Enterprise Network Services Market

Digital businesses and cloud adoption demand flexible and agile enterprise networks. Technology managers and communications service providers who develop networking services should develop partner ecosystems and embrace cloudlike service to effectively contend in the major growth areas. “The network” is a means to an end. It is a foundation on top of which service providers manage, partner, deliver, package, and provide support services. Enterprise network services assist business companies by providing cost effective and efficient internet and data solutions, so that the companies can focus on their core business instead of wasting time on their network set up. Enterprise network services are undertaken by enterprises to find out and solve any networking issues in the organization, before the issues affect their network and hamper the production process.

With the advent of managed network services, customers can pay simply for what they use. In this manner, they save considerable money and time in hiring and training IT specialists. Organizations have realized the significance of outsourcing for increased flexibility, revenue benefits, agility, and provide access to networking, security, and communication. Among the SMEs, a huge benefit of outsourcing network services is improved operational efficiency. Even for large enterprises with geographically-distant sites, the managed or outsourced network services are one of the most economical solution.

Major drivers of the global enterprise network services market include lessening the deployment cost and reducing the cost of idle time. Enterprise network service providers support in offering flexible, speedy, and secure access to the content, infrastructure, and applications. They also help in creating a secured link to connect several multi-site productions or businesses over a made-to-order network that is both voice ready and cloud enabled. End-users are able to create a custom-engineered, highly reliable and tailored network to meet specific business purposes with the assistance of enterprise network service providers. Enterprise network services allow users to work without any interruption, from a distant place even during the occurrence of unforeseen events.

The global enterprise network services market can be classified on the basis of enterprise size, network type, service type, end-use industry, and region. In terms of service type, the market can be categorized into professional and managed services. The professional services segment of the enterprise network services market can sub-classified into integration & implementation, consulting, and support services. Support services include alerting, monitoring, remote diagnostics, automatic ticket escalation, and other services. In terms of network type, the enterprise network services market can be segmented into LAN i.e. large area network, storage area network (SAN), enterprise private network (EPN), WAN i.e. wide area network, virtual private network (VPN), and others. Based on enterprise size, the enterprise network services market can be divided into small, medium enterprises, and large enterprises. The enterprise size has been categorized on the basis of strength of employees in an enterprise. In terms of end-use industry, the market can be classified into IT & telecommunication; retail & consumer goods; e-commerce; media & entertainment; government; transportation & logistics; banking, financial services and insurance (BFSI); manufacturing; healthcare; and others. Based on region, the global enterprise network services market can be segmented into Europe, North America, Middle East & Africa, Asia Pacific, and South America.

Key players operating in the global enterprise network services market are Tata Consultancy Services Limited, Fujitsu Ltd., Verizon Communications Inc., Cisco Systems, Inc., IBM Corporation, Dell EMC (EMC Corporation), Alcatel Lucent S.A, AT&T Inc., Microsoft Corporation, Hewlett Packard Enterprise Development LP, Deutsche Telekom AG, and Rackspace Inc. These players are investing substantially in research and development (R&D) activities to include new and advanced technologies in their solutions and develop new products or enhance the existing offerings. Furthermore, these players keep looking for strategic partnerships with other players to expand their presence and gain market share in different geographical regions worldwide.

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