[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.
Principal Consultant
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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