Managed Network Services Market- Global Opportunity Analysis and Industry Forecast (2023-2030)

PUNE, India - Jan. 10, 2023 - PRLog -- Meticulous Research®—a leading global market research company, published a research report titled, Managed Network Services Market by Service Type, Organization Size, Deployment Mode, Industry Vertical (BFSI, Retail & E-commerce, IT & Telecommunications, Manufacturing, Government, and Education), and Geography - Global Forecast to 2030.'

According to this latest publication from Meticulous Research^®, the managed network services market is projected to reach $103.9 billion by 2030, at a CAGR of 8.1% from 2023 to 2030. The growth of this market is driven by the increasing implementation of modern campus networks to accelerate service delivery and the surging demand for managed SD-WAN services and managed network services to increase productivity. However, growing security and compliance concerns may restrain the market's growth. The rising demand for managed network services among small & medium-sized enterprises and the exponential growth in global IP & cloud traffic are expected to offer significant growth opportunities for the stakeholders in the managed network services market. Furthermore, the need to monitor complex multi-technology physical & virtual networks and obstacles in service providers' marketing & sales efforts are expected to create challenges for the growth of the managed network services market. Additionally, the automation of network monitoring tools and cloud-managed network services are prominent trends in this market.

The managed network services market is segmented by service type (managed LAN services, managed Wi-Fi services, managed WAN services, managed network security services, managed IP VPN services, managed network monitoring services, managed data network services, managed SD-WAN services, managed NFV services, and other managed network services [infrastructure managed services, cloud-managed network services]), organization size (large enterprises and small & medium-sized enterprises), deployment mode (on-premise deployment and cloud-based deployment), and industry vertical (BFSI, retail & e-commerce, IT & telecommunications, manufacturing, government, education, healthcare, media & entertainment, and other industry verticals [transportation and energy & utilities]). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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