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Managed Network Services Market Share

Report ID: GMI4969
Published Date: Nov 2023
Report Format: PDF

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Managed Network Services Market Share

Major players operating in the managed network services industry are :

Lumen
PCCW Limited
AT&T, Inc
NTT Ltd
Vodafone Group Plc
Cisco Systems, Inc
T-System, Inc
Verizon, Inc
BT Group Plc
IBM Corporation
Orange SA.

They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Managed network services market size was USD 60.4 billion in 2022 and will register over 9% CAGR from 2023-2032 due to the rising number of cyber threats and data breaches worldwide

Managed WAN services industry held over 25% revenue share in 2022 on account of widespread usage in streamlining network management, optimizing performance, and enhancing security.

North America registered over 30% share of the managed network services industry in 2022 and will incur commendable growth from 2023-2032 owing to the presence of large and diverse business landscape, including multinational corporations in the region.

Lumen, PCCW Limited, AT&T, Inc, NTT Ltd, Vodafone Group Plc, Cisco Systems, Inc, T-System, Inc, Verizon, Inc, BT Group Plc, IBM Corporation, and Orange SA. are some of the major managed network services companies worldwide.