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鈥?networks.
Private network services include LANWLAN management, unified communications to network consulting services Wholesale D'Onta Foreman Jersey , 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.
Request to View Brochure of Report –
;rep_id=56721
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 Wholesale Benardrick McKinney Jersey , 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 Wholesale Kevin Johnson Jersey , 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) Wholesale Nick Martin Jersey , 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 Wholesale Julien Davenport Jersey , 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) Wholesale Zach Cunningham Jersey , 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. Wholesale Deshaun Watson Jersey , Cisco Systems, Inc., IBM Corporation, Verizon Communications Inc., Alcatel Lucent S.A, Microsoft Corporation, AT&T Inc., Dell EMC (EMC Corporation) Wholesale Whitney Mercilus Jersey , 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.