The telecom and networking market transforms through 5G, cloud-native technologies and accelerated digitalization. In this rapidly expanding market, there is significant growth driven by data consumption, enterprises going 'live' and a demand for smart devices and edge computing.

The ecosystem is shifting from end-to-end distributed circuits to end-to-end IP circuits, to end-to-end packet networks and low-latency voice and video relying on 5G and satellite connectivity. The demand for telecom hardware and IT infrastructure high-throughput routers, switches and base stations that can take advantage of software-defined networking and utilize AI based traffic management is at the center of this pivot.

The change in telecoms capital spending accompanying the emergence of cloud-native telecom software hasn't just unfurl new solutions but has also changed the fundamental nature of solutions overall. The rise of software-defined infrastructure in telecommunication businesses has provided a more flexible, efficient and secure platform from which they can run their companies from the core of the customer's network. The change from the reliance on value chains to value networks has allowed telcos to operate both within their networks as well as now, outside their networks and tap into value creation zones. The provision of telecom services managed network solutions, voice and data services, IoT connectivity also need to evolve to allow enterprises grow.