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DUBLIN, June 10, 2022 /PRNewswire/ -- The 'Network Optimization Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027' report has been added to ResearchAndMarkets.com's offering.
The global network optimization services market reached a value of US$ 3.71 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 9.92 Billion by 2027 exhibiting a CAGR of 16.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.Network optimization services refer to a set of technologies and techniques that help businesses improve their network domain functionality. They also maximize network utilization, secure optimal performance and improve the user experience while assisting enterprises in achieving their business goals and gaining a competitive edge in the market.
These services include local network optimization, data center optimization, wide area network (WAN) optimization, and radio access network (RAN) optimization. Nowadays, service providers offer optimization solutions to transform network engineering from labor-intensive and reactive to automated, proactive, and artificial intelligence (AI)-powered. In recent years, network optimization services have gained traction across the globe since they help businesses detect and resolve network anomalies much faster and efficiently to maintain a consistent user experience and performance.Network optimization services enhance the efficiency and capabilities of network management systems, processes and personnel to maximize returns on investment (ROI). As a result, organizations are rapidly adopting network optimization solutions to facilitate seamless data transmission, eliminate latency issues and reduce costs, which represents the primary factor driving the market growth.
Additionally, significant advancements in network infrastructure and the increasing number of data centers are other major growth-inducing factors. Besides this, the growing usage of Voice-over-Internet Protocol (VoIP) services and the rising awareness regarding the benefits of network optimization are augmenting the product demand.
Furthermore, due to the recent outbreak of coronavirus disease (COVID-19), businesses are increasingly adopting work-from-home (WFH) policies and, therefore, employing advanced measures to enhance the performance and security of their network infrastructure.
This, in confluence with the rising network threats, such as hacking and data breaches, is positively influencing the market growth. Other factors, including the widespread adoption of virtualization and cloud computing solutions, technological advancements, changing user requirements, and emerging applications across various end use industries, are also creating a positive market outlook.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Array Networks Inc., Circadence, Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., Huawei Technologies Co. Ltd., InfoVista S.A., NETSCOUT Systems Inc., Nokia Corporation, Riverbed Technology Inc., SolarWinds Inc. and ZTE Corporation. Key Questions Answered in this Report:
- How has the global network optimization services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global network optimization services market?
- What are the key regional markets?
- What is the breakup of the market based on the service?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global network optimization services market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview4.2 Key Industry Trends 5 Global Network Optimization Services Market 5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast 6 Market Breakup by Service 6.1 Implementation6.1.1 Market Trends6.1.2 Market Forecast6.2 Consulting6.2.1 Market Trends6.2.2 Market Forecast6.3 Support and Maintenance6.3.1 Market Trends6.3.2 Market Forecast 7 Market Breakup by Organization Size 7.1 Small and Medium-sized Enterprise7.1.1 Market Trends7.1.2 Market Forecast7.2 Large Enterprise7.2.1 Market Trends7.2.2 Market Forecast 8 Market Breakup by Deployment Mode 8.1 On-premises8.1.1 Market Trends8.1.2 Market Forecast8.2 Cloud-based8.2.1 Market Trends8.2.2 Market Forecast 9 Market Breakup by Application 9.1 Local Network Optimization9.1.1 Market Trends9.1.2 Market Forecast9.2 WAN Optimization9.2.1 Market Trends9.2.2 Market Forecast9.3 RAN Optimization9.3.1 Market Trends9.3.2 Market Forecast9.4 Data Center Optimization9.4.1 Market Trends9.4.2 Market Forecast 10 Market Breakup by Industry Vertical 10.1 IT and Telecom10.1.1 Market Trends10.1.2 Market Forecast10.2 BFSI10.2.1 Market Trends10.2.2 Market Forecast10.3 Government and Defense10.3.1 Market Trends10.3.2 Market Forecast10.4 Transportation and Logistics10.4.1 Market Trends10.4.2 Market Forecast10.5 Manufacturing10.5.1 Market Trends10.5.2 Market Forecast10.6 Consumer Goods and Retail10.6.1 Market Trends10.6.2 Market Forecast10.7 Media and Entertainment10.7.1 Market Trends10.7.2 Market Forecast10.8 Energy and Utility10.8.1 Market Trends10.8.2 Market Forecast10.9 Healthcare and Life Sciences10.9.1 Market Trends10.9.2 Market Forecast10.10 Education10.10.1 Market Trends10.10.2 Market Forecast 11 Market Breakup by Region 12 SWOT Analysis 13 Value Chain Analysis 14 Porters Five Forces Analysis 15 Price Analysis 16 Competitive Landscape 16.1 Market Structure16.2 Key Players16.3 Profiles of Key Players16.3.1 Array Networks Inc.126.96.36.199 Company Overview188.8.131.52 Product Portfolio184.108.40.206 Financials16.3.2 Circadence220.127.116.11 Company Overview18.104.22.168 Product Portfolio16.3.3 Cisco Systems Inc.22.214.171.124 Company Overview126.96.36.199 Product Portfolio188.8.131.52 Financials184.108.40.206 SWOT Analysis16.3.4 Citrix Systems Inc.220.127.116.11 Company Overview18.104.22.168 Product Portfolio22.214.171.124 Financials126.96.36.199 SWOT Analysis16.3.5 FatPipe Networks Inc.188.8.131.52 Company Overview184.108.40.206 Product Portfolio16.3.6 Huawei Technologies Co. Ltd.220.127.116.11 Company Overview18.104.22.168 Product Portfolio16.3.7 InfoVista S.A.22.214.171.124 Company Overview126.96.36.199 Product Portfolio16.3.8 NETSCOUT Systems Inc.188.8.131.52 Company Overview184.108.40.206 Product Portfolio220.127.116.11 Financials18.104.22.168 SWOT Analysis16.3.9 Nokia Corporation22.214.171.124 Company Overview126.96.36.199 Product Portfolio188.8.131.52 Financials184.108.40.206 SWOT Analysis16.3.10 Riverbed Technology Inc. 220.127.116.11 Company Overview18.104.22.168 Product Portfolio22.214.171.124 SWOT Analysis16.3.11 SolarWinds Inc.126.96.36.199 Company Overview188.8.131.52 Product Portfolio184.108.40.206 Financials16.3.12 ZTE Corporation220.127.116.11 Company Overview18.104.22.168 Product Portfolio22.214.171.124 FinancialsFor more information about this report visit
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