According to Stratistics MRC, the Global Managed Network Services Market is accounted for $53.42 billion in 2020 and is expected to reach $110.40 billion by 2028 growing at a CAGR of 9.5% during the forecast period. Factors such as increasing demand for secure IT infrastructure, rising digital transformation around the world, and high penetration of mobility are driving the growth of the market. However, lack of skilled workforce is hampering the growth of the market.
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Based on the type, the managed network security segment is anticipated to expand at a rapid pace during the forecast period due to the exponential growth of cyberattacks and data breaches. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the growing population and the rising adoption of mobile and internet.
Some of the key players profiled in the Managed Network Services Market include IBM, Cisco, Huawei, Singapore Telecommunications Limited, AT&T, Verizon, Ericsson, Fujitsu, Orange Business Services, Global Cloud Xchange, Telefonica, Colt Technology Services, GTT Communications, T-Systems, NTT.
Types Covered:
• Managed Local Area Network (LAN)
• Managed Wide Area Network (WAN)
• Managed Virtual Private Network (VPN)
• Managed Wi-Fi
• Managed Internet Protocol Telephony
• Managed Video Conferencing/Tele-Presence
• Managed Ethernet Links
• Network Monitoring
• Managed Network Security
• Managed Internet Access and Network Infrastructure Provisioning
• Data Storage
• Managed Network Implementation Services
• Support and Maintenance Services
• Managed Network Design Services
Organization Sizes Covered:
• Small and Medium Enterprises
• Large Enterprises
Deployment Modes Covered:
• On-Premises
• Cloud
End Users Covered:
• Banking & Securities
• Manufacturing & Natural Resources
• Energy and Utilities
• Insurance
• Healthcare Providers
• Education
• Government
• Retail and Ecommerce
• Communication, Media & Services
• Wholesale Trade
• Transportation
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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