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The Latin America, Middle East and Africa Network Transformation Market would witness market growth of 65.5% CAGR during the forecast period (2017-2023). Factors such as collaboration among industry leaders for the development and promotion of next-generation networking solutions across industry verticals and growing adoption of IT as-a-service (ITaaS) and virtualization in the IT industry would add to the market expansion during the forecast period. Lack of skill sets and expertise in next-generation networking solutions are the factors that would limit the market growth during the forecast period. However, activities such as research and development activities, new product launches, and acquisitions would add to the market expansion.
Based on Component, the market report segments the market into Solution and Services. Solution Type include SDN & NFV, C-Ran, Network Automation, Others. Services include Professional Services and Managed Services. Based on Organization Size, the Latin America, Middle East and Africa Network Transformation market segments the market into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market report segments the market into Telecom, Information Technology, Energy & Utilities, Manufacturing, Media & Entertainment, and Others. Based on Countries, the Latin America, Middle East and Africa Network Transformation market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa Network Transformation Market.
Key companies profiled in the report include Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise (HPE) Company, Huawei Technology Co. Ltd., IBM Corporation, NEC Corporation, Intel Corporation, Ericsson, Fujitsu Limited, and Accenture Plc.