Network Optimization Services Market 2018 Development Strategy, Gross Margin Analysis, Opportunities, Industrial Insights, Competitive Landscape, Future Plans and Trends By Forecast 2023

Market Research Future
Market Research Future published a research report on “Network Optimization Services Market Research Report -Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Synopsis of the Global Network Optimization Services Market

Network optimization used for refining network performance for a certain given situation. It is reflected as a significant constituent of operative information systems management. Network optimization plays an important role in the industrial enterprise network management because the growth of the information technology is producing large volumes of data and therefore the companies are consuming larger network bandwidths. If proper network optimization is not done, this fast and continuous growth can add stress to the network architecture of the concerned environment or organization. Network optimization services are accepted by corporations across the globe due to the growing number of branch offices and data centers. Additionally, the growing practice of virtualization is also driving the growth of the market. However, the network optimization service providers with progressions in the Software-as-a-Service (SaaS) technology, are improving their solutions to lift their revenue progression.

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Regional Analysis

By geography, the market is segmented into North America, Europe, Asia Pacific, and Rest of the world. North America is expected was the largest market in 2016 and is expected to dominate the market during the forecast period. North America consists of developed economies, such as the US and Canada. Companies are eagerly capitalizing in North America. The major factor adding fuel to the growth of the North American market is rapid adoption of emerging technologies, such as smartphones and cloud platforms, stable economy, technology enhancements, and infrastructure costs. Additionally, the increased cloud deployments and growing adoption of online service delivery are contributing to the growth of the network optimization market. Furthermore, many organizations in this region have adopted inorganic growth strategies to strengthen their presence across the world. Europe is expected to show a steady growth over the forecasted period as the market is already matured in countries like the U.K and Germany. Although, Asia Pacific does not hold much of the market share, but the region is expected to grow at a rapid rate due to presence of emerging countries like Japan, India, China and Australia are the major contributors to the Network Optimization Services Market in APAC adopting the cloud and mobile technologies and has a favorable market for network optimization solution and service vendors.

Segmentation

The global Network Optimization Services Market is segmented into the application, service type, deployment, industry, and region. On the basis of the application, the market is segmented into Local Area Network (LAN) optimization, Wide Area Network (WAN) optimization, Radio Access Network (RAN), and data center optimization. On the basis of the services, the market is segmented into implementation service, consulting service, maintenance & support services, and managed services. On the basis of the deployment, the network optimization services can be deployed either on-cloud or on-premise. The global network optimization services market is expected to reach 8 billion by 2023.

Key Players

Some of the prominent players in the market: SolarWinds 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 among others

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Intended Audience

  • Network optimization services providers
  • Network management solution providers
  • WAN optimization services providers
  • Data Analytics vendors
  • Cloud Service providers
  • Project accounting solution providers
  • Value-added resellers
  • Research firms

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