Global Network Consulting Services Market Report and Forecast 2024-2032

Global Network Consulting Services Market Outlook

The global network consulting services market size reached approximately USD 16.32 billion in 2023. The market is projected to grow at a CAGR of 6.8% between 2024 and 2032, reaching a value of around USD 29.51 billion by 2032.

Key Trends in the Market

Network consulting services refer to professional advisory and technical expertise provided by specialised firms or individuals to help organisations design, implement, manage, and optimise their computer networks. These services cover a broad spectrum of tasks all geared towards making sure that a company's network infrastructure aligns perfectly with the objectives.

• Software-defined networking (SDN) and network function virtualisation (NFV) technologies are redefining network architecture by separating network control from the physical hardware infrastructure. It is one of the major global network consulting services market trends, with technologies increasingly being adopted to enable greater agility, scalability, and automation in network management. Network consultants assist in the adoption of SDN and NFV, helping organisations reap the benefits of a more flexible and efficient network environment.

• Various sectors, spanning from smart factories to advanced healthcare, are increasingly utilising Internet of Things (IoT) devices to streamline business operations. This proliferation is expected to propel the global network consulting services market demand as it necessitates robust network infrastructure capable of managing heightened data traffic. Network consultants play a pivotal role in designing and managing resilient networks for the expanding IoT network.

• The rising frequency and sophistication of cyber threats have made cybersecurity a key focus for companies around the world. The network consulting services market growth is expected to surge in the coming years owing to numerous companies prioritising the deployment of robust firewall systems, intrusion detection systems, and conducting vulnerability assessments.

Market Analysis

Based on type, the market can be segmented into network designing and planning, and network testing, among others. The global network consulting services market segmentation, based on enterprise size, includes small and medium-sized enterprises and large enterprises.

Based on end use, the market is categorised into IT and telecom, BFSI, government, energy and utilities, and healthcare, among others. The major regional markets for network consulting services are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global network consulting services market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• AT&T Inc. 

• Verizon Communications Inc.  

• Dell Inc. 

• Oracle Corporation 

• NTT Limited

• Microland Limited 

• Tech Mahindra Limited 

• Boldyn Networks Global Limited 

• Skynet Technologies 

• Bespoke Technology

• Others

Market Share by Enterprise Size

According to the global network consulting services market analysis, large enterprises are expected to increasingly utilise network consulting services to optimise IT infrastructure, enhance security, and improve overall operational efficiency.

With the aid of consultants, companies can design, plan, and implement network architecture considering factors like scalability, redundancy, and performance requirements. Moreover, enterprises also seek consulting services to plan and implement hybrid and multi-cloud strategies.

Market Share by End Use

The healthcare sector is one of the fastest adopters of advanced technologies, aiming to provide enhanced patient care and improved services. As a result, the sector is likely to occupy a considerable portion of the network consulting services market share, as these services play a crucial role in ensuring that the IT infrastructure supports the delivery of high-quality patient care while maintaining the confidentiality and integrity of sensitive medical information.

Competitive Landscape

AT&T Inc. is one of the largest telecommunication companies in the world. It is headquartered in Texas, United States and is known for offering services in wireless communications, landline telephone services, broadband internet, and television services.

Verizon Communications Inc. is a major American multinational telecommunications conglomerate. With its headquarters situated in New York, United States, the company delivers a wide range of services encompassing wireless communications, landline telephone provisions, broadband internet solutions, and television offerings. Outside of its wireless services, Verizon extends a diverse array of services, including FiOS, a high-speed fibre-optic internet, and television service.

Dell Inc. is one of the most prominent multinational technology companies based in the United States of America. Since its establishment in the year 1984, the company has been a pioneer in designing, developing, and offering an extensive array of computer-related goods and services. Over the years it has gained a reputation for its specialisation in personal computing, encompassing products such as laptops, desktops, workstations, and servers, as well as other hardware and software products.

Other key players in the global network consulting services market are Oracle Corporation, NTT Limited, Microland Limited, Tech Mahindra Limited, Boldyn Networks Global Limited, Skynet Technologies, and Bespoke Technology, among others.

Key Highlights of the Report