Network Transformation Market to witness growth by 2028 | Drivers and Opportunities| Key player Analysis Dell EMC, Cisco Systems, Inc, Intel Corporation

Global Network Transformation Market is accounted for $26.64 billion in 2020 and is expected to reach $1,056.11 billion by 2028 growing at a CAGR of 58.4% during the forecast period. Rising adoption of IT as a service (ITaaS), growing need for the enhancement of present networking solutions, and increasing bandwidth requirement are the major factors propelling the market growth.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rapid adoption of new technologies and the development of IT infrastructure, along with improved investments in R&D projects. The implementation of cloud-based solutions and growing investments in data security among numerous companies in the region is expected to contribute to market growth. Moreover, the increasing investments in SMEs by emerging economies such as India and China are expected to further propel the market growth.

Some of the key players profiled in the Network Transformation Market include Accenture Plc, Ciena, Cisco Systems, Inc, Dell EMC, Ericsson, Fujitsu, Hewlett Packard Enterprise (HPE), Huawei Technology Co. Ltd, IBM Corporation, Intel Corporation, Juniper Networks Inc, Mavenir, NEC Corporation, Nokia Networks, and Samsung.

Enterprise Sizes Covered in Network Transformation Market
• Large Enterprise
• Small & Medium Enterprise

Components Covered:
• Service
• Solution

End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Energy & Utility
• Government
• Healthcare
• Information Technology (IT) & Telecom
• Manufacturing
• Media & Entertainment
• Retail

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