Market Overview:
The global MPLS-based core network market is expected to grow from USD 9.5 billion in 2018 to USD 21.8 billion by 2030, at a CAGR of 12.9% from 2018 to 2030. The growth of the MPLS-based core network market can be attributed to the increasing demand for cloud services and rising need for secure and reliable communication networks. Based on type, the MPLS-based core network market is segmented into MPLS-based devices, IP/MPLS management software, and services. The services segment is further divided into managed services and professional services.
Product Definition:
MPLS-based Core Network is a term used to describe the usage of MPLS in a backbone network. The importance of MPLS-based Core Network is that it enables providers to offer new services, such as Layer 2 VPNs, which can be used by customers to connect multiple locations together as if they were on one LAN.
MPLS-based Devices:
MPLS-based devices are the next generation of data communication and represent a significant growth factor in the MPLS-based core network market. The key drivers for this technology include increasing bandwidth requirements, need for faster service delivery, and growing demand for cloud computing. Furthermore, technological advancements such as IP Multimedia Subsystems (IMS) and Integrated Services Digital Network (ISDN) have paved way for development of MPLS-based core networks.
IP/MPLS Management Software:
IP/MPLS Management software is used to monitor and control the IP/MPLS network. It provides a consolidated view of all the MPLS-based core networks connected via IP or Ethernet. The management software facilitates in monitoring, analyzing, and troubleshooting any issue that may arise in the operation of an MPLS core network.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing penetration of MPLS-based core network services in various applications such as healthcare, IT and telecommunication, retail, manufacturing and government among other segments.
Manufacturing was one of the prominent users of MPLS technology that yearned for a high performance architecture that could offer scalability across multiple sites and provide dedicated bandwidth between them with low latency while moving data packets. The need was met by adopting an IP/MPLS based solution since it offers all these functionalities along with advanced security features such as Quality of Service (QoS) support within an autonomous system environment without having to deploy additional hardware or software components within plant floors or Data Center infrastructures.
Regional Analysis:
North America dominated the market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing investments in core network infrastructure, high adoption of cloud technologies, and rising demand for efficient data centers. Moreover, presence of major service providers such as Verizon Communications Inc.; AT&T; T-Mobile US Inc.; Sprint Corporation; Cablevision Systems Corp.; CenturyLink LLC; and Frontier Communications LLC is further expected to drive regional growth.
The Asia Pacific market was valued at USD X million in 2016 owing to increasing number of service provider entrants into this region along with growing demand from government & defense sector for MPLS-based core networks that offer high security & privacy coupled with low latency requirements across countries such as China, India Japan South Korea Taiwan Thailand Philippines Vietnam Indonesia etc.
Growth Factors:
- Increasing demand for bandwidth-intensive applications such as video streaming and online gaming is fueling the growth of MPLS-based core networks.
- Rapid proliferation of mobile devices and the growing popularity of Bring Your Own Device (BYOD) policies are also contributing to the growth of MPLS-based core networks.
- The increasing demand for cloud services is prompting organizations to deploy MPLS-based core networks in order to improve performance and reliability.
- The need for secure and reliable communication is driving the adoption of MPLS-based core networks among government agencies and enterprises alike.
- Growing number of service providers offering managed services based on MPLS technology is helping fuel the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
MPLS-based Core Network Market Research Report
By Type
MPLS-based Devices, IP/MPLS Management Software, Services
By Application
Manufacturing, Government, Healthcare, IT and Telecommunications, Retail, Others
By Companies
AT&T Communications, Cisco Systems, Century Link, Orange, BT Global Services, Sprint Nextel, Syringa Networks, NTT Communications
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global MPLS-based Core Network Market Report Segments:
The global MPLS-based Core Network market is segmented on the basis of:
Types
MPLS-based Devices, IP/MPLS Management Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Government, Healthcare, IT and Telecommunications, Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AT&T Communications
- Cisco Systems
- Century Link
- Orange
- BT Global Services
- Sprint Nextel
- Syringa Networks
- NTT Communications
Highlights of The MPLS-based Core Network Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MPLS-based Devices
- IP/MPLS Management Software
- Services
- By Application:
- Manufacturing
- Government
- Healthcare
- IT and Telecommunications
- Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MPLS-based Core Network Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A MPLS-based Core Network is a network that uses MPLS to transport Layer 2 and Layer 3 traffic. This type of network can be used to connect different sites in a company, or between companies.
Some of the key players operating in the mpls-based core network market are AT&T Communications, Cisco Systems, Century Link, Orange, BT Global Services, Sprint Nextel, Syringa Networks, NTT Communications.
The mpls-based core network market is expected to register a CAGR of 12.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MPLS-based Core Network Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 MPLS-based Core Network Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MPLS-based Core Network Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the MPLS-based Core Network Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global MPLS-based Core Network Market Size & Forecast, 2020-2028
4.5.1 MPLS-based Core Network Market Size and Y-o-Y Growth
4.5.2 MPLS-based Core Network Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 MPLS-based Devices
5.2.2 IP/MPLS Management Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Government
6.2.3 Healthcare
6.2.4 IT and Telecommunications
6.2.5 Retail
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MPLS-based Core Network Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MPLS-based Core Network Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 MPLS-based Devices
9.6.2 IP/MPLS Management Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Government
9.10.3 Healthcare
9.10.4 IT and Telecommunications
9.10.5 Retail
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 MPLS-based Devices
10.6.2 IP/MPLS Management Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Government
10.10.3 Healthcare
10.10.4 IT and Telecommunications
10.10.5 Retail
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 MPLS-based Devices
11.6.2 IP/MPLS Management Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Government
11.10.3 Healthcare
11.10.4 IT and Telecommunications
11.10.5 Retail
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 MPLS-based Devices
12.6.2 IP/MPLS Management Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Government
12.10.3 Healthcare
12.10.4 IT and Telecommunications
12.10.5 Retail
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 MPLS-based Devices
13.6.2 IP/MPLS Management Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Government
13.10.3 Healthcare
13.10.4 IT and Telecommunications
13.10.5 Retail
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MPLS-based Core Network Market: Competitive Dashboard
14.2 Global MPLS-based Core Network Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AT&T Communications
14.3.2 Cisco Systems
14.3.3 Century Link
14.3.4 Orange
14.3.5 BT Global Services
14.3.6 Sprint Nextel
14.3.7 Syringa Networks
14.3.8 NTT Communications
