The partner and interconnect management global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Partner And Interconnect Management Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The partner and interconnect management market size has grown rapidly in recent years. It will grow from $1.26 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to increased demand for global connectivity, strategic initiatives by market players.
The partner and interconnect management market size is expected to see rapid growth in the next few years. It will grow to $2.47 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to rising need of efficient roaming services, rising adoption of cloud-based services, proliferation of mobile devices and data traffic. Major trends in the forecast period include technological advancements, growing research and development activities, rising adoption of cloud-based services, product innovations, partnerships.
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Scope Of Partner And Interconnect Management Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Partner And Interconnect Management Market Overview
Market Drivers –
The rising adoption of cloud-based services is expected to propel the growth of the partner and interconnect management market going forward. Cloud-based services refer to computing services such as storage, applications, and processing power that are delivered to users over the internet from remote servers maintained by a third-party provider. Partner and interconnect management help optimize costs associated with cloud-based services by negotiating favorable terms, minimizing redundant services, and optimizing resource utilization across different providers. For instance, in December 2023, according to the European Commission, a Belgium-based government body, approximately 42.5% of EU enterprises procured cloud computing services in 2023, marking a 4.2% increase in the share of enterprises purchasing cloud computing services compared to 2021. Therefore, the rising adoption of cloud-based services is driving the growth of the partner and interconnect management market.
Market Trends –
Major companies operating in the partner and interconnect management market are developing advanced technologies, such as partner management platforms, to better serve customers with advanced features. A partner management platform is a software solution designed to streamline the relationship between a company and its partners, which could include distributors, resellers, suppliers, and other types of business collaborators. For instance, in November 2023, ZINFI Technologies Inc., a US-based provider of partner relationship management SaaS applications, launched the state-of-the-art hyper-personalized partner journey platform. The newly introduced partner journey platform by ZINFI represents a unique advancement in partner relationship management. It revolutionizes how enterprises interact with their partner ecosystems from the outset, encompassing everything from initial onboarding and empowerment to collaborative marketing and sales efforts and beyond. This innovative platform offers seamless integration of diverse partner management workflows, ensuring a unified and customized experience for each partner.
The partner and interconnect management market covered in this report is segmented –
1) By Offering: Solution, Services
2) By Operating System: Windows, Linux
3) By Agreement: BI-Lateral Agreement, UNI-Lateral Agreement
4) By Deployment: Cloud, On-Premises
5) By Application: Partner Management, Revenue Assurance, Traffic Monitoring And Reporting, Least Cost Routing, Prepayment And Credit Control, Dispute Management And Settlement, Other Applications
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Regional Insights –
Asia Pacific was the largest region in the partner and interconnect management market in 2023. The regions covered in the partner and interconnect management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Huawei Technologies, Cisco Systems, Oracle Corporation, SAP SE, Ericsson Corporation, Nokia Corporation, Juniper Networks, Amdocs, Ciena Corporation, CSG Systems International Inc., Ribbon Communications Inc., Sterlite Technologies Limited, Syniverse Technologies LLC , Enghouse Networks Ltd., TEOCO Corporation, Comviva Technologies Ltd., Matrixx Software Inc., Nexign, Panamax Inc., Optiva Inc., Redknee Solutions, Aria Systems, Cerillion Technologies Limited, TOMIA, Anam Technologies Ltd
Table of Contents
1. Executive Summary
2. Partner And Interconnect Management Market Report Structure
3. Partner And Interconnect Management Market Trends And Strategies
4. Partner And Interconnect Management Market – Macro Economic Scenario
5. Partner And Interconnect Management Market Size And Growth
…..
27. Partner And Interconnect Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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