Cloud Managed Network Market by Type (Services, Software), Deployment (Hybrid, Private, Public), Organization Size, Vertical - Global Forecast 2024-2030
The Cloud Managed Network Market size was estimated at USD 20.42 billion in 2023 and expected to reach USD 22.97 billion in 2024, at a CAGR 12.84% to reach USD 47.58 billion by 2030.The cloud-managed network provides the visibility, management, and scale needed to operate today's distributed cloud and on-premises network, security, location infrastructure, and user-specific services. Cloud-managed network platform offers security and privacy in data transmission and provides a high data availability accessible to users. The managed cloud platform allows enterprises to shift their entire network process on cloud computing to maintain the network performance on cloud networking. Market players are rapidly adopting cloud-managed network solutions to streamline their business procedures and deliver better and more agile services to their customers. However, high operating and administrative costs and data security and privacy issues significantly impede cloud-managed network adoption. In addition, market players are offering services to developers to create, manage, and deploy applications in private and public cloud environments. Increasing usage of AI and ML in cloud-managed network platforms and integrating advanced hybrid cloud models create robust opportunities for developing cloud-managed networking.Regional InsightsThe rise of the North American market is attributed to numerous multinational corporations in industrialized nations such as the U.S. and Canada. The significant expenditures being made in the installation of cloud services by both government-affiliated businesses and commercial organizations help the regional market expand. In Asia-Pacific countries such as China, Japan, Singapore, South Korea, and India, the efforts by public and private institutions to bring ICT and telecommunications to increase efficiency and improve productivity for businesses operating in different verticals drive the need for the cloud-managed network. Also, the need to support next-generation offerings, such as cloud services, AI, IoT, and edge computing, increases digital economic growth and innovation within the Asia-Pacific region. In European countries such as Germany, Spain, and Benelux, deploying 5G networks and growing investment for developing secure networking infrastructure across industries increases the adoption of cloud-managed networks.
FPNV Positioning MatrixThe FPNV Positioning Matrix is pivotal in evaluating the Cloud Managed Network Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cloud Managed Network Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company ProfilesThe report delves into recent significant developments in the Cloud Managed Network Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Accrets International Pte Ltd., Alcatel-Lucent S.A., Arista Networks, Inc., Arrcus Inc., Auvik Networks Inc., Aviatrix Systems, Inc., Cisco Systems, Inc., Cloud Managed Networks, Cloudscape Technologies, CommScope, Inc., D-Link Corporation, DynTek, Inc., Emtech by Dexxon Group, EnGenius Technologies, Extreme Networks, Flexgrid, Fortinet, Inc., Fujitsu Ltd., GTT Communications, Inc., HashiCorp, Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., IDC by Blackstone Inc., Infoblox Inc., Infosys Ltd., InHand Networks, International Business Machines Corporation, Iptechview, Inc., Iricent Ltd., Isovalent, Inc., IT Desk, Juniper Networks, Inc. by Synopsys, Kalyx Networks Pvt. Ltd., Mindsight, NEC Corporation, New H3C Technologies Co., Ltd., Nokia Corporation, NTT Limited, Pinnacle Technology Partners, Piolink, Inc., Prodec Networks by TIEVA, Prophecy Networks Ltd., Prosimo Inc., Redway Networks Ltd., Teldat Group, Telefonaktiebolaget LM Ericsson, Total Communications by Frontier Communications Corporation, Veracloud, and Zyxel Communications Corporation.
Market Segmentation & CoverageThis research report categorizes the Cloud Managed Network Market to forecast the revenues and analyze trends in each of the following sub-markets:Type
Services
Software
Deployment
Hybrid
Private
Public
Organization Size
Large Enterprises
Small & Medium Enterprises
Vertical
Banking, Financial Services & Insurance
Healthcare & Life Science
Information Technology
Legal & Education
Manufacturing
Retail & eCommerce
Telecommunications & Networking
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:1. What is the market size and forecast of the Cloud Managed Network Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cloud Managed Network Market?
3. What are the technology trends and regulatory frameworks in the Cloud Managed Network Market?
4. What is the market share of the leading vendors in the Cloud Managed Network Market?
5. Which modes and strategic moves are suitable for entering the Cloud Managed Network Market?
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