Global Managed Network Services Market 2023-2027

Global Managed Network Services Market 2023-2027
The managed network services market is forecasted to grow by USD 15.77 bn during 2022-2027, accelerating at a CAGR of 4.32% during the forecast period. The report on the managed network services 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 increased adoption of IoT solutions, rising adoption of cloud computing services, and increasing IT spending of companies.

Technavio's managed network services market is segmented as below:

By End-userBFSIRetail and e-commerceIT and telecomHealthcareOthersBy DeploymentCloudOn-premiseBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the increasing automation in managed network services as one of the prime reasons driving the managed network services market growth during the next few years. Also, growing recent developments related to IT professional services and growing trend of technologies, such as big data and analytics will lead to sizable demand in the market.

The report on the managed network services market covers the following areas:Managed network services market sizingManaged network services market forecastManaged network services 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 network services market vendors that include Accenture Plc, AT and T Inc., Brennan VDI Pty Ltd., BT Group Plc, Cisco Systems Inc., Colt Technology Services Group Ltd., Deutsche Telekom AG, Fujitsu Ltd., GTT Communications Inc., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Lumen Technologies Inc., Nippon Telegraph And Telephone Corp., Orange SA, Singapore Telecommunications Ltd., Tata Consultancy Services Ltd., Telefonaktiebolaget LM Ericsson, Telefonica SA, Telstra Ltd., and Verizon Communications Inc. Also, the managed network services 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.