The global managed network services market accounted for USD 40.52 billion in 2016 growing at a CAGR of 10.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: Global Managed Network Services Market
A managed network service is the service provided, operated, managed by a third-party service provider. This service is delivered as a cloud infrastructure service or installed and managed in-house by the service provider.
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It is widely applicable in telecommunication and IT, retail and ecommerce, government and utilities, media and entertainment, healthcare, banking, financial services, and insurance, industrial manufacturing, and others. Need to reduce deployment cost may act as the major driver in the growth of managed network service market.
On the other side, uncertainty over service charges may hamper the market.
Global Managed Network Services Market, By Geography; Service Type (Managed Internet Access and Network Infrastructure Provisioning, Managed VPN, Data Storage, Network Monitoring, Managed Network Security, Hosted IP Telephony); Organization Size (SMEs, Large); Vertical – Industry Trends and Forecast to 2024
Complete report on Global Managed Network Services Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Global Managed Network Services Market Key Drivers:
- Need to reduce the deployment cost
- Need to reduce downtime
- Seamless, value-added, and reliable QoS
- Superior network security with greater network accessibility
- Uncertainty over service charges
- Concern over exposing sensitive and confidential information
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Key Questions Answered in Global Managed Network Services Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Managed Network Services Market in 2024?
- What are the key factors driving, Analysis by Applications and Countries Global Managed Network Services Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Managed Network Services Market?
- Who are Opportunities, Risk and Driving Force of Global Managed Network Services Market?
- Who are the opportunities and threats faced by the vendors in Global Managed Network Services Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Managed Network Services Market opportunities, market risk and market overview of the Market?
Top Key Players:
- Cisco Systems, Inc.
- IBM Corporation
- HCL Technologies Limited
- Ericsson AB
- Hewlett Packard Enterprise Development LP
- Wipro Limited
- LG Networks, Inc.
- Huawei Technologies Co., Ltd.
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Global Managed Network Services Market is segmented based on
- Service Type
- Organization Size
Market Segmentations In details:
On the basis of Service Type into managed internet access and network infrastructure provisioning, managed VPN, data storage, network monitoring, managed network security, and hosted IP telephony, and other services.
On the basis of Organization Size, the global managed network services market is segmented into small & medium enterprises (SMES), and large enterprises.
On the basis of Vertical, the global managed network services market is segmented into telecommunication and IT, retail and ecommerce, government and utilities, media and entertainment, healthcare, banking, financial services, and insurance, industrial manufacturing and others.
On the basis of Geography,
- North America
- South America
- Middle East & Africa
"Global Managed Network Services Market" Company Share Analysis:
The report for managed network services market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
The report also measures technology life line curve and market time line to analyze and do more affective investments.
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