Research Nester published a report titled “Network Consulting Services Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global network consulting services market in terms of market segmentation by service type, enterprise, industryand by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global network consulting services market is anticipated to grow with a CAGR of ~7% during the forecast period, i.e., 2022-2031. The market is segmented by enterprise into large enterprises and small and medium enterprises (SMEs). Out of these segments, the large enterprise segment is anticipated to garner the largest market share over the forecast period, owing to the increasing digital transformation of businesses. In addition, increasing adoption of cloud-based services among business companies is also expected to boost the growth of the segment in the coming years.
The global network consulting services market is estimated to garner a moderate revenue by the end of 2031, backed by the increasing volume of data worldwide. Various types of services provided by network consulting services, including network designing and planning, network testing and network security are also projected to boost sales of these tools in the coming years. Moreover, upsurge in the ICT spending on new technologies as well as increasing penetration of internet is also projected to propel the growth of the market during the forecast period.
Geographically, the global network consulting services market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is estimated to garner the largest market share over the forecast period, owing to the large number secured servers in the region. Apart from this, the market in Asia Pacific is anticipated to register significant growth in the coming years.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Adoption of Market Automation Technology to Drive the Market Growth
It was found that, approximately 50% companies have adopted market automation technology in 2022.
The adoption of market automation technology is expected to accelerate the market growth in the coming years, as marketing automation technology helps in handling the growing complexities of applications and data, which further improves application performance across diverse industries. Moreover, the increasing technological advancements as well as the increasing growth in the number of IoT connected devices are also expected to drive the growth of the global network consulting services market during the forecast period.
However, rising cases of data breaches along with changing regulatory framework are expected to operate as key restraints to the growth of global network consulting services market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the of global network consulting services market which includes company profiling of Cisco Systems, Inc., Huawei Technologies Co. Ltd., IBM Corporation, Fujitsu Limited, Hewlett Packard Enterprise Company, Capgemini Services SAS, Telefonaktiebolaget LM Ericsson, Dell Technologies, Inc., Unisys Corporation, OracleCorporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the of global network consulting services market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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