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Proactive Services Market by Service, Application, Technology Type, Organization Size, Vertical And Region - Global Forecast to 2022

Proactive Services Market: Global Forecast until 2022

  • November 2017
  • 141 pages
  • ID: 5233132
In this report:
The proactive services market size is expected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022, at a Compound Annual Growth Rate (CAGR) of ##.##% from 2017 to 2022.
North America is expected to hold the largest market share of ##.##% in the overall proactive services market in 2017; it is estimated to grow at a CAGR of ##.##% between 2017 and 2022.

Summary

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Increasing focus on enhancing customer experience and high cost associated with unplanned IT infrastructure outages are driving the proactive services market.

The overall proactive services market size is forecasted to grow from ~$1.6B in 2017 to ~$4.3B by 2022, at an estimated Compound Annual Increase rate of 21.60 percent during the forecast period. The industry is influenced by increasing need for scalable and flexible proactive services, and possibilities created with technological improvements in the IT infrastructure. On the other hand, variation in performance over cloud and lack of enterprise expertise are main restraints for the proactive services market increase

Network management application is planned to hold the main market size during the estimate period.

The network management applications are gaining traction very quick in the current market scenario, as corporations have realized that it is the best way to prevent unplanned IT infrastructure outages. Any unplanned IT infrastructure outage will result in a significant loss to organizations and if the outages are recurring then it will affect the organization's revenues

SMEs segment is intended to hold the main market size during the outlook period.

The SMEs segment is anticipated to grow at a better compound annual growth rate during the estimate period. Institutions with less than 1,000 employees are categorized as SMEs. The increased competition has prompted SMEs to invest in proactive services for better quality of network performance across institutions and make efficient decisions for their business rise. More than big enterprises, SMEs face resource crunch and require methods to solve the complexities for better cost optimization on their assets and requirements. The growing usage of complex IT infrastructure among different organizations has led to the implementation of proactive services among SMEs as well

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. Top factors driving the increase of proactive 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 IT infrastructure have encouraged organizations to take proactive services. Asia-Pac consists of increasing economies and has a favorable market for proactive service vendors. India (IN), China (CN), Australia (AU), and Japan (JP) are the main contributors to the proactive 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 - 45.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 30.0 percent, ROW - 5.0 percent

The proactive services ecosystem comprises main vendors, including Cisco Systems (NASDAQ:CSCO), Hewlett Packard Enterprise, Microsoft, IBM (NYSE:IBM), Ericsson (NASDAQ:ERIC), Juniper Networks, Huawei, Nokia Networks, Avaya, Fortinet, Symantec, DXC Technology, and McAfee.

Segment Research

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

Reasons to Buy the Report

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

1. The document breaks down the proactive 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 industry verticals 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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