Global Cloud Managed Network Market is valued at approximately USD 19.5 billion in 2021and is anticipated to grow with a healthy growth rate of more than 10.9% over the forecast period 2022-2029.Cloud Managed Network is an innovative network mode for organizations to manage their network infrastructure with various technologies such as Artificial Intelligence (AI) and cloud computing. Organization network infrastructure includes Wi-Fi, wired network and SD-WAN. This network service utilizes the cloud management platform and is managed mostly by third parties. Cloud managed network also enables the adoption of new software features and faster rollout. Additionally, increasing adoption of cloud technology and rising digital transformation are driving the market for Cloud Network Market.
The increasing adoption of cloud technologies is driving the market for cloud managed network. The cloud applications market is growing at a CAGR of 4.8% and is anticipated to reach USD 168.6 billion by 2025. The multi-cloud management solution manages various cloud computing services such as SaaS, PaaS, and IaaS under a single heterogeneous architecture. The rising digital transformation is boosting the demand for cloud managed platforms in various industries. The worldwide spending on digitalization is projected to reach USD 3.4 trillion by 2026, a 20% increase was also seen in 2021.Cloud managed network helps industries and companies to deliver improved customer service bymanaging the cost, IT infrastructure and network breakdown. Moreover, continuous advancements in formulations and rising Adoption of Artificial intelligence (AI) and Machine learning (ML) are boosting the demand for cloud managed network. However, the high-security concerns of Cloud Managed Network stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Cloud Managed Network Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World .North America dominated the market for Cloud Managed Network due to the presence of major key vendors providing cloud-managed services. The rising deployment of big data solutions to streamline business operations is fueling the market demand for cloud managed network. Moreover, the rising adoption of cloud computing technologies and increasing internet penetration in this region are also driving the market. Asia-Pacific is anticipated to be the fastest-growing region due to various government initiatives and measures.Continuoustechnologicaladvancements and research & development arealso surging the market demand.
Major market players included in this report are:
- Cisco Systems, Inc.,
- Juniper Networks, Inc.
- Accenture plc
- International Business Machines Corporation
- Telefonaktiebolaget LM Ericsson
- Fujitsu Limited
- NTT DATA Corporation
- Extreme Networks, Inc.
- CommScope Holding Company, Inc
- Zyxel Communications Inc.
Recent Developments in the Market:
- In September 2022, Cisco announced itscollaboration with Wipro to create programmable and versatile hybrid cloud solutions through the edge, private and public clouds.
- In October 2022, Juniper networks came into partnership with Broadcom andsimplified every task from designto installation. Juniper builds improved real data connectivity.
Global Cloud Managed Network Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Component, Organization Size, Deployment Model, Vertical, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Component:
By Organization Size:
By Deployment Model:
- Public Cloud
- Private Cloud
By Vertical:
- IT and ITeS
- BFSI
- Retail and eCommerce
- Healthcare and Life Sciences
- Transportation and Logistics
- Manufacturing
- Media and Entertainment
- Energy and Utilities
- Other Verticals
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Cloud Managed Network Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Cloud Managed Network Market, by Component,2019-2029 (USD Billion)
- 1.2.3. Cloud Managed Network Market, by Organization Size, 2019-2029 (USD Billion)
- 1.2.4. Cloud Managed Network Market, by Deployment Model, 2019-2029 (USD Billion)
- 1.2.5. Cloud Managed Network Market, by Vertical, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Cloud Managed Network Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Cloud Managed Network Market Dynamics
- 3.1. Cloud Managed Network Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing adoption of cloud technology.
- 3.1.1.2. Rising Digital Transformation.
- 3.1.2. Market Challenges
- 3.1.2.1. High security concerns of Cloud Managed Network
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in Formulation.
- 3.1.3.2. Adoption of AI and ML.
Chapter 4. Global Cloud Managed Network MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cloud Managed Network Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Cloud Managed Network Market by Component, Performance - Potential Analysis
- 6.3. Global Cloud Managed Network Market Estimates & Forecasts by Component2019-2029 (USD Billion)
- 6.4. Cloud Managed Network Market, Sub Segment Analysis
- 6.4.1. Solutions
- 6.4.2. Services
Chapter 7. Global Cloud Managed Network Market, by Organization Size
- 7.1. Market Snapshot
- 7.2. Global Cloud Managed Network Market by Organization Size, Performance - Potential Analysis
- 7.3. Global Cloud Managed Network Market Estimates & Forecasts by Organization Size2019-2029 (USD Billion)
- 7.4. Cloud Managed Network Market, Sub Segment Analysis
- 7.4.1. Large Enterprises
- 7.4.2. SMEs
Chapter 8. Global Cloud Managed Network Market, byDeployment Model
- 8.1. Market Snapshot
- 8.2. Global Cloud Managed Network Market by Deployment Model, Performance - Potential Analysis
- 8.3. Global Cloud Managed Network Market Estimates & Forecasts by Deployment Model2019-2029 (USD Billion)
- 8.4. Cloud Managed Network Market, Sub Segment Analysis
- 8.4.1. Public Cloud
- 8.4.2. Private Cloud
Chapter 9. Global Cloud Managed Network Market, by Vertical
- 9.1. Market Snapshot
- 9.2. Global Cloud Managed Network Market by Vertical, Performance - Potential Analysis
- 9.3. Global Cloud Managed Network Market Estimates & Forecasts by Vertical2019-2029 (USD Billion)
- 9.4. Cloud Managed Network Market, Sub Segment Analysis
- 9.4.1. IT and ITeS
- 9.4.2. BFSI
- 9.4.3. Retail and eCommerce
- 9.4.4. Healthcare and Life Sciences
- 9.4.5. Transportation and Logistics
- 9.4.6. Manufacturing
- 9.4.7. Media and Entertainment
- 9.4.8. Energy and Utilities
- 9.4.9. Other Verticals
Chapter 10. Global Cloud Managed Network Market, Regional Analysis
- 10.1. Cloud Managed Network Market, Regional Market Snapshot
- 10.2. North America Cloud Managed Network Market
- 10.2.1. U.S.Cloud Managed Network Market
- 10.2.1.1. Componentbreakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Organization Size breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Deployment Model breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Verticalbreakdown estimates & forecasts, 2019-2029
- 10.2.2. CanadaCloud Managed Network Market
- 10.3. Europe Cloud Managed Network Market Snapshot
- 10.3.1. U.K. Cloud Managed Network Market
- 10.3.2. Germany Cloud Managed Network Market
- 10.3.3. France Cloud Managed Network Market
- 10.3.4. Spain Cloud Managed Network Market
- 10.3.5. Italy Cloud Managed Network Market
- 10.3.6. Rest of EuropeCloud Managed Network Market
- 10.4. Asia-Pacific Cloud Managed Network Market Snapshot
- 10.4.1. China Cloud Managed Network Market
- 10.4.2. India Cloud Managed Network Market
- 10.4.3. JapanCloud Managed Network Market
- 10.4.4. Australia Cloud Managed Network Market
- 10.4.5. South Korea Cloud Managed Network Market
- 10.4.6. Rest of Asia PacificCloud Managed Network Market
- 10.5. Latin America Cloud Managed Network Market Snapshot
- 10.5.1. Brazil Cloud Managed Network Market
- 10.5.2. MexicoCloud Managed Network Market
- 10.6. Rest of The World Cloud Managed Network Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Cisco Systems, Inc.,
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. ProductSummary
- 11.2.1.5. Recent Developments
- 11.2.2. Juniper Networks, Inc.
- 11.2.3. Accenture plc
- 11.2.4. International Business Machines Corporation
- 11.2.5. Telefonaktiebolaget LM Ericsson
- 11.2.6. Fujitsu Limited
- 11.2.7. NTT DATA Corporation
- 11.2.8. Extreme Networks, Inc.
- 11.2.9. CommScope Holding Company, Inc
- 11.2.10. Zyxel Communications Inc.
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption