DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Managed Network Services Market: Trends Analysis & Forecasts to 2021" report to their offering.
The global managed network services market was estimated USD 39.24 billion in 2016 and expected to reach USD 60.87 billion by the end of 2021, with a CAGR of 9.2% from 2015 to 2021.
Managed Network Services offers simplified and robust network to support enterprises in rapidly changing technical environment. These services help the organization to ensure optimal network performance to support increasingly demanding service performance needed to support business operations.
Managed network service providers offer fool-proof network with 24/7 availability, flexibility, and scale up high performance to the organizations. Managed network services comprise technical expertise, sophisticated monitoring & management tools, and refined processes to ensure that all the devices attached to the organizations network infrastructure are proactively monitored and managed. Increasing demand of managed network services across all the industry verticals is result of economic advantage that it offers to the business. Apart from focusing on network management issues, it helps the businesses to strategically focus on their core operation to streamline business growth. However, uncertainty of service charges and concerns over exposure to sensitive information restraints the market growth.
Currently, telecom and IT vertical dominated the managed security service market and the trend is expected to continue over the forecast period. This is attributed to high amiability of telecom and IT industry towards evolving network technologies to support internal and external business operations and relationships with stakeholders.
- Alcatel-Lucent Enterprise
- Cisco Systems
- HCL Technologies Limited
- Hewlett Packard Enterprise Development Lp
- Huawei Technologies Co. Ltd.
International Business Machines Corporation
Key Topics Covered:
2. Executive Summary
3. Global Managed Network Services Market Overview
4. Global Managed Network Services Market Analysis, by Service (USD Million) 2015-2021
5. Global Managed Network Services Market Analysis, by Vertical(USD Million) 2015-2021
6. Global Managed Network Services Market Analysis, by Region (USD Million) 2015-2021
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/dcpgbz/global_managed