The North America Managed Network Services Market would witness market growth of 5.7% CAGR during the forecast period (2021-2027).
Managed network services are often considered as an outsourced network solution, which are monitored, operated, and secured by managed service providers (MSPs) or third-party service providers. Moreover, managed network service refers to a communication network that can accelerate agility, minimize complications, and reduce installing costs. Though, the low adoption rate of outsourced managed services and uncertainty over the service charge are some of the factors that are anticipated to hamper the growth of the market. Likewise, insufficient IT infrastructure in emerging and unevolved nations, privacy & data security concerns, and lack of trained expertise or skilled personnel are other determinants that would slow down the growth of the managed network services market in the forthcoming years.
The managed network services market is anticipated to witness prominent growth in North America. The organizations across this region are benefitted from the use of managed network services as they help in preparing network infrastructure to boost business performance. The network engineers provide careful planning and testing that assist IT companies to work efficiently by managing the company’s networks delicately. Additionally, regional small and medium-sized enterprises in this region are able to boost their process efficiency by utilizing an on-demand model and pay for only for the needed services.
In North America, managed service providers offer fully managed & secured managed network services and infrastructure. These services are charged on the basis of fixed cost and its up-gradation cost is also minimal. Moreover, the best part of deploying these services is that they provide network protection against spam, malware, viruses, and other intrusions. Further, managed service providers are focused on providing a high-level network availability that will help in fueling the productivity of the business. Hence, MSPs are offering these benefits through network services, which is attracting numerous business customers towards it. Therefore, these factors are creating new growth avenues for the regional managed network services.
The managed network services market is witnessing a stiff competition due to the presence of numerous market players in the business ecosystem. The companies are largely depending on third parties to enhance their working efficiency, thereby leading to optimal utilization of resources and decreased expenditure. In addition, companies are taking help from managed service providers instead of facing challenges to remain parallel with emergence of latest technologies. Moreover, these network services enabled companies to make use of global resources that are not available to them. This helps companies in reducing the inconvenience of developing, monitoring, and maintaining their network and allows them to operate their business more efficiently. Thus, managed network services have emerged as the best substitute for in-house network management services that are comparatively higher in prices, consume a lot of time, and hard to manage & install by small and medium enterprises.
The US market dominated the North America Managed Network Services Managed WAN Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4807.5 million by 2027. The Canada market is experiencing a CAGR of 7.3% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 6.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Managed Network Services Market is Estimated 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.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Managed VPN
- Managed WAN
- Managed LAN
- Managed Network Security
- Managed WiFi
- Others
By Deployment Mode
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- BFSI
- Retail & eCommerce
- Media & Entertainment
- Healthcare
- Government
- Telecom & IT
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Ericsson AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Managed Network Services Market, by Type
1.4.2 North America Managed Network Services Market, by Deployment Mode
1.4.3 North America Managed Network Services Market, by Enterprise Size
1.4.4 North America Managed Network Services Market, by End User
1.4.5 North America Managed Network Services Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. North America Managed Network Services Market by Type
4.1 North America Managed Network Services Managed VPN Market by Country
4.2 North America Managed Network Services Managed WAN Market by Country
4.3 North America Managed Network Services Managed LAN Market by Country
4.4 North America Managed Network Services Managed Network Security Market by Country
4.5 North America Managed Network Services Managed WiFi Market by Country
4.6 North America Other Type Managed Network Services Market by Country
Chapter 5. North America Managed Network Services Market by Deployment Mode
5.1 North America On-premise Managed Network Services Market by Country
5.2 North America Cloud Managed Network Services Market by Country
Chapter 6. North America Managed Network Services Market by Enterprise Size
6.1 North America Large Enterprises Managed Network Services Market by Country
6.2 North America Small & Medium Enterprises Managed Network Services Market by Country
Chapter 7. North America Managed Network Services Market by End User
7.1 North America BFSI Managed Network Services Market by Country
7.2 North America Retail & eCommerce Managed Network Services Market by Country
7.3 North America Media & Entertainment Managed Network Services Market by Country
7.4 North America Healthcare Managed Network Services Market by Country
7.5 North America Government Managed Network Services Market by Country
7.6 North America Telecom & IT Managed Network Services Market by Country
7.7 North America Others Managed Network Services Market by Country
Chapter 8. North America Managed Network Services Market by Country
8.1 US Managed Network Services Market
8.1.1 US Managed Network Services Market by Type
8.1.2 US Managed Network Services Market by Deployment Mode
8.1.3 US Managed Network Services Market by Enterprise Size
8.1.4 US Managed Network Services Market by End User
8.2 Canada Managed Network Services Market
8.2.1 Canada Managed Network Services Market by Type
8.2.2 Canada Managed Network Services Market by Deployment Mode
8.2.3 Canada Managed Network Services Market by Enterprise Size
8.2.4 Canada Managed Network Services Market by End User
8.3 Mexico Managed Network Services Market
8.3.1 Mexico Managed Network Services Market by Type
8.3.2 Mexico Managed Network Services Market by Deployment Mode
8.3.3 Mexico Managed Network Services Market by Enterprise Size
8.3.4 Mexico Managed Network Services Market by End User
8.4 Rest of North America Managed Network Services Market
8.4.1 Rest of North America Managed Network Services Market by Type
8.4.2 Rest of North America Managed Network Services Market by Deployment Mode
8.4.3 Rest of North America Managed Network Services Market by Enterprise Size
8.4.4 Rest of North America Managed Network Services Market by End User
Chapter 9. Company Profiles
9.1 BT Group plc
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.2 Telefónica, S.A.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.3 T-Systems International GmbH (DEUTSCHE TELEKOM)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments
9.4.5.1 Partnerships, Collaborations and Agreement:
9.4.5.2 Acquisitions and Mergers:
9.4.6 SWOT Analysis
9.5 DXC Technology Company
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.4.2 Acquisitions and Mergers:
9.6 Verizon Communications, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Product Launches and Product Expansions:
9.6.4.2 Acquisition and Mergers:
9.6.4.3 Geographical Expansions:
9.7 NTT Data Corporation
9.7.1 Company overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisitions and Mergers:
9.7.6 SWOT Analysis
9.8 Cisco Systems, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations and Agreements:
9.8.5.2 Product launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.10. Ericsson AB
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
9.10.5.3 Acquisitions and Mergers:
9.10.5.4 Geographical Expansions:
9.10.6 SWOT Analysis
TABLE 1 North America Managed Network Services Market, 2017 - 2020, USD Million
TABLE 2 North America Managed Network Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Managed Network Services Market
TABLE 4 Product Launches And Product Expansions– Managed Network Services Market
TABLE 5 Acquisition and Mergers– Managed Network Services Market
TABLE 6 North America Managed Network Services Market by Type, 2017 - 2020, USD Million
TABLE 7 North America Managed Network Services Market by Type, 2021 - 2027, USD Million
TABLE 8 North America Managed Network Services Managed VPN Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Managed Network Services Managed VPN Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Managed Network Services Managed WAN Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Managed Network Services Managed WAN Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Managed Network Services Managed LAN Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Managed Network Services Managed LAN Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Managed Network Services Managed Network Security Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Managed Network Services Managed Network Security Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Managed Network Services Managed WiFi Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Managed Network Services Managed WiFi Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Other Type Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Other Type Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Managed Network Services Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 21 North America Managed Network Services Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 22 North America On-premise Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 23 North America On-premise Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Cloud Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Cloud Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Managed Network Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 27 North America Managed Network Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 28 North America Large Enterprises Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Large Enterprises Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Small & Medium Enterprises Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Small & Medium Enterprises Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Managed Network Services Market by End User, 2017 - 2020, USD Million
TABLE 33 North America Managed Network Services Market by End User, 2021 - 2027, USD Million
TABLE 34 North America BFSI Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 35 North America BFSI Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Retail & eCommerce Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Retail & eCommerce Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Media & Entertainment Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Media & Entertainment Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Healthcare Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Healthcare Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Government Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Government Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Telecom & IT Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Telecom & IT Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Others Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Others Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Managed Network Services Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Managed Network Services Market by Country, 2021 - 2027, USD Million
TABLE 50 US Managed Network Services Market, 2017 - 2020, USD Million
TABLE 51 US Managed Network Services Market, 2021 - 2027, USD Million
TABLE 52 US Managed Network Services Market by Type, 2017 - 2020, USD Million
TABLE 53 US Managed Network Services Market by Type, 2021 - 2027, USD Million
TABLE 54 US Managed Network Services Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 55 US Managed Network Services Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 56 US Managed Network Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 57 US Managed Network Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 58 US Managed Network Services Market by End User, 2017 - 2020, USD Million
TABLE 59 US Managed Network Services Market by End User, 2021 - 2027, USD Million
TABLE 60 Canada Managed Network Services Market, 2017 - 2020, USD Million
TABLE 61 Canada Managed Network Services Market, 2021 - 2027, USD Million
TABLE 62 Canada Managed Network Services Market by Type, 2017 - 2020, USD Million
TABLE 63 Canada Managed Network Services Market by Type, 2021 - 2027, USD Million
TABLE 64 Canada Managed Network Services Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 65 Canada Managed Network Services Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 66 Canada Managed Network Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 67 Canada Managed Network Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 68 Canada Managed Network Services Market by End User, 2017 - 2020, USD Million
TABLE 69 Canada Managed Network Services Market by End User, 2021 - 2027, USD Million
TABLE 70 Mexico Managed Network Services Market, 2017 - 2020, USD Million
TABLE 71 Mexico Managed Network Services Market, 2021 - 2027, USD Million
TABLE 72 Mexico Managed Network Services Market by Type, 2017 - 2020, USD Million
TABLE 73 Mexico Managed Network Services Market by Type, 2021 - 2027, USD Million
TABLE 74 Mexico Managed Network Services Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 75 Mexico Managed Network Services Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 76 Mexico Managed Network Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 77 Mexico Managed Network Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 78 Mexico Managed Network Services Market by End User, 2017 - 2020, USD Million
TABLE 79 Mexico Managed Network Services Market by End User, 2021 - 2027, USD Million
TABLE 80 Rest of North America Managed Network Services Market, 2017 - 2020, USD Million
TABLE 81 Rest of North America Managed Network Services Market, 2021 - 2027, USD Million
TABLE 82 Rest of North America Managed Network Services Market by Type, 2017 - 2020, USD Million
TABLE 83 Rest of North America Managed Network Services Market by Type, 2021 - 2027, USD Million
TABLE 84 Rest of North America Managed Network Services Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 85 Rest of North America Managed Network Services Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 86 Rest of North America Managed Network Services Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 87 Rest of North America Managed Network Services Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 88 Rest of North America Managed Network Services Market by End User, 2017 - 2020, USD Million
TABLE 89 Rest of North America Managed Network Services Market by End User, 2021 - 2027, USD Million
TABLE 90 Key Information – BT Group plc
TABLE 91 Key Information – Telefónica, S.A.
TABLE 92 Key Information – T-Systems International GmbH
TABLE 93 Key information – IBM Corporation
TABLE 94 key information – DXC Technology Company
TABLE 95 key information – Verizon Communications, Inc.
TABLE 96 Key Information – NTT Data Corporation
TABLE 97 Key Information – Cisco Systems, Inc.
TABLE 98 key information – Huawei Technologies Co., Ltd.
TABLE 99 key information – Ericsson AB
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: BT Group plc
FIG 6 Recent strategies and developments: Telefónica, S.A.
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Verizon Communications, Inc.
FIG 9 SWOT Analysis: NTT Data Corporation
FIG 10 Recent strategies and developments: Cisco Systems, Inc.
FIG 11 SWOT Analysis: Cisco Systems, Inc.
FIG 12 Recent strategies and developments: Ericsson AB
FIG 13 SWOT Analysis: Ericsson AB