Network Optimization Services Market to Reach USD 9 Billion By 2022
The "Network Optimization Services Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The network optimization services market is expected to grow from USD 4.78 Billion in 2017 to USD 9.08 Billion by 2022, at a CAGR of 13.7 percent during the forecast period.
This market is driven by growing need for scalable and flexible network optimization services, and opportunities created with technological advancements in network infrastructure. On the other hand, variation in performance over cloud and lack of enterprise expertise is one of the restraints for the network optimization services market growth.
The WAN optimization solutions are gaining traction very fast in the current market scenario. This growing interest of organizations is due to the fact that companies have realized that it is the best way to implement network and application optimization on branch office networks. Most of the enterprises have taken applications out of branch offices and consolidated them in centralized data centers, and the work force accessing these applications is highly distributed at distant locations.
