Network Transformation Market Forecast at USD 1116.32 Bn by 2030, Key Players Include Juniper and IB
The Network Transformation Market is poised for remarkable growth, with its value projected to reach USD 1116.32 billion by 2030. This anticipated expansion reflects a robust compound annual growth rate (CAGR) of 41.7% over the forecast period. Key factors driving this growth include the increasing adoption of advanced networking technologies, the rise of 5G deployment, and the need for enhanced network agility and efficiency. Additionally, the growing demand for cloud-based services and the digital transformation initiatives across various industries are further propelling the market. These advancements are revolutionizing how networks are designed, deployed, and managed, leading to significant improvements in performance and scalability.
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