The Latin America, Middle East and Africa Managed Network Services Market would witness market growth of 11.1% CAGR during the forecast period (2021-2027).
Managed service providers hire well-skilled IT specialists to offer top-notch network management. Also, MSPs ensure that the hired IT specialists must have completed technical training, which offers specialists proper knowledge regarding advanced network management practices. This helps in offering services that match the current industry standards. Moreover, it is important to have a well-trained and well-skilled IT team as it ensures the health and status of the customer’s business IT environment. Besides, it also helps in facilitating the robust and operation business IT network.
The managed network services market would display gradual growth in LAMEA during the forecast period. The managed network services are capable to provide an end-to-end offering and critical infrastructure & services to companies. MSPs employ their expertise in companies which help them in understanding management requirements and the impact of digitalization to assure the company before digitalizing their business. One of the leading managed network services providers in the UK and across LAMEA is Fujitsu.
Moreover, MSPs use various approaches like Software-Defined Wide Area Networks (SD-WAN), Network Functions Virtualization (NFV), and Software Defined Networks (SDN) for network virtualization, which have a positive impact on their business customers’ strategic objectives. Further, these services provide end-to-end Wi-Fi, LAN, and WAN network management. Thus, these factors are gaining the attention of numerous business customers that are fueling the demand for managed network services. Therefore, these factors will escalate the growth of the regional managed network services market in the forthcoming years.
The Brazil market dominated the LAMEA Small & Medium Enterprises Managed Network Services Market by Country 2020, thereby, achieving a market value of $608.9 million by 2027. The Argentina market would witness a CAGR of 13.5% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 12.5% during (2021 - 2027).
Based on Type, the market is segmented into Managed VPN, Managed WAN, Managed LAN, Managed Network Security, Managed WiFi and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Retail & eCommerce, Media & Entertainment, Healthcare, Government, Telecom & IT and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Managed Network Services Market is Predict to reach $87.7 Billion by 2027, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BT Group plc, Telefónica, S.A., T-Systems International GmbH, IBM Corporation, DXC Technology Company, Verizon Communications, Inc., NTT Data Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., and Ericsson AB.
By Type
By Deployment Mode
By Enterprise Size
By End User
By Country
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