Published by Wanda Rich
Posted on September 22, 2021
Rise in demand for VoIP services across organizations and developments in network infrastructure have boosted the growth of the global market.
Rise in demand for VoIP services across organizations and developments in network infrastructure have boosted the growth of the global network optimization services market. However, advancements in WAN and RAN optimization technology hamper the market growth. On the contrary, an increase in the number of production facilities is expected to open lucrative opportunities for the market players in the future. As per the report, the global network optimization services industry was pegged at $3.04 billion in 2020, and is estimated to reach $9.78 billion by 2028, growing at a CAGR of 16.1% from 2021 to 2028.
Explore Report Description- https://www.alliedmarketresearch.com/network-optimization-services-market-A11715
Impact of Covid-19 on Network Optimization Services Market-
• Due to the Covid-19 pandemic, increase in need for network optimization services from government agencies and policymakers were observed to implement AI systems, big data analytics, and data analysis software to monitor the spread in real-time, make predictions, and classify Covid-19 treatment drugs.
• Several businesses opted for a “work from home” culture and employed suitable measures to ensure optimal performance and security of their network infrastructure owing to increase in network threats such as data breaches and hacking.
Get detailed COVID-19 impact analysis on the Network Optimization Services Market: https://www.alliedmarketresearch.com/request-for-customization/12080?reqfor=covid
Due to the production of a huge quantum of data by making use of the prevailing information and digital technology, companies are gaining a lot of benefits. Companies are opting for network optimization for a systematic function of the organizations that promise a continuous growth. Network optimization services market share is anticipated to witness significant growth owing to the performance of different market segments. Among all segments, the wide-area network optimization solutions that are (WAN) segment will hold the largest market share of the network optimization services market during the forecast period.
Advancement in network infrastructure coupled with demand for VoIP services across enterprises is a major factor that primarily drives the market during the forecast period. The implementation segment dominated the market in 2020, accounting for more than two-fifths of the global network optimization services market, due to rise in demand for remote working and work from home solutions because of the Covid-19 pandemic. However, the consulting segment is projected to manifest the largest CAGR of 18.1% from 2021 to 2028, due to trend of digital transformation for higher customer reach & scope and uninterrupted communication for smooth business growth.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/12080
The WAN optimization segment held the lion’s share in 2020, contributing to around half of the global network optimization services market, as SD-WAN has changed the way networks support corporate applications by proactively regulating and effectively using all available WAN transport resources. However, the RAN optimization segment is estimated to register the highest CAGR of 18.2% from 2021 to 2028, owing to rise in awareness about industry-specific services and development in the field of artificial intelligence and machine learning.
Network optimization services market across North America held the largest share in 2020, accounting for nearly two-fifths of the market, owing to adoption of architecture of network solutions. However, the market across Asia-Pacific is anticipated to showcase the fastest CAGR of 17.9% during the forecast period, due to rise in demand for on-premise applications and rapidly proliferating in cloud computing.
Major market players
• Solarwinds
• Cisco Systems
• Huawei
• Nokia Corporation
• ZTE
• Infovista
• Citrix
• Circadence
• Fatpipe Networks
• Netscout Systems
Official Press Release: https://www.alliedmarketresearch.com/press-release/network-optimization-services-market.html
Similar Research Reports for Information, Communication and Technology:
DevOps Market is Expected to Reach $9,407 Million by 2023
Weather Forecasting Services Market Expected to Reach $2,777 Mn by 2023
Mobile BI Market is Expected to Reach $15,990 Million by 2023
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
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Rise in demand for VoIP services across organizations and developments in network infrastructure have boosted the growth of the global market.
Rise in demand for VoIP services across organizations and developments in network infrastructure have boosted the growth of the global network optimization services market. However, advancements in WAN and RAN optimization technology hamper the market growth. On the contrary, an increase in the number of production facilities is expected to open lucrative opportunities for the market players in the future. As per the report, the global network optimization services industry was pegged at $3.04 billion in 2020, and is estimated to reach $9.78 billion by 2028, growing at a CAGR of 16.1% from 2021 to 2028.
Explore Report Description- https://www.alliedmarketresearch.com/network-optimization-services-market-A11715
Impact of Covid-19 on Network Optimization Services Market-
• Due to the Covid-19 pandemic, increase in need for network optimization services from government agencies and policymakers were observed to implement AI systems, big data analytics, and data analysis software to monitor the spread in real-time, make predictions, and classify Covid-19 treatment drugs.
• Several businesses opted for a “work from home” culture and employed suitable measures to ensure optimal performance and security of their network infrastructure owing to increase in network threats such as data breaches and hacking.
Get detailed COVID-19 impact analysis on the Network Optimization Services Market: https://www.alliedmarketresearch.com/request-for-customization/12080?reqfor=covid
Due to the production of a huge quantum of data by making use of the prevailing information and digital technology, companies are gaining a lot of benefits. Companies are opting for network optimization for a systematic function of the organizations that promise a continuous growth. Network optimization services market share is anticipated to witness significant growth owing to the performance of different market segments. Among all segments, the wide-area network optimization solutions that are (WAN) segment will hold the largest market share of the network optimization services market during the forecast period.
Advancement in network infrastructure coupled with demand for VoIP services across enterprises is a major factor that primarily drives the market during the forecast period. The implementation segment dominated the market in 2020, accounting for more than two-fifths of the global network optimization services market, due to rise in demand for remote working and work from home solutions because of the Covid-19 pandemic. However, the consulting segment is projected to manifest the largest CAGR of 18.1% from 2021 to 2028, due to trend of digital transformation for higher customer reach & scope and uninterrupted communication for smooth business growth.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/12080
The WAN optimization segment held the lion’s share in 2020, contributing to around half of the global network optimization services market, as SD-WAN has changed the way networks support corporate applications by proactively regulating and effectively using all available WAN transport resources. However, the RAN optimization segment is estimated to register the highest CAGR of 18.2% from 2021 to 2028, owing to rise in awareness about industry-specific services and development in the field of artificial intelligence and machine learning.
Network optimization services market across North America held the largest share in 2020, accounting for nearly two-fifths of the market, owing to adoption of architecture of network solutions. However, the market across Asia-Pacific is anticipated to showcase the fastest CAGR of 17.9% during the forecast period, due to rise in demand for on-premise applications and rapidly proliferating in cloud computing.
Major market players
• Solarwinds
• Cisco Systems
• Huawei
• Nokia Corporation
• ZTE
• Infovista
• Citrix
• Circadence
• Fatpipe Networks
• Netscout Systems
Official Press Release: https://www.alliedmarketresearch.com/press-release/network-optimization-services-market.html
Similar Research Reports for Information, Communication and Technology:
DevOps Market is Expected to Reach $9,407 Million by 2023
Weather Forecasting Services Market Expected to Reach $2,777 Mn by 2023
Mobile BI Market is Expected to Reach $15,990 Million by 2023
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
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