North American Market Forecast
Network consulting services market in North America industry is poised to account for largest revenue share of 42% by 2037 impelled by rapid digitalization. The United States economy and the workplace have seen significant transformation in recent decades owing to digitalization, which is anticipated to increase US GDP by more than USD 1 trillion by 2025 while displacing around 11 million middle-skill employment. Moreover, the U.S. finds that digital transformation is now a must for organizations in many industries as a result, businesses are becoming more reliant on service providers. American businesses are quickly implementing cloud computing, IoT, AI, virtual, and mixed reality (AR/VR/MR) and cybersecurity solutions to improve manufacturing and maintenance processes, and give consumers and employees more immersive experiences.
APAC Market Statistics
The Asia Pacific network consulting services market is estimated to be the second largest, during the forecast timeframe led by the increasing deployment of 5G networks. For instance, In India, 5G is now widely used and recently over 300,000 5G base transceiver stations (BTS) have been deployed in more than 712 districts throughout the country.
Author Credits: Abhishek Verma
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