Leading Companies in Managed Network Services Industry - AT&T (US) and BT Group (UK)
The managed network services market is projected to grow from USD 65.7 billion in 2023 to USD 89.9 billion by 2028 at a CAGR of 6.5% during the forecast period. Adopting cloud computing drives the demand for managed network services, as organizations require reliable and secure connectivity to access cloud-based applications and services. Managed service providers offer solutions to optimize network connectivity to cloud environments and ensure seamless integration.
The major vendors covered in the managed network services market include IBM (US), Cisco (US), Ericsson (Sweden), Verizon (US), Huawei (China), AT&T (US), BT Group (UK), Telefonica (Spain), T-Systems (Germany), NTT (Japan), Orange (France), Vodafone (UK), Fujitsu (Japan), Lumen (US), Masergy (US), Colt Technology Services (UK), Telstra (Australia), CommScope (US). These players have adopted various growth strategies to expand their managed network services market presence, such as partnerships, business expansions, agreements, collaborations, and new product launches.
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AT&T is one of the largest communication companies across the globe. It offers telecommunications media and technology services, such as voice and data communications, to consumers, providers, and businesses. Managed network services from AT&T include AT&T Business Wi-Fi, AT&T Managed Threat Detection and Response, Premises-based Firewall, Managed LAN, AT&T Network-Base Firewall Service, Managed SD-WAN, Managed VPN, AT&T Business Wi-Fi, and Intrusion Detection and Prevention Service. AT&T Business Wi-Fi is a cloud-managed Wi-Fi solution. Network-based Firewall Service is a security management reporting tool that allows enterprises to review bandwidth usage, address security-related compliance issues, and configure their firewall security services according to its specific corporate security policies. Premises-based Firewall Service provides a fully managed end-to-end solution to help enterprises increase their network’s security. AT&T Managed Threat Detection and Response provides coordinated threat detection, incident response, and threat management to help protect enterprises against pervasive, potentially destructive cyberattacks and increase network security. Some of the key subsidiaries of AT&T are AT&T Teleholdings, Inc. (US), AT&T Corp. (US), AT&T Mobility LLC (US), AT&T Mobility Group BV (Netherlands), DIRECTV, LLC (US), DIRECTV Latin America, LLC (US), and SKY Brasil Services Ltd. (Brazil). It has a strong footprint in North America, especially in the US.
BT Group is the world’s oldest telecommunications company. The company develops and sells communications products and services and builds and operates networks essential to modern lives, businesses, and communities. The company focuses on four main product markets: fixed voice, mobile, converged connectivity, and networked IT services. Under Global Services, the company is one of the leading enterprise communications providers. It offers managed network and IT infrastructure services and serves enterprise customers in 180 countries to enable customers’ digital transformations. Under the Open Reach segment, the company builds and operates the fixed network that connects the UK’s homes and businesses. Managed network services from BT Group include Managed SD-WAN, Managed WAN, asand Ethernet VPN.
Related Reports:
Managed Network Services Market by Type ( Managed LAN, Managed Wi-Fi, Managed WAN, Managed IP/VPN, Managed Network Security), Vertical, and Region( North America, Asia Pacific, Europe, Middle East Africa, Latin America) - Global Forecast to 2028
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