What is Network Transformation? The development of next-generation networking solutions

The development of next-generation networking solutions, the increase in bandwidth requirement, and the improvement of the present networking solutions are some of the significant factors driving the growth of the network transformation market. Moreover, there is also an increasing popularity of the BYOD (bring your own device adoption) which is anticipated to boost the overall growth of the network transformation market.

The network transformation offers a platform for businesses to update their infrastructure when it comes to information technology. The network transformation allows users to provide aid in cloud-controlled applications and assist in delivering large amounts of data in more efficient manner and a less costly as compared to conventional processes. Such modernization of data management enables for information to less usage of energy and much faster data processing.

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Some of the key players influencing the market are

Cisco Systems, Inc., FUJITSU, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., IBM, Intel Corporation, Juniper Networks, Inc., NEC Corporation, SAMSUNG, Telefonaktiebolaget LM Ericsson

The reports cover key developments in the network transformation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations.