Global Network Consulting Market 2017-2021

Overview of the global network consulting market

Market research analysts at Technavio predict that the global network consulting market will grow steadily during the next four years and post a CAGR of almost 7% by 2021. This market research analysis identifies the increasing shift from the CAPEX to OPEX business model as one of the primary growth factors for this market. To leverage cost efficiencies, enterprises across the world have started shifting from the CAPEX to OPEX business model. This will boost the adoption of cloud-based networking services. Cloud-based services such as IaaS, platform-as-a-service (PaaS), and software-as-a-service (SaaS) are flexible in terms of deployment models and also allows clients to select a range of cloud-based networking services depending on their IT budgets and business requirements. Cloud-based networking solutions provide all the benefits of an on-premises system and also reduce the total cost of ownership of the network infrastructure by eliminating the need for technical expertise and maintenance. This will enable organizations to focus on their core business competencies cost-efficiently, which will induce more companies to opt for cloud-based based services.

One of the major trends that will gain traction in this market is the emergence of the Internet of Things (IoT) consulting services. The transformation of networking and communication systems through network automation will lead to the growth of IoT consulting services across the globe. IoT consulting services will create a framework that brings innovation, design, and IT security to the networking systems, which will again drive the adoption of network consulting services.

Competitive landscape and key vendors

The market is characterized by the presence of numerous network consulting companies who are significant players in providing network consulting services. According to the network consulting market forecast, vendors with a wide portfolio of services and solutions exhibit a significant market presence and major players who offer innovative and high-quality services currently dominate the market. To cater to the changing demands of businesses, vendors are required to constantly innovate their products and services. Product portfolio, technology differentiation, product and service quality, product and service pricing, and technical expertise are the major factors that vendors usually compete on.

The leading vendors in the market are -

• Cisco Systems
• HPE
• Huawei Technology
• Fujitsu
• IBM

The other prominent vendors in the market are Alcatel-Lucent (Nokia), Capgemini, Dell, Ericsson, Getronics, HCL Technologies, Infosys, Juniper Networks, Microland, Nokia, Oracle, TCS, and Unisys.

Geographical segmentation and analysis of the network consulting market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, the Americas was the major revenue contributor to the market during 2016. This mainly attributed to the growth of various industrial sectors in the region such as BFSI, telecom, public sector, and oil and gas. The increasing demand for network consulting from both the private and government sectors in South America will drive the market’s growth in the coming years. Additionally, the intensifying competition that induces firms in the US to develop network infrastructure to gain a competitive edge in the market and the increasing complexity of the process will also boost the network consulting market size and share in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global network consulting market?
• What are the key market trends impacting the growth of the global network consulting market?
• What are the challenges to market growth?
• Who are the key vendors in the global network consulting market?
• What are the market opportunities and threats faced by the vendors in the global network consulting market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global network consulting market?

Technavio also offers customization on reports based on specific client requirement.

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