What is Multiservice Provisioning Platforms?
Multiservice Provisioning Platforms (MSPPs) combine the functions and services of different network elements into a single device. This platform present service providers and carriers around with a classic technology conundrum. It is new category of product which is defined to address metropolitan transport market. It is widely used in metropolitan optical networking cities. Growing importance of Ethernet services is driving the demand for market. Increasing data traffic and enhanced focus on data services has created growth opportunities for market. However, lack of standardisation in technology is challenging to the market growth. Geographically, North America region has have been recognized as highly growing market with developed networking infrastructure. Therefore, North America region are considered to be the dominant market over forecast period.
The market study is broken down, by Application (Flexible Optical Networking, Mobile Backhaul and Others) and major geographies with country level break-up.
The market of Multiservice Provisioning Platforms is expected to grow with rising telecommunication sector. Several companies are operating in the market to provide Multiservice Provisioning Platforms with number of technologies. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco Systems Inc. (United States), Ciena Corporation (United States), Siemens AG (Germany), Fujitsu Network Communications Inc. (United States), Alcatel-Lucent S.A. (France), Sycamore Networks Inc. (United States), ECI Telecom Ltd (Israel), Ericsson (Sweden) and Tellabs, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Multiservice Provisioning Platforms market by Type, Application and Region.
On the basis of geography, the market of Multiservice Provisioning Platforms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Multiservice Provisioning Platforms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Transport-based will boost the Multiservice Provisioning Platforms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2019, TelemaxX Telekommunikation GmbH has newly deployed packet networking portfolio. This portfolio of Ciena’s packet networking. It is mainly to ensure smooth rollout of Ethernet Business Services (EBS).
Market Trend
- Demand for Data Based Technology is expected to gain Highest Market Share
Market Drivers
- Growing Industrial Expenditure of End Use Industries
- Increasing Demand for Ethernet Services
Opportunities
- Growing Networking Capacity in Metropolitan Cities
Restraints
- Strengthen Regulatory Requirements & Policies
Challenges
- Lack of Standardization in Technology Designing
Key Target Audience
Multiservice Provisioning Platforms Provider, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.