The continued remote working trend worldwide is compelling IT companies to fine-tune their networks to make them end-to-end feasible for data accessibility by remote employees. Also, several trends like enterprise network strategy, networking with remote AI support, the growth of intent-based networking (IBN), and other features should further drive the growth of the networking market.
In addition, the increasing technological breakthroughs and product upgrades by manufacturers and software developers are likely to offer significant expansion opportunities for existing players. The global cloud-managed networking market is expected to grow at a CAGR of 21.1% by 2027.
