Global Network as a Service Market

The network automation refer to software that automates the network and security provisioning and management to maximise the network efficiency and functionality. Network automation software predicts the efficient way to map, configure, provision, and manage networks and increases the speed of application development by automating network and security provisioning management. The main types of network automation are network automation tools, SD-WAN, network virtualization, and intent-based networking. Network automation tools automatically manage, configure, test, deploy, and operate network devices. The features offered through network automation tools include network device mapping and discovery; network configuration management; network resource provisioning or capacity planning; and others. These solutions are deployed in IT & telecom, BFSI, manufacturing, healthcare, energy & utilities, education, and others, through on-premise and cloud modes. Network automation is provided in two modes: solutions and services. The network automation market research report is one of a series of new reports from The Business Research Company that provides network automation market statistics, including network automation industry global market size, regional shares, competitors with a network automation market share, detailed network automation market segments, market trends and opportunities, and any further data you may need to thrive in the network automation industry. This network automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global network automation market size grew from $6.01 billion in 2022 to $7.52 billion in 2023 at a compound annual growth rate (CAGR) of 25.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The network automation market size is expected to grow to $18.64 billion in 2027 at a CAGR of 25.5%. The increasing adoption of cloud-based services is driving the growth of the network automation market. Network automation establishes consistent infrastructure and operations while reducing labour and promoting productivity gains and operational efficiency. Cloud-based applications or tools require an automated platform for smooth deployment and operations of applications, life-cycle management, policy-based distribution, and others. For instance, according to the survey conducted by Clouds 247 Research in 2022, more than 60% of companies are planning to employ cloud computing in the next 18 months, and more than 45% of companies have shifted to cloud IT infrastructure by the time of the study. Thus, an increasing shift in companies' interests toward cloud-based services is expected to boost demand for network automation during the forecast period. NaaaS (Network Automation-as-a-Service) Cloud Vision, or Software-as-a-Service (SaaS), is the key trend gaining popularity in the network automation market. Naas is a cloud model that enables users to operate and maintain the network without owning a network operating infrastructure. Cloud Vision, or Software-as-a-Service (SaaS), is an application used to deliver a service over the internet. The companies operating in the network automation market are focusing on offering products through new business models to increase customer reach and business presence. For instance, in August 2020, Arista Networks, an American computer networking company, announced a new enterprise-grade Software-as-a-Service (SaaS) with CloudVision® platform offering, which is a fully automated domain network service that manages multi-domain networks across the client through the cloud. In April 2022, Elisa Polystar, a Sweden-based provider of telecom network automation software, acquired FRINX for an undisclosed amount. Through this acquisition, Elisa Polystar is focused on accelerating its development activities in telecom network automation software and expanding its digital services across the globe. FRINX is a Slovakia-based provider of network automation software. Major players in the network automation market are Cisco, Juniper Networks, NetBrain, Forward Networks, SolarWinds, Apstra, BlueCat, Entuity, Veriflow, Riverbed, Itential, Volta Networks, Sedona Systems, Kentik, NetYCE, Versa Networks, AppViewX, 128 Technology, and Anuta Networks. North America was the largest region in the network automation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the network automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The network automation market includes revenues earned by entities by providing software tools to provide automated network and security management to maximize network performance and efficiency by using network virtualization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global network automation market is segmented - 1) By Solution Type: Network Automation Tools, SD-WAN and Network Virtualization, Intent-based Networking 2) By Component: Solution, Services 3) By Deployment Mode: On-premises, Cloud 4) By Industry Vertical: IT & Telecom, BFSI, Manufacturing, Healthcare, Energy and Utilities, Education, Other Industry Verticals

Network engineering services refer to planning, implementing, and managing computer networks that provide in-house phone, data, video, and wireless network services. Network engineering service providers partner with consultants, telecom companies, corporations, ISPs, and others to prepare, develop, plan, and implement projects based on customer recommendations and requirements. The main services of network engineering services include network assessment, network design, and network deployment. Network assessment refers to a thorough examination of the present IT infrastructure that presents an overview of the current environment and offers changes such as network consolidation, simplicity, or automation. Small, medium and large enterprises use both wired and wireless network engineering services for their daily operational activities. The industries utilizing network engineering services include banking, financial services & insurance, telecom, information technology, healthcare, education, media & entertainment, energy & utilities, manufacturing, and other sectors. The network engineering services market research report is one of a series of new reports from The Business Research Company that provides network engineering services market statistics, including network engineering services industry global market size, regional shares, competitors with a network engineering services market share, detailed network engineering services market segments, market trends and opportunities, and any further data you may need to thrive in the network engineering services industry. This network engineering services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global network engineering services market size grew from $50.06 billion in 2022 to $55.76 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The network engineering services market size is expected to grow to $80.49 billion in 2027 at a CAGR of 9.6%. The increased adoption of broadband will propel the growth of the network engineering services market. Broadband attributes to high-speed internet connectivity that is always quicker than typical dial-up access. It enables high-quality and rapid access to information, teleconferencing, data transfer, and other functions in various settings, including healthcare, education, and technical development. Network engineering services create a balance between security and the rising need for computing that is fast, more effective, and more adaptable. Due to COVID-19 restrictive containment measures involving social distancing, remote working, and the closure of commercial activities, companies have rearranged their operations to initiate remote working that increased the adoption of broadband. According to the Organisation for Economic Cooperation and Development (OECD), the demand for broadband communication services has skyrocketed since the COVID-19 crisis. Some providers reported a 60% increase in Internet traffic after the crisis. Therefore, the increase in the adoption of broadband is expected to boost demand for network engineering services during the forecast period. Strategic Partnership is a key trend gaining popularity in the network engineering market. The companies operating in the network engineering services market are focusing on entering into a strategic partnership with relevant technology players to expand into new markets and leverage each other's resources. In June 2021, L&T Technology Services Limited, an India-based engineering services company, entered into a partnership with Mavenir to deliver end-to-end 5G automation services. Mavenir is a US-based telecommunications software company creating the future network with cloud-native software that operates on any cloud. In October 2021, Accenture, an Ireland-based information technology company with leading digital, cloud, and security capabilities, acquired Umlaut for an undisclosed amount. Through this acquisition, Accenture will scale its network engineering skills to assist firms in using digital technologies such as cloud, artificial intelligence, and 5G to alter how they design, create, and produce their products while embedding sustainability. Umlaut is a Germany-based full-service company that provides advice and network engineering services to customers across the globe. Major players in the network engineering services market are Accenture, Ericsson, Huawei, Juniper Networks, IBM Corporation, Cisco Systems, Aviat Networks, Tech Mahindra, Mphasis Ltd., Cyient, Nexius, CHR Solutions, Datavision, CSS Corp, and Codetrue. North America was the largest region in the network engineering services market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the network engineering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the network engineering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The network engineering services market includes revenues earned by entities by organizing computer networks that provide internal phone, data, video, and wireless network services. These networks are planned, put into place, and managed. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global network engineering services market is segmented - 1) By Service Type: Network Assessment, Network Design, Network Deployment 2) By Transmission Mode: Wired, Wireless 3) By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs) 4) By Industry Vertical: Banking, Financial Services, and Insurance (BFSI), Telecom, Information Technology, Healthcare, Education, Media and Entertainment, Energy and Utilities, Manufacturing, Other Industry Verticals

The network transformation refer to the process of updating one's core network. Network transformation is a step-by-step approach to reimagining the complete network, including the cloud, WAN, branch, data centers, remote user connection, and network security architecture. The main solutions provided in the network transformation include network automation, 5G networks, SDN & NFV, and C-RAN. Network automation refers to the process of automating the configuration, management, testing, installation, and administration of physical and virtual network equipment. These components are provided to small and medium enterprises, and large enterprises in industries ranging from BFSI, energy and utility, government, IT and Telecom, manufacturing, and retail sectors. The network transformation market research report is one of a series of new reports from The Business Research Company that provides network transformation market statistics, including Network transformation industry global market size, regional shares, competitors with a network transformation market share, detailed network transformation market segments, market trends and opportunities, and any further data you may need to thrive in the network transformation industry. This network transformation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global network transformation market size grew from $38.85 billion in 2022 to $59.89 billion in 2023 at a compound annual growth rate (CAGR) of 54.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The network transformation market size is expected to grow to $346.65 billion in 2027 at a CAGR of 55.1%. The growing adoption of bring your own device (BYOD) policy in companies is expected to propel the growth of the network transformation market. BYOD policy is when employees connect to the organization's network and access what they need to complete their tasks using their personal devices such as smartphones, tablets, computers, laptops, and others. Network transformation helps reconstruct network architecture when companies want to change their network infrastructure based on employees' devices. According to Cisco, 89% of IT departments enable BYOD in some form and 69% of IT leaders are positive about BYOD. Therefore the growing adoption of BYOD policy in companies is expected to drive the network transformation market. Adoption of artificial intelligence (AI) is a key trend in the network transformation market. Next-generation cloud networks are vital for growth, and digitally modernizing the network infrastructure to become more open, frictionless, and efficient is critical for retaining that growth. As data and networks become more commercialized, telecommunications companies seek ways to save money and innovate wherever feasible. Telecommunications operators are using AI to study and forecast network disruptions before they occur, reducing response times and interruptions in service. In February 2020, Ericsson, a US-based telecommunication company, launched two new artificial intelligence (AI)-powered services to its network services portfolio-Network Intelligence and Omni Network Channel, allowing communications service providers to secure always-on networks and create optimal user experiences. In January 2022, NEC Corporation, a Japan-based information technology company that supplies Open RAN, end-to-end Open 5G solutions, and system integration skills, acquired Blue Danube Systems. This acquisition broadens NEC's customer service expertise and assets in North America, as well as the breadth of its Open RAN solutions offering to meet customers' requirements and desires. Blue Danube Systems is a US-based company that creates wireless technologies for mobile networks and other applications. It introduces 5G beamforming to today's networks, significantly boosting network capacity and end-user experience. Major players in the network transformation market are IBM Corp, Fujitsu Ltd., Dell EMC, Ciena Corp, Hewlett Packard Enterprise Co, NEC Corp, Juniper Networks Inc., Cisco Systems Inc., Ericsson, Intel Corp, Accenture, GENBAND, AT&T, Mavenir Systems, Ribbon Communication, and Wipro Limited. North America was the largest region in the network transformation market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the network transformation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the network transformation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The network transformation market includes revenues earned by entities by providing various solutions and services to enhance the newtowk architecture such as system integration, staging, and deployment, VNF migration, network designing, component development, and product & engineering solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global network transformation market is segmented - 1) By Solutions: Network Automation, 5G Networks, SDN & NFV, C-RAN 2) By Organization Size: Small and Medium Enterprizes, Large Enterprize 3) By Vertical: BFSI, Energy and Utility, Government, IT and Telecom, Manufacturing, Retail, Other Verticals

Lawful interception refers to legally sanctioned surveillance of communication between individuals by law enforcement agencies through phone, email, and other electronic means of tapping. In lawful interception, the service provider provides law enforcement officials with intercepted communications of private individuals or organizations. The main types of devices in lawful interception are mediation devices, routers, intercept access points (IAP), gateways, switches, management servers, and others. The mediation device allows two different devices to interconnect through it by offering such services as protocol conversion and mediation. The mediation devices are used to provide the interface to set up and provision the lawful intercept. The various network technology used a voice-over-internet protocol (VOIP), long-term evolution (LTE), wireless local area network (WLAN), worldwide interoperability for microwave Access (WiMAX), digital subscriber line (DSL), public switched telephone network (PSTN), integrated services for the digital network (ISDN) and others. The different communication content includes voice communication, video, text messaging, facsimile, digital pictures, and file transfer. The lawful interception end users are lawful enforcement agencies and the government. The lawful interception market research report is one of a series of new reports from The Business Research Company that provides lawful interception market statistics, including the lawful interception industry global market size, regional shares, competitors with a lawful interception market share, detailed lawful interception market segments, market trends and opportunities, and any further data you may need to thrive in the lawful interception industry. This lawful interception market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global lawful interception market size grew from $3.57 billion in 2022 to $4.34 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The lawful interception market size is expected to grow to $9.54 billion in 2027 at a CAGR of 21.7%. The increase in cybercrimes are expected to propel the growth of the lawful interception market. Cybercrimes are defined as the increasing number of cyber-attacks through social media, the internet, and hacking software. The increased cybercrimes are responsible for the growth of lawful interceptions as it is a key tool for identifying crimes. For instance, according to the Legal jobs portal, Data breaches exposed over 4 billion records and doubled to 9.6 billion by the end of the year it involves 28% of the malware 52% of hacking, and 26% of cybercrimes by intentions traced to espionage and other such reasons. Therefore, increasing cybercrimes drive the lawful interception market. The deployment of 5G networks is a key trend gaining popularity in the lawful interception market. 5G networks emerged as a vital technology that is being used by various industries. 5G is helpful in lawful interception by providing virtualization and containerization, triggering, security, and standardized X-interfaces. For instance, 5G networks are expected to cover one-third of the world’s population and also account for 1.2 billion connections by 2025. Therefore, the deployment of 5G networks is an emerging trend in the lawful interception market. In November 2021, SS8 networks, a US-based company operating in the lawful interception, lawful intelligence, and monitoring center platforms partnered with Ocient. This partnership enables limitless scale analytics while delivering a low cost of ownership and can LEAs can leverage full-resolution data sets with typically one-fifth of the storage footprint of copy-based data management solutions and the customers benefit from efficient deployment and simplicity with SS8. Ocient is a US-based company operating in a lawful interception. Major players in the lawful interception market are Utimaco, Vocal Technologies, AQSACOM, Verint, BAE Systems, SS8 Networks., Signalogic, IPS S.P.A., Tracespan, Accuris Networks, EVE Compliancy Solutions, Squire Technologies, Incognito Software, Incognito Software, Net Optics, and Ixia. North America was the largest region in the lawful interception market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lawful interception market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lawful interception market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The lawful interception market consists of revenues earned by entities that are engaged in providing services such as authentication, virtual networks, local area networks, the internet of things, telecommunication, law enforcement, and networking function. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global lawful interception market is segmented - 1) By Device: Mediation Devices, Routers,Intercept Access Point (IAP),Gateways,Switches, Management Servers, Other Devices 2) By Network Technology: Voice-Over-Internet Protocol (VoIP), Long Term Evolution (LTE), Wireless Local Area Network (WLAN),Worldwide Interoperability for Microwave Access (WiMAX),Digital Subscriber Line (DSL),Public Switched Telephone Network (PSTN), Integrated Services for Digital Network (ISDN), Other Network Technologies 3) By Communication Content: Voice Communication, Video,By End User: Lawful Enforcement Agencies, Government, Text Messaging, Facsimile,Digital Pictures, File Transfer 4) By End User: Lawful Enforcement Agencies, Government

The virtual private network (VPN) is an encrypted connection over the internet from a device to a network. The encrypted connection helps in the secure transmission of sensitive data, protects against unauthorized traffic monitoring, and allows the user to work remotely. The virtual private network gives users private internet access, web security, and global remote access for multinational corporations, large corporations, and electronic devices. The main types of virtual private network are IP VPN, cloud VPN, mobile VPN, and multiprotocol label switching (MPLS). IP VPN stands for internet protocol virtual private network, which uses a private connection to each remote site to avoid using the public internet. The various types of components in virtual private network are solution and services. The different connectivity types include site-to-site, remote access, extranet and is deployed in different modes such as cloud and on-premise. Virtual private network is implemented in several vertical such as BFSI, manufacturing, healthcare, telecom and IT, government and others. The virtual private network (VPN) market research report is one of a series of new reports from The Business Research Company that provides virtual private network (VPN) market statistics, including virtual private network (VPN) industry global market size, regional shares, competitors with a virtual private network (VPN) market share, detailed virtual private network (VPN) market segments, market trends and opportunities, and any further data you may need to thrive in the virtual private network (VPN) industry. This virtual private network (VPN) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global virtual private network (VPN) market size grew from $45.72 billion in 2022 to $54.00 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The virtual private network (VPN) market size is expected to grow to $109.17 billion in 2027 at a CAGR of 19.2%. The increase in cyberattacks is expected to drive the growth of the virtual private network market in the coming years. Cyberattacks have been ranked as the fifth most important threat in 2020 and are expected to become the new norm in both the public and commercial sectors. Additionally, cyberattacks are anticipated to develop even more in 2021, with IoT cyberattacks alone projected to double by 2025. VPN technologies are being adopted by major corporations as they securely transfer data and reduce the risk of cyberattacks. For instance, according to the World Economic Forum’s 2020 Global Risk Report, cybercrime has increased 600% as a result of the COVID-19 outbreak, encompassing everything from theft and embezzlement to data hacking and destruction. Therefore, the rising cyberattacks propels the growth of the virtual private network market. Growing technological advancements are gaining the popularity in the virtual private network (VPN) market. The virtual private network providers are increasing investments in VPN technologies to provide fast and uninterrupted internet connectivity and remote accessibility. For instance, in 2020, Microsoft Corporation, a US-based technology company has integrated advanced features in its VPN Gateway. This Microsoft Azure VPN Gateway connects the user's surrounding networks via site-to-site VPNs, similar to how the user connects to a remote branch office. In operating systems such as Linux and Windows, this feature allows an end-user from a remote location to maintain user profiles in the central database. In September 2021, Kape Technologies, a UK-based cybersecurity company, acquired Express VPN service from Express VPN International Ltd for a $936 million. The acquisition will broaden Kape Technologies' footprint into commercial digital privacy and also increases its customer base from 3 million to 6 million. Express VPN International Ltd. is a British Virgin Islands-based VPN service provider. Major players in the virtual private network (VPN) market are Check Point Software Technologies, Cisco Systems, Golden Frog, Juniper Networks, Microsoft Corporation, Safer Social Ltd., Avast, Citrix Systems, Columbitech, Google, IBM Corporation, NetMotion Software, WatchGuard Technologies, Array Networks, NCP Engineering, BlackBerry, Smith Micro Software, and GZ Systems Ltd. North America was the largest region in the virtual private network market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual private network (VPN) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the virtual private network (VPN) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The virtual private network (VPN) market includes revenues earned by entities by providing software and solutions which allow organizations to securely extend their private intranet over the existing framework of the public network using authentication methods and encryption algorithms to securely transfer data between the two endpoints of its connection. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global virtual private network (VPN) market is segmented - 1) By Type: IP VPN, Mobile VPN, Cloud VPN, Multiprotocol Label Switching (MPLS) 2) By Component: Solution, Services 3) By Connectivity: Site-To-Site, Remote Access, Extranet 4) By Deployment: Cloud, On-Premise 5) By End-User: BFSI, Manufacturing, Healthcare, Telecom And IT, Government, Other End Users

The wireless sensor network refer to a wireless system with wireless infrastructure deployed in a large number across various verticals. It is a network of small devices called sensors that communicate wirelessly among themselves in an ad-hoc manner. Wireless sensor networks can monitor the system and physical or environmental conditions. It is a spatially distributed sensor network that sends information to the sink node, then transfers it to the end-user. The main components in the wireless sensor network market are hardware, software and services. The wireless sensor network hardware refer to physical components used in a wireless sensor network. The hardware components of a wireless sensor network include a processing unit, a transceiver unit, a sensing unit, and a power unit. These components work together to perform the desired action. The various types of sensors include ambient light sensors, motion and position sensors, temperature sensors, heart rate sensors, pressure sensors, IMUS (6-axis, 9-axis), accelerometers (3-axis), blood glucose sensors, image sensors, humidity sensors, carbon monoxide sensors, blood oxygen sensors, flow sensors, level sensors, chemical sensors, ECG sensors and others (MRR, ultrasonic sensors, vehicle detection sensors, pedestrian presence sensors, speed sensors, soil moisture sensors). The different wireless sensor network connectivity type include WI-FI, Bluetooth, Bluetooth/WLAN, cellular network, GPS/GNSS module, Bluetooth smart/BLE, Zigbee, NFC, WHART, ISA100 and ANT+. The end-users for wireless sensor networks include building automation, wearable devices, healthcare, industrial, automotive and transportation, oil and gas, retail, agriculture, aerospace and defense and BFSI. The wireless sensor network market research report is one of a series of new reports from The Business Research Company that provides wireless sensor network market statistics, including wireless sensor network industry global market size, regional shares, competitors with a wireless sensor network market share, detailed wireless sensor network market segments, market trends and opportunities, and any further data you may need to thrive in the wireless sensor network industry. This wireless sensor network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global wireless sensor network market size grew from $75.54 billion in 2022 to $88.76 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The wireless sensor network market size is expected to grow to $172.14 billion in 2027 at a CAGR of 18.0%. The increasing demand for smart consumer devices is expected to propel the growth of the wireless sensor network market. The demand for smart consumer devices is growing due to comfort, convenience, ease of use, automation, affordability, security, and other reasons that make people’s lives better. This increasing demand for smart consumer devices will create demand for the wireless sensor network as it is one of the technologies used to make consumer devices smart and intelligent by using IoT and automation. The wireless sensor networks address needs such as remote home monitoring and the general public's growing concern about safety, security, and convenience. For instance, according to a survey by Oberlo, a Lithuania-based software company, in 2022, nearly 57.4 million US households are actively using smart home devices, which is a 6.7% increase than in 2021, during which 53.8 million households were using smart home devices. Thus, the increasing demand for smart consumer devices will drive the growth of the wireless sensor network market. Innovation in sensor technologies is a key trend gaining popularity in the wireless sensor network market. The use of sensor proliferation, sensor fusion, magnetic, radar, and Bluetooth technologies along with artificial intelligence (AI) continues to accelerate innovation as it improves IoT security, and sensor proximity making it safer to transmit critical data. This improves remote operation capabilities while incorporating sensors into devices to reduce costs and improve performance. Major companies operating in the wireless sensor network market are focused on providing innovative wireless sensors to strengthen their market position. For instance, In September 2020, Eleven-X, a Canadian information technology company specializing in wireless technology and connectivity, introduced its innovative, wireless, real-time smart parking sensor, SPS-X. It uses a LoRaWAN-based (long-range wide area network) sensor with a combination of magnetic, radar, and Bluetooth technologies in addition to cloud-based AI for reliable, real-time guidance to available spaces, space usage, and time of usage information. This sensor is helpful for municipalities, campuses, and parking organizations to monitor parking occupancy and understand parking usage. In March 2020, TE Connectivity Ltd., a Swiss manufacturer of sensors and connectors acquired First Sensor AG for an undisclosed amount. With this acquisition, TE Connectivity expands its operations with optical sensing applications for heavy truck, auto, and industrial uses as well as further expand its capabilities. First Sensor AG is a German manufacturer of sensor and wireless network products across various medical, transportation, and other industries. Major players in the wireless sensor network market are ABB Ltd., Siemens AG, ST Microelectronics, NXP Semiconductors, General Electric Company, Emerson Electric Co, Analog Devices, Honeywell International Inc., Cisco Systems Inc., Texas Instruments Incorporated, TE Connectivity, Yokogawa Electric Corporation, Radiocrafts AS, Silicon Laboratories, Parker Hannifin Corp, Huawei Technologies Co Ltd., Advantech Co Ltd and Eurotech. North America was the largest region in the wireless sensor network market in 2022. The regions covered in the wireless sensor network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wireless sensor network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The wireless sensor network market consists of revenues earned by entities by providing wireless sensor network solutions and services such as target tracking, control, and monitoring, node location, synchronization, and effective routing between nodes and base stations to enhance the collection, process, and transfer of data in an organization. The market value includes the value of related goods sold by the service provider or included within the service offering. The wireless sensor network market also includes sales of sensing units, processing units, communication units, and power units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wireless sensor network market is segmented - 1) By Component: Hardware, Software, Services 2) By Sensor Type: Ambient Light Sensors, Motion And Position Sensors, Temperature Sensors, Heart Rate Sensors, Pressure Sensors, IMUs (6-Axis, 9-Axis), Accelerometers (3-Axis), Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, ECG Sensors, Other Sensor Types 3) By Connectivity Type: Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee, NFC, WHART, ISA100, ANT+ 4) By End-User Industry: Building Automation, Wearable Devices, Healthcare, Industrial, Automotive And Transportation, Oil And Gas, Retail, Agriculture, Aerospace And Defense, BFSI

Passive optical network refers to a fiber-optic network, which uses a point-to-multipoint topology and optical splitters to deliver data from a single transmission point to multiple user endpoints. The unpowered state of the fiber and splitting/combining components is referred to as passive in this context. The main components of the passive optical network include optical power splitters, optical filters, and wavelength division multiplexer/de-multiplexer. Optical power splitters are the basic parts of photonic integrated circuits (PIC). Splitters for passive optical networks (PONs) are essential in Fibre to the Home (FTTH) networks because they use a single PON network interface to be shared by several customers. The different passive optical network structures include ethernet passive optical networks (EPON), optical network terminal (ONT), optical line terminal (OLT), gigabit passive optical network (GPON), optical network terminal (ONT), an optical line terminal (OLT) for applications in residential service (FTTH), business service (Other FTTx) and mobile backhaul. The passive optical network market research report is one of a series of new reports from The Business Research Company that provides passive optical network market statistics, including passive optical network industry global market size, regional shares, competitors with a passive optical network market share, detailed passive optical network market segments, market trends and opportunities, and any further data you may need to thrive in the passive optical network industry. This passive optical network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global passive optical network market size grew from $16.88 billion in 2022 to $20.63 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The passive optical network market size is expected to grow to $38.24 billion in 2027 at a CAGR of 16.7%. Increasing penetration of telecom and internet services is driving the growth of the passive optical network market. The increasing penetration of telecom and internet services, as well as the expanding requirement for bandwidth, will drive the market. Demand for ethernet passive optical network (EPON) equipment is expected to rise as data-intensive applications such as video on demand, videoconferencing, and Voice over Internet Protocol (VoIP) become more popular. For instance, According to the IAMAI-Kantar ICUBE 2020, the number of active Internet users in India is predicted to rise from 622 million in 2020 and reach 900 million by 2025, up by 45% in the next five years. Therefore, demand for passive optical networks will rise with the increasing penetration of telecom and internet services. Companies in the passive optical network market are focusing on technological advancements to improve the speed and efficiency of networks. Companies are shifting from the existing gigabit ethernet passive optical network (GPON’s) 2.5Gbit/s and 1.25Gbit/s data rates to XGS-PON’s maximum 10Gbit/s symmetric speeds and technologies such as Next-Generation Passive Optical Network 2 (NGPON2) and 25 Gigabit Symmetrical Passive Optical Network (25GS-PON). For instance, in 2021, Nokia established the 25GS_PON MSA Group to bring together optical network operators along with leading system and component vendors, to promote and accelerate the development and deployment of 25GS-PON technology. In November 2021, a US-based telecommunications company, Verizon Communications acquired TracFone Wireless, Inc., for an undisclosed amount. With this acquisition, Verizon expands its portfolio and offers access to its industry-leading wireless network and a full suite of mobility products and services to a new customer base. TracFone Wireless, Inc., is a US-based prepaid, no-contract mobile phone provider. Major players in the passive optical network market are Sumitomo Electric Networks Inc., Verizon Communications Inc., Tellabs Inc., Freescale Semiconductor Inc., Hitachi Ltd., Mitsubishi Electric Corp., Huawei Technologies Co., Ltd., NXP Semiconductors, Nokia, ADTRAN Inc., TP-Link Technologies Co. Ltd., Sumitomo Electric Networks Inc., Broadcom Corporation Inc., and Fujitsu. North America was the largest region in the passive optical network market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the passive optical network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the passive optical network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The passive optical network market includes revenues earned by entities by providing services such as APON (ATM Passive Optical Networks), BPON (Broadband PON), EPON (Ethernet PON), GE-PON (for Gigabit Ethernet PON), GPON (Gigabit Ethernet PON). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global passive optical network market is segmented - 1) By Component: Optical Power Splitters, Optical Filters, Wavelength Division Multiplexer/De-Multiplexe 2) By Structure: Ethernet Passive Optical Networks (EPON), Optical Network Terminal (ONT), Optical Line Terminal (OLT), Gigabit Passive Optical Network (GPON), Optical Network Terminal (ONT), Optical Line Terminal (OLT) 3) By Application: Residential Service (FTTH), Business Service (Other FTTx), Mobile Backhaul

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global information technology market grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology market in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology market. The regions covered in the information technology market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology market. The regions covered in the information technology market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global information technology market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software