The Managed Network Services (MNS) market encompasses outsourced networking functions such as network monitoring, security, maintenance, and optimization offered by third-party service providers.
These services allow organizations to focus on core business operations while ensuring network reliability, performance, and scalability. Managed network services typically include LAN/WAN management, SD-WAN, network security, Wi-Fi management, VPN, and cloud network management.
The increasing complexity of IT environments, combined with the surge in remote and hybrid work models, has made network management more challenging. Enterprises are therefore turning to managed service providers (MSPs) for cost efficiency, agility, and security.
In 2024, the global Managed Network Services Market was valued at approximately USD 65–70 billion, and it is projected to reach USD 110–120 billion by 2030, growing at a CAGR of around 8–9% during 2024–2030.
The Global managed network services market is expected to reach USD 114.09 billion by 2032, at a CAGR of 6% from 2023 to 2032.
2. Market Dynamics
Drivers
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Rising demand for reliable and secure connectivity as enterprises expand their digital operations.
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Adoption of cloud-based services and SD-WAN driving demand for managed network solutions.
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Growth of remote work and hybrid IT environments, requiring scalable network management.
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Increased focus on cybersecurity and network visibility across distributed enterprises.
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Cost optimization and operational efficiency, as outsourcing reduces infrastructure management burden.
Restraints
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Data privacy and compliance concerns when outsourcing network operations.
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Dependence on third-party service providers, which can limit internal control.
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Integration challenges with legacy infrastructure and multi-vendor environments.
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High transition costs during migration from in-house to managed solutions.
Opportunities
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Expansion of AI-driven network automation and predictive analytics for proactive monitoring.
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Growing adoption of 5G, IoT, and edge computing, creating new network management opportunities.
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Demand for zero-trust network security and software-defined infrastructure.
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SMEs adopting managed services to bridge IT skill gaps and reduce operational complexity.
Trends
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Shift toward cloud-native and hybrid network management.
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Integration of AI/ML for real-time analytics and self-healing networks.
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Growth of managed SD-WAN and SASE (Secure Access Service Edge) solutions.
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Vertical-specific managed services, especially in healthcare, BFSI, and manufacturing.
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Increasing collaboration between telecom operators and IT service providers to offer integrated solutions.
3. Segment Analysis
By Service Type
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Managed LAN/WAN Services – Core offering covering enterprise network connectivity and optimization.
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Managed SD-WAN Services – Fastest-growing segment; supports cloud-based applications and hybrid workforces.
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Network Security Services – Includes firewall, intrusion detection, VPN, and threat management.
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Managed Wi-Fi Services – Popular among enterprises, campuses, and retail environments.
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Cloud Network Management – Enables seamless connectivity across multi-cloud environments.
By Organization Size
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Large Enterprises – Major market share; focus on network optimization and security compliance.
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Small & Medium Enterprises (SMEs) – Fastest-growing segment; adopting managed services for cost and expertise advantages.
By Deployment Mode
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On-Premises – Used by enterprises with strict data control requirements.
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Cloud-Based / Hybrid – Growing rapidly due to scalability, automation, and flexibility.
By End-Use Industry
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IT & Telecom – Largest adopter; need for global network management and high uptime.
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BFSI (Banking, Financial Services, Insurance) – Emphasis on network security and compliance.
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Healthcare – Increasing telemedicine and IoT applications drive demand.
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Retail & E-commerce – Reliance on network uptime for POS systems and customer analytics.
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Manufacturing – Industrial IoT and automation fueling demand for managed connectivity.
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Government & Public Sector – Adoption of managed networks for e-governance and smart infrastructure.
By Region
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North America – Largest market; driven by advanced IT infrastructure and MSP presence.
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Europe – Growth driven by cloud adoption and data protection regulations.
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Asia-Pacific – Fastest-growing region; expanding digitalization and 5G deployment (notably India, China, Japan).
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Latin America & Middle East/Africa – Emerging markets adopting managed services to enhance enterprise efficiency.
4. Some of the Key Market Players
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Cisco Systems, Inc.
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IBM Corporation
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Hewlett Packard Enterprise (HPE)
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AT&T Inc.
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Verizon Communications Inc.
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Huawei Technologies Co., Ltd.
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Nokia Corporation
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NTT Limited
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Tata Communications Limited
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Orange Business Services
5. List of Key Market Players
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Cisco Systems, Inc.
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IBM Corporation
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Hewlett Packard Enterprise (HPE)
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AT&T Inc.
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Verizon Communications Inc.
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Huawei Technologies Co., Ltd.
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Nokia Corporation
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NTT Limited
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Tata Communications Limited
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Orange Business Services
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Telefonica S.A.
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BT Group plc
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Ericsson AB
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Fujitsu Limited
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DXC Technology Company
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6. Report Description
The Managed Network Services Market Report provides a comprehensive analysis of current trends, growth factors, and competitive dynamics shaping the global market.
It evaluates both qualitative and quantitative aspects, covering market size (USD Billion), growth forecasts, regional shares, and competitive strategies for the period 2024–2030.
Key Features:
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Market segmentation by service type, deployment, organization size, end-user industry, and region.
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In-depth analysis of drivers, restraints, and emerging opportunities.
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Competitive landscape profiling leading players, strategic partnerships, mergers, and technology launches.
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Technological assessment of cloud, AI, SD-WAN, and 5G integration into managed network services.
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Regional outlook highlighting key markets in North America, Europe, Asia-Pacific, and emerging regions.
The report aims to help telecom operators, IT service providers, investors, and enterprises understand market trends and align their strategies for sustainable growth in an increasingly digital and connected world.
Summary
The Managed Network Services Market is expanding rapidly as organizations embrace digital transformation, remote work, and cloud-first strategies.
With rising network complexity and cybersecurity challenges, managed service providers play a crucial role in ensuring network resilience, scalability, and performance.
Technologies like AI-driven automation, SD-WAN, and SASE are reshaping the landscape, making MNS a vital enabler of modern enterprise networking.
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