Internet Backbone Services Market is expected to experience significant growth of USD 3608.60 billion by 2029

PRESS RELEASE
Published May 25, 2023

The report on Internet Backbone Services presents key strategies employed by leading industry manufacturers. It covers production specifications, volume, production value, feasibility analysis, classification based on types and end-user application areas, along with geographic growth and upcoming advancements. This comprehensive report outlines the industry’s requirements, technological aspects, and production analysis, considering major factors such as revenue, investments, and business growth.

The Internet Backbone Services report explores various topics, including the regional marketplace, product market across different applications, market size specific to each product, sales and revenue by region, manufacturing cost analysis, industrial chain, and market size forecasts. Additionally, the report utilizes Porter’s Five Forces analysis to examine different perspectives of the market. It facilitates the development of strategic initiatives by understanding the key focus areas of prominent companies in the industry.

Global Internet Backbone Services Market was valued at USD 2,893.30 billion in 2021 and is expected to reach USD 3608.60 billion by 2029, registering a CAGR of 2.8% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate,s market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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Drivers

  • Advancements in Communication

The rise in advancements in communication to provide seamless communication to consumers across the globe acts as one of the major factors driving the internet backbone services market. Also, increase in the consumption through next-gen connected devices has a positive impact on the market growth.

  • Digital Transformation

The surge in the digital transformation across various industries accelerate the market growth. The rise in need for these services in digitalization of hospital records, media and entertainment content, online commerce for retail goods and services, and e-government initiatives has a positive impact on the market.

  • High Use of the Internet

The increase in the use of the Internet, and rise in the access to media and video streaming further influence the market. The presence of well-designed data and voice packages and enticing purchase offers assist in the expansion of the market.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the internet backbone services market.

Key Players Profiled In the Report Includes                                       

  • GTT Communications, Inc. (US)
  • SYNNEX Corporation (US)
  • Oracle (US)
  • Juniper Networks, Inc. (US)
  • VMware, Inc (US)
  • Telstra Corporation Limited (Australia)
  • DXC Technology Company (US)
  • IBM (US)
  • NEC Technologies India Private Limited (India)
  • Hewlett Packard Enterprise Development LP (US)
  • Meta Networks Ltd (Israel)
  • Masergy. (US)
  • AT&T Intellectual Property (US)
  • Cisco (US)
  • Verizon Wireless. (US)
  • CenturyLink (US)
  • ARYAKA NETWORKS, INC. (UK)
  • Broadcom (US)
  • Ciena Corporation (US)
  • Cloudgenix (US)

Reasons To Purchase this Report:

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Analysing the outlook of the market with the recent trends and SWOT analysis

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Key Market Segmentation

Services

  • E-mail
  • Websites

Type

  • Voice
  • Video
  • Virtualized Environments
  • WAN

Application

  • Cloud Provider Choice
  • Cloud-to-Cloud Connections
  • File Transfer
  • Backup

Internet Backbone Services Market Regional Analysis/Insights

The internet backbone services market is analysed and market size insights and trends are provided by country, services, type and application as referred above.

The countries covered in the global internet backbone services market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the internet backbone services market due to the broad accessibility, rising technological advancements, and proactive government initiatives within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the high deployment of the services in the household in the region.

This comprehensive report provides:

  1. Improve strategic decision making
  2. 2. Research, presentation and business plan support
  3. Show emerging market opportunities to focus on
  4. Industry knowledge improvement
  5. It provides the latest information on important market developments.
  6. Develop an informed growth strategy.
  7. Build technical insight
  8. Description of trends to exploit
  9. Strengthen competitor analysis
  10. By providing a risk analysis, you can avoid pitfalls that other companies may create.
  11. 11. Ultimately, you can maximize your company’s profitability.

Click to view the full report Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-internet-backbone-services-market

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