Network management services market to reach $349.5m in 2010
Mexico network management services market is expected to increase at 11.3% to reach $349.5m in 2010 compared to $314m in 2009, according to new report by Frost & Sullivan.
The Mexican network management services market is expected to reach $540m with a CAGR of 9.4% through 2015.
In 2010, the wide area networks (WANs) represent 53% of the total revenue generated by network management services market in Mexico.
The research firm said that Mexico and Brazil are the only two countries within Latin America in which the management of WAN services generates more revenues than the management of local area networks (LANs).
Marcelo Kawanami industry manager Frost & Sullivan said the market will be mainly driven by the expansion of companies towards new geographic regions in Mexico and also the increased demand from small and medium companies.
Further, the network management services are likely to be driven by carrier networks developments and the improvement on the integration of telecommunications and IT offerings.