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Managed Network Services Market by Service, Organization Size, End-Use Vertical, and Region - Global Forecast to 2021

Managed Network Services Market: Global Forecast until 2021

  • February 2017
  • 161 pages
  • ID: 4718606
In this report:
The managed network services market in the telecommunication & IT end-use vertical by region is expected to grow from USD ##.## billion in 2016 to USD ##.## billion by 2021, at a CAGR of ##.##%.
The managed network services market in the healthcare end-use vertical by region is expected to grow from USD ##.## billion in 2016 to USD ##.## billion by 2021, at a CAGR of ##.##% during the forecast period.

Summary

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"Increasing 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"

The managed network services market size is forecasted to grow from ~$38.6B in 2016 to ~$59.4B by 2021, at an estimated Compound Annual Increase rate of 9.00 percent. The managed network services market is influenced by factors such greater network accessibility, management of the complex networks, and the need for improving the business process at a minimum cost. Nevertheless, the managed network services market lacks in ensuring network security.

"SMBs are anticipated to have the largest part of market share during the estimate period"

SMBs are anticipated to have the biggest market share during the outlook period. SMBs have budget constraints and it is one of the main factors driving them to outsource their network functions to save additional installation, implementation, and maintenance-related expenses. Irrespective of size, both big enterprises and SMBs are selecting managed network services to benefit profits, including reduction in network downtime and proactive monitoring & maintenance of their networks.

"Managed network security services are anticipated to grow at the highest compound annual growth rate (CAGR) during the estimate period"

The managed network services market of the software solutions is anticipated to grow at an impressive Compound annual growth rate during the outlook period. The large demand for network security services with info backup solutions is growing. The managed network services providers are responsible for creating managed network services, in compliance with the industry requirement and in providing comprehensive support for their clients. The managed network services are beneficial for operational efficiencies together with security, which helps drive new businesses and creates a better experience for consumers. Managed network services have enabled improved transactions including greater network accessibility and superior network security at a minimum cost.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The distribution of profiles of primary members taking part is given below as:

• By Company category: Tier 1 - 12.0 percent, Tier 2 - 32.0 percent, and Tier 3 - 56.0 percent

• By Description: C-suite - 16.0 percent, D-level - 33.0 percent, Others - 51.0 percent

• By Area: North America (NA) - 25.0 percent, EU - 49.0 percent, Asia-Pac - 15.0 percent, RoW- 11.0 percent

Segment Research

• The report aims to analyze the managed network services market broken down on the basis of services, organization sizes, end-use verticals, and territories.

• It examines the alternatives for the partners through the study of the competitive landscape in the managed network services market.

• It offers industry insights on core competencies and main increase strategies of firms in the managed network services market.

• The report forecasts the market size of the managed network services market and its several submarkets with respect to five regions: North America continent, Asia Pacific (APAC), Europe (EU), Middle-East and African continent, and Latin America area.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the managed network services market; high-growth areas; and sector drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on managed network services provided by the top actors in the overall managed network services market.

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the managed network services market.

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the industries for managed network services across localities.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall managed network services market.

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall managed network services market.

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