[184 Pages Report] The Cloud Managed Network Market size was estimated at USD 20.42 billion in 2023 and expected to reach USD 22.97 billion in 2024, at a CAGR 12.84% to reach USD 47.58 billion by 2030.
The cloud-managed network provides the visibility, management, and scale needed to operate today's distributed cloud and on-premises network, security, location infrastructure, and user-specific services. Cloud-managed network platform offers security and privacy in data transmission and provides a high data availability accessible to users. The managed cloud platform allows enterprises to shift their entire network process on cloud computing to maintain the network performance on cloud networking. Market players are rapidly adopting cloud-managed network solutions to streamline their business procedures and deliver better and more agile services to their customers. However, high operating and administrative costs and data security and privacy issues significantly impede cloud-managed network adoption. In addition, market players are offering services to developers to create, manage, and deploy applications in private and public cloud environments. Increasing usage of AI and ML in cloud-managed network platforms and integrating advanced hybrid cloud models create robust opportunities for developing cloud-managed networking.
The rise of the North American market is attributed to numerous multinational corporations in industrialized nations such as the U.S. and Canada. The significant expenditures being made in the installation of cloud services by both government-affiliated businesses and commercial organizations help the regional market expand. In Asia-Pacific countries such as China, Japan, Singapore, South Korea, and India, the efforts by public and private institutions to bring ICT and telecommunications to increase efficiency and improve productivity for businesses operating in different verticals drive the need for the cloud-managed network. Also, the need to support next-generation offerings, such as cloud services, AI, IoT, and edge computing, increases digital economic growth and innovation within the Asia-Pacific region. In European countries such as Germany, Spain, and Benelux, deploying 5G networks and growing investment for developing secure networking infrastructure across industries increases the adoption of cloud-managed networks.
The market dynamics represent an ever-changing landscape of the Cloud Managed Network Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
- Market Drivers
- Increasing adoption of cloud managed network solutions among organizations
- Rapid rise in deployment of Wi-Fi solution across the public and private organization
- Increasing need for greater data connectivity and the growing popularity of hybrid cloud models across enterprises
- Market Restraints
- High operating and administrative costs associated with cloud managed network
- Market Opportunities
- Increasing usage of artificial intelligence and machine learning in cloud managed network platforms
- Integration of advanced hybrid cloud models in managed networking services
- Market Challenges
- Concerns related to data security and privacy of cloud managed network solutions
The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Cloud Managed Network Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Cloud Managed Network Market.
The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Cloud Managed Network Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.
The value chain of the Cloud Managed Network Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.
The pricing analysis comprehensively evaluates how a product or service is priced within the Cloud Managed Network Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Cloud Managed Network Market.
The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Cloud Managed Network Market.
The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Cloud Managed Network Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.
The trade analysis of the Cloud Managed Network Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.
The regulatory framework analysis for the Cloud Managed Network Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cloud Managed Network Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Cloud Managed Network Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Ireland’s largest managed cloud services provider, eir evo, selects HPE GreenLake to modernize its private cloud
Ireland's largest managed cloud services provider eir EVO has selected HPE Greenlake to modernize its private cloud. This decision shows that HPE Greenlake is scaling its network of managed cloud services for organizations of all sizes. The offering, with both on-premises and multi-cloud integration capabilities, helps organizations modernize existing workloads while deploying new applications and infrastructure cost-effectively. HPE Greenlake also strong support of innovative strategies like hybrid IT and open-architectures for a more agile, secure, and automated digital transformation journey. Organizations are taking notice of HPE Greenlake's successful application in the modernizing of their private cloud networks. [Published On: 2023-03-23]
D-Link to present the new lineup of 5G O-RAN at MWC 2023, providing truly total solutions for smart cities
The Mobile World Congress (MWC2023) is the largest gathering of mobile technology leaders and innovators in the world. This year, D-Link had its premiere in the event with a focus on their new Cloud Managed Network solutions. With six highly scalable, customizable tools to enhance organizational agility and help reduce costs, D-Link's suite offers unparalleled capabilities for businesses of all sizes. Growing customer demand for smart cloud management combines with a need for AI-enhanced solutions that can optimize user experience and maximize investments to create an ideal solution from D-Link. MWC2023 provided a great opportunity for tech executives across industries to check out the unique Cloud Managed Network from D-Link and learn how it can benefit their organizations. [Published On: 2023-02-27]
Huawei Launches the Digital Managed Network Solution to Boost New Growth for Carriers' B2B Services
Huawei's MWCon2023 digital managed network solution is revolutionizing the cloud managed network market. With innovating from the ground up, Huawei is able to offer a wide variety of services such as lightning fast speeds and expansive coverage. Additionally, their one-of-a-kind privacy and security protocols ensure that your data is safe and secure at all times. With flexible customization options and advanced analytics tools, customers are able to get the most out of their cloud managed network solutions. Huawei's MWCon2023 is providing companies with an efficient and reliable top-tier networking experience that can't be found anywhere else. [Published On: 2023-02-27]
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cloud Managed Network Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
The report delves into recent significant developments in the Cloud Managed Network Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Accrets International Pte Ltd., Alcatel-Lucent S.A., Arista Networks, Inc., Arrcus Inc., Auvik Networks Inc., Aviatrix Systems, Inc., Cisco Systems, Inc., Cloud Managed Networks, Cloudscape Technologies, CommScope, Inc., D-Link Corporation, DynTek, Inc., Emtech by Dexxon Group, EnGenius Technologies, Extreme Networks, Flexgrid, Fortinet, Inc., Fujitsu Ltd., GTT Communications, Inc., HashiCorp, Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., IDC by Blackstone Inc., Infoblox Inc., Infosys Ltd., InHand Networks, International Business Machines Corporation, Iptechview, Inc., Iricent Ltd., Isovalent, Inc., IT Desk, Juniper Networks, Inc. by Synopsys, Kalyx Networks Pvt. Ltd., Mindsight, NEC Corporation, New H3C Technologies Co., Ltd., Nokia Corporation, NTT Limited, Pinnacle Technology Partners, Piolink, Inc., Prodec Networks by TIEVA, Prophecy Networks Ltd., Prosimo Inc., Redway Networks Ltd., Teldat Group, Telefonaktiebolaget LM Ericsson, Total Communications by Frontier Communications Corporation, Veracloud, and Zyxel Communications Corporation.
This research report categorizes the Cloud Managed Network Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Services
- Software
- Deployment
- Hybrid
- Private
- Public
- Organization Size
- Large Enterprises
- Small & Medium Enterprises
- Vertical
- Banking, Financial Services & Insurance
- Healthcare & Life Science
- Information Technology
- Legal & Education
- Manufacturing
- Retail & eCommerce
- Telecommunications & Networking
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Cloud Managed Network Market, by Type
- Cloud Managed Network Market, by Deployment
- Cloud Managed Network Market, by Organization Size
- Cloud Managed Network Market, by Vertical
- Americas Cloud Managed Network Market
- Asia-Pacific Cloud Managed Network Market
- Europe, Middle East & Africa Cloud Managed Network Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 24]
- List of Tables [Total: 380]
- List of Companies Mentioned [Total: 50]
What are Cloud-managed networks?
Cloud-managed networks are networks that are administered and monitored by a provider, providing visibility and control that can be accessed via the cloud. Businesses no longer need to have an on-site IT team to manage their network. Instead, the cloud-based provider handles everything from maintaining network infrastructure to software upgrades and security. Cloud-managed networks streamline enterprise networking, scale seamless connectivity, and provide high availability.
Benefits of Cloud-managed networks:
There are several benefits of implementing cloud-managed networks in the enterprise. Some of these benefits include:
Reduced Costs: Without a cloud-managed network, enterprises would need to pay for hardware costs, maintenance, and implementation. Cloud-managed networks eliminate these costs, as service providers are responsible for the infrastructure, maintenance, and updates of the system.
Scalability: With cloud-managed networks, scaling up or down infrastructure resources is straightforward as the business grows. Companies can add new devices, users, and applications to the network quickly and efficiently.
Network Security: Cloud-managed networks offer enhanced security features that are rare in on-premise networks. Cloud service providers have expert teams trained in security protocols, firewalls, and intrusion prevention systems that protect enterprises from cyber-attacks.
Boosting Network Efficiency:
Enterprises adopting cloud-managed networks can enjoy consistent access to the latest hardware and software. The provider ensures maximum network uptime and can remotely troubleshoot any problem that may arise, reducing network downtime. The provider provides an easy-to-use management portal that simplifies how to operate the network, giving real-time visibility into the network's performance and potential issues that require the attention of businesses.
Management and Monitoring are Simplified:
Managing a network can be time-consuming, tedious, and costly, especially in the case of large enterprises. IT team spends hours tracking network components, troubleshooting issues, and upgrading firmware. A cloud-managed network simplifies this process by centralizing all network management, monitoring, and troubleshooting within the cloud.
Increased Flexibility with Hybrid Cloud Networking:
The adoption of hybrid cloud models provides the flexibility to run a diverse range of cloud applications, requiring low latency and high bandwidth. Cloud-managed networks support hybrid cloud networking by providing the framework and infrastructure to integrate multiple clouds seamlessly into an enterprise's infrastructure, ensuring maximum efficiency, scalability, and readiness.
The need for networks to keep businesses operational and enable digital growth has never been more significant. Cloud-managed networks are the future of enterprise networking, offering a streamlined, scalable, and secure path to bolster networking infrastructure. The benefits of cloud-managed networks - cost savings, scalability, network efficiency, simplified network management, and support for hybrid cloud models - make them a must-have in enterprises.
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