Global Managed Network Services Market Growth (Status and Outlook) 2023-2029

Global Managed Network Services Market Growth (Status and Outlook) 2023-2029

Growing demand for managed network services, greater network accessibility, and superior network security, and the need for improving the business process at a minimum cost are driving the managed network services market.

LPI (LP Information)' newest research report, the “Managed Network Services Industry Forecast” looks at past sales and reviews total world Managed Network Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Managed Network Services sales for 2023 through 2029. With Managed Network Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Managed Network Services industry.

This Insight Report provides a comprehensive analysis of the global Managed Network Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Managed Network Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Managed Network Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Managed Network Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Managed Network Services.

The global Managed Network Services market size is projected to grow from US$ 32630 million in 2022 to US$ 48790 million in 2029; it is expected to grow at a CAGR of 5.9% from 2023 to 2029.

The managed network services market of the software solutions is expected to grow at an impressive CAGR during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Managed Network Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Managed Internet Access
Network Provisioning
VPN
Data Storage
Network Monitoring

Segmentation by application
Financial Services
Communications Industry
Public Sector
Media
Retail
Manufacturing
Medical
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco Systems
International Business Machines
HCL Technologies
Ericsson
Hewlett Packard Enterprise Development
Accenture
Alcatel-Lucent Enterprise
At&T
Wipro
LG Networks
Huawei Technologies

Please note: The report will take approximately 2 business days to prepare and deliver.