Network Optimization Services Market - Industry Growth and Recent Trends by Forecast to 2023
Global Network Optimization Services Market: By Application (LAN optimization, WAN, Optimization, RAN optimization, Data Center optimization), Services (Implementation, Consulting, Maintenance & Support, Managed), Industry, Deployment - Forecast till 2023
Network Optimization Services Market Research Report -Global Forecast till 2023
Market Overview:
As per the new report by Market Research Future (MRFR), the global network optimization services market will be worth USD 8 billion by 2023, registering a CAGR of 13% during the forecast period (2016-2023).
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Drivers and Restraints:
Network optimization refers to the technology that is used for improving the network performance in a given environment. Network optimization is considered an essential component that helps in the effective management of information systems. The technology plays a stellar role within the business environment; with the information technology growing at an impressive rate, in addition, various end users from different verticals contributing to the production of large volumes of data. This results in the consumption of significant network bandwidth. Hence, the increasing number of branch offices as well as data centers, elevated adoption of Internet Protocol (IP) video and virtualization, and rising demand for network optimization-as-a-service over cloud are bolstering the growth of the network optimization services market.
Market Segmentation:
The market for network optimization services is segmented on the basis of application, service type, deployment, and industry.
Application-dependent segments in the global market are Local Area Network (LAN) optimization, Wide Area Network (WAN) optimization, Radio Access Network (RAN), and data center optimization. Among these, the Wide Area Network (WAN) optimization solutions are leading the current market, exhibiting a fast growth. Increasing demand for the implementation of network and application optimization on branch office networks seems to be a positive factor in market growth. In addition, various enterprises have taken applications out of branch offices, combining them with central data centers, followed by the workforce retrieving these requests and dispersing at detached locations.
Services-wise, the market is segmented into consulting service, implementation service, managed services, and maintenance & support services. Among these, the consulting service and implementation service has amassed the largest market share and are noted to show moderate growth. The network implementation service is inclusive of all the hardware and software implementations in the network that demands highly technical skill as well as expertise. Moreover, these services are managed by either the company or are outsourced and managed by a third party.
As per deployment, the network optimization services market can be deployed on-cloud or on-premise. The cloud deployment is considered to be growing at the fastest rate among the two. Although cloud deployment needs large installation cost however it is easy to manage and operate from distant locations as well.
Key Vendors:
Few prominent players in the global network optimization services market are ZTE Corporation (China), Cisco Systems, Inc (U.S.), SolarWinds Inc (U.S.), Nokia Corporation (Finland), Huawei Technologies Co. Ltd (China), Citrix Systems, Inc (U.S.), Info vista (France), Silver Peak Systems (U.S.), NETSCOUT Systems, Inc (U.S.), Riverbed Technology, Inc and Circadence Corporation (U.S.)
Browse More Details on Report at: https://www.marketresearchfuture.com/reports/network-optimization-services-market-4866
Industry Update:
January 2019 – Aviat Networks Inc. has announced that Federated Wireless will be using Aviat's Global Network Operations Center (NOC) services to back up the commercial launch of their shared spectrum enablement business which makes use of the new Citizens Broadband Radio Service (CBRS).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact:
+1 646 845 9312
Email: sales@marketresearchfuture.com
Also Read: https://www.marketresearchfuture.com/reports/virtual-private-network-market-2160
Network Optimization Services Market Research Report -Global Forecast till 2023
Market Overview:
As per the new report by Market Research Future (MRFR), the global network optimization services market will be worth USD 8 billion by 2023, registering a CAGR of 13% during the forecast period (2016-2023).
Get Free Sample at: https://www.marketresearchfuture.com/sample_request/4866
Drivers and Restraints:
Network optimization refers to the technology that is used for improving the network performance in a given environment. Network optimization is considered an essential component that helps in the effective management of information systems. The technology plays a stellar role within the business environment; with the information technology growing at an impressive rate, in addition, various end users from different verticals contributing to the production of large volumes of data. This results in the consumption of significant network bandwidth. Hence, the increasing number of branch offices as well as data centers, elevated adoption of Internet Protocol (IP) video and virtualization, and rising demand for network optimization-as-a-service over cloud are bolstering the growth of the network optimization services market.
Market Segmentation:
The market for network optimization services is segmented on the basis of application, service type, deployment, and industry.
Application-dependent segments in the global market are Local Area Network (LAN) optimization, Wide Area Network (WAN) optimization, Radio Access Network (RAN), and data center optimization. Among these, the Wide Area Network (WAN) optimization solutions are leading the current market, exhibiting a fast growth. Increasing demand for the implementation of network and application optimization on branch office networks seems to be a positive factor in market growth. In addition, various enterprises have taken applications out of branch offices, combining them with central data centers, followed by the workforce retrieving these requests and dispersing at detached locations.
Services-wise, the market is segmented into consulting service, implementation service, managed services, and maintenance & support services. Among these, the consulting service and implementation service has amassed the largest market share and are noted to show moderate growth. The network implementation service is inclusive of all the hardware and software implementations in the network that demands highly technical skill as well as expertise. Moreover, these services are managed by either the company or are outsourced and managed by a third party.
As per deployment, the network optimization services market can be deployed on-cloud or on-premise. The cloud deployment is considered to be growing at the fastest rate among the two. Although cloud deployment needs large installation cost however it is easy to manage and operate from distant locations as well.
Key Vendors:
Few prominent players in the global network optimization services market are ZTE Corporation (China), Cisco Systems, Inc (U.S.), SolarWinds Inc (U.S.), Nokia Corporation (Finland), Huawei Technologies Co. Ltd (China), Citrix Systems, Inc (U.S.), Info vista (France), Silver Peak Systems (U.S.), NETSCOUT Systems, Inc (U.S.), Riverbed Technology, Inc and Circadence Corporation (U.S.)
Browse More Details on Report at: https://www.marketresearchfuture.com/reports/network-optimization-services-market-4866
Industry Update:
January 2019 – Aviat Networks Inc. has announced that Federated Wireless will be using Aviat's Global Network Operations Center (NOC) services to back up the commercial launch of their shared spectrum enablement business which makes use of the new Citizens Broadband Radio Service (CBRS).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact:
+1 646 845 9312
Email: sales@marketresearchfuture.com
Also Read: https://www.marketresearchfuture.com/reports/virtual-private-network-market-2160
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