Global Network Optimization Services Market 2018-2022

This market research report presents a comprehensive analysis of the global network optimization services market by deployment model (cloud-based and on-premises) and by end-user (BFSI, telecom, government and defense, transportation and logistics, retail, and others). The network optimization services market forecast report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.

Global network optimization services market overview

The amount of data generation over the network is increasing in industries owing to the rising number of connected devices. In addition, businesses boost their revenue, optimize costs, and deliver better services using this data. They are also focusing on reducing the cyber threats and improve the efficiency of businesses by adopting network technologies. Various organization are relying on next-generation network monitoring software or network monitoring tools to automatically discover all applications, passively collect data about the traffic on their network, and servers and clients. Cisco Systems, Dell Technologies, IBM, and HP are some of the companies that are extensively investing in network technologies including network management system or network management software. This boosts the need for network optimization services. Technavio’s market research report identifies that the advancements in network infrastructure will be one of the primary drivers for the growth of the global network optimization services market value till 2022. Technavio’s market research analysts predict that the network optimization services market will grow at a CAGR of close to 13% by 2022.

Vendors in the Americas are trying to remain competitive in the market owing to the rising competition among various network optimization service providers. North American countries such as the US and Canada are the major contributors toward the network optimization services market due to the maximum adoption of network optimization services. The implementation of network services is also increasing in South American countries, such as Brazil, Chile, Mexico, and Argentina. Consequently, there will be significant growth in the global network optimization services market worth in the region in the forthcoming years. 

Companies covered

The network optimization services market appears to be fragmented due to the presence of a large number of vendors. Large vendors are increasingly focusing on expanding their product portfolios and boost their market shares by acquiring small vendors. To improve their market shares, the vendors are concetrating on distinguishing their offerings through clear and unique value propositions.

This research report provides an analysis of various companies in the network optimization model market including

• Cisco Systems
• Citrix Systems
• Huawei Technologies
• ZTE

Segmentation by deployment model and analysis of the network optimization services market

• Cloud-based
• On-premises

Several SMEs as well as large organizations are increasingly adopting cloud solutions due to its inherent ease of use, cost-effectiveness, agility, and innovation in cloud security. As a result, the network optimization model market is expected to witness growth in the cloud-based model segment in the forthcoming years.

Segmentation by end-user and analysis of the network optimization services market

• BFSI
• Telecom
• Government and defense
• Transportation and logistics
• Retail

The adoption of online banking and mobile banking is increasing due to the need for customer-centricity, complete digitization of core processes, and the generation of a huge amount of content over the networks. This will have a positive impact on the network optimization model market during the estimated peirod.

Key questions answered in the report include

• What will the network optimization services market size and the growth rate be in 2022?
• What are the key factors driving the global network optimization services market?
• What are the key market trends impacting the growth of the global network optimization services market?
• What are the challenges to network optimization services market growth?
• Who are the key vendors in the global network optimization services market?
• What are the market opportunities and threats faced by the vendors in the global network optimization services market?
• What are the 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 optimization services market?

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