The market for network consulting services is anticipated to expand significantly during the forecast period due to an increase in ICT investment. The industry has expanded as a result of escalating internet usage and an increased need for effective network infrastructure. However, a significant aspect limiting industry expansion is high server downtime and server consulting system costs. On the other hand, the rapid development of IT and wireless networking technologies, coupled with the adoption of machine learning (ML) and big data analytics, such as the internet of things (IoT) and artificial intelligence (AI), is anticipated to fuel the growth of the network consulting services market during the forecast period.
The network consulting services market research is segmented into type, organization size, end-use vertical, and regions. On the basis of type, the market is bifurcated into network designing & planning, network testing, and others. On the basis of organization size, it is divided into small & medium-sized enterprises (SMEs) and large enterprises. On the basis of end-use vertical, the market is segmented into BFSI, healthcare, education, IT & telecom, government, retail, and others.
Region-wise, the network consulting services market trends are analyzed across North America (the U. S. and Canada), Europe (UK, Germany, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Here, Asia-Pacific dominates shares, whereas North America is considered the fasted growing region, during the forecast period.
The market for network consulting services has a number of local, regional, and international firms that are active and well-represented. Rapid technical development has opened up a lot of commercial prospects. Players in the industry are always concentrating on creating cutting-edge technology solutions for their clients. Key players operating in the market are Accenture plc, Capgemini SE, Cisco Systems, Inc., Dell Technologies Inc., Telefonaktiebolaget LM Ericsson, Fujitsu Limited, IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd.
KEY BENEFITS FOR STAKEHOLDERS
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The report includes an analysis of the regional as well as global network consulting services market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Vertical
- Government
- Retail
- BFSI
- Healthcare
- Education
- Energy and Utilities
- IT and telecom
- Others
By Type
- Network Designing and Planning
- Network Testing
- Others
By Organization Size
- SMEs
- Large Enterprise
By Region
- North America
- U. S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Accenture plc
- capgemini
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Telefonaktiebolaget LM Ericsson
- fujitsu limited
- ibm corporation
- Oracle Corporation
- Hewlett Packard Enterprise Company
- Huawei Technologies Co., Ltd.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: NETWORK CONSULTING SERVICES MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Network Designing and Planning
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Network Testing
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: NETWORK CONSULTING SERVICES MARKET, BY ORGANIZATION SIZE
5.1 Overview
5.1.1 Market size and forecast
5.2 SMEs
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Large Enterprise
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: NETWORK CONSULTING SERVICES MARKET, BY VERTICAL
6.1 Overview
6.1.1 Market size and forecast
6.2 BFSI
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Healthcare
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Education
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Energy and Utilities
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 IT and telecom
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
6.7 Government
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market analysis by country
6.8 Retail
6.8.1 Key market trends, growth factors and opportunities
6.8.2 Market size and forecast, by region
6.8.3 Market analysis by country
6.9 Others
6.9.1 Key market trends, growth factors and opportunities
6.9.2 Market size and forecast, by region
6.9.3 Market analysis by country
CHAPTER 7: NETWORK CONSULTING SERVICES MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Organization Size
7.2.4 North America Market size and forecast, by Vertical
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by Organization Size
7.2.5.1.3 Market size and forecast, by Vertical
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by Organization Size
7.2.5.2.3 Market size and forecast, by Vertical
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Organization Size
7.3.4 Europe Market size and forecast, by Vertical
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by Organization Size
7.3.5.1.3 Market size and forecast, by Vertical
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by Organization Size
7.3.5.2.3 Market size and forecast, by Vertical
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by Organization Size
7.3.5.3.3 Market size and forecast, by Vertical
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by Organization Size
7.3.5.4.3 Market size and forecast, by Vertical
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by Organization Size
7.3.5.5.3 Market size and forecast, by Vertical
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Type
7.3.5.6.2 Market size and forecast, by Organization Size
7.3.5.6.3 Market size and forecast, by Vertical
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Organization Size
7.4.4 Asia-Pacific Market size and forecast, by Vertical
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by Organization Size
7.4.5.1.3 Market size and forecast, by Vertical
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by Organization Size
7.4.5.2.3 Market size and forecast, by Vertical
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by Organization Size
7.4.5.3.3 Market size and forecast, by Vertical
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by Organization Size
7.4.5.4.3 Market size and forecast, by Vertical
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by Organization Size
7.4.5.5.3 Market size and forecast, by Vertical
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Type
7.4.5.6.2 Market size and forecast, by Organization Size
7.4.5.6.3 Market size and forecast, by Vertical
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Organization Size
7.5.4 LAMEA Market size and forecast, by Vertical
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by Organization Size
7.5.5.1.3 Market size and forecast, by Vertical
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by Organization Size
7.5.5.2.3 Market size and forecast, by Vertical
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by Organization Size
7.5.5.3.3 Market size and forecast, by Vertical
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Accenture plc
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 capgemini
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Cisco Systems, Inc.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Dell Technologies Inc.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Telefonaktiebolaget LM Ericsson
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 fujitsu limited
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 ibm corporation
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Oracle Corporation
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Hewlett Packard Enterprise Company
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Huawei Technologies Co., Ltd.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Network Consulting Services Market,' the network consulting services market was valued at $14.7 billion in 2021, and is estimated to reach $27.9 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.Network consulting services offer full lifecycle services, from strategy and evaluation through design and deployment to continuous monitoring and maintenance, to assist customers to meet the possibilities and problems of networking infrastructure. By strategically prioritizing and connecting your networking, operational, and business demands, these network consulting services enable you to make the most of technologies like software-defined networking (SDN) and network functions virtualization (NFV).
According to network consulting services market research, the IT & telecom and BFSI segments collectively accounted for around 40.2% market share in 2021, with the former constituting around 23.6% share. The education and healthcare segments are expected to witness considerable CAGRs of 9.6% and 8.0%, respectively, during the forecast period.
The current estimation of 2031 is projected to be higher than pre-COVID-19 estimates. The COVID-19 outbreak has high impact on the growth of the network consulting services market, as an increasing number of commercial wireless connectivity networks, growing adoption of cloud computing solutions, and surging adoption of automation and machine learning systems (ML) provide lucrative opportunities for the growth of the network consulting services market. Therefore, during the forecast period, the need to manage costs in post-COVID-19 environments will undoubtedly be a significant growth driver for the use of network consulting services market analysis across various verticals.
Numerous workers are now working from home for the first time as a result of the rising COVID-19 instances throughout the globe. The risk to network security has escalated due to this distant workforce. Businesses require the appropriate solutions to support network infrastructure flexibility and protection for remote working. Prior to making any more network improvements, network consulting services assist firms in identifying their network risks and weaknesses. As a result, during the pandemic, network consulting services have risen in popularity. popular. Consequently, COVID-19 has had a significant impact on the network consulting services market forecast data.
Region-wise, Asia-Pacific held a significant global network consulting services market share, due to the region’s expanding 5G and wireless connectivity penetration, China currently dominates the regional market for Asia-Pacific. The main drivers of the growth of the network consulting services market size is in Asia-Pacific are the rapid advancements in the network as a service (NaaS) technology and the rise in awareness for personalized network design and planning. Moreover, rapid urbanization and an increase in ICT to enhance the network infrastructure and streamline technological network performance management are the primary factors that drive the growth of the network consulting services industry in Asia-Pacific, North America, and Europe.
KEY FINDINGS OF THE STUDY
By type, in 2021, network designing & planning was the highest revenue contributor to the market, with $9,158.6 million in 2021. However, the network testing segment is estimated to reach $6,053.3 million by 2031, at a significant CAGR of 5.9% during the forecast period.By organization size, the large enterprise segment was the highest revenue contributor to the market, with $11,114.1 million in 2021. However, the SME segment is estimated to reach $5,609.9 million by 2031, at a significant CAGR of 4.7% during the forecast period.
By end-use vertical, the IT & telecom segment was the highest revenue contributor to the market, with $3,471.1 million in 2021. However, the BFSI segment is estimated to reach $4,193.4 million by 2031, at a significant CAGR of 5.7% during the forecast period.
Region-wise, the network consulting services market growth was dominated by Asia-Pacific. However, North America and Europe are expected to witness a significant growth rate during the forecasted period.
Key players profiled in the report include Accenture plc, Capgemini SE, Cisco Systems, Inc., Dell Technologies Inc., Telefonaktiebolaget LM Ericsson, Fujitsu Limited, IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Company, and Huawei Technologies Co., Ltd. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the network consulting services industry.
Companies Mentioned
- Accenture PLC
- Capgemini
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Telefonaktiebolaget Lm Ericsson
- Fujitsu Limited
- IBM Corporation
- Oracle Corporation
- Hewlett Packard Enterprise Company
- Huawei Technologies Co. Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 204 |
Published | October 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 14680.5 million |
Forecasted Market Value ( USD | $ 27892.6 million |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |