Network Services Market to Witness 2.1% Growth in 2024 - New Research on SD-WAN/SASE and Managed Security Trends - ResearchAndMarkets.com

The "Top 10 Growth Opportunities in Network Services, 2024" report has been added to ResearchAndMarkets.com's offering.

In an era marked by rapid technological advancements and an increased reliance on digital connectivity, a comprehensive analysis of the 2024 network services market growth opportunities has been published, highlighting key trends shaping the industry.

Enterprises embarking on digital transformation journeys will find strategic insights within this report, particularly into services such as SD-WAN/SASE and managed security, which continue to display robust double-digit revenue growth.

Despite a forecasted downturn in traditional transport service revenues, the report elucidates how this trend is substantially counterbalanced by the strides in innovation, notably in the transport layer with enhanced speeds at decreased per-unit costs. Through the adept increase in efficiency and value, network operators remain dedicated to supporting enterprise-level cloud migrations and digital integrations.

Market Trends & Drivers:

• Software-defined networking technologies like SD-WAN/SASE are seeing significant uptrends in adoption due to their ability to support cloud-based enterprise services efficiently and securely.
• Managed security services are also scaling significantly, providing robust defense mechanisms amid a landscape fraught with cyber threats.
• An ever-efficient transport layer demonstrates innovation by offering higher bandwidth at lower costs, propelling traffic growth management.

Expert network operators are adapting to new paradigms with agility, crafting services that seamlessly align with enterprise digital transformation strategies. The research identifies such collaborative efforts, emphasizing the transition towards SD-WAN and SASE as pivotal examples of this adaptability.

The report also addresses the paradigm shift toward "as a service" models, outlining how self-service options, automation, and integrated AI and security features are becoming core to network service offerings. As businesses continue to opt for these modern consumption models, the network services industry is seen as a facilitator of this transition, pairing automation with the indispensable human interaction necessary for managing complex hybrid networks.

Enterprises intending to navigate the evolving digital landscape will find the insights and forecasts presented to be instrumental in strategizing and optimizing their network infrastructure for competitiveness and growth. The publication stands as a crucial resource for comprehending the currents and undercurrents of the 2024 network services market.

The report serves as a pivotal resource for network service providers, IT decision-makers, and technology strategists, offering analytics that could critically inform future investments and initiatives. Readers seeking to understand the trajectories of SD-WAN, SASE solutions, and managed security services within the global network services market will find the report's granularity on market dynamics, key player strategies, and potential growth opportunities informative.

By casting light on these strategic market segments, the report presents a roadmap for stakeholders to identify and leverage growth opportunities that align with emerging industry patterns and consumer demands, thereby reinforcing and potentially expanding their market presence in 2024 and beyond.

Top Growth Opportunities for 2024

• Growth Opportunity 1: Dedicated Internet Access Services Continue to Flourish
• Growth Opportunity 2: Wavelength Services, a Preferred Choice of Cloud Service Providers
• Growth Opportunity 3: Self-healing, AI, and ML Components Drive SD-WAN Growth
• Growth Opportunity 4: ZTNA Leads the Pack of SD-WAN / SASE Services
• Growth Opportunity 5: Managed Security Offerings
• Growth Opportunity 6: LAN in Addition to WAN
• Growth Opportunity 7: Smart Private 5G Fuels Smart Cities
• Growth Opportunity 8: NaaS Grows as the Automated Self-service Subscription
• Growth Opportunity 9: Notable M&A Activity
• Growth Opportunity 10: The Monetization of Generative AI and AI

For more information about this report visit https://www.researchandmarkets.com/r/x7uax1

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