Component (Managed LAN/WPN Networks, Managed IP Telephony, Managed IP/VPN, Managed Wi-Fi)
The managed IP/VPN segment is estimated to gain the largest market share of about 26% in the year 2037. The segment growth can be attributed to the increasing adoption of IP/VPN services, especially among large enterprises, to facilitate data transmission. This type of VPN is highly reliable and secure as it uses private, dedicated network connections running over a secure IP backbone. Furthermore, it can deploy advanced security features, such as encryption and authentication, which help protect user data from unauthorized access.
Deployment Type (On-Premise, Cloud)
Managed network services market from the cloud segment is predicted to grow to a significant share of about 58% in the year 2037 due to the increasing adoption of cloud computing services to manage the network infrastructure and the growing trend of connectivity-as-a-service. This provides an opportunity for organizations to reduce their IT expenses and increase their operational efficiency. Additionally, cloud-based solutions offer scalability, flexibility, and agility to organizations. Furthermore, cloud solutions provide a range of services that can be customized to meet the changing needs of customers.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma
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