Managed Network Services Market Set to Exceed US$95 Billion by 2030, Driven by Cloud Adoption, SD-WAN, and Security Convergence

According to this new global market research report from TechMarket Experts, a unit of Industry Experts, Inc., the Managed Network Services (MNS) market is forecast to rise from US$64.8 billion in 2024 to US$95.0 billion by 2030, expanding at a CAGR of 6.6%. Enterprises are increasingly outsourcing network management as hybrid work, multi-cloud deployments, and security challenges demand more agile and resilient infrastructures. North America leads the global market, with enterprises embracing managed SD-WAN, SASE, and network automation at scale, while Asia-Pacific is poised for the fastest growth, registering an 8.6% CAGR through 2030, supported by large-scale 5G deployments and digitization initiatives across emerging markets. By service type, Managed LAN remains the largest segment, valued at US$14.0 billion in 2024, while Managed Network Security is the fastest-growing, advancing nearly 10% CAGR as companies prioritize SASE adoption, zero-trust frameworks, and uni...