Network Services State of the Market 2024

The network services market is steadily growing due to the enterprise demand for secure, adaptable, and high-performance connectivity solutions. The rapid adoption of cloud computing, IoT, data-intensive applications, and AI workloads highlights how robust network infrastructure enables business resilience and scalability. To address these needs, enterprises are increasingly outsourcing specialized expertise and cost-effective solutions, presenting opportunities and challenges for providers. Key enterprise concerns include strengthening cybersecurity, safeguarding data privacy, and ensuring seamless user experiences. Furthermore, stricter regulations and rising cyber threats are intensifying the need for agile, compliant networks that deliver enhanced speed, scalability, and security to meet evolving enterprise requirements.

In this report, we examine the current global network services market, including trends across industries, geographies, and service segments.