Cloud Managed Networking Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Cloud Managed Networking Market
The Cloud Managed Networking market was valued at USD 3.32 billion in 2023, and the market is now projected to grow to USD 14.61 billion by 2032, exhibiting a CAGR of 21.1% during the forecast period of 2024-2032.
The most prevailed and progressing novel coronavirus widespread is seriously influencing the worldwide economy. As of now, the widespread has compelled organizations to allow their workers WFM (work from home) approach. Concurring to an overview by Owl Labs, in March 2020, around 16% of organizations over the globe have executed work from domestic approaches for their representatives. Too, the development of the IT division has moderated down and generally IT budgets and ventures have gone down essentially. Considering the preparatory pointers from the primary quarter of 2020, a minor decline is witnessed within the general demand for cloud managed networking market growth.
One of the evolving cloud managed networking market share patterns is the rising appropriation of progressed crossover cloud models in overseen organizing administrations. Half breed cloud overseen organizing offers highlights such as advanced business models, secure organize framework, and network, at the side the disposal of third parties' interest. Major players such as Cisco Framework, Inc. and Huawei Innovations are creating a customized hybrid arrangement for SMEs. Hybrid cloud offers a high level of comfort by simplifying the generally organizing handle and gives benefits of both private and open cloud.
Key players within the cloud overseen organizing advertise are centered on receiving progressed information centers based on cloud to store gigantic sums of information and give a much better client involvement. Also, center innovations such as enormous information and the Internet of Things (IoT) are anticipated to drive request for information centers. The expanding venture for the arrangement of information centers in districts such as the Asia Pacific and Europe is likely to back the development of the market within the imminent years.
Comprehensive Analysis of Cloud Managed Networking Market
The three types as hardware, software and cloud services comes under the cloud managed networking market. The part hardware with rising adoption of accessories and networking hardware to dominate the market. The public and private are the two parts segregated on the basis of deployment. The three branches of enterprise size are characterized as small-medium enterprise and large enterprise. The rising traction of the startups and small enterprises to gain a momentum. The industry verticals is classified as educational institutions, telecom and IT, media and entertainment, retail and government.
North America is anticipated to hold a major cloud managed networking market share with a valuation of USD 1.40 billion. Nations such as the US and Canada have created economies, which contribute to a larger market share within the region. The development is primarily inferable to the rising speculation by key players and the government for the appropriation of cloud administrations. Besides, the expanding web entrance rates and rising cloud selection are a few of the variables anticipated to drive the development of the market.
The market for the Cloud Managed Networking is majorly comprised of the prominent players that are operating dedicatedly in the market, proving their existence and profitable revenues with the extensive research and innovative practices and product development. The market players enlisted are as: Aruba (Hewlett Packard Enterprise Company) (U.S.), NETGEAR, Inc. (U.S.), Cisco System, Inc. (U.S.), Prodec Networks (Berkshire), APSU, Inc. (Tennessee), Fortinet, Inc. (U.S.), Mindsight (U.S.), Total Communications, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), DynTek, Inc. (U.S.) and Extreme Networks, Inc. (U.S.).
In the month of August 2020, the company by name Cisco system, Inc., procured ThousandEyes, a supplier of internet and intelligence stage. The procurement was completed to coordinated ThousandEyes's capabilities to fortify Cisco's center undertaking overseen organizing and cloud, and other administrations.
SEGMENTATION TABLE
ATTRIBUTE DETAILS
Study Period 2016 – 2027
Base Year 2019
Forecast Period 2020 – 2027
Historical Period 2016 – 2018
Unit Value (USD billion)
Segmentation By Type
Hardware
Software
Cloud Services
By Deployment
Public Cloud
Private Cloud
By Enterprise Size
Small and Medium Enterprises (SMEs)
Large Enterprises
By Industry
Telecom & IT
Retail
Media & Entertainment
Educational Institutions
Others (Government, etc.)
By Region
North America
The U.S.
By Type
Canada
By Type
By Type
By Deployment
By Enterprise Size
By Industry
By Country
Europe
Germany
By Type
France
By Type
Italy
By Type
Spain
By Type
Switzerland
By Type
Benelux (Belgium, The Netherlands and Luxembourg)
By Type
Rest of Europe
By Type
By Deployment
By Enterprise Size
By Industry
By Country
Asia Pacific
China
By Type
Japan
By Type
India
By Type
South East Asia
By Type
Rest of Asia Pacific
By Type
By Deployment
By Enterprise Size
By Industry
By Country
Middle East & Africa
GCC Countries
By Type
South Africa
By Type
Rest of Middle East and Africa
By Type
By Deployment
By Enterprise Size
By Industry
By Country
Latin America
Brazil
By Type
Mexico
By Type
Rest of Latin America
By Type
By Deployment
By Enterprise Size
By Industry
By Country
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Porter’s Five Force Analysis
- 4.4. Global Cloud Managed Networking Market Share Analysis and Matrix, 2019
- 5. Key Market Insights and Analysis, By Segments
- 6. Companies Profiled (Covered for 10 players only)
- 6.1. Overview
- 6.1.1. Key Management
- 6.1.2. Headquarters etc.
- 6.2. Offerings/Business Segments
- 6.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 6.3.1. Employee Size
- 6.3.2. Past and Current Revenue
- 6.3.3. Geographical Share
- 6.3.4. Business Segment Share
- 6.4. Recent Developments
- 7. Global Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 7.1. By Type (Value)
- 7.1.1. Hardware
- 7.1.2. Software
- 7.1.3. Services
- 7.2. By Deployment (Value)
- 7.2.1. Public Cloud
- 7.2.2. Private Cloud
- 7.3. By Enterprise Size (Value)
- 7.3.1. Small and Medium Enterprises (SMEs)
- 7.3.2. Large Enterprises
- 7.4. By Industry (Value)
- 7.4.1. Telecom & IT
- 7.4.2. Retail
- 7.4.3. Media & Entertainment
- 7.4.4. Educational Institutions
- 7.4.5. Others (Government, etc.)
- 7.5. By Region (Value)
- 7.5.1. North America
- 7.5.2. Europe
- 7.5.3. Asia Pacific
- 7.5.4. Middle East & Africa
- 7.5.5. Latin America
- 8. North America Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 8.1. By Type (Value)
- 8.1.1. Hardware
- 8.1.2. Software
- 8.1.3. Services
- 8.2. By Deployment (Value)
- 8.2.1. Public Cloud
- 8.2.2. Private Cloud
- 8.3. By Enterprise Size (Value)
- 8.3.1. Small and Medium Enterprises (SMEs)
- 8.3.2. Large Enterprises
- 8.4. By Industry (Value)
- 8.4.1. Telecom & IT
- 8.4.2. Retail
- 8.4.3. Media & Entertainment
- 8.4.4. Educational Institutions
- 8.4.5. Others (Government, etc.)
- 8.5. By Country (Value)
- 8.5.1. United States
- 8.5.1.1. By Type (Value)
- 8.5.1.1.1. Hardware
- 8.5.1.1.2. Software
- 8.5.1.1.3. Services
- 8.5.2. Canada
- 8.5.2.1. By Type (Value)
- 8.5.2.1.1. Hardware
- 8.5.2.1.2. Software
- 8.5.2.1.3. Services
- 9. Europe Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.1. By Type (Value)
- 9.1.1. Hardware
- 9.1.2. Software
- 9.1.3. Services
- 9.2. By Deployment (Value)
- 9.2.1. Public Cloud
- 9.2.2. Private Cloud
- 9.3. By Enterprise Size (Value)
- 9.3.1. Small and Medium Enterprises (SMEs)
- 9.3.2. Large Enterprises
- 9.4. By Industry (Value)
- 9.4.1. Telecom & IT
- 9.4.2. Retail
- 9.4.3. Media & Entertainment
- 9.4.4. Educational Institutions
- 9.4.5. Others (Government, etc.)
- 9.5. By Country (Value)
- 9.5.1. Germany
- 9.5.1.1. By Type (Value)
- 9.5.1.1.1. Hardware
- 9.5.1.1.2. Software
- 9.5.1.1.3. Services
- 9.5.2. France
- 9.5.2.1. By Type (Value)
- 9.5.2.1.1. Hardware
- 9.5.2.1.2. Software
- 9.5.2.1.3. Services
- 9.5.3. Italy
- 9.5.3.1. By Type (Value)
- 9.5.3.1.1. Hardware
- 9.5.3.1.2. Software
- 9.5.3.1.3. Services
- 9.5.4. Spain
- 9.5.4.1. By Type (Value)
- 9.5.4.1.1. Hardware
- 9.5.4.1.2. Software
- 9.5.4.1.3. Services
- 9.5.5. Switzerland
- 9.5.5.1. By Type (Value)
- 9.5.5.1.1. Hardware
- 9.5.5.1.2. Software
- 9.5.5.1.3. Services
- 9.5.6. Benelux
- 9.5.6.1. By Type (Value)
- 9.5.6.1.1. Hardware
- 9.5.6.1.2. Software
- 9.5.6.1.3. Services
- 9.5.7. Rest of Europe
- 10. Asia Pacific Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 10.1. By Type (Value)
- 10.1.1. Hardware
- 10.1.2. Software
- 10.1.3. Services
- 10.2. By Deployment (Value)
- 10.2.1. Public Cloud
- 10.2.2. Private Cloud
- 10.3. By Enterprise Size (Value)
- 10.3.1. Small and Medium Enterprises (SMEs)
- 10.3.2. Large Enterprises
- 10.4. By Industry (Value)
- 10.4.1. Telecom & IT
- 10.4.2. Retail
- 10.4.3. Media & Entertainment
- 10.4.4. Educational Institutions
- 10.4.5. Others (Government, etc.)
- 10.5. By Country (Value)
- 10.5.1. China
- 10.5.1.1. By Type (Value)
- 10.5.1.1.1. Hardware
- 10.5.1.1.2. Software
- 10.5.1.1.3. Services
- 10.5.2. Japan
- 10.5.2.1. By Type (Value)
- 10.5.2.1.1. Hardware
- 10.5.2.1.2. Software
- 10.5.2.1.3. Services
- 10.5.3. India
- 10.5.3.1. By Type (Value)
- 10.5.3.1.1. Hardware
- 10.5.3.1.2. Software
- 10.5.3.1.3. Services
- 10.5.4. South East Asia
- 10.5.4.1. By Type (Value)
- 10.5.4.1.1. Hardware
- 10.5.4.1.2. Software
- 10.5.4.1.3. Services
- 10.5.5. Rest of Asia Pacific
- 11. Middle East & Africa Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 11.1. By Type (Value)
- 11.1.1. Hardware
- 11.1.2. Software
- 11.1.3. Services
- 11.2. By Deployment (Value)
- 11.2.1. Public Cloud
- 11.2.2. Private Cloud
- 11.3. By Enterprise Size (Value)
- 11.3.1. Small and Medium Enterprises (SMEs)
- 11.3.2. Large Enterprises
- 11.4. By Industry (Value)
- 11.4.1. Telecom & IT
- 11.4.2. Retail
- 11.4.3. Media & Entertainment
- 11.4.4. Educational Institutions
- 11.4.5. Others (Government, etc.)
- 11.5. By Country (Value)
- 11.5.1. GCC Countries
- 11.5.1.1. By Type (Value)
- 11.5.1.1.1. Hardware
- 11.5.1.1.2. Software
- 11.5.1.1.3. Services
- 11.5.2. South Africa
- 11.5.2.1. By Type (Value)
- 11.5.2.1.1. Hardware
- 11.5.2.1.2. Software
- 11.5.2.1.3. Services
- 11.5.3. Rest of Middle East and Africa
- 12. Latin America Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 12.1. By Type (Value)
- 12.1.1. Hardware
- 12.1.2. Software
- 12.1.3. Services
- 12.2. By Deployment (Value)
- 12.2.1. Public Cloud
- 12.2.2. Private Cloud
- 12.3. By Enterprise Size (Value)
- 12.3.1. Small and Medium Enterprises (SMEs)
- 12.3.2. Large Enterprises
- 12.4. By Industry (Value)
- 12.4.1. Telecom & IT
- 12.4.2. Retail
- 12.4.3. Media & Entertainment
- 12.4.4. Educational Institutions
- 12.4.5. Others (Government, etc.)
- 12.5. By Country (Value)
- 12.5.1. Brazil
- 12.5.1.1. By Type (Value)
- 12.5.1.1.1. Hardware
- 12.5.1.1.2. Software
- 12.5.1.1.3. Services
- 12.5.2. Mexico
- 12.5.2.1. By Type (Value)
- 12.5.2.1.1. Hardware
- 12.5.2.1.2. Software
- 12.5.2.1.3. Services
- 12.5.3. Rest of Latin America
- 13. Companies Analyzed (In order to estimate the market size and/or understanding the market ecosystem)
- 14. (Note that the purpose of the below list is to highlight the exhaustiveness of coverage. This does not necessarily mean that all the below companies are profiled in the scope. However, at the same, we are open to profile additional company(s) on specific request)
- 15.
- 15.1. Aruba (Hewlett Packard Enterprise Company)
- 15.2. NETGEAR, Inc.
- 15.3. Cisco System, Inc.
- 15.4. Prodec Networks
- 15.5. APSU, Inc.
- 15.6. Fortinet, Inc.
- 15.7. Mindsight
- 15.8. Total Communications, Inc.
- 15.9. Huawei Technologies Co., Ltd.
- 15.10. DynTek, Inc.
- 15.11. Extreme Networks, Inc.
- 15.12. Iricent Ltd.
- 15.13. LANCOM Systems GmbH
- 15.14. Riverbed Technology
- 15.15. Cambium Networks Ltd
- 15.16. Juniper Networks
- 15.17. Aerohive Networks
- 15.18. CommScope, Inc.
- 15.19. DXC Technology
- 15.20. T-Systems International GmbH
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