MPLS-based Core Network Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A MPLS-based core network, multiprotocol label switching based core network, consists of switches and routers connected using transport facilities such as fibre links for controlling traffic and creating VPNs. Operating above the optical layer and below the IP layer, MPLS is used to ensure that packets take the same route.

MARKET DYNAMICS

The MPLS-based core network market is experiencing significant growth owing to the growing demand for secure connectivity across the globe. However, lack of adoption in developing and underdeveloped countries can hamper the growth of MPLS-based core network market. Meanwhile, increasing practices of remote working and learning is expected to flourish the MPLS-based core network market.

MARKET SCOPE

The "MPLS-based core network Market Analysis to 2031" is a specialized and in-depth study of the technology, media, and telecommunication with a special focus on the global market trend analysis. The report aims to provide an overview of MPLS-based core network market with detailed market segmentation by component, end users, and geography. The global MPLS-based core network market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading MPLS-based core network market players and offers key trends and opportunities in the MPLS-based core network market.

MARKET SEGMENTATION

The global MPLS-based core network market is segmented on the basis of component and end users. Based on component, the market is segmented into hardware, software, and services. On the basis of application, the market is segmented as BFSI, IT and telecom, manufacturing, governments, healthcare, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global MPLS-based core network market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The MPLS-based core network market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting MPLS-based core network market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the MPLS-based core network market in these regions.
IMPACT OF COVID-19 ON MPLS-BASED CORE NETWORK MARKET
In 2021, the COVID-19 pandemic created a large-scale negative impact on economies across the globe, leading to many challenges, including the MPLS-based core network market. The MPLS-based core network market players witness disruption in supply chain of hardware components; however the software side was unaffected. Meanwhile, increasing adoption rate of remote working and learning practices across the globe has propelled the demand of MPLS-based core network from end users.

MARKET PLAYERS

The reports cover key developments in the MPLS-based core network market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from MPLS-based core network market are anticipated to lucrative growth opportunities in the future with the rising demand for MPLS-based core network market. Below mentioned is the list of few companies engaged in the MPLS-based core network market.

The report also includes the profiles of key MPLS-based core network market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Deutsche Telekom AG
  
•   Cisco Systems, Inc.
  
•   Nokia Corporation
  
•   Orange S.A.
  
•   AT and T Inc.
  
•   CenturyLink
  
•   BT
  
•   Juniper Networks, Inc.
  
•   Syringa Networks
  
•   Tata Communications
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

MPLS-based Core Network Report Scope