The Managed Network Services Market Report provides a comprehensive and in-depth analysis of the market landscape. It covers market size, growth trajectory, and key applications, while also providing a detailed assessment of the competitive environment. The report analyzes key market players, their product offerings, and their go-to-market strategies.
This report explores how the market is being shaped by various factors across industries, identifying both existing and emerging use cases. It segments the market by component, application, and geography, highlighting areas with the most significant growth potential. The report also addresses the key challenges and regulatory hurdles affecting market adoption, providing a balanced and realistic outlook for stakeholders.
Managed Network Services Market Size
- The global managed network services market size was valued at USD 75.69 billion in 2024 and is expected to reach USD 150.28 billion by 2032, at a CAGR of 8.95% during the forecast period
- This growth is driven by increased demand for effective security solutions and growing mobile and internet penetration
Get a comprehensive analysis and future outlook for the Managed Network Services. Uncover all the data, analysis, and strategic recommendations in the complete report: https://www.databridgemarketresearch.com/reports/global-managed-network-services-market
Managed Network Services Market Dynamics
Driver
“Rising Demand for Unified Communication Solutions”
- As businesses increasingly operate in hybrid and remote environments, there is a growing demand for integrated communication platforms that unify voice, video, messaging, and data services.
- Managed Network Services are enabling this by offering centralized management of communication tools, which simplifies IT operations and enhances user collaboration.
- Enterprises are looking to minimize fragmented platforms by adopting unified communications as a service (UCaaS) bundled with managed network offerings.
- For instance, in 2023, BT Group introduced its new managed UCaaS offering, combining voice, video, and conferencing services into a single, cloud-managed platform for business clients.
- The push for unified communications is accelerating the integration of collaboration tools within managed network services, fostering productivity and cost savings
Opportunity
“Rising Demand from the Healthcare and Financial Sectors”
- The healthcare and financial industries are increasingly adopting managed network services to ensure secure, real-time data exchange, comply with stringent regulatory standards, and improve service delivery
- These sectors require high-performance, low-latency, and secure communication networks, which managed services are uniquely positioned to provide
- Growing investments in telemedicine, digital banking, and cybersecurity compliance are expanding the scope of managed network services in these high-growth verticals
- For instance, in 2024, Infosys partnered with a leading healthcare group in the U.S. to provide managed network infrastructure with end-to-end encryption and real-time data support for remote diagnostics
- The increasing digitalization of healthcare and finance represents a key growth opportunity for providers specializing in sector-specific managed network services
Managed Network Services Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
The Major Market Leaders Operating in the Market Are:
- IBM (U.S.)
- Cisco Systems, Inc. (U.S.)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Verizon (U.S.)
- Huawei Technologies Co., Ltd. (China)
- AT&T Intellectual Property. (U.S.)
- BT (U.K.)
- Telefónica S.A. (Spain)
- T-Systems International GmbH. (Germany)
- NTT Corporation. (Japan)
- Orange Business Services (France)
- FUJITSU (Japan)
- Lumen Technologies. (U.S.)
- Masergy Communications, Inc. (US)
- Colt Technology Services Group Limited (U.K.)
- Telstra (Australia)
- CommScope, Inc. (U.S.)
- Singtel (Singapore)
- GTT Communications, Inc. (U.S.)
Latest Developments in Global Managed Network Services Market
- In September 2024, US Signal Company, LLC, a leading digital infrastructure provider and portfolio company of Igneo Infrastructure Partners, completed its acquisition of OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (OneNeck) from Telephone and Data Systems, Inc., strengthening its managed services capabilities and expanding its data center footprint across the U.S. This strategic acquisition is expected to enhance US Signal’s market position and accelerate its growth in the managed network services sector
- In June 2023, Wipro launched a managed private 5G-as-a-service solution in partnership with Cisco, allowing enterprises to integrate private 5G seamlessly into their existing LAN, WAN, and cloud infrastructure for improved business outcomes. This move highlights the growing convergence of 5G and managed services, offering enterprises more control and efficiency
- In May 2023, Cloudflare Inc. partnered with Kyndryl Holdings Inc., a major IT infrastructure services provider, to modernize and scale enterprise networks through managed WAN-as-a-Service and Cloudflare Zero Trust, enabling secure, large-scale cloud connectivity. This collaboration reflects the increasing demand for scalable and secure managed networking solutions across multi-cloud environments
- In May 2023, NTT announced its Next Generation Platform for Managed Network Services, providing businesses with a direct path to network transformation through NTT’s deep expertise and expansive technical resources. This platform positions NTT as a leading innovator in managed network services, focusing on flexibility and transformation
- In February 2023, Huawei launched a digitally managed network solution designed to drive new B2B service growth for telecom carriers, offering enhanced network intelligence and automation. This solution underscores Huawei’s commitment to supporting carrier evolution through advanced managed services
- In June 2021, AT&T Business and Cisco introduced Webex Calling with AT&T - Enterprise, integrating Cisco’s Unified Communications Manager Cloud (UCMC) to support flexible, cloud-based business communication. This integration showcases the trend of embedding unified communications into managed network offerings
- In May 2021, Cisco Webex and Box announced deeper integrations between their platforms, aimed at enabling customers to collaborate securely and efficiently in cloud environments. This partnership supports the continued shift toward cloud-native managed services that emphasize productivity and security
Key Report Insights
- Market Sizing and Forecasting: Present and future market valuation.
- Industry Trends: The impact of technology, globalization, and other factors.
- Competitive Analysis: Market share and strategic profiles of major players.
- Segmentation: Analysis by type, platform, and client industry.
- Client & Consumer Behavior: Insights into purchasing decisions and loyalty.
- Regional Analysis: A detailed breakdown of regional market performance.
Report Contents
Introduction: Report Objectives and Methodology
Industry Overview & Market Dynamics
Market Segmentation & Sizing
Competitive Landscape & Player Analysis
Market Opportunities & Strategic Recommendations
Regional Market Insights
Future Outlook & Conclusion
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