A new market report by Transparency Market Research (TMR) states that the global next-generation access market has been observing a tremendous increase in its valuation and is predicted to continue witnessing high growth over the next few years. The research study, titled “Next-Generation Access Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” offers a clear and detailed evaluation of this market, emphasizing on its past and present performance. The market boosters, growth barriers, key trends, opportunities, challenges, and the future potential of this market have also been examined while conducting this research.
According to the research report, the global market for next-generation access is observing a significantly high rate of growth, thanks to the rising prevalence of high definition (HD) projectors and screens and the escalating prevalence of HD media content. Going forward, the market is likely to gain substantially from the augmenting uptake of cloud based services among enterprises in the years to come. Apart from this, the increased uptake of Internet of things (IoT) is also projected to propel the worldwide market for next-generation access over the next few years, states the research report.
The global market for next-generation access can be assessed on the basis of the type of consumers, industry vertical, and the regional spread of this market. Based on the type of consumers, the market can be classified into business consumers and household consumers. As per the study, business consumers, more often, prefer Fiber to the Premise (FTTP) connection. Enterprises require extremely high bandwidth to maintain a realistic download speed for individual users, as there is a massive user base of Internet on company premises. On account of rising affordability of the next-generation access services, the uptake rate of next-generation access is significantly high among household consumers.
Based on the industry vertical, the global market can be bifurcated into the retail, healthcare, manufacturing, oil and gas, automotive, energy and mining, consumer electronics, transportation and logistics, and the other sectors. Geographically, the market can be divided into Eastern Europe, Western Europe, Latin America, the Middle East and Africa, and Asia Pacific. The report determines separate CAGR for each of the segments, including the regional markets.
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The report also presents an analysis of the competitive landscape prevalent into the global next-generation access market. Nippon Telegraph & Telephone Corp., AT&T, Deutsche Telekom AG, Gemalto NV, Vodafone Group plc, Aeris Communications Inc., China Telekom, Telefonica S.A., Verizon Wireless, and Softbank Group Corp. are some of the leading providers of next-generation access across the world, mentioned in this research study.
The prime objective of this research report is to offer a clear and thorough analysis of the global market for next-generation access to market participants, including players and stakeholders, as well as general readers, who are looking to gain insights into this market.