Global Managed Network Services Market Size, Forecast, and Trend Highlights Over 2025-2037
Managed Network Services Market size was valued at USD 73.1 billion in 2024 and is projected to reach USD 198.4 billion by the end of 2037, rising at a CAGR of 9.3% during the forecast period, i.e., 2025-2037. In 2025, the industry size of managed network services is evaluated at USD 79.5 billion.
The increasing demand for high-speed connectivity and cybersecurity solutions significantly impacts international trade in products associated with managed network services (MNS). For instance, in 2023, the global exports of telecommunications equipment reached over USD 145 billion. Likewise, imports of vital raw materials, like rare earth metals used in semiconductors, saw about a 7.8% increase across the globe, led by the development of 5G and the Internet of Things (IoT). Additionally, growing investment in cybersecurity solutions across the globe indicates a significant push in technology spending. Moreover, a rising focus on domestic production, to cut down on import reliance, will drive the demand for MNS.
The MNS market is built on a complex supply chain that includes hardware, software, and a skilled workforce. According to an analysis, over USD 7.3 billion worth of telecom equipment was imported by the United States in 2023, while U.S. exports of network equipment hit USD 3 billion in the same year. Businesses must use MNS, as supply chain resilience has become a primary focus.
Managed Network Services Sector: Growth Drivers and Challenges
Growth Drivers
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The widespread adoption of 5G and IoT: For instance, by 2023, China will have 2 million 5G base stations, and by 2030, there will be over 25 billion IoT devices. 5G provides high bandwidth and low latency, which will likely drive the demand for MNS's need for sophisticated network management. The National Institute of Standards and Technology (NIST's) IoT security recommendations draw attention to potential weaknesses and also make it difficult for suppliers to guarantee scalability, driving the use of managed security solutions. For instance, in June 2023, Wipro Limited announced a partnership with Cisco for the introduction of managed private 5G Services to help enterprise customers achieve improved business outcomes.
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Increasing cybersecurity concerns: The need for managed network security services is fueled by the rise in cyberattacks. This makes scalable and flexible MNS solutions like firewalls and intrusion prevention systems compulsory. MNS guarantees that the network conforms to data protection laws, such as GDPR or HIPAA. According to The European Union Agency for Cybersecurity (ENISA's) 2024 report threat Landscape, ransomware incidents in Europe increased by around 38%.
5G Deployment and Its Impact on the Global Managed Network Services Market
The global managed network services market is estimated to rise, driven by the growing deployment of 5G networks. Businesses use 5G for improved MNS, which is crucial for businesses. This also makes it possible for networks to be secure and flexible. 5G opens new frontiers for industrial IoT (IIoT) by enabling real-time data analytics, automation, and predictive maintenance. 5G's integration with edge computing and IoT accelerates the adoption of smart factories. For instance, in 2023, more than 40% of supply chain professionals prioritize 5G for IoT connectivity. These developments highlight how 5G will transform MNS by improving scalability and stimulating enterprise-wide innovation.
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Trend |
Industry |
Statistic/Example |
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5G Implementation |
Telecom |
In 2024, Verizon's 5G NaaS solution improved the speed of IoT deployment by about 38%. |
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Cybersecurity Developments |
Finance |
In 2024, 90.2% of executives have confidence that cybersecurity is a basic asset that will improve managed security. |
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Cloud-Based Solutions |
Cross-Industry |
Multi-cloud configurations are used by 87% of enterprises. This is driving MNS demand in 2024. |
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SD-WAN |
Finance |
In 2023, JPMorgan Chase increased worldwide connectivity by 24.5% by using SD-WAN. |
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AI-Driven Automation |
Manufacturing |
In 2023, Kyndryl's AI platform helped a food manufacturer cut down on network outages by 29.9%. |
Pricing Trends and Technological Impact on MNS Market (2020–2024)
The global Managed Network Services market has witnessed substantial variations in prices over the last five years. These fluctuations are propelled by both geographical and technological developments. For instance, the average price of MNS solutions in North America fell from around USD 98 per unit in 2020 to USD 75 per unit in 2024.
Additionally, during the same timeframe, Europe saw a reasonable price decline. Consequently, this restricted the quick deployment of cost-cutting technologies. The situation was very different in Asia, where the MNS prices increased despite technological breakthroughs.
Regional Price Trends in Managed Network Services (2020–2024)
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Region |
2020 Avg. Price |
2024 Avg. Price |
Annual Price Change |
Key Technological Influence |
|---|---|---|---|---|
|
North America |
USD 99.2 per unit |
USD 79.8 per unit |
-4% |
AI integration and automation |
|
Europe |
USD 94.4 per unit |
USD 81 per unit |
-2% |
Gradual 5G adoption, regulatory factors |
|
Asia |
USD 84.6 per unit |
USD 97.8 per unit |
+4% |
Rapid 5G rollout, increased demand |
Challenges
- Data privacy and security concerns: Managed network services present data security issues, including unauthorized access attempts, malware infections, data breaches, and denial of service. MNS often deals with sensitive information, which makes organizations vulnerable to cyberattacks. As a result, governments and industries have introduced stringent cybersecurity guidelines such as GDPR, HIPAA, and CCPA. For instance, to prevent unauthorized access, ISO 27001:2022 Annex A Control 8.21 highlights best practices for network service security.
- Lack of skilled professionals: It gets difficult to locate workers skilled in SD-WAN and cloud networking. This affects the quality of services and possibly hampers the delivery of effective MNS. The dearth of tech expertise makes it difficult for the firms to fulfill their long-term obligations to stakeholders.
Managed Network Services Market: Key Insights
| Report Attribute | Details |
|---|---|
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
9.3% |
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Base Year Market Size (2024) |
USD 73.1 billion |
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Forecast Year Market Size (2037) |
USD 198.4 billion |
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Regional Scope |
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Managed Network Services Segmentation
Service Type (Managed Network Security, Managed WAN, Managed LAN, Managed VPN, Managed Wi-Fi, Managed Monitoring)
The managed network security segment of the managed network services market is expected to hold a leading 34.8% revenue share by the end of 2037. The growth of the segment is driven by the requirement for regulatory compliance and growing cyber threats. According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), ransomware occurrences increased by over 35% in 2023. This has made sophisticated security measures like intrusion detection systems and firewalls necessary. According to the Internet Society, over 90% of businesses place a high priority on cybersecurity. Thus, this increases demand for risk-reduction managed services. Businesses can save breach expenses by outsourcing to MNS providers for round-the-clock monitoring and by collaborating with companies that offer AI-driven threat detection.
Deployment Mode (Cloud, On-Premise)
The cloud segment is likely to account for around 57.8% of revenue share in the market. The growth is fuelled by cloud-based MNS's affordability and scalability. According to the National Institute of Standards and Technology (NIST), more than 85% of businesses use multi-cloud configurations. This increases the requirement for MNS to maximize efficiency. By lowering infrastructure costs by more than 15%, cloud MNS helps SMEs grow effectively. Businesses should implement cloud-native MNS systems to optimize benefits.
Our in-depth analysis of the global managed network services markt includes the following segments:
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Service Type |
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Deployment Mode |
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End-User Vertical |
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Organization Size |
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Customize this ReportManaged Network Services Industry - Regional Synopsis
North America Market Forecast
The North America managed network services market is expected to account for a leading share of 30.2% by the end of 2037. Key factors supporting the growth of the industry are the growth of IoT and the need for cybersecurity. According to the Internet Society, there were over 14 billion IoT devices by 2024. Consequently, this increased the demand for MNS for scalable, secure networks. In 2023, NTIA's USD 47 billion Infrastructure Act improved broadband for over 2 million households. This significantly drove the adoption of MNS. While ISED's Connecting Communities Fund supports the expansion of rural MNS, government initiatives such as the FCC's Emergency Connectivity Fund guarantee digital equity. Moreover, these factors establish North America as a trailblazer in the MNS market.
By 2037, it is predicted that the U.S. MNS market will dominate the industry with the rapid expansion of IoT, edge computing, and zero-trust security. As per data published by NIST, more than 55% of businesses implemented edge computing in 2024. Besides this, as per CISA, over 54% of companies prioritize zero-trust security, which reduces cyber threats. The Internet Society estimates that around 11 billion IoT devices will be in use by 2023. 5G, and cybersecurity are supported by the FCC's USD 9.2 billion 2024 budget, guaranteeing the U.S. MNS's leadership in scalability and innovation.
Asia Pacific Market Forecast
Asia Pacific is poised to hold a revenue share of 32% throughout the forecast period due to the rise of AI-driven network automation and cloud-based MNS by SMEs. Moreover, an increase in spending by the government drives the demand for MNS. As per ICT, in 2023, China's MIIT invested over USD 9 billion in ICT. According to MSIT, MNS adoption is fuelled by cybersecurity requirements, as evidenced by around 74% ransomware spike in 2022.
Additionally, by 2037, China is expected to have the largest Asia Pacific MNS revenue share due to its 5G leadership and digital economy. Further, the growth in the region is fueled by increased ICT investment in 2023 and CAICT's forecast of over 1 million enterprises implementing MNS in 2023. As per the Internet Society, by encouraging open-source MNS, programs like Made in China 2025's dependency on foreign technology is reduced.
Companies Dominating the Managed Network Services Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global managed network services market is projected to reach USD 73.1 billion in 2024, with dominating companies like Cisco and AT&T led by their strong 5G and cloud capabilities. Companies including NTT and Fujitsu of Japan, TCS and HCL of India, Orange and Accenture, two European firms, concentrate on regulatory compliance. The strategic activities, including acquisitions, partnerships between major market players, guarantee leadership in the swiftly transforming ICT industry.
Top 15 Global Managed Network Services Manufacturers
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Company Name |
Country of Origin |
Market Share (2023) |
|---|---|---|
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Cisco Systems, Inc. |
USA |
12.2% |
|
AT&T Intellectual Property |
USA |
10% |
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Verizon Communications Inc. |
USA |
9.1% |
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IBM Corporation |
USA |
8.2% |
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NTT Corporation |
Japan |
7.3% |
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Fujitsu Ltd. |
Japan |
XX% |
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Tata Consultancy Services Ltd. |
India |
XX% |
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HCL Technologies Ltd. |
India |
XX% |
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Accenture Plc |
Ireland (Europe) |
XX% |
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Orange Business Services |
France (Europe) |
XX% |
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T-Systems International GmbH |
Germany (Europe) |
XX% |
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Samsung SDS Co., Ltd. |
South Korea |
XX% |
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Telstra Corporation Limited |
Australia |
XX% |
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Telekom Malaysia Berhad |
Malaysia |
XX% |
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Kyndryl Holdings, Inc. |
USA |
XX% |
Here are a few areas of focus covered in the competitive landscape of the market:
In the News
• In May 2024, Nutanix Cloud Native AOS announced the introduction of Cloud Native AOS with unified storage and disaster recovery. The launch strengthens Nutanix’s position in the MNS marketplace.
• In May 2024, Gamma, a leading provider of technology-based communication solutions partnered with Cisco for the introduction of a fully managed secure network service to simplify multi-vendor network modernization.
• In May 2024, Cisco’s Meraki Campus Gateway (MCG) launched AI-driven network automation in which uses AI to tunnel WLAN traffic via VXLAN and QUIC, improving load balancing and high availability.
• In May 2024, Barracuda announced the launch of context-aware cybersecurity solutions with real-time threat detection and faster response times.
Author Credits: Abhishek Verma
- Report ID: 5013
- Published Date: May 26, 2025
- Report Format: PDF, PPT
