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With increase in the number of mobile devices globally, the volume of data has continued to rise significantly over the last few years. As per the whitepaper ‘Cisco Visual Networking Index: Forecast and Trends, 2017–2022,’ the global IP traffic is expected to reach 4.8 ZB per year by 2022 from 1.5 ZB per year in 2017. Moreover, the number of devices connected to an IP network is expected to increase to 3.6 networking devices per capita by 2022 from 2.4 networking devices per capita in 2017. Thus, demand for rapid and private networks continues to rise, augmenting the demand for private network services. Private network services are services provided by IT service providers for the management of their clients’ networks. Private network services include LAN/WLAN management, unified communications to network consulting services, and network implementation services. Private network services help end-users focus on their core competencies and thereby, save on expenses required to maintain and build a network. Also with the introduction of the Managed network services, customers pay only for what they use, thereby saving lot of time and money in hiring and training specialist IT technicians. Also it helps in creating a constant vigilance on the Private Network, thus saving on the downtime by locating problematic areas in time and acting swiftly.

Major drivers of the global private network services market include reduction in the deployment cost and decline in downtime costs. Private network service providers help in offering rapid, flexible, and secure access to the infrastructure, content, and applications. These provides help in creating a secure line to connect various multi-site businesses over a customized network that is both cloud enabled and voice ready. With the help of private network service providers, end-users are enabled to create a highly reliable, custom-engineered and tailored network for meeting specific business purposes. Private network services allow users to work uninterruptedly from a remote location even during the times of disaster. These networks are safe, secure, and completely private from the public Internet and shared multi-client networks.

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

Key players operating in the global private network services market are TCS Limited, Fujitsu Ltd., Cisco Systems, Inc., IBM Corporation, Verizon Communications Inc., Alcatel Lucent S.A, Microsoft Corporation, AT&T Inc., Dell EMC (EMC Corporation), HP Development Company LP, Dell Inc., Rackspace Inc., and Deutsche Telekom AG. These companies invest considerably in research and development activities to incorporate new technologies in their solutions and develop new products. Additionally, these players engage in strategic partnerships with other players to expand their presence and gain market share in different regions across the globe.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in 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.

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?

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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