Dublin, Jan. 7, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/wckjf4/managed_network) has announced the addition of the "Managed Network Services Market by Types, by Components, by Organization Size, by Verticals & by Regions - Global Forecasts to 2019" report to their offering.
Managed Network Services (MNS) enable the organizations to outsource their network infrastructure and operations, entirely or partially, to focus on their key business goals. Organizations are facing stiff competition due to scarcity of time, resources, capital funding, and lack of expert systems. Managed network services market helps the companies to reduce the cost incurred on network and IT spending by eliminating capital expenditures and operational expenditures, more than a cost control tool as it helps the organizations to avail a competitive advantage by improving efficiency and providing business differentiation. The demand of new enterprise's networking objectives is highly complex and requires better expertise to withstand in this vibrant business environment; MNS uses skilled resources and provides the flexibility to companies for expansion and diversification.
The managed network services market majorly involves telecom operators due to their strong existing network infrastructure and IT service providers to provide various network architecture services such as design, implementation and monitoring services. The market is pooled with various big players such as Ericsson, Alcatel-Lucent, Accenture, Nokia Siemens, Huawei, Cisco, and IBM. These companies cater across all business verticals such as telecommunication, retail, transport and logistics, manufacturing, public sector, defense, and education and also serves small and medium business to reduce the cost and enjoy global benefits. Considering its diverse applications and the companies' need to reduce the operational expenses, MNS seems to be an attractive alternative and expected to grow in a steady pace in the next 5 years.
In this report, the managed network services market has been segmented to understand and estimate the market opportunity for components, services, vertical, various sizes of organizations and its market sizes across different business verticals. In managed network components, Internet Protocol-Virtual Private Network (IP-VPN) captures the major share followed by Local Area Network (LAN) and Wireless LAN segment from 2014 to 2019. However, the Year-Over-Year (Y-O-Y) growth in the IP telephony and video conferencing and telepresence market are growing with a fast pace.
Europe, the first mover in the MNS market, is expected to be the major contributor by 2019 as well; Asia-Pacific (APAC) and Middle East and Africa (MEA) is expected to surpass its growth with a steady increase in the Y-O-Y growth due to huge growth potential in countries such as China and India. Medium business segment is growing as an attractive segment among mature and emerging markets and telecommunication and public sector verticals occupy a major share in terms of revenue contribution.
The managed network services market is expected to grow from $30.67 billion in 2014 to $50.83 billion by 2019. This represents a Compound Annual Growth Rate (CAGR) of 10.6% from 2014 to 2019.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Managed Network Services, By Component
8 Managed Network Services, By Service Type
9 Managed Network Services, By Organization Size
10 Managed Network Services, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- AT&T Inc.
- Computer Sciences Corporation (CSC)
- International Business Machines Corporation (IBM)
- Nokia Solutions and Networks (NSN)
For more information visit http://www.researchandmarkets.com/research/wckjf4/managed_network
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Source:Research and Markets