Frequently Asked Questions
The market is segmented based on Segmentation, By Component (Managed LAN/WPN Networks, Managed IP Telephony, Managed IP/VPN, Managed Ethernet Links, Managed Wi-Fi, Managed Video Conferencing/ Tele-presence), Service Type (Managed Internet Access and Network Infrastructure Provisioning, Managed VPN, Data Storage, Network Monitoring, Managed Network Security, Hosted IP Telephony and Other Services), Deployment Type (On-Premise and Cloud), Organization Size (Large Enterprises, Small and Medium Enterprises), End User (Banking and Securities, Insurance, Communication, Media and Services, Healthcare Providers, Manufacturers, Retail and Ecommerce, Wholesale Trade, Transportation, Utilities, Education, Government and Others) – Industry Trends and Forecast to 2031.
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The Global Managed Network Services Market size was valued at USD 69.48 USD Billion in 2023.
The Global Managed Network Services Market is projected to grow at a CAGR of 8.95% during the forecast period of 2024 to 2031.
The major players operating in the market include - IBM, Cisco Systems , Telefonaktiebolaget LM Ericsson, Verizon, Huawei Technologies Co. , AT&T Intellectual Property, BT, Telefónica S.A., T-Systems International GmbH, NTT Corporation, Orange Business Services, FUJITSU, Lumen Technologies, Masergy Communications , Colt Technology Services Group Limited, Telstra, CommScope , Singtel, GTT Communications , among others-.
The market report covers data from the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)..