Managed Network Services Market is Anticipated to Generate Significant Revenues by 2027 - PowerPoint PPT Presentation

About This Presentation
Title:

Managed Network Services Market is Anticipated to Generate Significant Revenues by 2027

Description:

Managed Network Services Market is Anticipated to Generate Significant Revenues by 2027 – PowerPoint PPT presentation

Number of Views:13
Slides: 7
Provided by: vinayak.shinde
Category:

less

Transcript and Presenter's Notes

Title: Managed Network Services Market is Anticipated to Generate Significant Revenues by 2027


1
Managed Network Services Market Development
Trends and Growth Drivers Analysis by 2027
  • The global managed network services market is
    poised to record appreciable growth through 2027,
    given the rising focus of industry players
    towards the introduction of technological
    advancements. According to the latest study by
    Global Market Insights, Inc., the global managed
    network services market share is estimated to
    exceed USD 95 billion by 2027.
  • Citing a recent collaboration between prominent
    market players, Verizon Business, an IT and
    communication service provider, and Cisco were in
    news in February 2021 for the expansion of their
    longstanding strategic partnership. These managed
    network services providers have added three new
    SD-WAN managed services offerings to their
    extensive product portfolio.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
  • Impelled by such initiatives, the market is
    further driven by increasing demand for managed
    VPN services that help in the configuration,
    designing, and management of a firewall and a
    secure encrypted tunnel for the transmission of
    data over the internet. The managed VPN service
    segment is expected to depict a remarkable CAGR
    of nearly 10 per cent through 2027.
  • This is because several mid and large-sized
    enterprises are considering the deployment of VPN
    services across their business operations for
    resilient, fast, and scalable networks. The rise
    in demand is also attributed to a number of
    reliable features comprising integrity, data
    confidentiality, and authentication. In addition,
    these services are also gaining traction due to
    the rising inclination towards high enterprise
    mobility and remote access.
  • The IT telecom segment in the managed network
    service market is expected to account for a
    remarkable share of the overall revenue through
    2027 due to rising internet penetration and the
    increasing number of smartphones. Network
    operators are also focusing on the provision of
    adequate bandwidth and the upgradation of network
    infrastructure for the removal of network
    congestion. The launch of 5G network services
    coupled with the increasing demand for
    cloud-based services is expected to drive the
    demand for managed services over the coming years.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/4
969
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
  • Regional Analysis
  • North America managed network services industry
    is slated to expand at an appreciable CAGR of 5
    per cent through the estimated period. This
    growth is ascribed to the rising competition
    amongst major players for the provision of a
    better customer experience and the surging demand
    for high-speed networks. The increasing adoption
    of cloud networking is a significant factor
    fostering the growth of managed network services
    in the region.
  • Competitive Analysis
  • The regional industry is further propelled by the
    extensive presence of eminent managed network
    services companies, comprising Cisco Systems,
    Inc., ATT Inc., and IBM Corporation.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report On Managed Network
Services Market _at_ https//www.gminsights.com/indus
try-analysis/managed-network-services-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
4969
Request for customization https//www.gminsights
.com/roc/4969
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com
Write a Comment
User Comments (0)
About PowerShow.com