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 2027
ID: MRFR/ICT/3438-HCR | February 2021 | Region: Global | 100 pages
MARKET OVERVIEW
Network optimization is used when there is a need for refining the network performance for a situation that is given or proposed. Network optimization is reflected as a significant component of the management of operative information systems. The main reason behind this growth and its deployment is that there is a growth of information technology and this is helping in producing a huge volume of data. Also, the companies are employing network optimization for the consumption of a large network with bandwidths. If the network optimization is done reliably and properly, the growth of the use of network optimization is witnessing continuous growth. The wide use of network optimization and its services are being demanded by many growing organizations in various parts of the globe. The huge number of branch offices along with the data centers are using these services on an excellent scale.
Along with this, there is tremendous growth in the virtualization scale which promises excellent growth for the network optimization services market.
COVID 19 ANALYSIS
The network optimization space has a lot of benefits to the global network optimization services market competitors. During the pandemic, the market has suffered a lot due to the lack of resources and raw materials. This has further resulted in hampering the growth of the production and development units of the companies. Also, due to the unavailability of a workforce to comply with the market demand and pace up with the supply chain mechanism, the market is unable to flourish during the times of the pandemic. However, digitization and networking have excellent growth opportunities during the ongoing global forecast period of 2017-2023. The global growth of the network optimization services market is expected to pick up post the pandemic due to the growing demand for networking operations amongst various organizations.
The government is putting forward regulations, initiatives, and incentives that will help the market grow by expanding its scale of operations. Also, the key market players are focusing on product launch and development by deploying their best resources to emerge as market leaders. These are likely to make the market accessible to a larger public and have a better stand in global competition.
Global Network Optimization Services, USD Billion
Source: MRFR Analysis
MARKET DYNAMICS
DRIVERS
Virtualization has an excellent role to play to help the network optimization services market grow at a good CAGR by the end of the global forecast period ending in 2023. The service providers are progressing towards regional and global growth by adopting the software-as-a-service (SaaS)technology. These help in improving the markets by providing solutions that are further playing a great role in lifting the revenue progression of the network optimization services market.
CHALLENGES
The wide and continuous use and adoption of network optimization can lead to a lot of stress to the prevailing network infrastructure in the concerned environments and organizations. Hence, the key market players need to reduce the dependence and thus, have a positive impact on reducing the global stress on the global networking infrastructure.
TECHNOLOGY ANALYSIS
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 mushrooming and continuous growth during the global forecast period of 2017-2023. Companies are making use of the networking organizations by offering them services applicable in their offices and data centers. The use is growing with each passing day and the companies are adding to their revenue scale with the help of network optimization.
STUDY OBJECTIVES
- To bring the viewpoint of various industry experts and leaders together and foresee the compound annual growth rate and network optimization services market growth rate by the end of the global forecast in 2023.
- To take out a competitive market outlook and examine the output models of key market players, worldwide.
- To inspect the various market dynamics like trends, drivers, and opportunities that are most likely to play a role in helping the market and its different segments growing in the domestic as well as international market.
SEGMENT OVERVIEW
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. The reason attributed to it is the rising demand of organizations to optimize their applications and implement networks in their branch office.
But these days’ man organizations are combining them with central data centers by taking out applications from branches. For an amplifying use the market is segmented into the following on different bases:
- Based on the application, it has a wide area network, local area network, and radio access network, and data center optimization.
- Based on services, it has implementation services, consulting services, managed services, and maintenance & support services.
- Based on deployment, it has on cloud and premises.
REGIONAL ANALYSIS
The network optimization services market industry movements are remarkably working in 3 major regions of the world Europe, Asia Pacific, North America, and the rest of the world. North America is expected to witness tremendous growth during the forecast period. The reason attributed to it is the rising adoption of new technologies like smartphones and cloud-based platforms. Also, the placement of cloud-based systems and solutions & services are being provided through online mode are the things putting up the growth of the network optimization services market in this region. Also, some inorganic strategies are being used by the key players of this region to strengthen their goodwill in the global network optimization services market. With the same factors in consideration, although the Asia Pacific region doesn’t have much of this market share, will be growing at the fastest pace during the forecast period. Europe will have the second-largest network optimization services market share.
COMPETITIVE LANDSCAPE
To get a detailed and profound idea about the network optimization services market insights, it is very important to create a competitive environment amongst the different key players at different market locations all around the globe. There are various strategies adopted by key players in the network optimization services market like technology launches, mergers and acquisitions, collaborations, and partnerships to expand their business and stable themselves in the global market. The prime players of the NETWORK OPTIMIZATION SERVICES market are:-
- Solar Winds Inc. (U.S.)
- Cisco Systems, INC (U.S.)
- Huawei Technologies Co. Ltd (China)
- Nokia Corporation (Finland)
- ZTE Corporation (China)
- Info vista (France)
- Citrix Systems, Inc. (U.S.)
- NETSCOUT Systems, Inc. (U.S.)
- Silver Peak Systems (U.S.)
- CIRCADENCE Corporation (U.S.)
- Riverbed Technology, Inc. (U.K)
RECENT DEVELOPMENTS
- Many North American companies like Riverbed Technologies and SolarWinds, are adopting growth strategies of both organic and inorganic manner that will help the market emerge as a major dominant force during the global forecast period ending in 2023.
- The companies belonging to the APAC region are investing in their product launches and global partnerships and collaborations which will increase their market size and ability to serve a larger customer base.
- The USA and Canadian markets are targeting to handle larger data traffic by opting for solutions that contribute to a significant leap towards RAN alongside WAN optimization.
- The European companies are opting for product developments that enable seamless transmission of data alongside the removal of latency issues on a global scale. These factors are likely to add to the scale at which the market operations are enhancing and likely to reach the predicted market valuation by the end of the forecast period in 2023.
INTENDED AUDIENCE
- Network optimization services provider
- Network management solution providers
- WAN optimization services providers
- Data Analytics vendors
- Cloud Service providers
- Project accounting solution providers
- Value-added resellers
- Research firms
REPORT OVERVIEW
The network optimization services market report presents a switch analysis that includes market drivers, opportunities, and restraints that are available in the global market. The report takes into consideration the impact of covid-19 on the key players of the network optimization services industry. The report highlights the functions of the market and the drivers and challenges that prevail in the way of its global growth. The report also informs us about the segmentation of the market on a different basis and how a competitive environment is created among the key players around the globe. The report helps to conduct a deep analysis of the attempts made by the prominent players of the market to emerge as a global leader that will help in the eventual growth of the market. At last, the report shows some recent developments in the field of network optimization services market.
Frequently Asked Questions (FAQ) :
Wide Area Network (WAN) optimization, Local Area Network (LAN) optimization, data center optimization, Radio Access Network (RAN), and others are the application-dependent segments in the market.
The consulting service and implementation service segment has taken the lead in the global market.
Cloud deployment is quite easy to manage and can be operated from distant locations conveniently, which makes it the fastest gaining segment in the market.
The presence of developing countries like India, Australia and China and their quick adoption of cloud and mobile technologies give a substantial boost to the market growth in APAC.
8 billion is projected to be the market value by 2023.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Network Optimization Services Market
5 Deployment Overview of Global Network Optimization Services Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Network Optimization Services Market by Application
7.1 Introduction
7.2 LAN Optimization
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 WAN Optimization
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
7.4 RAN Optimization
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast by Region, 2020-2027
7.5 Data Center Optimization
7.5.1 Market Estimates & Forecast, 2020-2027
7.5.2 Market Estimates & Forecast by Region, 2020-2027
8. Global Network Optimization Services Market by Services
8.1 Introduction
8.2 Implementation
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Consulting
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
8.4 Maintenance & Support
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast by Region, 2020-2027
8.5 Managed
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast by Region, 2020-2027
9. Global Network Optimization Services Market by Deployment
9.1 Introduction
9.2 BFSI
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Region, 2020-2027
9.3 Telecom
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
9.4 Government
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast by Region, 2020-2027
9.5 Transportation
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast by Region, 2020-2027
9.5.2 Market Estimates & Forecast by Region, 2020-2027
9.6 Media
9.6.1 Market Estimates & Forecast, 2020-2027
9.6.2 Market Estimates & Forecast by Region, 2020-2027
9.6.2 Market Estimates & Forecast by Region, 2020-2027
9.7 Retail
9.7.1 Market Estimates & Forecast, 2020-2027
9.7.2 Market Estimates & Forecast by Region, 2020-2027
9.7.2 Market Estimates & Forecast by Region, 2020-2027
9.8 IT
9.8.1 Market Estimates & Forecast, 2020-2027
9.8.2 Market Estimates & Forecast by Region, 2020-2027
9.8.2 Market Estimates & Forecast by Region, 2020-2027
9.9 Healthcare
9.9.1 Market Estimates & Forecast, 2020-2027
9.9.2 Market Estimates & Forecast by Region, 2020-2027
9.9.2 Market Estimates & Forecast by Region, 2020-2027
10. Global Network Optimization Services Market by Deployment
10.1 Introduction
10.2 On Cloud
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast by Region, 2020-2027
10.3 On Premise
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast by Region, 2020-2027
11. Global Network Optimization Services Market by Region
11.1 Introduction
11.2 North America
11.2.1 Market Estimates & Forecast, 2020-2027
11.2.2 Market Estimates & Forecast by Application, 2020-2027
11.2.3 Market Estimates & Forecast by Services, 2020-2027
11.2.4 Market Estimates & Forecast by Deployment, 2020-2027
11.2.5 U.S.A
11.2.5.1 Market Estimates & Forecast, 2020-2027
11.2.5.2 Market Estimates & Forecast by Application, 2020-2027
11.2.5.3 Market Estimates & Forecast by Services, 2020-2027
11.2.5.4 Market Estimates & Forecast by Deployment, 2020-2027
11.2.6 Mexico
11.2.6.1 Market Estimates & Forecast, 2020-2027
11.2.6.2 Market Estimates & Forecast by Application, 2020-2027
11.2.6.3 Market Estimates & Forecast by Services, 2020-2027
11.2.6.4 Market Estimates & Forecast by Deployment, 2020-2027
11.2.7 Canada
11.2.7.1 Market Estimates & Forecast, 2020-2027
11.2.7.2 Market Estimates & Forecast by Application, 2020-2027
11.2.7.3 Market Estimates & Forecast by Services, 2020-2027
11.2.7.4 Market Estimates & Forecast by Deployment, 2020-2027
11.3 Europe
11.3.1 Market Estimates & Forecast, 2020-2027
11.3.2 Market Estimates & Forecast by Application, 2020-2027
11.3.3 Market Estimates & Forecast by Services, 2020-2027
11.3.4 Market Estimates & Forecast by Deployment, 2020-2027
11.3.5 Germany
11.3.5.1 Market Estimates & Forecast, 2020-2027
11.3.5.2 Market Estimates & Forecast by Application, 2020-2027
11.3.5.3 Market Estimates & Forecast by Services, 2020-2027
11.3.5.3 Market Estimates & Forecast by Deployment, 2020-2027
11.3.6. France
11.3.6.1 Market Estimates & Forecast, 2020-2027
11.3.6.2 Market Estimates & Forecast by Application, 2020-2027
11.3.6.3 Market Estimates & Forecast by Services, 2020-2027
11.3.6.4 Market Estimates & Forecast by Deployment, 2020-2027
11.3.7 UK
11.3.7.1 Market Estimates & Forecast, 2020-2027
11.3.7.2 Market Estimates & Forecast by Application, 2020-2027
11.3.7.3 Market Estimates & Forecast by Services, 2020-2027
11.3.7.4 Market Estimates & Forecast by Deployment, 2020-2027
11.4 Asia Pacific
11.4.1 Market Estimates & Forecast, 2020-2027
11.4.2 Market Estimates & Forecast by Application, 2020-2027
11.4.3 Market Estimates & Forecast by Services, 2020-2027
11.4.4 Market Estimates & Forecast by Deployment, 2020-2027
11.4.5 China
11.4.5.1 Market Estimates & Forecast, 2020-2027
11.4.5.2 Market Estimates & Forecast by Application, 2020-2027
11.4.5.3 Market Estimates & Forecast by Services, 2020-2027
11.4.5.4 Market Estimates & Forecast by Deployment, 2020-2027
11.4.6 India
11.4.6.1 Market Estimates & Forecast, 2020-2027
11.4.6.2 Market Estimates & Forecast by Application, 2020-2027
11.4.6.3 Market Estimates & Forecast by Services, 2020-2027
11.4.6.3 Market Estimates & Forecast by Deployment, 2020-2027
11.4.7 Japan
11.4.7.1 Market Estimates & Forecast, 2020-2027
11.4.7.2 Market Estimates & Forecast by Application, 2020-2027
11.4.7.3 Market Estimates & Forecast by Services, 2020-2027
11.4.7.4 Market Estimates & Forecast by Deployment, 2020-2027
11.4.8 Rest of Asia Pacific
11.4.8.1 Market Estimates & Forecast, 2020-2027
11.4.8.2 Market Estimates & Forecast by Application, 2020-2027
11.4.8.3 Market Estimates & Forecast by Services, 2020-2027
11.4.8.4 Market Estimates & Forecast by Deployment, 2020-2027
11.5 Rest of the World
11.5.1 Market Estimates & Forecast, 2020-2027
11.5.2 Market Estimates & Forecast by Application, 2020-2027
11.5.3 Market Estimates & Forecast by Services, 2020-2027
11.5.4 Market Estimates & Forecast by Deployment, 2020-2027
11.5.5 Middle East & Africa
11.5.5.1 Market Estimates & Forecast, 2020-2027
11.5.5.2 Market Estimates & Forecast by Application, 2020-2027
11.5.5.3 Market Estimates & Forecast by Services, 2020-2027
11.5.5.4 Market Estimates & Forecast by Deployment, 2020-2027
11.5.6 Latin Countries
11.5.6.1 Market Estimates & Forecast, 2020-2027
11.5.6.2 Market Estimates & Forecast by Application, 2020-2027
11.5.6.3 Market Estimates & Forecast by Services, 2020-2027
11.5.6.4 Market Estimates & Forecast by Deployment, 2020-2027
12. Company Landscape
13. Company Profiles
13.1 Solar Winds Inc. (U.S.)
13.1.1 Company Overview
13.1.2 Product/Business Segment Overview
13.1.3 Financial Updates
13.1.4 Key Developments
13.2 Cisco Systems, Inc. (U.S.)
13.2.1 Company Overview
13.2.2 Product/Business Segment Overview
13.2.3 Financial Updates
13.2.4 Key Developments
13.3 Huawei Technologies Co. Ltd (China).
13.3.1 Company Overview
13.3.2 Product/Business Segment Overview
13.3.3 Financial Updates
13.3.4 Key Developments
13.4 Nokia Corporation (Finland)
13.4.1 Company Overview
13.4.2 Product/Business Segment Overview
13.4.3 Financial Updates
13.4.4 Key Developments
13.5 ZTE Corporation (China)
13.5.1 Company Overview
13.5.2 Product/Business Segment Overview
13.5.3 Financial Updates
13.5.4 Key Developments
13.6 Info vista (France)
13.6.1 Company Overview
13.6.2 Product/Business Segment Overview
13.6.3 Financial Updates
13.6.4 Key Developments
13.7 Citrix Systems, Inc. (U.S.)
13.7.1 Company Overview
13.7.2 Product/Business Segment Overview
13.7.3 Financial Updates
13.7.4 Key Developments
13.8 NETSCOUT Systems, Inc. (U.S.)
13.8.1 Company Overview
13.8.2 Product/Business Segment Overview
13.8.3 Financial Updates
13.8.4 Key Developments
13.9 Silver Peak Systems (U.S.)
13.9.1 Company Overview
13.9.2 Product/Business Segment Overview
13.9.3 Financial Updates
13.9.4 Key Developments
13.10 Circadence Corporation (U.S.)
13.10.1 Company Overview
13.10.2 Product/Business Segment Overview
13.10.3 Financial Updates
1.10.4 Key Developments
13.11 Riverbed Technology, Inc.
13.11.1 Company Overview
13.11.2 Product/Business Segment Overview
13.11.3 Financial Updates
13.11.4 Key Developments
14 Conclusion
LIST OF TABLES
Table1 World Population by Major Regions (2020 To 2030)
Table2 Global Network Optimization Services Market: By Region, 2020-2027
Table3 North America Network Optimization Services Market: By Country, 2020-2027
Table4 Europe Network Optimization Services Market: By Country, 2020-2027
Table5 Asia-Pacific Network Optimization Services Market: By Country, 2020-2027
Table6 Middle East & Africa Network Optimization Services Market: By Country, 2020-2027
Table7 Latin America Network Optimization Services Market: By Country, 2020-2027
Table8 Global Network Optimization Services by Application Market: By Regions, 2020-2027
Table9 North America Network Optimization Services by Application Market: By Country, 2020-2027
Table10 Europe Network Optimization Services by Application Market: By Country, 2020-2027
Table11 Asia-Pacific Network Optimization Services by Application Market: By Country, 2020-2027
Table12 Middle East & Africa Network Optimization Services by Application Market: By Country, 2020-2027
Table13 Latin America Network Optimization Services by Application Market: By Country, 2020-2027
Table14 Global Network Optimization Services by Deployment Market: By Regions, 2020-2027
Table15 North America Network Optimization Services by Deployment Market: By Country, 2020-2027
Table16 Europe Network Optimization Services by Deployment Market: By Country, 2020-2027
Table17 Asia-Pacific Network Optimization Services by Deployment Market: By Country, 2020-2027
Table18 Middle East & Africa Network Optimization Services by Deployment Market: By Country, 2020-2027
Table19 Latin America Network Optimization Services by Deployment Market: By Country, 2020-2027
Table20 North America Network Optimization Services for Deployment Market: By Country, 2020-2027
Table21 Europe Network Optimization Services for Deployment Market: By Country, 2020-2027
Table22 Asia-Pacific Network Optimization Services for Deployment Market: By Country, 2020-2027
Table23 Middle East & Africa Network Optimization Services for Deployment Market: By Country, 2020-2027
Table24 Latin America Network Optimization Services for Deployment Market: By Country, 2020-2027
Table25 Global Application Market: By Region, 2020-2027
Table26 Global Deployment Market: By Region, 2020-2027
Table27 Global Deployment Market: By Region, 2020-2027
Table28 North America Network Optimization Services Market, By Country
Table29 North America Network Optimization Services Market, By Application
Table30 North America Network Optimization Services Market, By Services
Table31 North America Network Optimization Services Market, By Deployment
Table32 Europe: Network Optimization Services Market, By Services
Table33 Europe: Network Optimization Services Market, By Deployment
Table34 Europe: Network Optimization Services Market, By Application
Table35 Europe: Network Optimization Services Market, By Deployment
Table36 Asia-Pacific: Network Optimization Services Market, By Country
Table37 Asia-Pacific: Network Optimization Services Market, By Application
Table38 Asia-Pacific: Network Optimization Services Market, By Services
Table39 Asia-Pacific: Network Optimization Services Market, By Deployment
Table40 Middle East & Africa: Network Optimization Services Market, By Country
Table41 Middle East & Africa Network Optimization Services Market, By Application
Table42 Middle East & Africa Network Optimization Services Market, By Services
Table43 Middle East & Africa: Network Optimization Services Market, By Deployment
Table44 Latin America: Network Optimization Services Market, By Country
Table45 Latin America Network Optimization Services Market, By Application
Table46 Latin America Network Optimization Services Market, By Services
Table47 Latin America: Network Optimization Services Market, By Deployment
Table48 Latin America: Network Optimization Services Market, By Deployment
LIST OF FIGURES
FIGURE 1 Global Network Optimization Services market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Network Optimization Services Market
FIGURE 4 Value Chain of Global Network Optimization Services Market
FIGURE 5 Share of Global Network Optimization Services Market in 2020, by country (in %)
FIGURE 6 Global Network Optimization Services Market, 2020-2027,
FIGURE 7 Sub segments of Application
FIGURE 8 Global Network Optimization Services Market size by Application, 2020
FIGURE 9 Share of Global Network Optimization Services Market by Application, 2020 TO 2027
FIGURE 10 Global Network Optimization Services Market size by Services, 2020
FIGURE 11 Share of Global Network Optimization Services Market by Services, 2020 TO 2027
FIGURE 13 Global Network Optimization Services Market size by Deployment, 2020
FIGURE 14 Share of Global Network Optimization Services Market by Deployment, 2020 TO 2027