MPLS-Based Core Network Trends and Forecast
The future of the global MPLS-based core network market looks promising with opportunities in the BFSI, manufacturing, government, healthcare, IT & telecommunication, and retail markets. The global MPLS-based core network market is expected to reach an estimated $74.4 billion by 2030 with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are increasing demand for dependable and economical MPLS-based core network and growing demand from various industries for safe connectivity.MPLS-Based Core Network by Segment
The study includes a forecast for the global MPLS-based core network by component, end use, and region.MPLS-Based Core Network Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- MPLS-Based Devices
- IP/MPLS Management Software
- Services
MPLS-Based Core Network Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- BFSI
- Manufacturing
- Government
- Healthcare
- IT & Telecommunications
- Retail
- Others
MPLS-Based Core Network Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of MPLS-Based Core Network Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies MPLS-based core network companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the MPLS-based core network companies profiled in this report include:
- AT&T Communications
- Cisco Systems
- Century Link
- Orange
- BT Global Services
- Sprint Nextel Corporation
- Syringa Networks
MPLS-Based Core Network Market Insights
The publisher forecasts that MPLS-based device is expected to witness the highest growth over the forecast period.Within this market, IT & telecommunication is expected to witness the highest growth over the forecast period.
North America is expected to witness the highest growth over the forecast period due to expanding spending upon cloud services and strong presence of major SD-WAN service providers in the region.
Features of the Global MPLS-Based Core Network Market
- Market Size Estimates: MPLS-based core network market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: MPLS-based core network market size by component, end use, and region in terms of value ($B).
- Regional Analysis: MPLS-based core network market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, end uses, and regions for the MPLS-based core network market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the MPLS-based core network market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the MPLS-based core network market size?Answer: The global MPLS-based core network market is expected to reach an estimated $74.4 billion by 2030.
Q2. What is the growth forecast for MPLS-based core network market?
Answer: The global MPLS-based core network market is expected to grow with a CAGR of 9.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the MPLS-based core network market?
Answer: The major drivers for this market are increasing demand for dependable and economical MPLS-based core network and growing demand from various industries for safe connectivity.
Q4. What are the major segments for MPLS-based core network market?
Answer: The future of the MPLS-based core network market looks promising with opportunities in the BFSI, manufacturing, government, healthcare, IT & telecommunication, and retail markets.
Q5. Who are the key MPLS-based core network market companies?
Answer: Some of the key MPLS-based core network companies are as follows:
- AT&T Communications
- Cisco Systems
- Century Link
- Orange
- BT Global Services
- Sprint Nextel Corporation
- Syringa Networks
Answer: The publisher forecasts that MPLS-based device is expected to witness the highest growth over the forecast period.
Q7. In MPLS-based core network market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period due to expanding spending upon cloud services and strong presence of major SD-WAN service providers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the MPLS-based core network market by component (MPLS-based devices, IP/MPLS management software, and services), end use (BFSI, manufacturing, government, healthcare, IT & telecommunications, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global MPLS-Based Core Network Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- AT&T Communications
- Cisco Systems
- Century Link
- Orange
- BT Global Services
- Sprint Nextel Corporation
- Syringa Networks
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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