Managed Network Services Market Analysis
Segmentation Analysis:
• The managed WAN segment accounted for 24% market share in 2023..
• Large enterprises held around 63% market share in 2023.
Organization Size: The Managed Network Services market can be segmented based on organization size into Small and Medium-sized Enterprises (SMEs) and Large Enterprises. One subsegment within this segment is Large Enterprises. Large enterprises typically have complex and extensive network infrastructure, requiring comprehensive managed network services to ensure seamless operations. These services may include advanced network security, scalability, and performance management to support their extensive operations and diverse user base.
Deployment Model: The Managed Network Services market can be segmented based on deployment model into On-premise and Cloud-based. One subsegment within this segment is Cloud-based deployment. This subsegment includes managed network services that are delivered and accessed over the cloud. These services offer the benefit of scalability, flexibility, and accessibility, allowing organizations to efficiently manage their network infrastructure without the need for on-premise hardware and infrastructure.
Application: The Managed Network Services market can be segmented based on application into IT and Telecom, Healthcare, BFSI, Government, and Others. One subsegment within this segment is the IT and Telecom industry. This subsegment includes managed network services tailored to the specific needs of the IT and telecom sector, such as network security, performance monitoring, and data management. These services are crucial for ensuring the uninterrupted operation of IT and telecom networks, which are the backbone of modern digital communication and information exchange.
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