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The managed network services market is expected to grow USD 53.70 billion in 2020 to USD 97.57 billion by 2028, at a CAGR of 7.75% during the forecast period 2021-2028.
Managed network services are webbing services, applications, and functions that businesses outsource to be remotely monitored, operated, and maintained by a controlled service provider. The range of web services increases from WLAN/LAN management and unified interactions to network consulting and implementation services. The advantage of the managed network services is that SMEs companies usually contract with managed service providers (MSPs) because they have limited in-house IT abilities and staff and look for managed network services to achieve networking and IT skill outdoors hiring more workers.
The factors driving the market are the increasing requirement for minimizing capital expenditure (CAPEX) and operating expenditure (OPEX) amidst businesses working in different sectors from all over the world, high penetration of mobility, and the rising use of cloud and BI/Analytics overall market verticals. Furthermore, the absence of IT resources and in-house expertise, increasing demand for digital transformation over the enterprises, increasing government spending on the ICT sector, and the enhanced consumer productivity and loyalty in business operations are also driving the market growth. The factor restraining the market growth is the risk across the service charge, data privacy & security concerns, and the low adoption rate of outsourced managed services. The opportunity for market growth is the expanding demand for managed network services amidst SMEs.
This study delivers a comprehensive analysis of type, deployment model, organization size, vertical and region. The type segment includes managed LAN, managed Wi-Fi, managed WAN, managed network security, and managed VPN. The managed network security segment holds the largest market share in 2020 due to the lower operating expenses of the IT network and improved network security. The deployment model segment includes cloud and on-premise. The cloud segment held the largest market share in 2020 due to the more significant benefits of PaaS, SaaS, and IaaS have needed its providers to keep their delivery through their web with the increasing customer base. The organization size segment includes large enterprise and SMEs. The large enterprise segment held the largest market share in 2020 due to the increasing adopts managed network services being reliable and consistent amidst operational expense reduction. The vertical segment includes retail, energy & utilities, government & defense, BFSI, manufacturing, healthcare, IT & Telecom, and others. The IT & Telecom segment held the largest market share in 2020 due to the expansion in cloud-based services for mobile users around the globe.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share due to the increasing trend of outsourcing and the surge of cloud computing. Additionally, increasing the large number of MSPs in the field also propels this region's market growth. The Asia Pacific is projected to observe significant growth due to the increasing demand for high-speed webs in this region. Additionally, the high-growth population, expanding economies are also boosting the helps the region's market growth. Further, the increasing trend of BYOD and enormous demand for bandwidth-intensive applications to meet industry requirements have expanded the deployment of managed network services are also propel the region's market growth.
Some of the notable players in the market are Cisco, IBM, Verizon, AT&T, Huawei, Ericsson, Vodafone, T-Systems, Orange, BT Group, Colt Technology Services, Sify, Global Cloud Xchange, Oman Data Park, GTT Communications, Telstra, Singtel, CommScope, Wipro, FlexiWAN, DXC Technology, and among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Deployment Model
4.3.3. Market Attractiveness Analysis By Organization Size
4.3.4. Market Attractiveness Analysis By Vertical
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing requirement for minimizing capital expenditure (CAPEX) and operating expenditure (OPEX) amidst businesses working in different sectors from all over the world
5.2.2. High penetration of mobility
5.2.3. Rising use of cloud and BI/Analytics overall market verticals
5.2.4. Increasing government spending on the ICT sector
5.2.5. Enhanced consumer productivity and loyalty in business operations
5.3. Restraints
5.3.1. Risk across the service charge
5.3.2. Data privacy & security concerns
5.3.3. Low adoption rate of outsourced managed services
5.4. Opportunities
5.4.1. Expanding demand for managed network services amidst SMEs
6. Global Managed Network Services Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Managed LAN
6.3. Managed Wi-Fi
6.4. Managed WAN
6.5. Managed Network Security
6.6. Managed VPN
7. Global Managed Network Services Market Analysis and Forecast, By Deployment Model
7.1. Segment Overview
7.2. Cloud
7.3. On-premise
8. Global Managed Network Services Market Analysis and Forecast, By Organization Size
8.1. Segment Overview
8.2. Large Enterprises
8.3. SMEs
9. Global Managed Network Services Market Analysis and Forecast, By Vertical
9.1. Segment Overview
9.2. Retail
9.3. Energy & Utilities
9.4. Government & Defense
9.5. BFSI
9.6. Manufacturing
9.7. Healthcare
9.8. IT & Telecom
9.9. Others
10. Global Managed Network Services Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Managed Network Services Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Managed Network Services Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Cisco
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. IBM
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Verizon
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. AT&T
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Huawei
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Ericsson
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Vodafone
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. T-Systems
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Orange
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. BT Group
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Colt Technology Services
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Sify
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
12.13. Global Cloud Xchange
12.13.1. Business Overview
12.13.2. Company Snapshot
12.13.3. Company Market Share Analysis
12.13.4. Company Product Portfolio
12.13.5. Recent Developments
12.13.6. SWOT Analysis
12.14. Oman Data Park
12.14.1. Business Overview
12.14.2. Company Snapshot
12.14.3. Company Market Share Analysis
12.14.4. Company Product Portfolio
12.14.5. Recent Developments
12.14.6. SWOT Analysis
12.15. GTT Communications
12.15.1. Business Overview
12.15.2. Company Snapshot
12.15.3. Company Market Share Analysis
12.15.4. Company Product Portfolio
12.15.5. Recent Developments
12.15.6. SWOT Analysis
12.16. Telstra
12.16.1. Business Overview
12.16.2. Company Snapshot
12.16.3. Company Market Share Analysis
12.16.4. Company Product Portfolio
12.16.5. Recent Developments
12.16.6. SWOT Analysis
12.17. Singtel
12.17.1. Business Overview
12.17.2. Company Snapshot
12.17.3. Company Market Share Analysis
12.17.4. Company Product Portfolio
12.17.5. Recent Developments
12.17.6. SWOT Analysis
12.18. CommScope
12.18.1. Business Overview
12.18.2. Company Snapshot
12.18.3. Company Market Share Analysis
12.18.4. Company Product Portfolio
12.18.5. Recent Developments
12.18.6. SWOT Analysis
12.19. Wipro
12.19.1. Business Overview
12.19.2. Company Snapshot
12.19.3. Company Market Share Analysis
12.19.4. Company Product Portfolio
12.19.5. Recent Developments
12.19.6. SWOT Analysis
12.20. FlexiWAN
12.20.1. Business Overview
12.20.2. Company Snapshot
12.20.3. Company Market Share Analysis
12.20.4. Company Product Portfolio
12.20.5. Recent Developments
12.20.6. SWOT Analysis
12.21. DXC Technology
12.21.1. Business Overview
12.21.2. Company Snapshot
12.21.3. Company Market Share Analysis
12.21.4. Company Product Portfolio
12.21.5. Recent Developments
12.21.6. SWOT Analysis
List of Table
1. Global Managed Network Services Market, By Type , 2021-2028 (USD Billion)
2. Global Managed LAN, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
3. Global Managed Wi-Fi, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
4. Global Managed WAN, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
5. Global Managed Network Security, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
6. Global Managed VPN, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
7. Global Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
8. Global Cloud, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
9. Global On-premise, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
10. Global Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
11. Global Large Enterprises, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
12. Global SMEs, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
13. Global Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
14. Global Retail, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
15. Global Energy & Utilities, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
16. Global Government & Defense, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
17. Global BFSI, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
18. Global Manufacturing, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
19. Global Healthcare, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
20. Global IT & Telecom,, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
21. Global Others, Managed Network Services Market, By Region, 2021-2028 (USD Billion)
22. North America Managed Network Services Market, By Type , 2021-2028 (USD Billion)
23. North America Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
24. North America Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
25. North America Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
26. U.S. Managed Network Services Market, By Type , 2021-2028 (USD Billion)
27. U.S. Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
28. U.S. Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
29. U.S. Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
30. Canada Managed Network Services Market, By Type , 2021-2028 (USD Billion)
31. Canada Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
32. Canada Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
33. Canada Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
34. Mexico Managed Network Services Market, By Type , 2021-2028 (USD Billion)
35. Mexico Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
36. Mexico Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
37. Mexico Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
38. Europe Managed Network Services Market, By Type , 2021-2028 (USD Billion)
39. Europe Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
40. Europe Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
41. Europe Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
42. Germany Managed Network Services Market, By Type , 2021-2028 (USD Billion)
43. Germany Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
44. Germany Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
45. Germany Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
46. France Managed Network Services Market, By Type , 2021-2028 (USD Billion)
47. France Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
48. France Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
49. France Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
50. U.K. Managed Network Services Market, By Type , 2021-2028 (USD Billion)
51. U.K. Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
52. U.K. Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
53. U.K. Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
54. Italy Managed Network Services Market, By Type , 2021-2028 (USD Billion)
55. Italy Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
56. Italy Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
57. Italy Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
58. Spain Managed Network Services Market, By Type , 2021-2028 (USD Billion)
59. Spain Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
60. Spain Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
61. Spain Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
62. Asia Pacific Managed Network Services Market, By Type , 2021-2028 (USD Billion)
63. Asia Pacific Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
64. Asia Pacific Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
65. Asia Pacific Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
66. Japan Managed Network Services Market, By Type , 2021-2028 (USD Billion)
67. Japan Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
68. Japan Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
69. Japan Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
70. China Managed Network Services Market, By Type , 2021-2028 (USD Billion)
71. China Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
72. China Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
73. China Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
74. India Managed Network Services Market, By Type , 2021-2028 (USD Billion)
75. India Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
76. India Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
77. India Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
78. South America Managed Network Services Market, By Type , 2021-2028 (USD Billion)
79. South America Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
80. South America Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
81. South America Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
82. Brazil Managed Network Services Market, By Type , 2021-2028 (USD Billion)
83. Brazil Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
84. Brazil Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
85. Brazil Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
86. Middle East and Africa Managed Network Services Market, By Type , 2021-2028 (USD Billion)
87. Middle East and Africa Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
88. Middle East and Africa Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
89. Middle East and Africa Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
90. UAE Managed Network Services Market, By Type , 2021-2028 (USD Billion)
91. UAE Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
92. UAE Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
93. UAE Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
94. South Africa Managed Network Services Market, By Type , 2021-2028 (USD Billion)
95. South Africa Managed Network Services Market, By Deployment Model, 2021-2028 (USD Billion)
96. South Africa Managed Network Services Market, By Organization Size, 2021-2028 (USD Billion)
97. South Africa Managed Network Services Market, By Vertical, 2021-2028 (USD Billion)
List of Figures
1. Global Managed Network Services Market Segmentation
2. Global Managed Network Services Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Managed Network Services Market Attractiveness Analysis By Type
9. Global Managed Network Services Market Attractiveness Analysis By Deployment Model
10. Global Managed Network Services Market Attractiveness Analysis By Organization Size
11. Global Managed Network Services Market Attractiveness Analysis By Vertical
12. Global Managed Network Services Market Attractiveness Analysis By Region
13. Global Managed Network Services Market: Dynamics
14. Global Managed Network Services Market Share By Type (2021 & 2028)
15. Global Managed Network Services Market Share By Deployment Model (2021 & 2028)
16. Global Managed Network Services Market Share By Organization Size (2021 & 2028)
17. Global Managed Network Services Market Share By Vertical (2021 & 2028)
18. Global Managed Network Services Market Share By Regions (2021 & 2028)
19. Global Managed Network Services Market Share By Company (2020)
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