Mobile And Wireless Backhaul Global Market Report 2023 – By Component (Equipment, Services), By Network Technology (3G And 2G, 4G, 5G), By Application (Financial Services, Medical, Retail, Media, Government, Communication, Public Utilities, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Wireless Internet service refers to the internet service that provides connectivity through wireless means. It provides Internet connectivity services to end-users and organizations over wireless communication networks. The main types of wireless internet services are community hotspots and public hotspots. Community hotspots are open access networks that provide internet access to citizens in public places such as downtown. The services are applied for education, financial services, healthcare, hospitality, retail, telecom and IT, transportation, others by enterprises, communication service provider and network operators, government institutions. The global wireless internet services market is segmented - 1) By Type: Community Hotspots, Public Hotspots 2) By Application: Education, Financial Services, Healthcare, Hospitality, Retail, Telecom & IT, Transportation, Other Applications 3) By End User: Enterprises, Communication Service Provider And Network Operators, Government The global wireless internet services market size will grow from $654.86 billion in 2022 to $704.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wireless internet services market size is expected to grow to $921.97 billion in 2027 at a CAGR of 7.0%. The government initiatives aiming at developing infrastructure is a key factor driving the growth of the wireless internet services market. With growing government initiatives and environmental campaigns taking center stage, technology providers and specialists have actively started simulating creative solutions based on technical modules for the design and growth of urban infrastructure in several regions. For instance, in India, the successful execution of smart city projects is heavily dependent on technologies such as data connectivity, cloud, mobility, and sensors, all shaping IoT together. According to the Ministry of Electronics and IT, the government has increased the outlay for the digital India program by 23% to 3,958 crores for 2020-21 compared to actual allocation in the current fiscal. The increase has been mainly on account of incentives to be given for electronic manufacturing, research, and development, development of manpower for the segment, cybersecurity, and promotion of IT and IT-enabled services. Therefore, government initiatives for smart city projects is expected to drive the wireless internet services market growth. Major players in the wireless internet services market are Cisco Systems, Inc., Huawei Technologies Co. Ltd., ARRIS International, Aerohive Networks, Singtel, Rogers Communications, Telstra Corporation, Viasat, ADTRAN, Aruba, Extreme Networks, Fujitsu, Superloop, iPass, Arista Networks, Ubiquiti Networks, Fortinet, Riverbed Technology, 4ipnet, Edgecore Networks, Mist Systems, ALE International, Allied Telesis, LANCOM Systems, D-Link Corporation, Cigniti, Cognizant, Capgemini, Cavisson Systems, Tricentis and Boingo Wireless, Inc. The security and privacy concerns are hampering the growth of the wireless internet services market. With an increase in the number of devices, many security and privacy concerns have emerged and every source, gateway, sensor, and smartphone has become a potential hacking target. Any disruption to business processes can have a huge effect on the company as a whole. Connecting to free public Wi-Fi raises business risks caused by third-party interception of client data because hackers are able to position themselves between the employees who use the Wi-Fi and the point of contact. Hackers can also use an unsecured Wi-Fi connection to spread malware, getting compromised apps on the computers and devices will make the company financially disruptive. Therefore, security and privacy concerns are expected to hinder the wireless internet services market growth. The companies in the wireless internet services market are increasingly implementing Li-Fi (Light Fidelity) technology to improve their service offerings. Li-Fi or light fidelity uses light signals to transfer data between devices and produces a greater range than Wi-Fi, with transmission speeds of up to 224 gigabits per second. Smart homes will rely on Li-Fi technology in the future because it is faster and more reliable as light cannot penetrate through walls, and the signal cannot be compromised from a remote location. For instance, in October 2020, GETAC, a Taiwan-based technology company, announced that it is introducing integrated LiFi technology run by pureLiFi to the tough market. Customers from a wide range of professional sectors will soon be able to benefit from entirely robust durability and cutting-edge LiFi connectivity in a single device thanks to pureLiFi, opening up a plethora of potent new applications and use cases. In October 2020, NWIC Inc., a Canada-based internet service provider acquired Last Mile Wireless Internet Inc. (LMWI) for an undisclosed amount. With the acquisition, NWIC is expected to become the Niagara Region's largest rural internet service provider, with expanded coverage and complementary technologies. Last Mile Wireless Internet Inc. (LMWI) is a Canada-based internet service provider. The Asia-Pacific was the largest region in the wireless internet services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global wireless internet services market report during the forecast period. The regions covered in the global wireless internet services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wireless internet services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The wireless internet services market includes revenues earned by entities by providing wireless internet services that can be used to offer internet access services over a wireless communication network to consumers and businesses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wireless internet services market research report is one of a series of new reports from The Business Research Company that provides wireless internet services market statistics, including wireless internet services industry global market size, regional shares, competitors with a wireless internet services market share, detailed wireless internet services market segments, market trends and opportunities, and any further data you may need to thrive in the wireless internet services industry. This wireless internet services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wireless telecommunication services mean the wireless transmission or receipt of electromagnetic signals, excluding receive-only radio and television signals and signals transmitted via satellite. The main types of services in wireless telecommunications carriers are cellular/mobile telephone services and wireless internet services. A cellular/mobile telephone services is a pre-cellular VHF (very high frequency) radio system that linked to the Public Switched Telephone Network. The technologies used in these services includes 3G, 4G and 5G and produces products such as voice and data. These are implemented in various areas such as household and commercial applications. The global wireless telecommunication carriers market is segmented - 1) By Type: Cellular/Mobile Telephone Services, Wireless Internet Services 2) By Application: Household, Commercial 3) By Product: Voice, Data 4) By Technology: 3G, 4G, 5G The global wireless telecommunication carriers market size grew from $868.02 billion in 2022 to $930.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wireless telecommunication carriers market is expected to grow to $1203 billion in 2027 at a CAGR of 6.6%. The number of people using mobile payments to pay for goods and services at the point of sale is expected to increase significantly. Particularly in the USA, mobile payment sales are expected to grow exponentially because of the growth in the number of overall users of the technology. For instance, by the end of 2020, nearly 150 million (approximately 56%) of the consumer population of the US are using mobile payments for in-store payments. In Addition to this, worldwide mobile payment are also increasing. For instance, according to a study by Boku Inc., a mobile payments company, by the end of 2020, there were over 2.8 billion mobile wallets in use and the number is projected to increase by nearly 74% to reach 4.8 billion mobile wallets in use by the end of 2025, which will account nearly 60% of the world’s population. Mobile wallets like Apple Pay, Android Pay and Samsung Pay are likely to become a standard feature on new smartphones, according to e-Marketer research. Increasingly, merchants are also likely to adopt point-of-sale systems that can accept mobile payments. To encourage and promote the use of m-payments, incentives like promotions and loyalty programs will be integrated to attract new users. Major companies in the wireless telecommunication carriers market include China Mobile, AT&T Inc., Verizon Communications, T-Mobile USA, Inc., Deutsche Telekom AG, Vodafone, America Movil, Telefonica SA, Orange SA and Nippon Telegraph And Telephone Corp. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the wireless telecommunication carriers market in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the wireless telecommunication carriers market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.? The biggest forthcoming change in the telecoms industry is the emergence of fifth-generation mobile networks (5G). 5G is expected to be much faster than the present 4G network. The 5G network is yet to be commercially available and this new generation mobile network is likely to provide the capacity needed to support the IoT (Internet Of Things) revolution. Low latency is another important feature expected from 5G. In January 2020, Samsung Group, a South Korea-based electronics company that sells mobile devices announced the acquisition of TeleWorld Solutions, Inc. for an undisclosed amount. With the acquisition of TeleWorld Solutions, Inc., Samsung is aiming to address end-to-end network support needs and accelerate 5G rollouts in the USA. TeleWorld Solutions, Inc. is a Virginia-based telecommunications provider of wireless networking and consulting services. Asia-Pacific was the largest region in wireless telecommunication carriers market in 2022. North America was the second largest region in wireless telecommunication carriers industry. The regions covered in the wireless telecommunication carriers market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wireless telecommunication carriers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The wireless telecommunication carriers market includes revenues earned by entities by providing telecommunications services such as operating and maintaining the switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this industry include cellular phone services, wireless internet access, and wireless video. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The wireless telecommunication carriers market is segmented into cellular/mobile telephone services and wireless internet services. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wireless telecommunication carriers market research report is one of a series of new reports from The Business Research Company that provides wireless telecommunication carriers market statistics, including global wireless telecommunication carriers market size, regional shares, competitors with a wireless telecommunication carriers market share, detailed wireless telecommunication carriers market segments, wireless telecommunication carriers market trends and opportunities, and any further data you may need to thrive in the wireless telecommunications carriers industry. This wireless telecommunication carriers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The wireless sensor network refer to a wireless system with wireless infrastructure deployed in a large number across various verticals. It is a network of small devices called sensors that communicate wirelessly among themselves in an ad-hoc manner. Wireless sensor networks can monitor the system and physical or environmental conditions. It is a spatially distributed sensor network that sends information to the sink node, then transfers it to the end-user. The main components in the wireless sensor network market are hardware, software and services. The wireless sensor network hardware refer to physical components used in a wireless sensor network market. The hardware components of a wireless sensor network include a processing unit, a transceiver unit, a sensing unit, and a power unit. These components work together to perform the desired action. The various types of sensors include ambient light sensors, motion and position sensors, temperature sensors, heart rate sensors, pressure sensors, IMUS (6-axis, 9-axis), accelerometers (3-axis), blood glucose sensors, image sensors, humidity sensors, carbon monoxide sensors, blood oxygen sensors, flow sensors, level sensors, chemical sensors, ECG sensors and others (MRR, ultrasonic sensors, vehicle detection sensors, pedestrian presence sensors, speed sensors, soil moisture sensors). The different wireless sensor network connectivity type include WI-FI, Bluetooth, Bluetooth/WLAN, cellular network, GPS/GNSS module, Bluetooth smart/BLE, Zigbee, NFC, WHART, ISA100 and ANT+. The end-users for wireless sensor networks include building automation, wearable devices, healthcare, industrial, automotive and transportation, oil and gas, retail, agriculture, aerospace and defense and BFSI. The global wireless sensor network market is segmented - 1) By Component: Hardware, Software, Services 2) By Sensor Type: Ambient Light Sensors, Motion And Position Sensors, Temperature Sensors, Heart Rate Sensors, Pressure Sensors, IMUs (6-Axis, 9-Axis), Accelerometers (3-Axis), Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, ECG Sensors, Other Sensor Types 3) By Connectivity Type: Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee, NFC, WHART, ISA100, ANT+ 4) By End-User Industry: Building Automation, Wearable Devices, Healthcare, Industrial, Automotive And Transportation, Oil And Gas, Retail, Agriculture, Aerospace And Defense, BFSI The global wireless sensor network market size grew from $75.54 billion in 2022 to $88.76 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global wireless sensor network is expected to grow to $172.14 billion in 2027 at a CAGR of 18.0%. The increasing demand for smart consumer devices is expected to propel the growth of the wireless sensor network market. The demand for smart consumer devices is growing due to comfort, convenience, ease of use, automation, affordability, security, and other reasons that make people’s lives better. This increasing demand for smart consumer devices will create demand for the wireless sensor network as it is one of the technologies used to make consumer devices smart and intelligent by using IoT and automation. The wireless sensor networks address needs such as remote home monitoring and the general public's growing concern about safety, security, and convenience. For instance, according to a survey by Oberlo, a Lithuania-based software company, in 2022, nearly 57.4 million US households are actively using smart home devices, which is a 6.7% increase than in 2021, during which 53.8 million households were using smart home devices. Thus, the increasing demand for smart consumer devices will drive the growth of the wireless sensor network market. Major players in the wireless sensor network market are ABB Ltd., Siemens AG, ST Microelectronics, NXP Semiconductors, General Electric Company, Emerson Electric Co, Analog Devices, Honeywell International Inc., Cisco Systems Inc., Texas Instruments Incorporated, TE Connectivity, Yokogawa Electric Corporation, Radiocrafts AS, Silicon Laboratories, Parker Hannifin Corp, Huawei Technologies Co Ltd., Advantech Co Ltd and Eurotech. Innovation in sensor technologies is a key trend gaining popularity in the wireless sensor network market. The use of sensor proliferation, sensor fusion, magnetic, radar, and Bluetooth technologies along with artificial intelligence (AI) continues to accelerate innovation as it improves IoT security, and sensor proximity making it safer to transmit critical data. This improves remote operation capabilities while incorporating sensors into devices to reduce costs and improve performance. Major companies operating in the wireless sensor network market are focused on providing innovative wireless sensors to strengthen their market position. For instance, In September 2020, Eleven-X, a Canadian information technology company specializing in wireless technology and connectivity, introduced its innovative, wireless, real-time smart parking sensor, SPS-X. It uses a LoRaWAN-based (long-range wide area network) sensor with a combination of magnetic, radar, and Bluetooth technologies in addition to cloud-based AI for reliable, real-time guidance to available spaces, space usage, and time of usage information. This sensor is helpful for municipalities, campuses, and parking organizations to monitor parking occupancy and understand parking usage. In March 2020, TE Connectivity Ltd., a Swiss manufacturer of sensors and connectors acquired First Sensor AG for an undisclosed amount. With this acquisition, TE Connectivity expands its operations with optical sensing applications for heavy truck, auto, and industrial uses as well as further expand its capabilities. First Sensor AG is a German manufacturer of sensor and wireless network products across various medical, transportation, and other industries. North America was the largest region in the wireless sensor network market in 2022. The regions covered in the wireless sensor network industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wireless sensor network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The wireless sensor network market consists of revenues earned by entities by providing wireless sensor network solutions and services such as target tracking, control, and monitoring, node location, synchronization, and effective routing between nodes and base stations to enhance the collection, process, and transfer of data in an organization. The market value includes the value of related goods sold by the service provider or included within the service offering. The wireless sensor network market also includes sales of sensing units, processing units, communication units, and power units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wireless sensor network market research report is one of a series of new reports from The Business Research Company that provides wireless sensor network market statistics, including wireless sensor network industry global market size, regional shares, competitors with a wireless sensor network market share, detailed wireless sensor network market segments, market trends and opportunities, and any further data you may need to thrive in the wireless sensor network industry. This wireless sensor network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Network devices refer to a piece of hardware or software whose primary function is to direct and regulate communications among computers or computer networks. Network devices execute the fundamental tasks required to support network establishment and maintenance, including data transmission and reception. The main device types of network devices are routers, gateway, and access points. Routers are used to manage traffic between networks by forwarding data packets to their intended IP addresses and allowing multiple devices to use the same internet connection. A router refers to a device that connects two or more packet-switched networks or subnetworks. These network devices can be connected by wire and wireless. Wi-Fi, cellular, LoRa, ZigBee, BlueTooth and others are the connection types network devices support. Residential, commercial, enterprise, industrial and transportation are the applications of the network devices. The global network devices market is segmented - 1) By Device Type: Router, Gateway, Access Point 2) By Type: Wired, Wireless 3) By Connectivity: WiFi, Cellular, LoRa, ZigBee, Bluetooth, Other Connectivities 4) By Application: Residential, Commercial, Enterprise, Industrial, Transportation The global network devices market size will grow from $28.01 billion in 2022 to $30.3 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the network devices is expected to grow to $39.9 billion in 2027 at a CAGR of 7.1%. The rising use of smartphones coupled with growing digitalization is expected to drive the growth of the network devices market. The use of digitalization is expanding to create new business practices, cultures, and customer experiences or to adapt existing ones to meet shifting company and market needs. The smartphones demand is increasing due to rise in internet penetration, rising subscriptions to social media, increasing income levels, improved communication needs, and others. During the COVID-19 pandemic, the usage of smartphones along with digitalization dramatically increased due to long quarantine periods and work-from-home scenarios. This increase in smartphones and digitalization needs network devices to transfer data from one device to another efficiently. For instance, according to the survey of smartphone ownership commissioned by a nonpartisan American think tank, the Pew Research Center, the share of Americans that own a smartphone increased from 81% in February 2019 to 85% in February 2021, which was just 35% a decade ago (in 2011). Moreover, according to the World Economic Forum, digital transformation will add $100 trillion to the global economy by 2025. Therefore, the rising use of smartphones coupled with growing digitalization is going to propel the network devices market growth. Major players in the network devices market are Cisco Systems Inc., Huawei Technologies Co Ltd., Juniper Networks Inc., Siemens AG, Tp-Link Technologies, Belkin International, ASUSTeK Computer Inc., Palo Alto Networks Inc, ADTRAN Inc., D-Link Corporation, Hewlett-Packard Company, Sierra Wireless, F5 Networks Inc., Multitech and Robustel. Technological innovations are a key trend gaining popularity in the network devices market. Major companies operating in the network devices market are developing new products or technologies, such as SD-WAN, to strengthen the demand for network devices. A software-defined wide area network (SD-WAN) is a virtual wide area network type that enables businesses to employ any mix of transport services, such as MPLS, LTE, and broadband internet services, to safely connect users to applications. This improves user experience and application performance, which boosts corporate productivity and agility and lowers IT expenses. For instance, in May 2022, Nokia, a Finland-based telecommunications, information technology, and consumer electronics corporation, and STC (Saudi Telecommunication Company), a Saudi-Arabia-based digital enabler of telecommunications services, introduced stc SD-WAN. stc SD-WAN will enable the company's IT and OT to modify their network services to fit rapidly evolving commercial contexts. The program aims to support its enterprise customers' cloud migration and digital transformation journey. In October 2020, Juniper networks, a US-based company that develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology, acquired 128 Technology for $450 million. This acquisition will facilitate the industry's transition from first-generation SD-WAN technology, which prioritizes connections from the branch to cloud optimization, to a contemporary AI-driven network that prioritizes user experiences from client to cloud optimization. 128 Technology is a US-based company that provides software-based routing solutions which enable enterprises and service providers to build networks. North America was the largest region in the network devices market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the network devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The network devices market consists of sales of hub and switch, router, extender, adapter and wireless access point. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).x The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The network devices market research report is one of a series of new reports from The Business Research Company that provides network devices market statistics, including network devices industry global market size, regional shares, competitors with a network devices market share, detailed network devices market segments, market trends and opportunities, and any further data you may need to thrive in the network devices industry. This network devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A network management system (NMS) refers to a set of applications that allow network engineers to manage a network's independent components inside a bigger network management framework and perform several key functions. A network management system oversees all business operations from a single computer.The network management system is used by organisations to manage every aspect of the office, such as device monitoring and management and performance analysis. It provides intelligent notifications and alerts, which save time and money and help increase productivity. The main types of components in a network management system are platform, solution, and services. Platform in the network management systems market refers to a system for connecting frontline organisational processes with backend information systems. The various types of organisations include large enterprises, small and medium enterprises. The different deployment modes include on-premises and in the cloud. It is employed in banking, financial services, and insurance; information technology and telecom, healthcare; media and communication; retail; and other end users. The global network management system market is segmented - 1) By Component: Platform, Solutions, Services 2) By Organization: Large Enterprises, Small and Medium Enterprises 3) By Deployment: On-Premise, Cloud 4) By End-User: Banking, Financial Services, And Insurance, Information Technology And Telecom, Healthcare, Media And Communication, Retail, Other End-Users The global network management system market size will grow from $10.02 billion in 2022 to $10.97 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the network management system is expected to grow to $15.5 billion in 2027 at a CAGR of 9.0%. Increasing demand for cloud-based services is significantly contributing to the growth of the network management system market going forward. Cloud refers to servers that are provided over the Internet and the software and databases that run on those servers. The network operators can get new network management services dynamically using cloud solutions rather than installing new hardware. For instance, according to the 2022 State of the Cloud Report by Flexera, a US-based software company that surveyed 753 technical professionals, overall small to midsized businesses' (SMBs') cloud spend had grown substantially to 53%, reaching $1.2 million in annual spend in 2022, which was up from 38% in 2021. Therefore, the increasing demand for cloud-based services is driving the network management system market growth. Major players in the network management system market are Cisco Systems Inc., IBM Corporation, Nokia Corporation, Micro Focus, Juniper Networks, Ericsson, Huawei, Netscout System, BMC Software Inc., SolarWinds Inc., Broadcom CA Technologies, Kentik, Viavi Solutions, Kaseya, Zoho Corporation, Oracle Corporation, Hewlett-Packard Development, and Alcatel-Lucent. Technological advancement is a key trend gaining popularity in the network management system market. Major companies operating in the network management system sector are focused on introducing new technologies to lead the market. For instance, in July 2021, IBM, a US-based technology company, launched the IBM Cloud Pack, a hybrid cloud with AI-powered automation software to manage networks. This helps to enable zero-touch operations at lower costs and faster delivery of innovative services. It helps the network engineers create and automate network lifecycle models, view live network performance in real time, and automate service design and testing. The software integrates artificial intelligence for IT operations (AIOps), advanced analytics, and machine learning to help communications service providers find hidden patterns in networking data to optimise network operations without major human intervention. In April 2021, IBM, a US-based technology company, acquired Turbonomic for an undisclosed amount. With this acquisition, IBM will have AI-powered automation capabilities that will provide assurance for target application response times even during peak demand. Turbonomic is a US-based network management company that provides tools to manage application performance, specifically for resource management. North America was the largest region in the network management system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the network management system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The network management system (NMS) market includes revenues earned by entities by providing network performance and monitoring, cloud monitoring, virtual monitoring, SDN monitoring, network configuration, log and event management, IP address management, VOIP monitoring, consulting services, integration and deployment services, training, support, and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The network management system market research report is one of a series of new reports from The Business Research Company that provides network management system market statistics, including network management system industry global market size, regional shares, competitors with a network management system market share, detailed network management system market segments, market trends and opportunities, and any further data you may need to thrive in the network management system industry. This network management system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Network engineering services refer to planning, implementing, and managing computer networks that provide in-house phone, data, video, and wireless network services. Network engineering service providers partner with consultants, telecom companies, corporations, ISPs, and others to prepare, develop, plan, and implement projects based on customer recommendations and requirements. The main services of network engineering services include network assessment, network design, and network deployment. Network assessment refers to a thorough examination of the present IT infrastructure that presents an overview of the current environment and offers changes such as network consolidation, simplicity, or automation. Small, medium and large enterprises use both wired and wireless network engineering services for their daily operational activities. The industries utilizing network engineering services include banking, financial services & insurance, telecom, information technology, healthcare, education, media & entertainment, energy & utilities, manufacturing, and other sectors. The global network engineering services market is segmented - 1) By Service Type: Network Assessment, Network Design, Network Deployment 2) By Transmission Mode: Wired, Wireless 3) By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs) 4) By Industry Vertical: Banking, Financial Services, and Insurance (BFSI), Telecom, Information Technology, Healthcare, Education, Media and Entertainment, Energy and Utilities, Manufacturing, Other Industry Verticals The global network engineering services market size will grow from $50.06 billion in 2022 to $55.76 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the network engineering services is expected to grow to $80.49 billion in 2027 at a CAGR of 9.6%. The increased adoption of broadband will propel the growth of the network engineering services market. Broadband attributes to high-speed internet connectivity that is always quicker than typical dial-up access. It enables high-quality and rapid access to information, teleconferencing, data transfer, and other functions in various settings, including healthcare, education, and technical development. Network engineering services create a balance between security and the rising need for computing that is fast, more effective, and more adaptable. Due to COVID-19 restrictive containment measures involving social distancing, remote working, and the closure of commercial activities, companies have rearranged their operations to initiate remote working that increased the adoption of broadband. According to the Organisation for Economic Cooperation and Development (OECD), the demand for broadband communication services has skyrocketed since the COVID-19 crisis. Some providers reported a 60% increase in Internet traffic after the crisis. Therefore, the increase in the adoption of broadband is expected to boost demand for network engineering services during the forecast period. Major players in the network engineering services market are Accenture, Ericsson, Huawei, Juniper Networks, IBM Corporation, Cisco Systems, Aviat Networks, Tech Mahindra, Mphasis Ltd., Cyient, Nexius, CHR Solutions, Datavision, CSS Corp, and Codetrue. Strategic Partnership is a key trend gaining popularity in the network engineering market. The companies operating in the network engineering services market are focusing on entering into a strategic partnership with relevant technology players to expand into new markets and leverage each other's resources. In June 2021, L&T Technology Services Limited, an India-based engineering services company, entered into a partnership with Mavenir to deliver end-to-end 5G automation services. Mavenir is a US-based telecommunications software company creating the future network with cloud-native software that operates on any cloud. In October 2021, Accenture, an Ireland-based information technology company with leading digital, cloud, and security capabilities, acquired Umlaut for an undisclosed amount. Through this acquisition, Accenture will scale its network engineering skills to assist firms in using digital technologies such as cloud, artificial intelligence, and 5G to alter how they design, create, and produce their products while embedding sustainability. Umlaut is a Germany-based full-service company that provides advice and network engineering services to customers across the globe. North America was the largest region in the network engineering services market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the network engineering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the network engineering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The network engineering services market includes revenues earned by entities by organizing computer networks that provide internal phone, data, video, and wireless network services. These networks are planned, put into place, and managed. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The network engineering services market research report is one of a series of new reports from The Business Research Company that provides network engineering services market statistics, including network engineering services industry global market size, regional shares, competitors with a network engineering services market share, detailed network engineering services market segments, market trends and opportunities, and any further data you may need to thrive in the network engineering services industry. This network engineering services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Network as a service refers to a subscription-based or flexible consumption model that enables clients to operate network infrastructure. Network as a service is used to provide networking infrastructure to customers. The main types of network as a service are LAN as a service, WAN as a service, bandwidth on demand (BoD), VPN as a service, and managed services. A LAN (LAN) refers to a group of computers and peripheral devices that share a common communications line or wireless link to a server within a distinct geographic area. The enterprise size is large enterprises and SMEs. The various end-users involved are banking, financial services, and insurance (BFSI), government and the public sector, healthcare, IT and telecommunication, manufacturing, retail, and e-commerce, and other end-users. The global network as a service market is segmented - 1) By Type: LAN as a Service, WAN as a Service, Bandwidth on Demand (BoD), VPN as a Service, Managed Services 2) By Enterprise Size: Large Enterprises, SMEs 3) By End-User: Banking, Financial Services, and Insurance (BFSI), Government and Public Sector, Healthcare, IT and Telecommunication, Manufacturing, Retail and E-commerce, Other End Users The global network as a service market size will grow from $16.11 billion in 2022 to $21.37 billion in 2023 at a compound annual growth rate (CAGR) of 32.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the network as a service is expected to grow to $66.15 billion in 2027 at a CAGR of 32.6%. The growing number of cloud-based applications across enterprises is expected to propel the growth of the network as a service market going forward. Cloud-based applications refer to the cloud computing used for data storage. People staying at home have increased the usage of the internet which has surged the demand for high-speed network connection, network as a service utilizes cloud computing that is helpful for the customers to operate their own networks by deploying cloud-based applications and have access to network infrastructure directly and securely. For instance, in 2021, according to Cisco, a US-based technology company, overall data center workloads and compute instances will be more than double those of 2021. The workload and compute instance density for cloud data centers will reach 13.2 by 2021. Therefore, the growing number of cloud-based applications across enterprises is driving the network as a service market growth. Major players in the network as a service market are Verizon Communications Inc., Cisco Systems Inc., IBM, Oracle Corporation, Juniper Networks Inc., NEC Corporation, VMware Inc., Aryaka Networks Inc., AT&T Intellectual Property, Hewlett-Packard Enterprise Development LP, ALE International SAS, Extreme Networks, Akamai Technologies, CenturyLink, and Amazon Web Services Inc. Product innovations are a key trend gaining popularity in the network as a service market. Major companies operating in the network as a service market are focused on adopting technologies to strengthen their position. For instance, in 2020, Cloudflare Inc., a US-based cloud services provider company that includes network as a service, launched Cloudflare One, which provides cloud-based network as a service solutions for the workers in enterprises. Cloudflare solution is a next-generation firewall and intrusion detection system with unique features where users will be able to access data from desktop and mobile devices, SaaS solutions, and browser isolation. In March 2022, Acuative, a US-based information technology services company, acquired Tenfour for an undisclosed amount. Through this acquisition, Acuative aims to strengthen and expand its network as service expertise and meet customer demand. Tenfour is a US-based network as a service provider company, which provides services like managed infrastructure, security, and digital analytics. North America was the largest region in the network as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the network as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The network as a service market consists of revenues earned by entities by providing data center connectivity services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The network as a service market research report is one of a series of new reports from The Business Research Company that provides network as a service market statistics, including network as a service industry global market size, regional shares, competitors with a network as a service market share, detailed network as a service market segments, market trends and opportunities, and any further data you may need to thrive in the network as a service industry. This network as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The global information technology (IT) market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software The global information technology (IT) market size grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology (IT) market share in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology (IT) market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology (IT) market. The regions covered in the information technology (IT) industry analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.