Next-Generation Network Market Report 2026

Next-Generation Network Market Overview

• Next-Generation Network market size has reached to $35.41 billion in 2025 • Expected to grow to $51.84 billion in 2030 at a compound annual growth rate (CAGR) of 8% • Growth Driver: 5G Penetration Driving Growth In Next-Generation Network Market • Market Trend: Innovative Products And AI-Driven Operations • Asia-Pacific was the largest region in 2025.

What Is Covered Under Next-Generation Network Market?

A next-generation network (NGN) is a telecommunications network architecture incorporating advanced technologies and protocols to provide improved performance, flexibility, and scalability compared to traditional networks. It is designed to support various services, including voice, data, and multimedia communications, over a unified and converged network infrastructure. The main offerings of the next-generation network are software, hardware and services. Software refers to a set of instructions, programs, or data used to operate computers and execute specific tasks. The various applications involved are internet, video, file sharing and web data, IPTV and video on demand, gaming, and others, which are used for internet service providers, telecom service providers, government, and others.

What Is The Next-Generation Network Market Growth Forecast?

The next-generation network market size is expected to see strong growth in the next few years. It will grow to $51.84 billion in 2030 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to implementation of 5G and beyond networks, growth in cloud-based services, adoption of automated network management, increased demand for enterprise connectivity, integration with iot and edge computing solutions. Major trends in the forecast period include network function virtualization (nfv), software-defined networking (sdn), converged network infrastructure, network automation and orchestration, high-capacity bandwidth deployment.

Global Next-Generation Network Market Segmentation

1) By Offering: Software, Hardware, Services 2) By Application: Internet, Video, File Sharing And Web Data, IPTV And Video On Demand, Gaming, Other Applications 3) By End User: Internet Service Providers, Telecom Service Providers, Government, Other End Users Subsegments: 1) By Software: Network Management Software, Network Automation Software, Security Software, Analytics And Monitoring Software, Orchestration Software 2) By Hardware: Routers, Switches, Firewalls, Servers, Network Interface Cards (NICs), Optical Network Equipment 3) By Services: Professional Services (Consulting, Integration), Managed Services, Cloud Services, Support And Maintenance Services

What Is The Driver Of The Next-Generation Network Market?

The rising 5G penetration is expected to propel the growth of the next-generation network market going forward. 5G refers to the fifth generation of mobile network technology, offering faster data speeds, lower latency, increased capacity, and support for a wide range of applications and connected devices compared to previous generations. The penetration of 5G is due to the rising demand for high-speed connectivity, the emergence of new technologies, and competitive dynamics among telecommunications companies and mobile network operators. The rising influence of 5G technology accelerates development and deployment of next-generation networks to deliver advanced services, support emerging technologies, and drive innovation across various sectors. For instance, in September 2023, according to 5G Americas, a US-based industry trade organisation, North America had 151 million 5G connections and 496 million LTE connections in the 2nd quarter of 2023 and is expected to reach 669 million by 2028. Therefore, the rising 5G penetration is driving the next-generation network industry.

Key Players In The Global Next-Generation Network Market

Major companies operating in the next-generation network market are Samsung Electronics Co. Ltd.; Microsoft Corporation; AT&T Inc.; Huawei Technologies Co. Ltd.; IBM Corporation; Oracle Corporation; Cisco Systems Inc.; Broadcom Inc.; NEC Corporation; Nokia Corporation; ZTE Corporation; Hewlett Packard Enterprise Development LP; Juniper Networks Inc.; Ciena Corporation; Mavenir Systems Inc.; Tata Communications Limited; AsiaInfo Technologies Limited; ADTRAN Inc.; EXFO Inc.; Extreme Networks Inc.; TelcoBridges; TELES AG; KPN International B.V.

Global Next-Generation Network Market Trends and Insights

Major companies operating in the next-generation network market are focused on developing innovative products with advanced technologies, such as HPE Aruba Networking Central, to increase their profitability in the market. HPE Aruba Networking Central is crucial in enabling next-generation networks to meet the growing demands for speed, reliability, and scalability in today's digital world. For instance, in April 2023, Hewlett Packard Enterprise, a US-based information technology company, introduced HPE Aruba Networking Central. HPE Aruba Networking Central is a cloud-native network management solution designed to simplify network operations and improve productivity for enterprise IT teams. It leverages artificial intelligence for IT operations (AIOps) to reduce manual tasks, allowing networking teams to focus on more strategic projects. The platform features an operator-centric design, time-travel capabilities for network recovery, multi-layer topology visualisation, intelligent assurance indicators, and AI-powered insights for root cause analysis and recommendations.

What Are Latest Mergers And Acquisitions In The Next-Generation Network Market?

In July 2025, Hewlett Packard Enterprise Company (HPE), a US-based information technology company, acquired Juniper Networks Inc. for approximately $14 billion. Through this acquisition, HPE aims to expand its next-generation networking portfolio by integrating Juniper’s AI-native Mist platform, cloud-managed campus and data-centre solutions, and advanced routing technologies to enhance its competitiveness in AI-driven and cloud-first network infrastructure. Juniper Networks Inc. is a US-based networking company that provides high-performance routing, switching, security, and artificial intelligence (AI)-powered cloud networking solutions for enterprises, service providers, and government organisations.

Regional Insights

Asia-Pacific was the largest region in the next-generation network market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Next-Generation Network Market?

The next-generation network market includes revenues earned by entities by providing services such as voice over internet protocol, high-speed internet access, video streaming and on-demand services, cloud-based services, unified communications, IoT connectivity, and managed network services. 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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Next-Generation Network Market Report 2026?

The next-generation network market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the next-generation network industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.