Managed Network Services Market Size & Share, By Type (Managed Local Area Network, Managed Virtual Private Network, Managed Wide Area Network, Managed Wi-Fi, Managed Security, Managed Monitoring), Organization Size, Deployment Model, Application - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

Managed Network Services Market size is predicted to reach USD 61.65 billion by 2034, up from USD 33.15 billion in 2024, reflecting a CAGR of over 6.4% during the forecast period from 2025 to 2034. The industry revenue for 2025 is projected to be USD 35.06 billion.

• Base Year Value (2024): USD 33.15 billion
• CAGR (2025-2034): 6.4%
• Forecast Year Value (2034): USD 61.65 billion
• Historical Data Period: 2019-2024
• Largest Region: North America
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers:

1. Increasing demand for efficient and reliable network solutions: With the growing complexity of business operations and the increasing reliance on digital technologies, the demand for managed network services is on the rise. Companies are looking for reliable and efficient network solutions to ensure seamless connectivity, data security, and optimized performance.

2. Adoption of cloud-based networking solutions: The shift towards cloud-based networking solutions is a major growth driver for the managed network services market. Cloud-based networking offers scalability, flexibility, and cost-effectiveness, making it an attractive option for businesses of all sizes. Managed service providers are capitalizing on this trend by offering a range of cloud-based networking solutions to meet the diverse needs of their clients.

3. Embrace of advanced networking technologies: The adoption of advanced networking technologies, such as software-defined networking (SDN) and network function virtualization (NFV), is driving the growth of the managed network services market. These technologies enable greater agility, automation, and efficiency in network management, making them increasingly popular among businesses seeking to modernize their networking infrastructure.

4. Focus on cybersecurity and compliance: The growing emphasis on cybersecurity and regulatory compliance is driving businesses to seek managed network services that can provide robust security measures and ensure adherence to industry regulations. Managed service providers are responding to this demand by offering comprehensive security solutions and compliance management services to protect their clients' networks and data.

Report Scope

Report Coverage	Details
Segments Covered	Type, Organization Size, Deployment Model, Application
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	AT & T, Inc., BT Group, China telecom, Cisco System Inc. Colt Technology, DXC Technology, Global Cloud Exchange GTT communications, IBM Corporation, Lumen Technologies, Inc., Masergy, NTT Ltd. Oracle Corporation, Orange SA, TATA Communications, Telstra, Telefonica, T-system, Verizon Vodafone

Industry Restraints:

1. Cost concerns and budget constraints: One of the major restraints for the managed network services market is the cost concerns and budget constraints of businesses. While the demand for managed network services is increasing, some organizations may be hesitant to invest in these services due to budget limitations or concerns about the return on investment.

2. Skills shortage and resource limitations: Another significant industry restraint is the shortage of skilled professionals and limitations in resources for managing complex networks. Many businesses lack the internal expertise and resources required to effectively manage and maintain their networks, which creates challenges for the managed network services market in delivering comprehensive solutions and support. Additionally, finding and retaining qualified network professionals can be a challenge for managed service providers.

Regional Forecast:

North America (U.S.): The U.S. managed network services market is expected to witness significant growth due to the increasing adoption of cloud-based solutions, the proliferation of mobile devices, and the growing demand for network security solutions. The presence of major players in the region, along with technological advancements, is driving the growth of the market in North America.

Asia Pacific (China, Japan, South Korea): The managed network services market in Asia Pacific is experiencing rapid growth due to the increasing digitization of businesses, the adoption of advanced networking technologies, and the rising demand for managed security services. China, Japan, and South Korea are leading the market in the region, driven by the increasing investment in IT infrastructure and the expanding use of IoT and connected devices.

Europe (United Kingdom, Germany, France): The European managed network services market is witnessing steady growth due to the increasing focus on digital transformation, the adoption of cloud-based networking solutions, and the rising demand for network optimization and management. The United Kingdom, Germany, and France are the key markets in the region, driven by the increasing adoption of SD-WAN solutions and the growing emphasis on improving network performance and reliability.

Overall, the managed network services market is experiencing significant growth across North America, Asia Pacific, and Europe, driven by the increasing demand for advanced networking solutions, the growing need for network security and compliance, and the rising adoption of cloud-based and hybrid networking models.

Segmentation Analysis:

• The managed WAN segment accounted for 24% market share in 2023..
• Large enterprises held around 63% market share in 2023.

Type: The Managed Network Services market can be segmented based on type into Managed LAN, Managed WAN, and Managed VPN. One subsegment within this segment is Managed WAN. This subsegment includes services such as network monitoring, optimization, and troubleshooting for wide area networks. It also encompasses the management of network devices, such as routers and switches, to ensure optimal performance and connectivity across distributed locations.

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.

Competitive Landscape:

The Managed Network Services Market is witnessing intense competition due to the presence of several key players. The market is characterized by the implementation of advanced technologies, strategic partnerships, and innovative service offerings. Companies operating in the Managed Network Services Market are focusing on expanding their global footprint, enhancing their service portfolios, and providing customized solutions to stay competitive. The market is also witnessing the emergence of new entrants, which is further intensifying the competition.

Top Market Players:

1. AT&T Inc.

2. Cisco Systems, Inc.

3. IBM Corporation

4. Verizon Communications Inc.

5. Hewlett Packard Enterprise Development LP

6. Accenture plc

7. NTT Ltd.

8. Fujitsu Ltd.

9. CenturyLink, Inc.

10. BT Group plc

Recent Industry Developments:

1. AT&T Inc. launched a new managed services offering to help enterprises optimize their wide area networks.

2. Cisco Systems, Inc. partnered with a leading cloud platform provider to enhance its managed network services portfolio.

3. NTT Ltd. announced the expansion of its managed network services in the Asia Pacific region to cater to the growing demand for cloud-based networking solutions.

Table of Contents (ToC)

Chapter 1. Methodology

• Market Definition
• Study Assumptions
• Market Scope
  • Segmentation
  • Regions Covered
  • Base Estimates
  • Forecast Calculations
• Data Sources
  • Primary
  • Secondary

Chapter 2. Executive Summary

Chapter 3. Managed Network Services Market Insights

• Market Overview
• Market Drivers & Opportunity
• Market Restrains & Challenges
• Regulatory Landscape
• Ecosystem Analysis
• Technology & Innovation Outlook
• Key Industry Developments
  • Partnership
  • Merger/Acquisition
  • Investment
  • Product Launch
• Supply Chain Analysis
• Porter's Five Forces Analysis
  • Threat of New Entrants
  • Threat of Substitutes
  • Industry Rivalry
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
• COVID-19 Impact
• PESTLE Analysis
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technology Landscape
  • Legal Landscape
  • Environmental Landscape
• Competitive Landscape
  • Introduction
  • Company Market Share
  • Competitive Positioning Matrix

Chapter 4. Managed Network Services Market Statistics, by Segments

• Key Trends
• Market Estimates and Forecasts
  • Table
  • Chart

*Segment list as per the report scope/requirements

Chapter 5. Managed Network Services Market Statistics, by Region

• Key Trends
  • Introduction
  • Recession Impact
• Market Estimates and Forecasts
  • Table
  • Chart
• Regional Scope
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Australia
    • Rest of APAC
  • Latin America
    • Argentina
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of MEA

*List Not Exhaustive

Chapter 6. Company Data

• Business Overview
• Financials
• Product Offerings
• Strategic Mapping
  • Partnership
  • Merger/Acquisition
  • Investment
  • Product Launch
• Recent Development
• Regional Dominance
• SWOT Analysis

*Company list as per the report scope/requirements