Global Network Consulting Market 2017-2021
About Network Consulting
Network consulting services refer to the advisory services provided to help companies analyze and improve the operational performance and technology strategies. The services in this segment are focused on areas such as e-commerce, telecommunications, hardware system design and implementation, software design, acquisition and implementation, website design, and operation.
Technavio’s analysts forecast the global network consulting market to grow at a CAGR of 6.87% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global network consulting market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IT and network consulting services.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Network Consulting Market 2017-2021
Technavio recognizes the following companies as the key players in the global network consulting market: Cisco Systems, HPE, Huawei Technology, Fujitsu, and IBM.
Other Prominent Vendors in the market are: Alcatel-Lucent (Nokia), Capgemini, Dell, Ericsson, Getronics, HCL Technologies, Infosys, Juniper Networks, Microland, Nokia, Oracle, TCS, and Unisys.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increased adoption of cloud network consulting services. The cloud computing model helps companies to integrate with third-party applications hosted outside the enterprise firewall easily. Cloud has evolved as an ideal model to serve as a core platform and integration fabric for many enterprise applications with configuration flexibility, integrated security, and choice of access mechanisms. In addition to these advantages, it provides security at all levels of enterprise IT architecture.”
According to the report, one of the major drivers for this market is need to adhere to regulatory guidelines and ensure compliance. Companies must follow the guidelines of the regulatory bodies while securing their confidential data through network security processes. Regulatory bodies also make it compulsory to keep the record of log data in certain enterprises like financial service providers, from digital devices and other sources for auditing. Companies are imposed with severe consequences in case of violation of auditing protocols and other business processes.
Further, the report states that one of the major factors hindering the growth of this market is lack of transparent service level agreements (SLAs). SLAs establish a contract between the service provider (either internal or external) and the end-user, which covers all possible level of services from the service provider. SLAs are output-based contracts that specifically define the benefits and support received by a customer during the term of the agreement. However, the SLAs do not cover the delivery of services, and end-users are not informed about the full services to be included in SLAs.
Cisco Systems, HPE, Huawei Technology, Fujitsu, IBM, Alcatel-Lucent (Nokia), Capgemini, Dell, Ericsson, Getronics, HCL Technologies, Infosys, Juniper Networks, Microland, Nokia, Oracle, TCS, Unisys.