The BNS is the high capacity connectivity infrastructure that links various LANs and WANs for long distance communication. It provides a platform for high-performance networks used for scientific research at major government-supported supercomputer centers and universities.

Market Dynamics:

Increasing internet penetration, growing demand for cloud services, and rise in data traffic is anticipated to drive growth of the global Global Backbone Network services market over the forecast period. Moreover, advancements in telecommunication technologies is also expected to boost the growth of the global Global Backbone Network services market over the forecast period. Expansion of 5G networks, edge computing, Internet of Things (IoT) connectivity, and cloud service integration are expected to create growth opportunities for the global Global Backbone Network services market during the forecast period.

However, infrastructure investment costs, regulatory and compliance hurdles, and network congestion and bandwidth management are expected to hamper growth of the Global Backbone Network services market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global Global Backbone Network services market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global Global Backbone Network services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include AT&T Inc., Verizon Communications Inc., NTT Communications Corporation, China Telecom Corporation Limited, Deutsche Telekom AG, British Telecommunications plc (BT), Orange S.A., Telefonica S.A., Sprint Corporation (now part of T-Mobile), CenturyLink (now rebranded as Lumen Technologies), Vodafone Group plc, SoftBank Group Corp., Level 3 Communications, Telstra Corporation Limited, Tata Communications Limited
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global Global Backbone Network services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Global Backbone Network services market

Detailed Segmentation:

• Global Backbone Network Services Market, By Network Type:
  • Wired Backbone Network
  • Wireless Backbone Network
• Global Backbone Network Services Market, By Network Topology:
  • Mesh Topology
  • Star Topology
  • Ring Topology
  • Hybrid Topology
• Global Backbone Network Services Market, By Service Type:
  • Internet Backbone Services
  • Intranet Backbone Services
  • Virtual Private Network (VPN) Backbone Services
• Global Backbone Network Services Market, By End-Use Industry:
  • Telecommunication
  • Enterprise
  • Government
  • Education
  • Healthcare
• Global Backbone Network Services Market, By Data Speed and Capacity:
  • Gigabit Backbone Network
  • Terabit Backbone Network
• Global Backbone Network Services Market, By Network Provider:
  • Tier-1 Backbone Network Providers
  • Tier-2 Backbone Network Providers
  • Tier-3 Backbone Network Providers
• Global Backbone Network Services Market, By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles:
  • AT&T Inc.
  • Verizon Communications Inc.
  • NTT Communications Corporation
  • China Telecom Corporation Limited
  • Deutsche Telekom AG
  • British Telecommunications plc (BT)
  • Orange S.A.
  • Telefonica S.A.
  • Sprint Corporation (now part of T-Mobile)
  • CenturyLink (now rebranded as Lumen Technologies)
  • Vodafone Group plc
  • SoftBank Group Corp.
  • Level 3 Communications
  • Telstra Corporation Limited
  • Tata Communications Limited