LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Network Management Services Procurement Market Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix of the telecom and networking industry. This report breaks down the data and analysis behind the procurement of network management services and acts as an all-inclusive guide for making smart purchasing decisions.
“The network management services market is witnessing increased demand from government entities and large organizations, in addition to demand from sectors such as telecom, IT, healthcare, and BFSI,” says lead SpendEdge procurement analyst Angad Singh. “To meet such demand, increase the overall performance of buyers' networks, and sustain in the competition, suppliers are adopting various tools such as network performance monitoring tools and network configuration management tools,” added Angad.
Key Report Features
Supply Market Insights | Negotiation Strategies | ||
Procurement Best Practices | Category Risk Analysis | ||
Cost Saving Opportunities | Key Supplier Analysis | ||
Pricing Models | Supplier Capability Matrix |
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Report Highlights
- The global network management services market is expected to grow at a CAGR of 9.4% over the next five years, primarily driven by demand from large organizations to improve network performance.
- Suppliers need to offer a full range of managed security services that include intrusion detection systems, intrusion prevention systems, secure web gateways, and unified threat management to ease operation overheads related to day-to-day security.
- Category managers need to engage with suppliers that can focus on innovation instead of performing repetitive tasks.
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Network Management Services Pricing Trends
SpendEdge analysts identify the managed service and resource-based pricing models as the most adopted in the network management services market. The managed service pricing model is currently favored as it allows suppliers to make long-term strategic investments that indirectly benefit customers, lets suppliers take end-to-end responsibility for services delivered, and improves the quality of the services delivered.
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About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.