Managed Network Services Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

How Are the key drivers contributing to the expansion of the managed network services market?
The growth of the managed network services market is anticipated to be propelled by the rising utilization of mobile and internet. The internet, a system of globally interconnected networks, facilitates worldwide communication and provides access to digital resources. Managed network services, which involve the monitoring and maintenance of a company's IT infrastructure, are advantageous for internet users and IT consumers as they offer controlled costs and mitigate risks. As per a report issued by Uswitch Limited, a UK-based online and telephone comparison and switching service, in February 2023, there were 71.8 million active mobile connections in 2022, a growth of 3.8% from 2021. By 2025, the UK's population would reach 68.3 million people, and 95% of them are projected to own smartphones. Moreover, it was reported by the International Telecommunication Union, a specialized agency based in Switzerland, in November 2022, approximately 5.3 billion individuals globally, making up 66% of the worldwide population, were internet users in 2022, indicating a growth rate of 6.1% from 2021. Thus, the escalating use of mobile and the internet is contributing to the expansion of the managed network services market.

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What growth opportunities are expected to drive the managed network services market's CAGR through 2034?
The market size of managed network services has seen significant expansion in the preceding years. From $75.18 billion in 2024, it is expected to ascend to $81.78 billion in 2025, clocking a compound annual growth rate (CAGR) of 8.8%. Factors contributing to this growth during the historic period include concerns surrounding cybersecurity, updates to legacy infrastructure, migration to cloud-based services, the advent of telecommuting and remote work, and increased demand for bandwidth.

The market size for managed network services is anticipated to experience significant expansion in the upcoming years, reaching $130.59 billion by 2029 with a compound annual growth rate (CAGR) of 12.4%. This projected growth during the forecast period can be attributed to several factors, including expansion of managed wi-fi services, unified communication and collaboration services, emphasis on optimizing network performance, security integration, and computing growth. Key emerging trends expected to shape the forecast period include attention to network performance monitoring, managed wi-fi services, unified communication services, implementation of 5G and SD-Wan adoption.

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What are the emerging trends shaping the future of the managed network services market?
The emergence of technological innovations is a dominant trend in the managed network services market. Leading firms in this industry are prioritizing the creation of new, tech-driven solutions to amplify their market standing. One such example is Fujitsu, a Japanese company operating in this domain, that introduced a new software virtualized radio access network (vRAN) technology in February 2022, which supports 5G Standalone (SA). This incorporates AI and quantum-inspired Digital Annealer technologies to improve computational resources. The invented vRAN technology counters the issues prevalent in traditional vRANs by providing high-performance, low-power use, possibility of reducing the total system's CO2 emissions by 50%, and ensures users receive high-quality, consistent communication services.

Which growth-oriented segments of the managed network services market are leading the industry's development?
The managed network services market covered in this report is segmented -

1) By Type: Managed LAN, Managed Wi-Fi, Managed VPN, Managed WAN, Network Monitoring, Managed Network Security
2) By Deployment Mode: On-Premises, Cloud
3) By Organization Size: Small Businesses , Medium Businesses, Large Enterprises
4) By Verticals: Banking, Financial Services And Insurance, Retail And Ecommerce, IT And Telecom, Manufacturing, Government, Education, Healthcare, Media And Entertainment, Other Verticals

Subsegments:
1) By Managed LAN: Local Area Network Design, LAN Management And Support, LAN Optimization
2) By Managed Wi-Fi: Wi-Fi Network Design, Wi-Fi Access Point Management, Guest Wi-Fi Solutions
3) By Managed VPN: Site-To-Site VPN Services, Remote Access VPN Services, VPN Configuration And Management
4) By Managed WAN: Wide Area Network Design, WAN Optimization, SD-WAN Solutions
5) By Network Monitoring: Performance Monitoring, Traffic Analysis, Network Health Monitoring
6) By Managed Network Security: Firewall Management, Intrusion Detection And Prevention, Security Policy Management

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What regions are leading the charge in the managed network services market?
North America was the largest region in the managed network services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed network services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the managed network services market?
Major companies operating in the managed network services market are International Business Machines Corporation, Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., Huawei Technologies Co. Ltd., AT&T Inc., BT Group PLC, T-Systems International GmbH, NTT DATA Corporation, Fujitsu Limited, Lumen Technologies Inc., Colt Technology Services Group Limited, Telstra Corporation Limited, Singtel Optus Pty Limited, GTT Communications Inc., Telefonica S.A, Brennan IT, accenture* PLC, Infosys Limited, Nokia Corporation, Dimension Data Holdings, Unisys Corporation, Capgemini SE, Cognizant Technology Solutions Corporation, Masergy Communications Inc., Windstream Holdings Inc., Zayo Group Holdings Inc., Comcast Corporation, Spectrum Enterprise, Orange S.A., Tata Consultancy Services Limited

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What Is Covered In The Managed Network Services Global Market Report?

• Market Size Forecast: Examine the managed network services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the managed network services market for a structured understanding.
• Key Players Overview: Analyze major players in the managed network services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the managed network services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the managed network services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the managed network services market.
• Industry Challenges: Identify potential risks and obstacles affecting the managed network services market.
• Competitive Landscape: Review strategic developments in the managed network services market, including expansions, agreements, and new product launches.

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