Global Managed MPLS Market 2023-2027

Global Managed MPLS Market 2023-2027
The managed MPLS market is forecasted to grow by USD 7239.8 mn during 2022-2027, accelerating at a CAGR of 6.41% during the forecast period. The report on the managed MPLS market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for secure and reliable connectivity, growing adoption of cloud-based services, and globalization of businesses.

Technavio's managed MPLS market is segmented as below:

By End-userIT and telecommunicationHealthcareBFSIRetailOthersBy ServiceLevel 2 VPNLevel 3 VPNBy Geographical LandscapeNorth AmericaEuropeAPACMiddle East and AfricaSouth AmericaThis study identifies the expansion of managed sd-wan services as one of the prime reasons driving the managed MPLS market growth during the next few years. Also, migration to ipv6 and hybrid network approaches will lead to sizable demand in the market.

The report on the managed MPLS market covers the following areas:Managed MPLS market sizingManaged MPLS market forecastManaged MPLS market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading managed MPLS market vendors that include AT and T Inc., Bharat Sanchar Nigam Ltd., Bharti Airtel Ltd., BT Group Plc, Cisco Systems Inc., ERNET India, Forcepoint LLC, International Business Machines Corp., Juniper Networks Inc., Lumen Technologies Inc., NTT Communications Corp., Orange SA, Palo Alto Networks Inc., Reliance Industries Ltd., Syringa Networks LLC, T Mobile US Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., Versa Networks Inc., and Vodafone Group Plc. Also, the managed MPLS market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.