Press release
Managed Network Services Market: Rapid Growth, Major Players, and Key Trends
Projected Growth and Market Size of Global Managed Network Services
• The managed network services market has seen robust growth in recent years. In 2024, the market size was valued at $75.18 billion. By 2025, the market size is expected to reach $81.78 billion, representing a CAGR of 8.8%.
• This growth can be attributed to factors such as cybersecurity concerns, legacy infrastructure upgrades, cloud migration, telecommuting, and remote work, and bandwidth demand growth.
• Looking ahead, the managed network services market is projected to experience continued rapid growth. It is anticipated to reach $130.59 billion in 2029 at a CAGR of 12.4%.
• Growth drivers for this period include unified communication and collaboration services, the expansion of managed wi-fi services, focus on network performance optimization, security integration, and computing growth.
What Is Driving The Growth In The Managed Network Services Market?
The rising adoption of mobile and internet platforms is propelling the growth of the managed network services market. The internet, a global network system, enables worldwide communication and access to digital resources. Managed network services, which include monitoring and maintenance of a company's IT systems, provide benefits for internet users and IT consumers by controlling costs and reducing risks. For instance, Uswitch Limited reported in 2023 that 71.8 million mobile connections were active in 2022, representing a 3.8% increase from 2021. Furthermore, the International Telecommunication Union reported in 2022 that an estimated 66% of the global population, or around 5.3 billion people, use the internet. This represented a growth rate of 6.1% from 2021.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8850&type=smp
Who Are the Key Players Driving Managed Network Services Market Growth?
The key companies operating in the managed network services market include:
• 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
What Are The Key Trends In The Managed Network Services Market?
• Focus on network performance monitoring
• Expansion of managed wi-fi services
• Unified communication services
• Implementation of 5G technology
• Adoption of SD-wan
What Are The Segments Of The Global Managed Network Services Market?
The global managed network services market is segmented by:
1) Managed LAN
2) Managed Wi-Fi
3) Managed VPN
4) Managed WAN
5) Network Monitoring
6) Managed Network Security
The market is also divided by:
1) Deployment mode: On-Premises, Cloud
2) Organization size: Small Businesses, Medium Businesses, Large Enterprises
3) Verticals: Banking, Financial Services And Insurance, Retail And Ecommerce, IT And Telecom, Manufacturing, Government, Education, Healthcare, Media And Entertainment, Other Verticals
Which Region Leads The Managed Network Services Market?
North America was the largest region in the managed network services market in 2024. Going forward, Asia-Pacific is expected to register the fastest growth over the forecast period. The report covers numerous regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/managed-network-services-global-market-report
What Is Covered In The Managed Network Services Market Global Market Report?
- Market Size Analysis: Analyze the Managed Network Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Managed Network Services Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Managed Network Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Managed Network Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=8850&type=smp
About The Business Research Company
The Business Research Company offers comprehensive data-rich research and insights across 27 industries covering 60+ geographies. With over 15,000+ reports and access to 1,500,000 datasets, our in-depth secondary research coupled with unique insights from industry leaders, facilitates informed decision-making.
Our premier market intelligence platform, the Global Market Model (GMM), delivers comprehensive and updated forecasts for effective decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
• The managed network services market has seen robust growth in recent years. In 2024, the market size was valued at $75.18 billion. By 2025, the market size is expected to reach $81.78 billion, representing a CAGR of 8.8%.
• This growth can be attributed to factors such as cybersecurity concerns, legacy infrastructure upgrades, cloud migration, telecommuting, and remote work, and bandwidth demand growth.
• Looking ahead, the managed network services market is projected to experience continued rapid growth. It is anticipated to reach $130.59 billion in 2029 at a CAGR of 12.4%.
• Growth drivers for this period include unified communication and collaboration services, the expansion of managed wi-fi services, focus on network performance optimization, security integration, and computing growth.
What Is Driving The Growth In The Managed Network Services Market?
The rising adoption of mobile and internet platforms is propelling the growth of the managed network services market. The internet, a global network system, enables worldwide communication and access to digital resources. Managed network services, which include monitoring and maintenance of a company's IT systems, provide benefits for internet users and IT consumers by controlling costs and reducing risks. For instance, Uswitch Limited reported in 2023 that 71.8 million mobile connections were active in 2022, representing a 3.8% increase from 2021. Furthermore, the International Telecommunication Union reported in 2022 that an estimated 66% of the global population, or around 5.3 billion people, use the internet. This represented a growth rate of 6.1% from 2021.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8850&type=smp
Who Are the Key Players Driving Managed Network Services Market Growth?
The key companies operating in the managed network services market include:
• 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
What Are The Key Trends In The Managed Network Services Market?
• Focus on network performance monitoring
• Expansion of managed wi-fi services
• Unified communication services
• Implementation of 5G technology
• Adoption of SD-wan
What Are The Segments Of The Global Managed Network Services Market?
The global managed network services market is segmented by:
1) Managed LAN
2) Managed Wi-Fi
3) Managed VPN
4) Managed WAN
5) Network Monitoring
6) Managed Network Security
The market is also divided by:
1) Deployment mode: On-Premises, Cloud
2) Organization size: Small Businesses, Medium Businesses, Large Enterprises
3) Verticals: Banking, Financial Services And Insurance, Retail And Ecommerce, IT And Telecom, Manufacturing, Government, Education, Healthcare, Media And Entertainment, Other Verticals
Which Region Leads The Managed Network Services Market?
North America was the largest region in the managed network services market in 2024. Going forward, Asia-Pacific is expected to register the fastest growth over the forecast period. The report covers numerous regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/managed-network-services-global-market-report
What Is Covered In The Managed Network Services Market Global Market Report?
- Market Size Analysis: Analyze the Managed Network Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Managed Network Services Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Managed Network Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Managed Network Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=8850&type=smp
About The Business Research Company
The Business Research Company offers comprehensive data-rich research and insights across 27 industries covering 60+ geographies. With over 15,000+ reports and access to 1,500,000 datasets, our in-depth secondary research coupled with unique insights from industry leaders, facilitates informed decision-making.
Our premier market intelligence platform, the Global Market Model (GMM), delivers comprehensive and updated forecasts for effective decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
