The Europe Cloud Managed Network Market would witness market growth of 9.7% CAGR during the forecast period (2022-2028).
Small & medium-sized businesses have emerged as the most potential users of cloud services due to increased flexibility and the adoption of a "pay as you go" model. With the usage of cloud services continuing to rise, the market for cloud managed network is expected to experience rapid expansion.
The infrastructures for web applications, endpoints, mobility, virtualization, networks, and databases are only a few of the third parties whose talents are outsourced when using cloud managed services. Due to the possibility of important corporate information being compromised, organizations may decide to use the cloud. MSPs aid businesses uphold necessary security and privacy standards for the data they use for cloud deployment. For further security, they promise customers comprehensive network security and encryption.
The One Government Cloud Strategy (OGCS), sometimes referred to as this cloud strategy, addresses lock-in, technological, commercial, security, personnel, operations, and related concerns. It aims to aid the government by providing a practical method for reaping benefits from cloud computing and other hosting choices. This action was taken to expand prospects for small & medium-sized enterprises (SMEs). Under the "cloud first" approach to IT, the central government must buy IT services through the cloud unless proven that an alternative is more cost-effective. Due to the rising popularity of cloud computing, the cloud managed network market in Europe is anticipated to experience growth.
The Germany market dominated the Europe Cloud Managed Network Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,547 million by 2028. The UK market is anticipated to grow at a CAGR of 8.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into IT & ITeS, BFSI, Manufacturing, Retail & Ecommerce, Media & Entertainment, Healthcare & Life Sciences, Transportation & Logistics, Energy & Utilities, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Cloud Managed Network Market is Projected to reach USD 39.9 Billion by 2028, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), NTT Data Corporation, Hewlett Packard Enterprise Company (HP Development Company L.P.), Juniper Networks, Inc., Accenture PLC, Fujitsu Limited, NEC Corporation and Extreme Networks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- IT & ITeS
- BFSI
- Manufacturing
- Retail & Ecommerce
- Media & Entertainment
- Healthcare & Life Sciences
- Transportation & Logistics
- Energy & Utilities
- Others
By Organization size
By Deployment Mode
- Public Cloud
- Private Cloud
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- IBM Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- NTT Data Corporation
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Juniper Networks, Inc.
- Accenture PLC
- Fujitsu Limited
- NEC Corporation
- Extreme Networks, Inc.
TABLE 1 Europe Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 2 Europe Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Managed Network Market
TABLE 4 Product Launches And Product Expansions– Cloud Managed Network Market
TABLE 5 Acquisition and Mergers– Cloud Managed Network Market
TABLE 6 Europe Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 7 Europe Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 8 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 13 Europe Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 14 Europe IT & ITeS Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe IT & ITeS Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Retail & Ecommerce Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Retail & Ecommerce Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 33 Europe Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 34 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 39 Europe Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 40 Europe Public Cloud Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Public Cloud Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Private Cloud Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Private Cloud Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe Cloud Managed Network Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Cloud Managed Network Market by Country, 2022 - 2028, USD Million
TABLE 46 Germany Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 47 Germany Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 48 Germany Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 49 Germany Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 50 Germany Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 51 Germany Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 52 Germany Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 53 Germany Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 54 Germany Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 55 Germany Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 56 UK Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 57 UK Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 58 UK Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 59 UK Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 60 UK Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 61 UK Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 62 UK Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 63 UK Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 64 UK Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 65 UK Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 66 France Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 67 France Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 68 France Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 69 France Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 70 France Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 71 France Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 72 France Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 73 France Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 74 France Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 75 France Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 76 Russia Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 77 Russia Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 78 Russia Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 79 Russia Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 80 Russia Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Russia Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Russia Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 83 Russia Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 84 Russia Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 85 Russia Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 86 Spain Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 87 Spain Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 88 Spain Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 89 Spain Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 90 Spain Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 91 Spain Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 92 Spain Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 93 Spain Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 94 Spain Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 95 Spain Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 96 Italy Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 97 Italy Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 98 Italy Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 99 Italy Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 100 Italy Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 101 Italy Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 102 Italy Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 103 Italy Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 104 Italy Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 105 Italy Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 106 Rest of Europe Cloud Managed Network Market, 2018 - 2021, USD Million
TABLE 107 Rest of Europe Cloud Managed Network Market, 2022 - 2028, USD Million
TABLE 108 Rest of Europe Cloud Managed Network Market by Component, 2018 - 2021, USD Million
TABLE 109 Rest of Europe Cloud Managed Network Market by Component, 2022 - 2028, USD Million
TABLE 110 Rest of Europe Cloud Managed Network Market by Vertical, 2018 - 2021, USD Million
TABLE 111 Rest of Europe Cloud Managed Network Market by Vertical, 2022 - 2028, USD Million
TABLE 112 Rest of Europe Cloud Managed Network Market by Organization size, 2018 - 2021, USD Million
TABLE 113 Rest of Europe Cloud Managed Network Market by Organization size, 2022 - 2028, USD Million
TABLE 114 Rest of Europe Cloud Managed Network Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 115 Rest of Europe Cloud Managed Network Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 116 Key Information – Cisco Systems, Inc.
TABLE 117 Key information – IBM Corporation
TABLE 118 Key Information – NTT Data Corporation
TABLE 119 key information – Hewlett Packard Enterprise Company
TABLE 120 Key information – Accenture PLC
TABLE 121 Key Information – Extreme Networks, Inc.
TABLE 122 Key Information – Juniper Networks, Inc.
TABLE 123 Key Information – Fujitsu Limited
TABLE 124 key information – Huawei Technologies Co., Ltd.
TABLE 125 KEY INFORMATION – NEC Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisitions and Mergers : 2019, Aug – 2023, Feb) Leading Players
FIG 6 SWOT Analysis: Cisco Systems, Inc.
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: NTT Data Corporation
FIG 9 SWOT analysis: Hewlett-Packard enterprise Company
FIG 10 Swot analysis: Accenture plC