Press release
Network Optimization Services Market Growth Future Outlook, Sales, Profits & Analysis by TOP Players: SolarWinds, Cisco Systems, Huawei Technologies, Nokia Corporation, ZTE Corporation, Info Vista, Citrix Systems, NETSCOUT Systems, Silver Peak Systems, Ci
Global Network Optimization Services Market Overview:Network optimization is used to refine the performance of the network in each situation. This is reflected as an important element in the management of operational information systems. The optimization of the network plays an important role in the management of the industrial business network, since the growth of information technology produces large volumes of data, and companies consume greater network bandwidths. If the optimization of the network is not done correctly, this rapid and continuous growth can add to the network architecture of the environment or organization. Network optimization services are accepted by companies around the world due to the growing number of branches and data centres. In addition, the growing practice of virtualization is also driving market growth. However, network optimization service providers that have advanced in Software as a Service (SaaS) technology are improving their solutions to increase revenue.
Global Network Optimization Services Market Size:
According to Research Cosmos, The Global Network Optimization Services Market is expected to grow from USD 4.78 Billion in 2017 to USD 9.08 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period
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Drivers and restrictions:
The changing user requirements, rapid growth in IP and Ethernet services, increasing number of branch offices and data centres, and increase in the demand of network optimization-as-a-service over cloud are driving the evolution of the network optimization services market. In the last five years, organizations have become much more sensitive to the transparent delivery and visibility of applications on the network. The numerous software applications used by companies are now converted to web versions, which makes it easier for remote employees to access businesses. Cloud-based solutions for network optimization serve both large and small businesses. This is one of the important factors that has driven the growth of the network optimization services market. Cloud-based network optimization solutions gain market share through the advent of advanced technologies and drive growth in the network optimization market. In addition, the fact that network optimization allows transparent data transmission and eliminates latency problems is another determining factor for this market. One of the main drivers of this market is the easy transmission of high memory content through networks, which helps manage data traffic. The rapid adoption of network optimization solutions continues to gain momentum in the North American and APAC markets. This is due to the important advance in WAN and RAN optimization technology.
Geographical segmentation:
Geographically, North America has the largest market share in 2016 and is expected to dominate the market during the forecast period. The rapid adoption of emerging technologies, such as smartphones and cloud platforms, is the main driver of growth in the North American market. In addition, the increase in cloud deployments and the increasing adoption of online services is contributing to the growth of the network optimization market. In addition, organizations in this region have adopted inorganic growth strategies to strengthen their presence in the world. Europe is expected to grow steadily during the forecast period, as countries such as the United Kingdom and Germany have matured. Although Asia-Pacific does not have a large share of market share, the region is expected to grow rapidly with the presence of emerging markets, namely India, China and Australia, which are adopting cloud and mobile. Some of the main players in the market include SolarWinds Inc. (United States), Cisco Systems, Inc. (United States), Huawei Technologies Co. Ltd. (China), Nokia Corporation (Finland), ZTE Corporation (China), Info Vista (France), Citrix Systems, Inc. (United States), NETSCOUT Systems, Inc. (United States), Silver Peak Systems (United States), Circadence Corporation (United States), Riverbed Technology, Inc., among others.
Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-network-optimization-services-market-analysis-and-forecast-to-2022-growth-opportunity-asses/2905870
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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Research Cosmos
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