Managed Network Services Market Analysis, Share, Challenges and Forecasts
27 May 2019, The global managed
network services market is subject to witness a substantial growth due
to the growing demand for cloud of security solutions systems for enterprises
and performing primary business operations. The recent technological
advancement in cloud services industry such as development of wireless sensor
network technology is propelling market growth in the recent years.
In addition, shifting trends towards of Internet of Things (IoT)
technology, soaring in demand for high performance & secure systems, and
growing penetration of smartphones across the globe are anticipated to fuel the
growth of market over the forecast period. Globally, the market is predicted to
grow at a CAGR of 4.80% in the forecast period, providing numerous
opportunities for market players to invest for research and development in the
managed network services market.
Get Sample Copy of this Report @
Increasing adoption of managed network services is
attributed to the mounting implementation of the multi-tenancy cloud approaches
amongst enterprises, centralized program agencies, easier installation of
circulated business processes, and uniform scalability and cheaper functional
costs. The other key reasons thrusting the development of this sector
constitutes the advantages like addition of centralized visibility and
governing high cloud services.
A managed network services diminish the threats to the
data secrecy and residency landmines with smart access management and automated
security analysis. A managed network services incapacitates multi-tenancy
security flaws by separating various business processes from shared
environment. A managed network services allows only permitted access to
database by securing access controls.
 |
| Managed Network Services Market |
The market is broadly categorized into two major segments
based on the application type such as telecommunication sector and IT vertical.
The IT vertical was looked upon as one of the fastest growing segment in the
managed network services with substantial revenue generation in the last few
years. Growing popularity of managed network services the IT services segment
is attributed to the network security services with data backup solutions.
The managed network services market is divided by region
as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation
of latest technologies, increase in the number of research & development
activities in the region and existence of well-established IT infrastructure.
Asia-Pacific region is predicted to hold the major market share in the managed
network services with massive growth in forecast period.
Countries such as China, Singapore, India, and Australia
are leading the Asia-Pacific market with better security compliant offerings by
vendors, growing need for enhanced control and visibility mechanisms, and
significant investment by leading industry players considering potential growth
opportunities in the region.
The key players in the managed network services are 3T
systems, Acropolis Technology Group, Inc., AT&T, Inc., Cisco Systems, Inc.,
Aricent, Inc., Huawei Technologies Co., Ltd., Glowpoint, Inc., Hewlett and
Packard (HP) Enterprises, Ericsson Ltd., Nokia Co., Alcatel-Lucent S.A., and
International Business Machines (IBM) Co.
Browse Related Category Market
Reports @
Comments
Post a Comment