Managed Network Services Market

Cisco (US) and Orange Business Services (France) are leading players in Managed Network Services Market

MarketsandMarkets expects the global managed network services market size to grow from USD 52.7 billion in 2020 to USD 71.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. Managed network services offer a systematic approach to manage an organizations network and security needs. These services enable effective monitoring and reduce support time, enabling enterprises to prevent network downtime and hiccups. The key managed network services types include managed Local Area Network (LAN), managed Wireless Fidelity (Wi-Fi), managed Virtual Private Network (VPN), managed Wide Area Network (WAN), network monitoring, and managed network security.

Key and emerging market players include IBM (US), Fujitsu (Japan), Cisco (US), Ericsson (Sweden), Verizon (US), Comarch SA (Poland), Huawei (China), BT Group (UK), AT&T (US), T-Systems (Germany), Orange Business Services (France), DXC Technology (US), NTT (Japan), CenturyLink (US), Global Cloud Xchange (UK), TATA Communications (India), Colt (UK), Sify (India), Telstra (Australia), Sprint (US), GTT (US), and Brennan IT (Australia).

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Cisco caters to a wide customer base in the regions of the Americas, EMEA, and APAC. Managed network services from Cisco help organizations optimize and manage the traditional IT environment to quickly adopt new technologies and transition to the cloud. Managed enterprise networks function for campus, branch, and data center edge of the customer’s network. The service improves network and infrastructure management efficiency, thereby providing exceptional network visibility, stability, and end-user satisfaction, helping organizations boost productivity; make better, faster decisions; and enhance business agility.

Orange Business Services is one of the major players focusing on the emerging concept of managed network services and network management. The company operates the worlds largest seamless voice/data network and offers end-to-end connectivity services in more than 220 countries and territories. In the managed network services space, the company offers services, such as Network Boost, a fully managed service providing network and performance monitoring, and WAN optimization features in addition to its Business VPN service. Business VPN is a fully managed service, which allows enterprises to subscribe to a single service for any use, such as intranet, voice video, extranet, and public intranet. The company’s SD-WAN service can be co-managed or fully managed that delivers reliability, predictable application performance, and improved security. To ensure a fully managed, end-to-end service, Orange Business Services operates more than 400 Point of Presence (PoPs) in 220 countries and territories worldwide. Managed LAN is an industrialized service that provides full management of the LAN and WLAN infrastructure at organizations’ small branch offices as well as their big campuses and data centers.

Related Reports:

Managed Network Services Market by Type ( Managed LAN, Managed Wi-Fi, Managed WAN, Managed Network Security, Managed VPN, and Network Monitoring), Organization Size (Large Enterprises and SMES), Vertical, and Region - Global Forecast to 2025

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Report Code
TC 3055
RI Published ON
5/21/2020
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