Network Consulting Market Size , Share , Analysis and Forecasts To 2021
Market Research Analysts forecast global network consulting market to grow at a CAGR of 6.87 % during the period 2017-2021 .
According to the report , one of the major drivers for this market is need to adhere to regulatory guidelines and ensure compliance . Companies must follow the guidelines of the regulatory bodies while securing their confidential data through network security processes . Regulatory bodies also make it compulsory to keep the record of log data in certain enterprises like financial service providers , from digital devices and other sources for auditing . Companies are imposed with severe consequences in case of violation of auditing protocols and other business processes .
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Further , the report states that one of the major factors hindering the growth of this market is lack of transparent service level agreements ( SLAs ). SLAs establish a contract between the service provider ( either internal or external ) and the end-user , which covers all possible level of services from the service provider . SLAs are output-based contracts that specifically define the benefits and support received by a customer during the term of the agreement . However , the SLAs do not cover the delivery of services , and end-users are not informed about the full services to be included in SLAs .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .
About Network Consulting
Network consulting services refer to the advisory services provided to help companies analyze and improve the operational performance and technology strategies . The services in this segment are focused on areas such as e-commerce , telecommunications , hardware system design and implementation , software design , acquisition and implementation , website design , and operation .
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Covered in this report
The report covers the present scenario and the growth prospects of the global network consulting market for 2017-2021 . To calculate the market size , the report considers the revenue generated from the sales of IT and network consulting services .