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Total Network Services Expenditures in 2009 to Reach $396.7bn, Representing a Year-Over-Year Growth Rate of 11.1%, Says Pyramid Research.

Posted on: Wednesday, 1 October 2008, 12:00 CDT

Pyramid Research expects total global expenditures for professional and managed network services, which comprise network consulting, implementation, managed network services and network product support services, to reach $396.7bn by the end of 2009, representing a year-over-year growth rate of 11.1%. Of this worldwide total, $265.2bn will be spent externally by service providers and enterprises with leading professional and managed services vendors.

These findings come from the release of the network services industry's most comprehensive market research report, How Services Are Transforming the Network Ecosystem: Global Market Analysis and Forecast, 2008-2013 (http://www.pyramidresearch.com/downloads.htm?id=1&sc=PR081001_NSS)

"This new report provides in-depth market analysis and insights for global network services investments," says Richard Dean, Pyramid Research's Networks Practice Director. "It examines the total addressable market - not simply external spending - and segments the data by four global regions and 26 'impact' countries."

The publication of this report was the foundation for the September 30th webinar, led by Mr. Dean, entitled Worldwide Network Solutions Market Analysis - The Catalyst for Business Model Transformation and the 2020 Vision. The report is also part of Pyramid Research's Network Solutions and Strategies (http://www.pyramidresearch.com/network_solutions_strategies.htm) subscription-based service, combining an ongoing set of research deliverables with exclusive client benefits, including direct analyst access, personalized consultation, on-site strategy workshops, webinars, and conference calls.

To download an excerpt of How Services Are Transforming the Network Ecosystem: Global Market Analysis and Forecast, 2008-2013, click here (http://www.pyramidresearch.com/downloads.htm?id=1&sc=PR081001_NSS).

To view the webinar online, please email Amalia Vega at avega@pyr.com.

About Pyramid Research

For over 20 years, Pyramid Research (www.pyr.com) has helped companies in the converging communications, media, and technology industries stay ahead of market trends, understand competitive threats, and capitalize on opportunities. We advise most of the world's leading vendors, service providers, equipment manufacturers, and financial institutions on how to build offensive strategies and drive profitability. Pyramid Research's Network Solutions and Strategies service ensures its global clients understand how the network is transforming the way people work, live, and play, and how the $82 billion marketplace for advanced network-centric solutions plays a critical role in the communications process through a rigorous qualitative and quantitative research methodology.

Source: Business Wire

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