Global Managed Network Services Market Size, Forecast, and Trend Highlights Over 2025-2037
Managed Network Services Market size was valued at USD 73.1 billion in 2024 and is projected to reach USD 198.4 billion by the end of 2037, rising at a CAGR of 9.3% during the forecast period, i.e., 2025-2037. In 2025, the industry size of managed network services is evaluated at USD 79.5 billion.
The increasing demand for high-speed connectivity and cybersecurity solutions significantly impacts international trade in products associated with managed network services (MNS). For instance, in 2023, the global exports of telecommunications equipment reached over USD 145 billion. Likewise, imports of vital raw materials, like rare earth metals used in semiconductors, saw about a 7.8% increase across the globe, led by the development of 5G and the Internet of Things (IoT). Additionally, growing investment in cybersecurity solutions across the globe indicates a significant push in technology spending. Moreover, a rising focus on domestic production, to cut down on import reliance, will drive the demand for MNS.
The MNS market is built on a complex supply chain that includes hardware, software, and a skilled workforce. According to an analysis, over USD 7.3 billion worth of telecom equipment was imported by the United States in 2023, while U.S. exports of network equipment hit USD 3 billion in the same year. Businesses must use MNS, as supply chain resilience has become a primary focus.
