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Next Generation Network Equipment Market Revenue Outlook: What CAGR Lies Ahead Through 2030?
The next generation network equipment market size has seen substantial growth in recent years. The market is projected to expand from $37.59 billion in 2025 to $40.33 billion in 2026, registering a compound annual growth rate (CAGR) of 7.3%. In the past, this growth was primarily fueled by the expansion of internet service providers, the enhancement of broadband infrastructure, the uptake of wireless technologies, the surge in internet video and gaming, and the increasing demand for faster data transfer.
The next generation network equipment market size is anticipated to undergo significant expansion in the coming years. It is forecast to grow to $53.71 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. This projected growth within the forecast period can be attributed to the rollout of 5G and Wi-Fi 6 networks, the increasing spread of IoT and edge devices, their uptake in smart cities, the development of telecommunication service providers, and innovation in broadband devices that use power lines. Prominent trends expected during this period include 5G technology deployment, the expansion of high-fiber networks, the implementation of Wi-Fi 6, the introduction of powerline communication solutions, and ongoing advancements in broadband devices.
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Next Generation Network Equipment Market Expansion Drivers: What’s Shaping Future Growth?
The increasing requirement for high-capacity internet protocol (IP)-based networks is anticipated to propel the growth of the next-generation network equipment market. High-capacity internet protocol (IP)-based networks represent advanced communication infrastructures with enhanced bandwidth and data-carrying capacity, designed to efficiently manage substantial volumes of digital information. Next-generation network equipment is crucial for addressing the rising demand for high-capacity Internet Protocol (IP)-based networks, as it provides sophisticated infrastructure and technologies to efficiently handle growing data traffic and support emerging applications and services. For example, in September 2024, the Cellular Telecommunications and Internet Association, a US-based non-profit trade association, indicated that Americans utilized over 100 trillion megabytes of wireless data in 2023. This usage reflected an increase of 26 trillion megabytes and 36% compared to 2022, signifying the largest single-year surge in wireless data demand ever recorded. Therefore, the expanding necessity for high-capacity IP networks is a key driver for the next-generation network equipment market’s growth.
Next Generation Network Equipment Market Segment Outlook: Which Categories Are Growing Fastest?
The next generation network equipment market covered in this report is segmented –
1) By Type: High-Fiber Copper Cables, Broadband Wireless, Broadband Devices Over Power Lines
2) By Applications: File Sharing, Internet Video, IPTV (Internet Protocol Television) And Video On Demand, Gaming, Web Data
3) By End-Users: Internet Service Provider, Telecom Service Provider, Government, Other End-Users
Subsegments:
1) By High-Fiber Copper Cables: Copper Cables, Fiber Optic Cables
2) By Broadband Wireless: 4G LTE, 5G Technology, Wi-Fi 6 (802.11ax), Other Wireless Technologies
3) By Broadband Devices Over Power Lines: Powerline Communication (PLC) Adapters, Broadband Powerline Modems, Powerline Networking Equipment
Next Generation Network Equipment Market Strategic Trends: What Defines The Next Growth Phase?
Leading companies active in the next-generation network equipment market are increasingly focusing on developing sophisticated solutions, such as an Amdocs Network Inventory, to achieve a competitive edge in the sector. This constitutes an advanced cloud-agnostic network inventory solution, serving as a comprehensive software platform capable of managing and tracking network resources across diverse cloud environments without being tied to any specific cloud provider. For instance, in June 2023, Amdocs, a US-based company specializing in software and services, introduced the Amdocs Network Inventory. This platform offers AI-driven automation, cloud-agnostic support, and complete end-to-end visibility, thereby enhancing network operations and facilitating a quicker time-to-market. The platform’s introduction signifies a technological shift towards intelligent and automated network management solutions, empowering service providers with the necessary capabilities to navigate complex network operations, fulfill evolving demands, and sustain competitiveness in the next-generation network equipment market.
Next Generation Network Equipment Market Leading Companies And Competitive Benchmarking
Major companies operating in the next generation network equipment market are Samsung Electronics; Verizon Communications Inc.; AT&T Inc.; Huawei Investments and Holding Co. Ltd.; Cisco Systems Inc.; Qualcomm Incorporated; Hewlett Packard Enterprise; Fujitsu; Ericsson; Nokia; NEC Corporation; ZTE Corporation; Telstra Corporation Ltd.; Juniper Networks Inc.; Amdocs; Ciena Corporation; F5 Networks Inc.; ADTRAN; WebNMS (Zoho Corporation); Elitecore Technologies Pvt. Ltd.; Macquarie Telecom Group Ltd.; TELES AG; Mycom Osi
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Next Generation Network Equipment Market Top Region: Where Does Most Revenue Come From?
North America was the largest region in the next generation network equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the next generation network equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
