The managed network services market is projected to grow from USD 65.7 billion in 2023 to USD 89.9 billion by 2028 at a CAGR of 6.5% during the forecast period. Adopting cloud computing drives the demand for managed network services, as organizations require reliable and secure connectivity to access cloud-based applications and services. Managed service providers offer solutions to optimize network connectivity to cloud environments and ensure seamless integration.
Major Managed Network Services Market Companies Include
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AT&T (US):
AT&T is one of the largest communication companies across the globe. It offers telecommunications media and technology services, such as voice and data communications, to consumers, providers, and businesses. Managed network services from AT&T include AT&T Business Wi-Fi, AT&T Managed Threat Detection and Response, Premises-based Firewall, Managed LAN, AT&T Network-Base Firewall Service, Managed SD-WAN, Managed VPN, AT&T Business Wi-Fi, and Intrusion Detection and Prevention Service. AT&T Business Wi-Fi is a cloud-managed Wi-Fi solution. Network-based Firewall Service is a security management reporting tool that allows enterprises to review bandwidth usage, address security-related compliance issues, and configure their firewall security services according to its specific corporate security policies. Premises-based Firewall Service provides a fully managed end-to-end solution to help enterprises increase their network’s security. AT&T Managed Threat Detection and Response provides coordinated threat detection, incident response, and threat management to help protect enterprises against pervasive, potentially destructive cyberattacks and increase network security. Some of the key subsidiaries of AT&T are AT&T Teleholdings, Inc. (US), AT&T Corp. (US), AT&T Mobility LLC (US), AT&T Mobility Group BV (Netherlands), DIRECTV, LLC (US), DIRECTV Latin America, LLC (US), and SKY Brasil Services Ltd. (Brazil). It has a strong footprint in North America, especially in the US.
BT Group (UK):
BT Group is the world’s oldest telecommunications company. The company develops and sells communications products and services and builds and operates networks essential to modern lives, businesses, and communities. The company focuses on four main product markets: fixed voice, mobile, converged connectivity, and networked IT services. Under Global Services, the company is one of the leading enterprise communications providers. It offers managed network and IT infrastructure services and serves enterprise customers in 180 countries to enable customers’ digital transformations. Under the Open Reach segment, the company builds and operates the fixed network that connects the UK’s homes and businesses. Managed network services from BT Group include Managed SD-WAN, Managed WAN, asand Ethernet VPN.
Telefonica (Spain):
A Spanish multinational telecommunications company with a presence in Europe and Latin America. They offer fixed and mobile network services, broadband internet, and pay-TV services to residential and business customers.
T-Systems (Germany):
A subsidiary of Deutsche Telekom, the largest telecommunications company in Germany. T-Systems focuses on information and communication technology (ICT) solutions for businesses, offering cloud computing, data center services, and network solutions.
NTT (Japan):
Nippon Telegraph and Telephone Corporation, a Japanese multinational telecommunications conglomerate. NTT provides fixed-line telephone, mobile network services, internet access, and IT solutions to a large customer base in Japan and globally.
Orange (France):
A French multinational telecommunications company with a strong presence in Europe and Africa. Orange offers fixed and mobile network services, broadband internet, and pay-TV services to consumers and businesses.
Vodafone (UK):
A British multinational telecommunications company with operations worldwide. Vodafone provides mobile network services, broadband internet, and fixed-line telephone services to a vast customer base.
Fujitsu (Japan):
A Japanese multinational information technology company offering a wide range of technology products and services. While not solely focused on telecommunications, Fujitsu provides network solutions, cloud computing services, and IT infrastructure solutions for telecommunication companies and other businesses.
Related Reports:
Managed Network Services Market by Type ( Managed LAN, Managed Wi-Fi, Managed WAN, Managed IP/VPN, Managed Network Security), Vertical, and Region( North America, Asia Pacific, Europe, Middle East Africa, Latin America) - Global Forecast to 2028
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