Network Consulting Services Market By Type (Network Designing and Planning, Network Testing, Others), By Organization Size (SMEs, Large Enterprise), By Vertical (BFSI, Healthcare, Education, Energy and Utilities, IT and telecom, Government, Retail, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The network consulting services market was valued at $14,680.5 million in 2021 and is projected to reach $27,892.6 million by 2031, registering a CAGR of 6.7% from 2022 to 2031. Network consulting services assist business organizations design efficient data technology networks and maintaining them functioning properly. The design of the networks may incorporate a variety of possibilities for voice-over-internet protocol hardware, operations, software programs, and other elements that comprise the entire infrastructure for information technology.
The market for network consulting services is anticipated to expand significantly during the forecast period due to an increase in ICT investment. The industry has expanded as a result of escalating internet usage and an increased need for effective network infrastructure. However, a significant aspect limiting industry expansion is high server downtime and server consulting system costs. On the other hand, the rapid development of IT and wireless networking technologies, coupled with the adoption of machine learning (ML) and big data analytics, such as the internet of things (IoT) and artificial intelligence (AI), is anticipated to fuel the growth of the network consulting services market during the forecast period.
The network consulting services market research is segmented into type, organization size, end-use vertical, and regions. On the basis of type, the market is bifurcated into network designing & planning, network testing, and others. On the basis of organization size, it is divided into small & medium-sized enterprises (SMEs) and large enterprises. On the basis of end-use vertical, the market is segmented into BFSI, healthcare, education, IT & telecom, government, retail, and others.
Region-wise, the network consulting services market trends are analyzed across North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Here, Asia-Pacific dominates shares, whereas North America is considered the fasted growing region, during the forecast period.
The market for network consulting services has a number of local, regional, and international firms that are active and well-represented. Rapid technical development has opened up a lot of commercial prospects. Players in the industry are always concentrating on creating cutting-edge technology solutions for their clients. Key players operating in the market are Accenture plc, Capgemini SE, Cisco Systems, Inc., Dell Technologies Inc., Telefonaktiebolaget LM Ericsson, Fujitsu Limited, IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the network consulting services market analysis from 2021 to 2031 to identify the prevailing network consulting services market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the network consulting services market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes an analysis of the regional as well as global network consulting services market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Vertical
Government
Retail
BFSI
Healthcare
Education
Energy and Utilities
IT and telecom
Others
By Type
Network Designing and Planning
Network Testing
Others
By Organization Size
SMEs
Large Enterprise
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Accenture plc
capgemini
Cisco Systems, Inc.
Dell Technologies Inc.
Telefonaktiebolaget LM Ericsson
fujitsu limited
ibm corporation
Oracle Corporation
Hewlett Packard Enterprise Company
Huawei Technologies Co., Ltd.
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