Technavio Says the Need to Enhance Operational Efficiency will Bode Well for the Network Consulting Market

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Technavio, a tech-focused market research firm, has published a new report on the global network consulting market, which is expected to grow at a CAGR of close to 7% during the forecast period 2017-2021.

Based on geographical segmentation, Technavio market researchers categorize the global network consulting market into the following key regions: the Americas, APAC, and EMEA.

                                                                                                                                                 Source: Technavio

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Global network consulting market in the Americas:

The demand for network consulting in the Americas is relatively high, especially in South America, and this demand originates mainly from the large and small organizations in both private and government sectors.

According to Ishmeet Kaur, a lead analyst at Technavio, specializing in research on enterprise application, “The need for firms in the US to develop network infrastructure to gain a competitive edge in the market and the increasing complexity of the process are the key drivers of the network consulting market in the Americas. Moreover, the requirement to enhance the operational efficiency of defense organizations and increased installation of cyber security solutions in various organizations is also contributing to the market growth in the region.”

Global network consulting market in EMEA: The network consulting market in Europe has lots of opportunities as many organizations are implementing solutions to modernize their IT infrastructure. Organizations located in Germany, France, the UK, and Spain, are adopting IT solutions for application and infrastructure management. The growing number of SMEs has a significant influence on the development of the IT market in Europe.

Global network consulting market in APAC: The rising demand for low-cost IT solutions and public sector expenditure in IT-related projects are the key factors responsible for the increased adoption of network consulting services in APAC. The on-going IT modernization projects in the sectors such as healthcare, telecom, BFSI, and retail have encouraged organizations to implement flexible IT solution to achieve economy of scale.

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The top vendors operating in the global network consulting market are:

  • Cisco Systems
  • HPE
  • Huawei Technology
  • Fujitsu
  • IBM

Other prominent vendors in the market include Alcatel-Lucent (Nokia), Capgemini, Dell, Ericsson, Getronics, HCL Technologies, Infosys, Juniper Networks, Microland, Nokia, Oracle, TCS, and Unisys.

A more detailed analysis is available in the Technavio report titled, ‘Global network consulting Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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