Network Services are Experiencing Transformation
The global enterprise network services market has experienced modest contraction in recent years with this capital-intensive and mature market. Key macroeconomic factors, including elevated interest rates and persistent inflation, have exerted downward pressure on market dynamics. In addition, price compression in network services has intensified as competition rises and firms leverage cost-reducing technologies. The adoption of software-defined networking has further contributed to this trend by enabling enterprises to shift to lower-cost, cloud-based network access and services. These declines are not entirely offset by areas that are growing for network providers, such as managed services, expanding to the LAN, security offerings, private 5G, and the internet of things. The challenge of today’s operators is supporting both legacy and modern infrastructures.
The market includes more than 35 players, but the top 4 hold a combined 55.0% market share. The projected revenue CAGR from 2023 is 2028 is 1.5%, with connection CAGR of 2.9%
Table of Contents
Scope of Analysis- Scope of Analysis
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Network Services Industry
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Revenue Forecast
- Revenue Forecast Analysis
- Connection Forecast
- Connection Forecast Analysis
- Growth Opportunity 1: Continue Layering in Security
- Growth Opportunity 2: Monetize Observability
- Growth Opportunity 3: Expand Private 5G
- Benefits and Impacts of Growth Opportunities
- Next Steps
- List of Exhibits
- Legal Disclaimer
- Enterprise Network Services: Growth Metrics, Global, 2023
- Enterprise Network Services: Growth Drivers, Global, 2024-2028
- Enterprise Network Services: Growth Restraints, Global, 2024-2028
- Enterprise Network Services: Revenue Forecast, Global, 2023-2028
- Enterprise Network Services: Connection Forecast, Global, 2023-2028
