Network Optimization Services Market by Application Type

The new report published by The Business Research Company, titled ""Network Optimization Services Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the network optimization services market size has grown rapidly in recent years. It will grow from $6.75 billion in 2023 to $7.73 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The network optimization services market size is expected to see rapid growth in the next few years. It will grow to $13.74 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7955&type=smp

Surge In Data Center Numbers Propels Growth In The Network Optimization Services Market
The increase in number of data centers is expected to propel the growth of the network optimization services market going forward. A data center is defined as a facility made up of networked computers, storage systems, and computational infrastructure to gather, analyze, store, and distribute massive volumes of data. Network optimization services help data centers improve network virtualization, balance traffic, and help eliminate needless control traffic on the infrastructure. For instance, in May 2021, according to CloudScene data, an Australia-based data center services firm, there will be about 2.6K data centers spread out over the United States. As of January 2021, there were around 8K data centers worldwide, spread throughout the 110 countries for which information was available. Approximately 64% are in NATO nations, while 77% are found in OECD members. Therefore, the increasing number of data centers is driving the growth of the network optimization services market.

Harnessing Advanced Technologies For Optimal Network Performance In The Network Optimization Services Market
Advanced technologies are a key trend gaining popularity in the network optimization services market. Major market players are using advanced technologies to sustain their position in the network optimization services market. For instance, in May 2021, Nokia launched the world's first AI technology use case library for telecom operators on the public cloud to securely streamline and optimize network operations and optimize network coverage, capacity, and performance. Artificial intelligence technology and analytics are used by Nokia's AVA AI as a service to maintain a first-rate, optimized service for subscribers, assisting in the prediction and resolution of problems before they arise. Its unique features include accurate detection of network anomalies, and a 50% reduction in radio frequency optimization cycle times, enabling more frequent and less expensive operations, delivering as a service on Microsoft Azure's public cloud, combining telco-grade security and instant web-scale architecture scalability, increasing efficiency, reducing energy consumption, and improving customer experience.

The network optimization services market covered in this report is segmented -

1) By Service: Implementation, Consulting, Support and Maintenance
2) By Deployment Mode: On-premises, Cloud-based
3) By Organization Size: Small and Medium Enterprise, Large Enterprise
4) By Application: Local Network Optimization, Wan Optimization, Ran Optimization, Data Center Optimization
5) By Industry Vertical: IT and Telecom, BFSI, Government and Defense, Transportation and Logistics, Manufacturing Consumer Goods and Retail, Media and Entertainment, Energy and Utility, Healthcare and Life Sciences, Education

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7955&type=discount

Major companies operating in the network optimization services market report are SolarWinds Corporation, Array Networks Inc., Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., Huawei Technologies Company Limited, Infovista Ltd., Juniper Networks Inc., NetScout Systems Inc., Nokia Corporation, PC Connection Inc., Riverbed Technology Inc., TEOCO Corporation, Verizon Communications Inc., ZTE Corporation, A10 Networks Inc., Akamai Technologies Inc., Alcatel-Lucent Enterprise SAS, ALE International SA, Symantec Corp., Ciena Corp., Dell Technologies Inc., Telefonaktiebolaget LM Ericsson, Extreme Networks Inc., F5 Networks Inc., Fortinet Inc., Gigamon Inc., Hewlett Packard Enterprise Co., InfoBlox Inc., Masergy Communications Inc., Palo Alto Networks Inc., Radware Inc., Silver Peak Systems Inc., Vmware Inc., Zscaler Inc.

Contents of the report:
1. Executive Summary
2. Network Optimization Services Market Report Structure
3. Network Optimization Services Market Trends And Strategies
4. Network Optimization Services Market - Macro Economic Scenario
5. Network Optimization Services Market Size And Growth
…..
27. Network Optimization Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/network-optimization-services-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.