The Partner And Interconnect Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Partner And Interconnect Management Global Market Report 2024, 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.
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.
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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
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 report table of contents includes:
1. Executive Summary
2.Partner And Interconnect Management Market Characteristics
3.Partner And Interconnect Management Market Trends And Strategies
4.Partner And Interconnect Management market analysis
5.Partner And Interconnect Management Market Size And Growth
6.Partner And Interconnect Management Segmentation
7.Partner And Interconnect Management Regional And Country Analysis
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27.Partner And Interconnect Management Competitive Landscape And Company Profiles
28.Partner And Interconnect Management Key Mergers And Acquisitions
29.Partner And Interconnect Management Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Huawei Technologies
- Cisco Systems
- Oracle Corporation
- SAP SE
- Ericsson Corporation
- Nokia Corporation
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