Telecom service provider to hold major share of Next-Generation Network Market

Telecommunications companies are increasingly adopting NGN to meet the growing requirements for high-speed data services. The exponential growth in IP and mobile data traffic has been the major reason for the increasing adoption of NGN in the telecommunications industry. As the number of smartphone and tablet users increases day by day, demand for high-speed data services grows significantly. Also, the rising trend of Voice over Internet Protocol promotes telecommunications companies to provide services pertaining to quality as well as the quantity of data. Many companies in this industry proactively provide NGN products and services and are likely to transform traditional network to high-speed packet-based NGN.