[342 Pages Report] The managed network services market is estimated to be appraised at US$ 61.9 Billion in 2022, anticipated to reach US$ 130.9 billion by 2032 with a CAGR of 7.8% during the forecast period from 2022 to 2032.
| Report Attribute | Details |
|---|---|
| Managed Network Services Market Value (2022) | US$ 61.9 Billion |
| Managed Network Services Market Anticipated Forecast Value (2032) | US$ 130.9 Billion |
| Managed Network Services Market Projected Growth Rate (2022 to 2032) | 7.8% |
Demand for managed network services rises as it is widely used for communicating network that is built, operated, secured and managed by a third-party service provider, which is anticipated to propel the managed network services market growthduring the forecast period from 2022 to 2032.
Rising in prime network providers (generally a telecom company), system integrators and end-use enterprises together in collaboration to set up a network, either over cloud infrastructure or in-house, are estimated to increase in the managed network services market share.
However, the service is always managed by the service providers, thus, transferring the risk and complexities associated with the third party, enabling businesses to focus more on their core business objectives which rising the managed network services market trends & forecasts.
The adoption of managed network services increases as the provider allows the organization to outsource the infrastructure, support and technical maintenance, also much time inclusive of servers, routers, switches, firewall software, and more.
Managed network services include managing Ethernet WAN, MPLS, Internet Leases Line, etc. As these forms are the basis of modern-day IP-based communication in most organizations, demand for managed network servicesis on the rise.
Increasing the digital transformation is another factor to be expected to grow in themanaged network market statisticsin the forthcoming year. Several companies are likely to adopt digital technologies to rise in the adoption of managed network services.
Lack of IT budget, cybercrime and an increase in the number of small & medium enterprises are boosting the managed network services market size in the coming year.
The North American region is likely to dominate the managed network services market statistics with a share of 32.1% all around the region and is likely to enlarge the market during the forecast period.
All these factors are likely to increase the sales of managed network services during the forecast period from 2022 to 2032.
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The major factors boosting managed network services market trends are rising globalization, digitization and increasing use of cloud and BI/Analytics across all industry verticals.
With rising operational complexity due to organizations integrating more cloud, social, mobile, and big data, most CIOs are increasingly considering managed network services as a part of their network strategy, which increases the managed network services market key trends & opportunities.
The networks become more complex, and the need for managed services is getting higher in preference as financial companies and banks continue to integrate advanced technologies with their operations and expand their geographical reach to increase managed network services future trends in coming years.
Managed network services are expected to see high adoption in the BFSI sector. Furthermore, with increasing incidences of network security breaches, companies increasingly prefer adopting managed network services in-house maintenance to ensure high expertise deployment.
Lack of IT workforce skilled with expertise in the cloud era is another factor for organizations triggering them to deploy in the sales of managed network services.
Over the forecast period, as an organization become dependent on technologies such as IoT, AI, Augmented and Virtual Reality, Robotics and Automation, Network Services, Security, and Network Uptime is of crucial importance to rise the managed network services market growth.
The North American region is likely to dominate the managed network services market statistics with a share of 32.1% all around the region and is likely to enlarge the market during the forecast period.
Europe is expected to grow with the managed network services market share of 21.7% during the forecast period.
The Europe managed network services market by country 2020 was dominated by the German market. The increased investment in cloud computing technologies is what essentially propels Europe's managed network services market.
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The changing market and technologies are causing a change in business paradigms. With their contemporary techniques and enhanced technology, new managed network service market competitors are providing fierce rivalry to established participants.
Cloud-based network management software is offered by Ciena. It offers software tools that support network planning and infrastructure management across the course of the infrastructure's life. WDM solutions and photonic layer solutions make up its optical technology offering.
A network performance management system is offered by SevOne. To guarantee application performance and dependability, it provides real-time monitoring, debugging, and performance reporting solutions.
Several key competitors in the managed network services market are focusing on building a lion’s share in the market by adopting their various methodologies and plans. Some of the key competitors in the growth ofmanaged network services market trends are
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In 2021, South Korea and Cisco announced their collaboration in the Cisco country’s digital acceleration program all around the country as it is a worldwide leader in technology.
In 2021, AT&T provides the ERIKS in the digital transport networks to rise in the managed network in the US.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.8% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The managed network services market is likely to advance at a CAGR of 7.8% through 2032.
North America region is set to hold a managed network services market share of 32.1% by 2032.
Managed network services market is expected to account for US$ 130.9 billion by 2032.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. Value Chain Analysis 3.5.1. Profit Margin Analysis 3.5.2. Service Providers 3.6. PESTLE and Porter’s Analysis 3.7. Regulatory Landscape 3.7.1. By Key Regions 3.7.2. By Key Countries 3.8. Regional Parent Market Outlook 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Service 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) Analysis By Service, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Service, 2022-2032 5.3.1. Managed WAN 5.3.2. MPaLS 5.3.3. ILL 5.3.4. Other Related Services 5.3.5. Managed LAN 5.3.6. Virtual Network Services 5.3.7. Network Security 5.3.8. NLD/ILD 5.3.9. Other Services 5.4. Y-o-Y Growth Trend Analysis By Service, 2017-2021 5.5. Absolute $ Opportunity Analysis By Service, 2022-2032 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End Use Industry 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) Analysis By End Use Industry, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By End Use Industry, 2022-2032 6.3.1. Banking and Financial Services 6.3.2. Manufacturing 6.3.3. Communication, Media and Services 6.3.4. Retail and Wholesale 6.3.5. Healthcare 6.3.6. Utilities 6.3.7. Construction 6.3.8. Education 6.3.9. Government 6.3.10. Agriculture 6.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017-2021 6.5. Absolute $ Opportunity Analysis By End Use Industry, 2022-2032 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021 7.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. East Asia 7.3.5. South Asia & Pacific 7.3.6. MEA 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 8.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 8.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 8.2.1. By Country 8.2.1.1. U.S. 8.2.1.2. Canada 8.2.2. By Service 8.2.3. By End Use Industry 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Service 8.3.3. By End Use Industry 8.4. Key Takeaways 9. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. Mexico 9.2.1.2. Brazil 9.2.1.3. Rest of Latin America 9.2.2. By Service 9.2.3. By End Use Industry 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Service 9.3.3. By End Use Industry 9.4. Key Takeaways 10. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. Italy 10.2.1.3. France 10.2.1.4. U.K. 10.2.1.5. Spain 10.2.1.6. BENELUX 10.2.1.7. Russia 10.2.1.8. Rest of Europe 10.2.2. By Service 10.2.3. By End Use Industry 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Service 10.3.3. By End Use Industry 10.4. Key Takeaways 11. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.2. By Service 11.2.3. By End Use Industry 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Service 11.3.3. By End Use Industry 11.4. Key Takeaways 12. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. India 12.2.1.2. ASEAN 12.2.1.3. Australia and New Zealand 12.2.1.4. Rest of South Asia & Pacific 12.2.2. By Service 12.2.3. By End Use Industry 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Service 12.3.3. By End Use Industry 12.4. Key Takeaways 13. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. Turkey 13.2.1.3. South Africa 13.2.1.4. Rest of MEA 13.2.2. By Service 13.2.3. By End Use Industry 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Service 13.3.3. By End Use Industry 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Service 14.1.2.2. By End Use Industry 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Service 14.2.2.2. By End Use Industry 14.3. Mexico 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Service 14.3.2.2. By End Use Industry 14.4. Brazil 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Service 14.4.2.2. By End Use Industry 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Service 14.5.2.2. By End Use Industry 14.6. Italy 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Service 14.6.2.2. By End Use Industry 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Service 14.7.2.2. By End Use Industry 14.8. U.K. 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Service 14.8.2.2. By End Use Industry 14.9. Spain 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Service 14.9.2.2. By End Use Industry 14.10. BENELUX 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Service 14.10.2.2. By End Use Industry 14.11. Russia 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Service 14.11.2.2. By End Use Industry 14.12. China 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Service 14.12.2.2. By End Use Industry 14.13. Japan 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Service 14.13.2.2. By End Use Industry 14.14. South Korea 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Service 14.14.2.2. By End Use Industry 14.15. India 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Service 14.15.2.2. By End Use Industry 14.16. ASEAN 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Service 14.16.2.2. By End Use Industry 14.17. Australia and New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Service 14.17.2.2. By End Use Industry 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Service 14.18.2.2. By End Use Industry 14.19. Turkey 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Service 14.19.2.2. By End Use Industry 14.20. South Africa 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2021 14.20.2.1. By Service 14.20.2.2. By End Use Industry 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Service 15.3.3. By End Use Industry 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Verizon Communications Inc. 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Telstra Global 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. AT&T Inc. 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. China Telecom 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. NTT Communications 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. HCL Technologies 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. Wipro Limited 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Nokia Corporation 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. IBM Corporation 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Cisco Systems Inc. 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 16.1.11. Vodafone Group plc 16.1.11.1. Overview 16.1.11.2. Product Portfolio 16.1.11.3. Profitability by Market Segments 16.1.11.4. Sales Footprint 16.1.11.5. Strategy Overview 16.1.11.5.1. Marketing Strategy 16.1.11.5.2. Product Strategy 16.1.11.5.3. Channel Strategy 16.1.12. Tata Communication 16.1.12.1. Overview 16.1.12.2. Product Portfolio 16.1.12.3. Profitability by Market Segments 16.1.12.4. Sales Footprint 16.1.12.5. Strategy Overview 16.1.12.5.1. Marketing Strategy 16.1.12.5.2. Product Strategy 16.1.12.5.3. Channel Strategy 16.1.13. Bharti Airtel 16.1.13.1. Overview 16.1.13.2. Product Portfolio 16.1.13.3. Profitability by Market Segments 16.1.13.4. Sales Footprint 16.1.13.5. Strategy Overview 16.1.13.5.1. Marketing Strategy 16.1.13.5.2. Product Strategy 16.1.13.5.3. Channel Strategy 16.1.14. Reliance Communication 16.1.14.1. Overview 16.1.14.2. Product Portfolio 16.1.14.3. Profitability by Market Segments 16.1.14.4. Sales Footprint 16.1.14.5. Strategy Overview 16.1.14.5.1. Marketing Strategy 16.1.14.5.2. Product Strategy 16.1.14.5.3. Channel Strategy 16.1.15. Sify Technologies Ltd. 16.1.15.1. Overview 16.1.15.2. Product Portfolio 16.1.15.3. Profitability by Market Segments 16.1.15.4. Sales Footprint 16.1.15.5. Strategy Overview 16.1.15.5.1. Marketing Strategy 16.1.15.5.2. Product Strategy 16.1.15.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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Managed Network Services Market
