Colombian Data Communication Services Growth Opportunities
The Colombia business data communication services market analysis includes wide area network strategic services, such as multiprotocol label switching (MPLS), carrier Ethernet services, and dedicated internet access (DIA). MPLS services constitute nearly 62% of the total data communication services market with Ethernet and DIA making up the remaining 38%. The demand for high-capacity, IP-based private network services such as MPLS and Ethernet continues to grow, driven by the business need to interconnect enterprise branch locations, on-premises data centers, and cloud data centers. The proliferation of bandwidth-intensive voice, video, and data applications continues to dictate the need for high-capacity networks. The COVID-19 pandemic certainly impacted how businesses consume data services as employees shifted to a remote working environment. To enable seamless access to enterprise applications, businesses turned to cloud and collaboration tools. As the applications moved to cloud, service providers witnessed an increase in demand for high-speed networks to connect enterprise data centers and locations to cloud data centers.
- THE STRATEGIC IMPERATIVE 8TM
- Innovative Business Models
- Customer Value Chain Compression
- Transformative Mega Trends
- Internal Challenges
- Competitive Intensity
- Geopolitical Chaos
- Disruptive Technologies
- Industry Convergence
- STRATEGIC IMPERATIVES FOR THE COLOMBIAN DATA COMMUNICATIONS SERVICES MARKET
- GROWTH ENVIRONMENT: COLOMBIAN DATA COMMUNICATIONS SERVICES MARKET
- Continued Market Migration from TDM to Ethernet Is Driving Market Spending
- Granular Bandwidth Options and Service Multiplexing Capabilities Offered by Switched Ethernet Services Continue to Drive Market Spending
- Bandwidth-intensive Applications Require High-speed DIA Services
- Enterprise Adoption of Cloud-based Applications Will Continue to Drive DIA Service Revenue Growth
- Network Service Providers Increasingly Focus on the Customer's Digital Experience to Differentiate Their Offerings
- MARKET REVENUE FORECASTS
- Forecast Assumptions
- Forecast Discussion
- GROWTH OPPORTUNITY UNIVERSE
- Growth Opportunity 1: Cloud Connectivity Needs Will Sustain Demand for Private Network Services
- Context and Definition
- Call to Action
- Growth Opportunity 2: Managed SD-Wan Services Could Help Service Providers Sustain MPLS Demand
- Context and Definition
- Call to Action
- Growth Opportunity 3: Growing Adoption of DIA with SD-Wan Indirectly Drives Demand for Ethernet
- Context and Definition
- Call to Action
- THE LAST WORD
- GROWTH PIPELINE ENGINETM
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