The Next
generation network (NGN) equipment Market report discusses the primary market growth drivers and challenges that
the vendors and the market as a whole face and provides an overview of the key
trends emerging in the market. This study also shows about the industry size of
different segments and their growth aspects along with key leading countries in
Americas, Asia-Pacific, Europe, the Middle East, and Africa regions.
The global next generation network (NGN) equipment market is anticipated
to grow at a CAGR of over 11% over the forecast period. Increasing preference
to rising profit margin and customer satisfaction in telecom service providers
are anticipated to drive the next generation network equipment market. The
concept of NGN has been initiate and designed for traditional telecom operators
to become more than ISP and to operate with the customer needs driven model in
order to survive the challenges.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Next generation network (NGN) equipment Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Next generation network (NGN) equipment Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
These services have become popular among service providers for the
reason such as the need to deal with customer service and retention, and
integration with new IP-based frameworks. NGN provides telecom service
providers with tools that would intensify customer experience and loyalty.
Depending on the type of customer, The NGN customer terminal equipment
can be an end user terminal device, a gateway for a corporate network, a
gateway for a home network or a gateway for a vehicle LAN. NGN customer
terminal equipment will be ICT-enabled i.e. services are IT based and
connectivity CT based, but with the capability to simulate or emulate the
traditional telecom communication services.
For individuals, the customer terminal equipment comprises the end user
device or home device. For instance legacy terminals, SIP phones, soft-phones
such as a programmed phone on a PC, IP phones with text capabilities, set top
boxes, multimedia terminals, and PCs.
For an enterprise, the customer terminal equipment is a gateway which is
capable of providing the services being provided today by integrated PBX and
company webs separately. For instance, short number dialing, hunting list,
webinar, on-line exhibition.
For home networks, the customer terminal equipment comprises the home
gateway and home devices which are capable of providing the services being
provided today by telephone and home webs separately, for instance short number
dialing for each family member, and family news.
Rising demand for new advanced technology for supporting services such
as M2M and cloud is expected to propel the growth of the market over the
forecast period. Growing number of mobile subscribers are putting further
pressure on these systems; thus the network needs to be more scalable, agile,
and diversified. 5G will empower new business opportunities by adopting diverse
ecosystems in all dimensions.
Telecom service industry depends mostly on NGN equipment’s for providing
enhanced value proposition. Telecom services providers have been investing in
these equipment’s to differentiate their service offering in heavily
competitive market and drive lucrative revenue growth.
Validation of telecom service subscribers through advanced identifiers
and hot provisioning will be major drivers for these equipment’s owing to
increasing importance of data security and privacy. Customer demand, cost
reduction, and competition are the key factors driving telecom sector to
evaluate their business support system-operation support system gap and
increase their spending to close it.
Increasing requirement of service quality improvement, service offering
expansion, and faster market time for telecom service market might shape the
necessity for these systems over the forecast period. Growing adoption of
convergent billing systems, rising demand for customer care services, and fast
growing telecom industry are among the key factors expected to drive global
next generation network equipment market.
Most crucial challenge confronting telecom operators is optimization of
these processes, platforms, and systems. Difficulties in integration of legacy
systems with these advanced systems and the regulatory issues may hamper market
growth over the forecast period. Operations support systems offer assurance,
service fulfillment, and network monitoring & design.
Business support systems can be further sub-segmented into order
management, revenue management, product management, and customer management.
Service assurance and service fulfillment solutions are anticipated to NGN
equipment market.
Geographically, the global new generation network equipment market is
segmented into North America, Asia Pacific, Latin America, Middle East and
Africa, and Europe. Asia Pacific is expected to be key growth region over the
forecast period owing to existence of large customer base and evolving telecom
industry. Middle East & Africa and Latin America are also anticipated to
witness substantial growth over the forecast period.
The key market players dominating the global market for next generation
network equipment include Alcatel Lucent S.A., Huawei, Hewlett-Packard Company,
Formula Telecom Solutions, AT&T Inc., Amdocs, Cisco System, Cerillion,
Elitecore Technologies, and comptel, while other prominent players include ZTE,
WebNMS, Tech Mahindra Limited, IBM Corporation, Oracle Corporation, OpenCloud,
Mycom, Tata Consultancy Services Limited, and LohNet Systems.
Mergers, acquisitions, and strategic alliances are the key strategies by
top market players to boost their service offerings. Vendors also emphasis on
providing niche services and have strong support teams in order to sustain
their market shares.
In 2014, Huawei, Ericsson and Nokia Siemens & Network formed a
strategic alliance to offer OSS interoperability, which will help operators
reduce costs. In 2013, Ericsson acquired Telcocell and Thailand-based TelOSS
consulting, while Amdoc acquired Celicite to increase its product portfolio
further into network software market.
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