The global telecom network market is expected to show substantial growth over the forecasted period owing to growing demand for telecom services. Increasing deployment of telecom infrastructure such as 4G and LTE is expected to propel market growth. Additionally, increased focus of telecom services provider in remote market worldwide is expected to further fuel the demand of telecom network equipment. Advancement in network software, specifically Network Functions Virtualization (NFV) and Software-Defined Networking (SDN) may provide market player an ability to considerably transform the telecom network market over the forecast period. These technologies are synergistic and they offer lower capital operating cost, programmability, and faster service enablement for telecom service providers. Growing demand for personalized telecom services may open opportunities for business analytic application. Package applications offering both network supports and analytics may drive market growth o
http://www.grandviewresearch.com/industry-analysis/global-telecom-network-market
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