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Cloud computing is an emerging technology in the IT industry for the sharing of resources in order to achieve higher utilization of IT resources. Companies are adopting new technologies, such as internet of things (IoT), artificial intelligence, and mobile app hosting, in order to streamline the development and networking process. Cloud computing offers internet services to any employee of a company with high scale computing power. Cloud networking is a term describing the centralized access of all networking resources using wide area networking.

In organizations, there different applications runs on server such as network management, virtual desktop, voice over internet protocol (VoIP), and unified network. Managed cloud networking platform offers security and privacy in data transmission and it also provides the high availability of data to accessible to user all the time. Managed cloud platform allows enterprises to shift their entire network process on cloud computing in order to maintain the network performance on cloud networking. Enterprises are expected to adopt private cloud and public cloud platform to improve their data transmission and performance of communication network. Several companies are offering a managed cloud platform for development, deployment, and management of applications.

Rise in demand for cloud networking in order to improve productivity and simplify the deployment of the application is projected to drive the market. Managed cloud networking platform simplifies networking by reducing complexity and cost of distributed deployments of organization. Cloud networking creates an opportunity for companies to reduce capital expenses on IT networking resources. All data transmitted on cloud network is likely to pose a threat of confidential information leakage, security, and privacy issues for companies. This, in turn, is expected to restrain the managed cloud networking platform market. Several solution providers create opportunities by offering services to developers to create, run, manage, and deploy applications for both on-premises and public cloud environment. Companies are expected to adopt managed cloud platform with advanced features such as hosting, elastic computing, relational database (SQL), object storage, and artificial intelligence. These features are expected to set a new trend in cloud computing application.

The global managed cloud networking platforms market can be segmented based on services type, cloud deployment, enterprise size, end-user, and region. Based on services type, the managed cloud networking platforms market can be classified into business, security, mobility, network, and data center. Based on cloud deployment, the market can be segregated into public and private cloud. Based on enterprise size, the managed cloud networking platforms market can be bifurcated into small-medium enterprises and large enterprises. In terms of end-user, the managed cloud networking platforms market can be divided into telecom and ITES, banking, financial services & insurance (BFSI), healthcare, government & education, retail & consumer, manufacturing & automotive, and media & entertainment.

Based on region, the managed cloud networking platforms market can be segmented into Europe, North America, Middle East & Africa, Asia Pacific, and South America. North America is expected to account for a prominent share of the managed cloud networking platforms market, in terms of revenue, primarily due to the presence of major technology IT companies and an increase in the demand for managed cloud networking for enterprises in the region. Additionally, higher rate of adoption of technology by companies in the region is expected to create a considerable customer base for solution providers. Asia Pacific is expected to be a rapidly expanding market for managed cloud networking platforms due to the surge in adoption of managed cloud networking services in small- and medium-sized enterprises, which in turn is expected to drive the managed cloud networking platforms market in the region. Additionally, rise in investment by Google and IBM in managed cloud services is anticipated to propel the managed cloud networking platforms market in the region.

Key players operating in the managed cloud networking platforms market include Aerohive Networks, Inc., Cisco Systems, Inc., NaviSite Europe ltd, Accenture plc, Interoute Communications Limited, Alcatel-Lucent S.A., Huawei Technologies, International Business Machines (IBM) Corporation, Ericsson, Fujitsu Ltd., NEC Corporation, and NTT Data Corporation.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Managed Cloud Networking Platforms Market

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