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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