Press release
Network Outsourcing Market: Outsourcing Strategies for Next-Generation Network Operations To Rise at 8.7% CAGR With Global Leading Players - Sun Microsystems, At&T, Accenture, Amazon, Ericsson, IBM Global services
Network Outsourcing
The Global Network Outsourcing Market is expected to grow at a CAGR of 8.7% during the forecast period. The development of workforce skills and reduction in operational costs are some of the factors bolstering the market growth. However, opportunism by some of the external merchants is restraining the market.
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Industry Insights:
Network outsourcing refers to a service wherein organization receives network management, enhancement and maintenance services such as voice and data carriage, network ad & integration, telephony, consulting services, network system infrastructure deployment & support services and cross functional services from a third part or an external service provider. Network outsourcing helps in reducing the workload relating to operation and administration from an organization but also improves productivity and efficiency of the services.
Major Players:
Some of the key players in the Global Network Outsourcing market are Sun Microsystems, At&T, Accenture, Amazon, Cisco, Ericsson, Huawei, Hewlett-Packard, IBM Global services, Nokia Siemens Networks, Siemens Enterprise, Fujitsu Enterprise, Verizon, Lucent Technologies, BellSouth Network Outsourcing, Colt Group, Computer Sciences Corporation (CSC), Deutsche Telekom T-Systems, EDS Technologies Private Limited, Hughes Network Solutions and Nortel Network Outsourcing.
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Market Segmentation:
By technology, web service is software that makes it accessible over the internet and makes use of a standardized XML messaging system. It is equipped with collection of open protocols and standards used for exchanging data between applications or systems.XML is used for encoding all communications to a web service.
Asia Pacific has witnessed to be the fastest growing market over the forecast period. Emerging economies such as India and China are the leading markets for the network outsourcing as these are the most inhabited countries with the availability of skilled man power and their willingness to work on lower wages. IT industry is anticipated to be the leading segment in market owing to its prominent share and is projected to continue its dominance over the forecast period. The market for IT industry is mainly driven by increasing adoption of IT sector in network outsourcing market and technological advancements.
Engagement Models Covered:
• End-to-end Services
• On-demand Services
Technologies Covered:
• Autonomic Computing Attributes
• Bandwidth Management
• Business Center Technology
• Cross Layer Traffic Engineering
• Digital Loop Carrier (DLC) Network Nodes
• Graphics
• Instant Messaging
• Interconnection
• Java
• Modular Component Style Architecture
• Open Specification Servers
• Unified Messaging
• VPN Topologies
• Web Services
• Wireless Network Technologies
Services Covered:
• Network Implementation Services
• Network Infrastructure Provisioning
• Network Monitoring
• Network Security
• Voice & Data Carriage
• Other Services
Applications Covered:
• Media & Entertainment
• Manufacturing
• IT & Telecommunication
• Healthcare & Life Sciences
• Government
• Energy & Power
• Defense
• Banking, Financial Services & Insurance (BFSI)
• Transport & logistics
• Retail
• Public sector
• Other Applications
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Our main goal is to Boost and Associate organizations to Build everlasting strategic enhancement and recognize growth Purpose. The organization assists its clients to accomplish business policies and achieve Continuous growth in their respective market domain.
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