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Network Optimization Services Market by Services, Application Type, Deployment Type, Organization Size, Industry Vertical And Region - Global Forecast to 2022

Network Optimization Services Market: Global Forecast until 2022

  • November 2017
  • 134 pages
  • ID: 5219035
In this report:
THE WAN OPTIMIZATION SEGMENT IS EXPECTED TO DOMINATE THE NORTH AMERICAN REGION BY REACHING THE PROJECTED MARKET SIZE OF USD ##,##.## MILLION BY 2022, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD.
THE MARKET SIZE OF THE WAN OPTIMIZATION SEGMENT IS EXPECTED TO GROW FROM USD ##,##.## MILLION IN 2017 TO USD ##,##.## MILLION BY 2022, AT THE HIGHEST CAGR OF ##.##% DURING THE FORECAST PERIOD.

Summary

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Increasing number of branch offices and data centers, increase in usage of IP video and virtualization, and network optimization as a cloud service are driving the network optimization services market.

The network optimization services market size is forecasted to grow from ~$4.8B in 2017 to ~$9.1B by 2022, at an estimated Compound Annual Increase rate of 13.70 percent during the forecast period. This industry is influenced by increasing need for scalable and flexible network optimization services, and possibilities created with technological improvements in network infrastructure. On the other hand, variation in performance over cloud and lack of enterprise expertise is one of the restraints for the network optimization services market increase.

WAN Optimization solution is planned to hold the main market size during the outlook period.

The WAN optimization solutions are gaining traction very quick in the current market scenario. This increasing interest of organizations is due to the fact that corporations have realized that it is the best way to implement network and application optimization on branch office networks. Most of the enterprises have taken applications out of branch offices and consolidated them in centralized data centers, and the work force accessing these applications is highly distributed at distant locations.

On-premises deployment is intended to hold the main market size during the estimate period.

The on-premises deployment refers to the installation of the application on the premises of an organization, rather than at some remote facility. On-premises solutions are delivered on a one-time license fee, together with a service agreement. As this deployment requires huge infrastructure and its own data center, institutions that can afford this cost usually deploy on-premises solutions.

Accordingly, Small and Medium-Sized Enterprises often face the dilemma of choosing between hosted and on-premises solutions. With advantages, including control over the system and info, and dedicated staff for maintenance and support, it also comes with different drawbacks, including high deployment cost and good infrastructure requirements, which is not always possible for every organization to invest in. Nevertheless, the rise of on-premises deployment type is being affected by the quick development of cloud computing solutions.

North America continent is forecasted to hold the main market size during the outlook period.

North America (NA) has the first-mover advantage in the adoption of new technologies, including a smartphones and cloud platforms. Firms are willingly investing in North America continent. The factors driving the increase of the network optimization services market in North America (NA) are stable economy, technology enhancements, and infrastructure costs.

The expenditure on IT infrastructure has been a main issue for several organizations in the territory. The need to enhance the performance and growth the efficiency of local networks, RAN and WAN has encouraged organizations to take network optimization services. Asia-Pac is one of the quickest-increasing economies and has a favorable market for network optimization solution and service vendors. Countries such as india (IN), China (CN), Australia (AU), and Japan (JP) are the main contributors to the network optimization services market in Asia-Pacific.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The distribution of profiles of primary members taking part is given below as:

• By company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By description: C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

• By area: North America continent - 48.0 percent, Europe (EU) - 22.0 percent, Asia-Pac - 22.0 percent, Latin America area - 4.0 percent, and MEA -4.0 percent

The network optimization services ecosystem comprises main vendors, including Riverbed Technology, NetScout Systems, SolarWinds, Cisco Systems (NASDAQ:CSCO), Huawei, Nokia Corporation, ZTE, InfoVista, Citrix, Circadence, FatPipe Networks, and Silver Peak.

Segment Research

The study includes detailed competitive review of these main actors in the network optimization services market, with their company descriptions, recent evolutions, and key industries strategies. The research document breaks down the network optimization services market by application, service, deployment type, organization size, vertical, and area.

Reasons to Buy the Report

The analysis on the overall network optimization services market will facilitate competitors/new sector entrants in the sector in these ways:

1. The document breaks down the network optimization services market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments. The industry numbers are further split across different industries and localities.

2. The market research benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners in better understanding the players and gaining additional insights to better option their businesses. There is a separate division on opposing landscape, including competitor ecosystem, and mergers and acquisitions. Also, there are company profiles of 13 main vendors in this sector. In this part, industry internals have been provided that can put them ahead of the competitors.

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