Advanced Network Services 2024 Market Insights™

July, 2024

$2,950.00

Report Summary

This report identifies key demand-side trends in the advanced network services space, helping enterprises fine-tune their advanced network adoption strategies. It consists of key trends and enterprise business challenges in the advanced network services space based on Avasant’s assessment.

Why read this Market Insights?

The increasing need to offer seamless connectivity and optimize network resources, efficiency, and security is driving the need for advanced networks. These networks, such as SD-WAN, SASE, private 5G/LTE, and multicloud networking, are becoming increasingly essential to support the growing demand for multicloud environments, improved user experiences, operational efficiency, and digital transformation initiatives across industries. Additionally, enterprises are adopting multicloud strategies to manage complex multicloud environments. These strategies involve using cloud network management tools, cloud interconnection hubs, and multicloud network platforms to gain better visibility and control over connectivity and security across various cloud providers.

The Advanced Network Services 2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any advanced networks project they take part in.

Methodology

The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–7)

    • Defining advanced network services
    • Key enterprise advanced network services trends shaping the market
    • Avasant recognizes 23 top-tier providers offering advanced network services

Demand-side trends (Pages 8–12)

    • Manufacturing, media and entertainment, and retail industries lead the way in network transformation.
    • Adoption of SASE is increasing as enterprises converge networking and security functions.
    • Enterprises are adopting private 5G/LTE networks to enable industry 4.0 initiatives.
    • Adoption of secure multicloud networking is on the rise, improving visibility and control.

Key contacts (Page 13)


Read the Research Byte based on this report. Please refer to Avasant’s Advanced Network Services 2024 RadarView™  for detailed insights on the service providers and supply-side trends.