Managed Network Services Market worth $110.10 billion by 2030, growing at a CAGR of 7.49% - Exclusive Report by 360iResearch

The "Managed Network Services Market by Type (Managed LAN, Managed Network Security, Managed VPN), Deployment Mode (Cloud, On-Premises), Organisation Size, Verticals - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Managed Network Services Market to grow from USD 66.39 billion in 2023 to USD 110.10 billion by 2030, at a CAGR of 7.49%.

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Managed network services refer to a comprehensive suite of services provided by third-party providers to manage an organization's network infrastructure. These services include the managing and monitoring of networks, network operation center (NOC) services, firewalls, virtual private networks (VPNs), bandwidth, and data storage. The primary aim of managed network services is to alleviate the organization's network management burden, allowing them to focus on their core operations. This approach ensures optimal network performance and reliability and provides access to the latest networking technology and expertise, all while potentially reducing operational costs and improving network security. The primary driver of the managed network services market is the increasing complexity of enterprise network infrastructure. As businesses expand their operations globally, the demand for reliable, secure, and scalable network infrastructure becomes paramount. Additionally, the rising demand for cost-effective solutions to manage network operations and the focus on core competencies are pushing companies to adopt these services. However, data security and privacy concerns hinder market growth, as outsourcing network management could potentially expose sensitive information to third parties. Despite these challenges, advances in artificial intelligence (AI) and machine learning (ML) technologies present a potential for enhancing network management solutions, improving efficiency, and reducing the risk of human error. Additionally, the ongoing shift towards remote work models across various industries is expected to boost demand for managed network services that can support robust, secure, and agile network infrastructures.

The managed network services market in the Americas, particularly in North America, is experiencing substantial growth. This surge is primarily fueled by the rapid adoption of cloud-based solutions, the need for improved network security, and the extensive presence of major market players. In the EMEA region, the market is witnessing significant expansion, driven by the growing demand for managed network services in both developed and emerging economies. Europe, with a strong focus on innovations in IoT, AI, and cybersecurity, showcases an increased need for sophisticated network management solutions. The Middle East and Africa are catching up, with investments in infrastructure development and digital transformation strategies, particularly in sectors including finance, healthcare, and government, contributing to market growth. The APAC region is showing the fastest growth in the managed network services market globally. This can be attributed to the rapid economic development in China, India, and Southeast Asian nations, alongside large-scale digitalization efforts across various industries. The growing IT sector, surging demand for cloud-based services, and the need for efficient network management to support expanding business operations are key drivers. Additionally, government initiatives aimed at enhancing digital infrastructure and promoting smart cities are further propelling market growth in this region.

Market Segmentation & Coverage:

This research report categorizes the Managed Network Services Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Managed LAN, Managed Network Security, Managed VPN, Managed WAN, Managed Wi-Fi, and Network Monitoring. The Network Monitoring is projected to witness significant market share during forecast period.

Based on Deployment Mode, market is studied across Cloud and On-Premises. The Cloud is projected to witness significant market share during forecast period.

Based on Organisation Size, market is studied across Large Enterprises and Small & Medium Enterprises. The Small & Medium Enterprises is projected to witness significant market share during forecast period.

Based on Verticals, market is studied across Banking, Financial Services & Insurance, Education, Government, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, and Retail & eCommerce. The Banking, Financial Services & Insurance is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.89% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Managed Network Services Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Managed Network Services Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Managed Network Services Market, highlighting leading vendors and their innovative profiles. These include Andersen Inc., Aryaka Networks, Inc., AT&T, Inc., Broadcom Inc., Carousel Industries, Cisco Systems, Inc., Cognizant Technology Solutions Corporation, Colt Technology Services Group Limited, Fujitsu Limited, Global Cloud Xchange, HCL Technologies Limited, Huawei Technologies Co., Ltd., Infosys Limited, International Business Machines Corporation, Lumen Technologies, Inc., Masergy Communications, Inc. by Comcast Corporation, NTT Ltd., Oracle Corporation, Softchoice, Tata Consultancy Services Limited, Trustwave Holdings, Inc., Verizon Communications Inc., Vodafone Group PLC, and Wipro Limited.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Managed Network Services Market, by Type
7. Managed Network Services Market, by Deployment Mode
8. Managed Network Services Market, by Organisation Size
9. Managed Network Services Market, by Verticals
10. Americas Managed Network Services Market
11. Asia-Pacific Managed Network Services Market
12. Europe, Middle East & Africa Managed Network Services Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Managed Network Services Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Managed Network Services Market?
3. What is the competitive strategic window for opportunities in the Managed Network Services Market?
4. What are the technology trends and regulatory frameworks in the Managed Network Services Market?
5. What is the market share of the leading vendors in the Managed Network Services Market?
6. What modes and strategic moves are considered suitable for entering the Managed Network Services Market?

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