Market Revenue Next Generation Network (NGN) Equipment Market

Next Generation Network (NGN) Equipment Market
Segmentation Estimates, Product Benchmarking Forecast 2024
“Next Generation Network (NGN) Equipment Market is anticipated to grow at
a CAGR of over 11% over the forecast period. Increasing preference to rising
profit margin and customer satisfaction in telecom service providers are
anticipated to drive the next generation network equipment market.”
The global Next Generation Network (NGN) Equipment Market is anticipated to grow at a CAGR of over 11%
over the forecast period. Increasing preference to rising profit margin and customer satisfaction in telecom
service providers are anticipated to drive the next generation network equipment market. The concept of NGN
has been initiate and designed for traditional telecom operators to become more than ISP and to operate with
the customer needs driven model in order to survive the challenges. These services have become popular among
service providers for the reason such as the need to deal with customer service and retention, and integration
with new IP-based frameworks. NGN provides telecom service providers with tools that would intensify
customer experience and loyalty.
Depending on the type of customer, The NGN customer terminal equipment can be an end user terminal device,
a gateway for a corporate network, a gateway for a home network or a gateway for a vehicle LAN. NGN customer
terminal equipment will be ICT-enabled i.e. services are IT based and connectivity CT based, but with the
capability to simulate or emulate the traditional telecom communication services. For individuals, the customer
terminal equipment comprises the end user device or home device. For instance legacy terminals, SIP phones,
soft-phones such as a programmed phone on a PC, IP phones with text capabilities, set top boxes, multimedia
terminals, and PCs. For an enterprise, the customer terminal equipment is a gateway which is capable of
providing the services being provided today by integrated PBX and company webs separately. For instance, short
number dialing, hunting list, webinar, on-line exhibition.
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