Network Transformation Market Report Scope & Overview:

The Network Transformation Market size was valued at USD 52.79 Billion in 2023 and is expected to reach USD 877.5 Billion by 2031 and grow at a CAGR of 42.1% over the forecast period 2024-2031.

Network Transformation provides a platform for enterprises to modernize their information technology infrastructure. The network transformation enables users to assist in cloud-controlled apps and aids in the delivery of massive volumes of data at a lower cost and more efficiently than traditional methods. This upgrading of data management enables less energy and significantly faster data processing.


Network Transformation Market Revenue Analysis

Get more information on Network Transformation Market - Request Sample Report

The network transformation reconstructs the network architecture on the basis of data center-centric Information and Communication Technology (ICT) infrastructure, where information is stored, managed, and transferred, as well as business transactions and service processing. It provides a platform for organizations to upgrade their information technology infrastructure. It enables users to support a cloud-controlled environment and aids in the transportation of massive volumes of data in a more effective and cost-efficient manner than previous techniques. This type of data transformation allows users to transmit information while using a minimal amount of energy and delivers quicker data processing.



  • Rapid Growth in Bandwidth Demand.

  • Adoption of BYOD Policy is Growing.

  • Collaboration Among Industry Leaders for Next-Generation Networking Solution Development and Promotion.

  • Rise in ITaaS and Virtualization Adoption in the IT Industry.


  • Adoption of Next-Generation Networking Solutions is being hampered by security threats.

  • a lack of expertise and skills in next-generation networking solutions.


  • SME Adoption of Advanced Networking Solutions.

  • R&D Investments and Positive Results from the 5G Network Testing Phase.


  • In large network deployments, network scalability is a concern.


The COVID-19 outbreak has caused significant interruptions in day-to-day company operations across industrial verticals throughout the world. Following the outbreak, the implementation of lockdown and other mobility restrictions for several months to prevent the spread of the fatal virus had an influence on the quick alteration of the working culture. During lockdowns and movement restrictions, demand for network-based services skyrocketed. During the pandemic, the deployment of network transformation solutions and services aided enterprises across industry verticals in meeting customer needs. The growing need on networks to function in flexible working hours, work from home environments, the BYOD trend, inconsistent operating infrastructures, fast digital transformation across end-use verticals and other factors damaged network capabilities.


In 2021, SDN and NFV solutions will lead the network transformation market and account for the highest revenue share. By detaching the data planes and control, freeing applications from the original network hardware, and centralizing network intelligence, Software Defined Networking alters the Wide Area Network design. Telecom operators may improve network programmability, control, and automation by installing SDN and NFV data centers. Because 5G networks are a critical component of network transformation, they are predicted to be the fastest expanding category throughout the projection period. The majority of the world's 5G networks are now in testing and development. The route to 5G includes the joint goal of supporting various access networks that are visible to end users.

In 2021, the professional services category will lead the market and account for the lion's share of worldwide service revenue. Professional services assist enterprises in a variety of industries in improving network performance and agility. Professional services assist enterprises in developing a more secure and improved network environment that supports the enterprise's development goal while including the convergence of voice, data, and traffic. Over the projected period, the managed services category is predicted to increase at a rapid pace. Factors driving the expansion of managed services include a scarcity of trained personnel and financial restrictions, which lead organizations to use managed services. The increased emphasis on cloud deployment, more automation in IT settings, and ongoing demand for managed services among SMEs are projected to generate a pool of possibilities for managed services companies.

In 2021, the large enterprise segment led the market and had the highest revenue share. The growing number of adversities, such as cyber-attacks caused by ageing network infrastructure, could result in massive data loss, potentially affecting large enterprises. Over the projected period, the Small and Medium Enterprise (SME) category is predicted to grow at the fastest CAGR. The number of SMEs operating in rising economies like India, China, and Japan is growing. As data scalability and security improve, these SMEs are steadily integrating network transformation solutions and services to increase their business capacities.

In 2021, the IT and telecom category led the market, accounting for roughly half of total sales. The IT and telecom market is expanding as a result of enterprises' use of cutting-edge technologies such as big data and machine learning, as well as the deployment of cutting-edge networking infrastructure. Market usage in the manufacturing industry is rapidly increasing as production lines are increasingly automated to improve overall efficiency. As a result, flawless wireless communication among actuators, robots, sensors, and other equipment deployed in production facilities is now required. As a result, the manufacturing sector is predicted to increase significantly throughout the projection period.


On The Basis of Solution 

On The Basis of Service

  • Professional Service

  • Managed Service

On The Basis of Enterprise Size

  • Large Enterprise

  • Small & Medium Enterprise

On The Basis of End Use

  • BFSI

  • Energy & Utility

  • Government

  • Healthcare

  • IT & Telecom

  • Manufacturing

  • Retail

  • Others


During the forecast period, North America is expected to contribute a significant part of the network transformation solutions market. This can be linked to the region's increased use of smart connected gadgets and rising trends such as BYOD. Furthermore, increasing permissions and budgets have prompted a number of multinational companies to make significant investments in the region. Due to the rapid expansion of IT infrastructure and the region's embrace of new technologies, Asia Pacific is predicted to be the fastest expanding market. Numerous firms in the area are likely to contribute to market growth by implementing cloud-based solutions and increasing spending in data protection. Furthermore, rising investments in SMEs by emerging nations such as India and China are likely to drive the market even further.

Network Transformation Market By Region

Need any customization research on Network Transformation Market - Enquiry Now


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players are NEC Corporation, IBM, Juniper Networks Inc., Fujitsu, Cisco Systems, Inc., Dell, Ericsson, Ciena, Intel Corporation, HPE & Other Players

Dell -Company Financial Analysis

Company Landscape Analysis

Network Transformation Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 52.79 Billion
Market Size by 2031  US$ 877.5 Billion

 CAGR 42.1% From 2023 to 2030

Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Solution (5G Networks, C-RAN, Network Automation, SDN & NFV)
• by Service (Professional Service and Managed Service)
• by Enterprise Size (Large Enterprise and Small & Medium Enterprise)
• by End Use (BFSI, Energy & Utility, Government, Healthcare, IT & Telecom, Manufacturing, Retail, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles NEC Corporation, IBM, Juniper Networks Inc., Fujitsu, Cisco Systems, Inc., Dell, Ericsson, Ciena, Intel Corporation, and HPE
Key Drivers •Rapid Growth in Bandwidth Demand.
•Adoption of BYOD Policy is Growing.
Market Restraints •Adoption of Next-Generation Networking Solutions is being hampered by security threats.
•a lack of expertise and skills in next-generation networking solutions.

Frequently Asked Questions

 Ans: - The Network Transformation market is size estimated to reach USD 560.90 Bn by 2030.

Ans: - SME Adoption of Advanced Networking Solutions and R&D Investments and Positive Results from the 5G Network Testing Phase.  

Ans: - The segments covered in the Network Transformation Market report for study are on the Basis of Solution, Service, Enterprise Size, and End Use.

Ans: - During the forecast period, North America is expected to contribute a significant part of the network transformation solutions market. 

Ans: - The primary growth tactics of Network Transformation market participants include merger and acquisition, business expansion, and product launch.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis


6. Porter’s 5 forces model


7. PEST Analysis


8. Network Transformation Market Segmentation, by Solution 

8.1 5G Networks

8.2 C-RAN

8.3 Network Automation

8.4 SDN & NFV

9. Network Transformation Market Segmentation, by Service

9.1 Professional Service

9.2 Managed Service

10. Network TransformationMarket Segmentation, by Enterprise Size

10.1 Large Enterprise

10.2 Small & Medium Enterprise

11. Network Transformation Market Segmentation, by End Use

11.1 BFSI

11.2 Energy & Utility

11.3 Government

11.4 Healthcare

11.5 IT & Telecom

11.6 Manufacturing

11.7 Retail

11.8 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profiles

13.1 NEC Corporation

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 IBM

13.3 Juniper Networks Inc.

13.4 Fujitsu

13.5 Cisco Systems, Inc.

13.6 Dell

13.7 Ericsson

13.8 Ciena

13.9 Intel Corporation

13.10 HPE

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone