The global virtual network marketing market is expected to grow at a significant CAGR during the forecast period (2024-2031). For both short-term tactical and long-term strategic considerations, businesses are turning to managed services. Safe communication, which may be done by a secured network, is the most important aspect to consider while expanding a firm. This issue is driving the growth of virtual networking concepts, in which businesses can create a private international network where they can safely interact and access data across all of their branch offices and subsidiaries. Virtual networking solutions and services are also being used by businesses to centrally monitor and manage their whole global and local communication networks, which is expected to leverage the demand for virtual network marketing solutions. In their working environments, consumers are increasingly deploying hybrid networks. The demand for network flexibility is growing in tandem with the rise of businesses. This is causing service providers to build and construct networks that can integrate many networks, such as Ethernet, multiprotocol label switching, the Internet, and others, to meet consumer demand and provide them with more network flexibility.
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As a result, service providers are introducing MPLS IP VPNs (Virtual Private Networks) that provide any-to-any connectivity and fully-managed services, including network and application performance monitoring. This allows end-users to monitor and control their company’s network using virtual networking, and they have full access to the network. In the event when a threat is detected, solution providers assist organizations by informing users and managing network endpoints. Organizations can also receive access to a site where all network operations are reported, such as service management, server-level agreements (SLA) management, mobile health monitoring, and performance reporting, which supports making network management easier. Furthermore, managed network services assist businesses in making the best use of all resources, increasing their efficiency. As a result, ease of network management is expected to be a major factor driving the global virtual network marketing market.
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Market Coverage
- Segment Covered-
o By Product
o By End-User
- Competitive Landscape: Microsoft Corp., IBM Corp., Cisco Systems, Inc., and Google Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Virtual Network Marketing Market Segmentation
By Product
- Cloud
- On-Premise
By End-User
- Enterprises
- Service Providers
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