintain this exponential growth trajectory in the coming years, reaching a whopping $789.96 billion in 2029, growing at a CAGR of 54.3%. This forecasted growth is attributed to factors like an increasing remote workforce, supply chain resilience, network automation, digital transformation, and competitive pressure. Major trends to keep an eye on are led by advancements in edge computing, artificial intelligence (AI) and machine learning, 6G and beyond, cloud adoption, and internet of things (IoT).
Get Your Free Sample of The Global Network Transformation Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6982&type=smp
What Factor is Propelling the Network Transformation Market Growth?
The increasing implementation of Bring-Your-Own-Device (BYOD) policy in organizations is propelling the growth of the network transformation market. BYOD policy allows employees to connect to the organization’s network and access necessary resources using their personal devices. Network transformation facilitates the redesign of network architecture to accommodate changes in network infrastructure with respect to employees’ devices. Research conducted by Cisco points out an increasing trend toward BYOD, as 89% of IT departments facilitate BYOD in several forms and 69% of IT leaders express positivity about BYOD. Hence, this growing adoption of BYOD policy can be expected to drive the network transformation market.
What Are the Major Segments Within the Network Transformation Market?
1) By Solutions: Network Automation, 5G Networks, SDN & NFV, C-RAN
2) By Organization Size: Small and Medium Enterprises, Large Enterprise
3) By Vertical: BFSI, Energy and Utility, Government, IT and Telecom, Manufacturing, Retail, Other Verticals
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/network-transformation-global-market-report
Who are the Leading Players in the Network Transformation Market?
The network transformation market features major players such as International Business Machines Corporation, Fujitsu Ltd., Dell EMC, Ciena Corporation, Hewlett Packard Enterprise Company, Cisco Systems Inc., Juniper Networks Inc., Huawei Technologies Co. Ltd., NEC Corporation, Intel Corporation, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Samsung Group, VMware Inc., Aryaka Networks Inc., Citrix Systems Inc., CenturyLink, Silver Peak Systems Inc., ZTE Corporation, ALE International SAS, BT Group plc, Cato Networks, Colt Technology Services Group Limited, Comarch SA, Coriant GmbH, CSG International, ECI Telecom, Infosys Limited, Fortinet Inc., Broadcom Inc., AT&T Inc., and Accenture plc.
Which Innovations Are Sculpting the Network Transformation Market Landscape?
Innovation is fuelling the network transformation market’s evolution. Major players in the market are concentrating on developing advanced solutions such as modular, scalable data centers to provide flexible and efficient data center solutions in infrastructure-limited environments. As an example, Amazon Web Services (AWS) announced in February 2023 the availability of the AWS Modular Data Center (MDC) to the U.S. Department of Defense (DoD). This innovative solution offers a self-contained, environmentally-controlled unit that hosts AWS Outposts or Snow Family devices, allowing for scalable deployments and proactive management in infrastructure-limited locations.
Which Region Is Expected To Lead The Network Transformation Market?
North America was the largest region in the network transformation market in 2024 and is also projected to be the fastest-growing region during the forecast period. The network transformation market report encompasses regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Network Transformation Market Report 2025 Offer?
The network transformation refers to the process of updating one’s core network, a step-by-step approach to reimagining the complete network, including the cloud, WAN, data centers, remote user connection, and network security architecture. The Network Transformation Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6982
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, our in-depth secondary research, and unique insights from industry leaders, equip you with the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
