Description
An intelligent network has become
one of the most critical technologies in the information industry because of
its promising features like efficient network resource utilization, quick
service deployment, vendor independence through standardization, and the
separation of intelligence and switching functionality. An intelligent network
is required for making networking smoother and for providing a reliable and
flexible path for databases. It deals with the latest and new researches and
the policies of telecommunication services. These networks are designed to satisfy
many purposes such as for avoiding the use of line switching, for centralizing
the whole system, and to provide new services to customers.
The market can be segmented on the
basis of applications into freephone service market, personal service market,
virtual private network service market, alternative automatic billing service
market, and premium rate services market. The intelligent network market is a
multibillion dollar one and is expected to show a substantial growth with a
single digit CAGR over the period 2013-2019.
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One of the key drivers of the market
includes digitalization and change of line switching. It helps in increasing
the competition in the market by arranging or producing new services, it
enhances the evolution and development of new services for the customers or
users; it is able to manage the creations or the inventions of new telecom
standards and also enables the operating staff to manage various types of
services of a particular module. The market has various opportunities and
offers music on demand, video links that can display complex images over a long
distance. In addition, it facilitates interactive home shopping, and offers
internet on a TV. Some of the factors restraining the market include
large expenses for installation and difficult configuration because it is
created with the help of small pieces of hardware.
Some of the key players in this
market are EADS, Raytheon, Alcatel-Lucent, Thales, Huawei, Harris, and Fujitsu.
These players have created remarkable portfolios for intelligent network
applications and services.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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