Networking

Networking involves technologies including SD-WAN, Wi-Fi-6, 5G, network automation, and AI enablement. These technologies are transforming the way enterprises are managing their network infrastructures by offering improved performance & security. They also reduced complexity and the cost of various networking functions. The commercialization of 5G network has significantly influenced the demand for wireless networking in digital payments, industrial networking, BYOD trend, and wireless communication. The proliferation of advanced technologies, such as AI and machine learning, in networking devices has aided enterprises in managing their network infrastructures, reducing network downtime & improving business productivity. The significant development in various networking technologies has influenced new regulations related to data privacy & security.

Drivers:

• Surging penetration of wireless devices has resulted in increased data traffic, burdening the existing network infrastructure. The development of advanced networking solutions has further enabled enterprises to prioritize the network traffic to achieve specific business goals.
• Commercialization of the next-generation 5G network has improved the overall network speed of wireless devices, creating market opportunities for Cellular Vehicle-to-Everything (C-V2X), 5G private LTE networking, and 5G IoT
• Network automation has gained popularity across enterprises due to the growing need for improved network bandwidth and visibility to improve the network performance
• Post-COVID-19, the rising work-from-home trend has enabled enterprises to focus on innovative communication tools and private networking options