Press release
Managed Network Services Market set to achieve $103.9 billion by 2030
Managed Network Services Market
Download Sample Copy: https://www.meticulousresearch.com/download-sample-report/cp_id=5439
The report forecasts that the managed network services market is poised to reach an impressive valuation of $103.9 billion by 2030, showcasing a robust Compound Annual Growth Rate (CAGR) of 8.1% from 2023 to 2030. This growth trajectory is fueled by the widespread adoption of modern campus networks, escalating demand for managed SD-WAN services, and the imperative for enhanced productivity through managed network solutions. However, the market faces challenges stemming from security and compliance concerns, alongside obstacles in marketing and sales efforts for service providers.
The burgeoning demand for managed network services among Small and Medium-sized Enterprises (SMEs) and the exponential rise in global IP and cloud traffic present lucrative opportunities for stakeholders. Furthermore, automation of network monitoring tools and the emergence of cloud-managed network services emerge as prominent trends shaping the market landscape.
Key Market Segments and Projections
The managed network services market is segmented based on service type, organization size, deployment mode, industry vertical, and geography. In 2023, the managed network security services segment is anticipated to dominate the market, driven by heightened demand for intrusion detection and prevention systems and unified threat management solutions.
Get Customized Report: https://www.meticulousresearch.com/request-customization/cp_id=5439
Large enterprises are expected to lead in market share, owing to their substantial demand for managed network services, particularly in areas such as managed SD-WAN and managed VPN services. Conversely, the small and medium-sized enterprises segment is forecasted to witness a higher CAGR during the forecast period, propelled by the need for agile and secure work environments.
Cloud-based deployment is poised for rapid growth, fueled by the need for managing complex network requirements and enhancing service experience. Geographically, North America is anticipated to hold the largest market share, driven by established economies and advanced IT infrastructure. However, Asia-Pacific is projected to register the highest CAGR, underpinned by significant growth potential and the increasing adoption of cloud-based services.
Key Players
Prominent players operating in the managed network services market include IBM Corporation, Cisco Systems Inc., Microsoft Corporation, Telefonaktiebolaget LM Ericsson, and Verizon Communications Inc., among others.
Buy Now: https://www.meticulousresearch.com/Checkout/13009642
The Small & Medium-sized Enterprises Segment to Witness Rapid Growth During the Forecast Period
Based on organization size, the small & medium-sized enterprises segment is expected to register the higher CAGR during the forecast period. The growth of this segment is driven by factors such as the rising need to create an agile, secure, and efficient work environment and the growing demand for SD-WAN & managed LAN services among SMEs operating in the education, retail, healthcare, and manufacturing industries. Small and medium-sized enterprises often collaborate with managed service providers as they have limited in-house IT capabilities and staff. Managed network services offer a way for organizations to access IT & networking expertise without hiring more staff.
About Us:
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Managed Network Services Market set to achieve $103.9 billion by 2030 here
News-ID: 3435472 • Views: …
More Releases from Meticulous Research®
Autonomous AI and Autonomous Agents Market Poised for Massive Growth
The global autonomous AI and autonomous agents market is witnessing exponential expansion, driven by rapid advancements in machine learning, deep learning, and artificial intelligence adoption across multiple industries. Valued at USD 7.91 billion in 2024, the market is projected to reach USD 11.5 billion in 2025 and surge to a staggering USD 477.8 billion by 2035, registering a CAGR of 45.2% during the forecast period.
As industries increasingly look for ways…
AI-Generated Fashion Market to Reach $75.9 Billion by 2035 | Meticulous Research
AI-Generated Fashion Market Overview
The global AI-generated fashion market is experiencing explosive growth as artificial intelligence reshapes the way clothing, footwear, and accessories are designed, marketed, and consumed. The market was valued at USD 2.14 billion in 2024 and is expected to reach USD 2.91 billion in 2025. Looking further ahead, it is projected to skyrocket to nearly USD 75.9 billion by 2035, growing at a staggering CAGR of 38.6%. This…
Enterprise Data Visualization Market Size, Share & Forecast 2035 | Meticulous Re …
Enterprise Data Visualization System Market Overview
The global enterprise data visualization system market is on a remarkable growth path. Valued at USD 9.75 billion in 2024, it is expected to reach USD 11.13 billion in 2025 and surge to nearly USD 40.16 billion by 2035, expanding at a robust CAGR of 13.6% during the forecast period. This rapid growth highlights the increasing importance of data visualization as organizations strive to transform…
Enterprise Generative AI Market to Witness Explosive Growth by 2035 | Meticulous …
The enterprise generative AI market is entering a transformative era as businesses worldwide embrace artificial intelligence to drive innovation, enhance customer engagement, and optimize operations. Generative AI, which refers to algorithms and models capable of creating new content such as text, images, audio, and code, is no longer confined to research labs or niche applications. It has rapidly moved into mainstream enterprise use cases, reshaping industries like IT & telecom,…
More Releases for Managed
Managed IT Infrastructure Services Market by Solution (Managed Data Center, Mana …
Managed IT infrastructure services is an approach that combines together knowledge, procedures, and technology, which finally power the services that support business processes. Managed IT infrastructure services offer a sound business understanding to deploy or replace existing IT infrastructure. Without clearly defining business goals and process functionalities, selecting the right systems, applications, and technologies that meet business requirement, managed IT infrastructure services drives most of the critical tasks and thereby…
Managed Security Services Market Outlook to 2025 – Managed Firewall, Managed I …
Managed Security Services Market is expected to grow from US$ US$ 17716.7 Million in 2017 to US$ 61855.5 Million by 2025 at a CAGR of 16.9% between 2017 and 2025.
Worldwide Managed Security Services Market Analysis to 2025 is a specialized and in-depth study of the Managed Security Services Market with a focus on the global market trend. The report aims to provide an overview of global Managed Security Services Market…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
Managed Network Services Market will reach nearly US$ 120 Bn in revenues by 2028 …
Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction. Fact.MR envisages that the demand for…
Global IOT Managed Services Market By Type (Managed Security Services, Managed D …
IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications,…
