Network Consulting Services Market Trends

Growth Drivers

• Growing Volume of Data – This results in growing concerns about data security and privacy critical to the organization's success, which makes network consulting a crucial part of a strong cybersecurity architecture, and has also become essential for planning, and refining networks to effectively handle the increasing volumes of data.For instance, every day, over 2 quintillion bytes are produced worldwide, and the data volume is expected to exceed 170 zettabytes by 2025.
• Upsurge in the Number of Internet Users – Network consultants create and manage network infrastructure for their clients, provide assessments of network maturity, maintain safe servers, generate internet domains, and expand server capacity to maximize information flow. It is observed, that approximately 69% of the world’s population will be actively using the Internet in 2022.
• Growing Cloud-based Storage- Owing to their superior performance, security, and data protection, data storage consulting services are ideal for professional cloud storage as they can support companies of all sizes in implementing object storage, and can also support the creation of hybrid cloud strategies that take into account the unique requirements of each enterprise.It was found that, in the year 2015, about 25% of data was stored in the cloud globally, whereas the total amount of data that will be stored in the cloud is estimated to reach ~50% by 2025.

Challenges

• Concern of Increasing Data Breaches - When someone from the outside manages to get past the security and into the network, it is called a network security breach which poses a significant obstacle for network consulting services. Moreover, the complexity of handling data breach concerns is increased by the size and extent of contemporary networks, and given the ever-changing nature of the industry.
• Challenges to Abide by the Changing Regulatory Policies can Increase the Complexity
• Changing Client Demands and Shortage of Skilled Professionals