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Network Consulting Service Market Size, Industry Analysis By Type (Network Designing And Planning, Network Testing), By Application (IT And Telecom, Manufacturing Industry, Retail Industry), By Organization Size (Small Enterprises And Medium Enterprises, Large Enterprises) & Region - Forecast

  • PUBLISHED ON
  • 2024-02-08
  • NO OF PAGES
  • 244
  • CATEGORY
  • Information Communication & Technology

Global Network Consulting Services Market Analysis by Type, Application, Organization Size, Region and segments forecast till 2033

Market Overview

The network consulting services market is expected to record a CAGR of 6.87%, from USD 15 Million in the year 2022 to reach a valuation of USD 27 Million by 2033.

Report Scope

Report Attributes

Description

Market Forecast in 2022

USD 15 million

Market Forecast in 2033

USD 27 million

CAGR % 2023-2033

6.87%

Base Year

2022

Historic Data

2020-2021

Forecast Period

2023-2033

Report USP

Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more

Key Companies

Cisco, IBM, Nokia, Oracle, Huawei, Unisys, Dell, Ericsson, Accenture, Hewlett Packard Enterprise and FUJITSU.

 

Global Network Consulting Services Market- Description

Network counselling administrations help organizations to assess and further develop the organization framework execution to accomplish their ideal business results. Network counselling administrations convey risk evaluation, techniques, arranging, and configuration administrations related to an organization's IT network foundation. Network counselling specialists assist organizations with figuring out their organization framework concerning adaptability, security, and availability. Network counselling administrations assist organizations with dangers and weaknesses before rolling out any further improvements in the organization.

It additionally assists organizations with tending to the open doors and difficulties related to their systems administration foundation. The organization counselling administrations lifecycle offers a comparing grouping of occasions in conveying and working a few organization innovations. The lifecycle includes various stages like examination, arranging, planning, activity, execution, and advancement.

Some of the prominent factors that are anticipated to robust the demand for Network Consulting Services in the coming years are the growing number of internet users and the overall rise in research and development activities in the field of information and communication technology. However, with technologies continuously changing, firms need to keep up with these innovations to maintain a strategic advantage over their competitors in the industry. Not only will it encourage marketers to remain ahead of their business, but it will also help them discover new applications from it.

Due to the proliferation of digitization, organizations need the right technology to enable agility, flexibility and security. As organizations worldwide tend to focus more on network performance management and improving network security, the demand for network consulting services is expected to grow in the coming years. One of the major trends that will gain traction in this market is the emergence of the Internet of Things (IoT) consulting services. The transformation of networking and communication systems through network automation will lead to the growth of IoT consulting services across the globe.

Key Trends of the Global Consulting Service Market:

·         Businesses Need the Correct Technology

Businesses need the correct technology to enable agility, and security while working on a digital platform, amid the increased demand for technology implementation is a major factor expected to thrive in the global network consulting services market during the forecast period. Propelled awareness about network consulting services and the growing need for improved network infrastructure and flexibility is projected to augment the market. As businesses across the globe tend to emphasize more on network performance management and enhance network security, demand for network consulting services is projected to increase in the coming years. This is another key factor expected to drive the market.

·         Advancement in The IoT

IoT consulting services will create a framework that brings innovation and IT security to networking systems. Thus, the advent of the Internet of Things (IoT) consulting services is projected to create opportunities for the market during the forecast period. However, the high cost associated with network consulting services is anticipated to hamper the market during the forecast period.

Segmental Analysis of the Global Networking Service Market:

Based On Type:

• Network Designing and Planning

• Network Testing

• Others

Based On Organization Size:

• Small Enterprises and Medium Enterprises

• Large enterprises

Based On Verticals or Applications:

• BFSI

• Healthcare

• Energy and Utilities

• IT and Telecom

• Government

• Retail

• Others

Global Networking Service Market: Geographical Analysis

The global networking service market is further segmented into major countries- North America, Europe and Asia-Pacific. The Asia Pacific dominated the global network consulting services market with the largest share. Growth of the market in the Asia Pacific is driven by the presence of IT companies, the emergence of SMEs, and an emphasis on utilizing network consulting service solutions by enterprises of all sizes. Emerging countries including India and China are expected to be fast-growing network consulting services markets due to the rapid adoption of new technologies. 

Global Network Consulting Services Market: Recent Developments

·         In February 2021, Accenture announced its acquisition of Electro 80, an industrial automation and control systems consulting and engineering firm. The acquisition is aimed at enhancing Accenture's network consulting capabilities for clients in the mining, oil and gas, and other industries.

·         In December 2020, Wipro announced its acquisition of Eximius Design, a California-based engineering services company specializing in network software. The acquisition is expected to strengthen Wipro's network consulting and engineering capabilities for clients in the communications, aerospace, and other industries.

Global Network Consulting Services Market: Key Companies

·         Cisco

·         IBM

·         Nokia

·         Oracle

·         Huawei

·         Unisys

·         Dell

·         Ericsson

·         Accenture

·         Hewlett Packard Enterprise

·         FUJITSU.

·         Others

Global Network Consulting Services Market: Regional Scope     

North America

·         U.S.

·         Canada

·         Mexico

Europe

·         U.K.

·         Germany

·         France

·         Italy

·         Spain

·         Rest of Europe

Asia Pacific

·         China

·         India

·         Japan

·         South Korea

·         Australia

·         Rest of Asia Pacific

South America

·         Brazil

·         Argentina

·         Rest of South America

Middle East and Africa

·         Saudi Arabia

·         UAE

·         Egypt

·         South Africa

·         Rest of Middle East and Africa

Why to buy this Report?

Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of the market they are operating in or considering entering, and make more informed decisions based on data and analysis.

Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in the market.

Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.

Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.

1.    Global Network Consulting Service Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Network Consulting Service Market  Definition & Description

1.3.  Global Network Consulting Service Market Scope and Market Estimation

1.3.1.     Global Network Consulting Service Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Network Consulting Service Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global Network Consulting Service Market

1.4.2.     Organization Size of Global Network Consulting Service Market

1.4.3.     Verticals or Applications of Global Network Consulting Service Market

1.4.4.     Region of Global Network Consulting Service Market

2.    Executive Summary

2.1.  Global Network Consulting Service Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Network Consulting Service Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.    Global Network Consulting Service Market  Estimates & Historical Trend Analysis (2020 - 2022)

4.    Global Network Consulting Service Market  Estimates & Forecast Trend Analysis, By Type

4.1.  Global Network Consulting Service Market Revenue (US$ Mn) Estimates and Forecasts, By Type, 2023 to 2033

4.1.1.     Network Designing and Planning

4.1.2.     Network Testing

4.1.3.     Others

5.    Global Network Consulting Service Market  Estimates & Forecast Trend Analysis, By Organization Size

5.1.  Global Network Consulting Service Market Revenue (US$ Mn) Estimates and Forecasts, By Organization Size, 2023 to 2033

5.1.1.     Small Enterprises and Medium Enterprises

5.1.2.     Large enterprises

6.    Global Network Consulting Service Market  Estimates & Forecast Trend Analysis, By Verticals or Applications

6.1.  Global Network Consulting Service Market Revenue (US$ Mn) Estimates and Forecasts, By Verticals or Applications, 2023 to 2033

6.1.1.     BFSI

6.1.2.     Healthcare

6.1.3.     Energy and Utilities

6.1.4.     IT and Telecom

6.1.5.     Government

6.1.6.     Retail

6.1.7.     Others

7.    Global Network Consulting Service Market  Estimates & Forecast Trend Analysis, By Region

7.1.  Global Network Consulting Service Market Revenue (US$ Mn) Estimates and Forecasts, By Region, 2023 to 2033

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.    North America  Network Consulting Service Market: Estimates & Forecast Trend Analysis

8.1.  North America Network Consulting Service Market Assessments & Key Findings

8.1.1.     North America Network Consulting Service Market Introduction

8.1.2.     North America Network Consulting Service Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  Based On Type

8.1.2.2.  Based On Organization Size

8.1.2.3.  Based On Verticals or Applications

8.1.2.4.  By Country

8.1.2.4.1.   The U.S.

8.1.2.4.2.   Canada

8.1.2.4.3.   Mexico

9.    Europe  Network Consulting Service Market: Estimates & Forecast Trend Analysis

9.1.  Europe Network Consulting Service Market Assessments & Key Findings

9.1.1.    Europe Network Consulting Service Market Introduction

9.1.2.    Europe Network Consulting Service Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.  Based On Type

9.1.2.2.  Based On Organization Size

9.1.2.3.  Based On Verticals or Applications

9.1.2.4.     By Country

9.1.2.4.1.   Germany

9.1.2.4.2.   U.K.

9.1.2.4.3.   France

9.1.2.4.4.   Italy

9.1.2.4.5.   Spain

9.1.2.4.6.   Russia

9.1.2.4.7.   Rest of Europe

10.  Asia Pacific  Network Consulting Service Market: Estimates & Forecast Trend Analysis

10.1. Asia Pacific Market Assessments & Key Findings

10.1.1.  Asia Pacific Network Consulting Service Market Introduction

10.1.2.  Asia Pacific Network Consulting Service Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.  Based On Type

10.1.2.2.  Based On Organization Size

10.1.2.3.  Based On Verticals or Applications

10.1.2.4.  By Country

10.1.2.4.1.          China

10.1.2.4.2.          Japan

10.1.2.4.3.          India

10.1.2.4.4.          Australia

10.1.2.4.5.          South Korea

10.1.2.4.6.          ASEAN

10.1.2.4.7.          Rest of Asia Pacific

11.  Middle East & Africa  Network Consulting Service Market: Estimates & Forecast Trend Analysis

11.1. Middle East & Africa Market Assessments & Key Findings

11.1.1.  Middle East & Africa  Network Consulting Service Market Introduction

11.1.2.  Middle East & Africa   Network Consulting Service Market Size Estimates and Forecast (US$ Million)  (2023 to 2033)

11.1.2.1.  Based On Type

11.1.2.2.  Based On Organization Size

11.1.2.3.  Based On Verticals or Applications

11.1.2.4.  By Country

11.1.2.4.1.  U.A.E.

11.1.2.4.2.  Saudi Arabia

11.1.2.4.3.  Egypt

11.1.2.4.4.  South Africa

11.1.2.4.5.  Rest of Middle East & Africa

12.  South America  Network Consulting Service Market: Estimates & Forecast Trend Analysis

12.1. South America Market Assessments & Key Findings

12.1.1.  South America Network Consulting Service Market Introduction

12.1.2.  South America Network Consulting Service Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

12.1.2.1.  Based On Type

12.1.2.2.  Based On Organization Size

12.1.2.3.  Based On Verticals or Applications

12.1.2.4.  By Country

12.1.2.4.1.  Brazil

12.1.2.4.2.  Argentina

12.1.2.4.3.  Colombia

12.1.2.4.4.  Rest of South America

13.  Competition Landscape

13.1. Global Network Consulting Service Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2. Global Network Consulting Service Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.    Cisco

14.1.1.    Company Overview & Key Stats

14.1.2.    Financial Performance & KPIs

14.1.3.    Product Portfolio

14.1.4.    Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.    IBM

14.3.    Nokia

14.4.    Oracle

14.5.    Huawei

14.6.    Unisys

14.7.    Dell

14.8.    Ericsson

14.9.    Accenture

14.10. Hewlett Packard Enterprise

14.11. FUJITSU.

14.12. Others**

15.  Research Methodology

15.1. External Transportations / Databases

15.2. Internal Proprietary Database

15.3. Primary Research

15.4. Secondary Research

15.5. Assumptions

15.6. Limitations

15.7. Report FAQs

16.  Research Findings & Conclusion

 

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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