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 unified security management. Industry-wise, BFSI is the largest adopter of MNS, whereas Healthcare is the fastest-growing sector, benefiting from telehealth, IoT-enabled devices, and strict data compliance frameworks.
The comprehensive report breaks down the market by region, service type, network security type, deployment type, company type, and industry sector, covering five major regions and 29 countries. It profiles over 40 players, such as AT&T, Verizon, BT Group, Orange SA, Cisco Systems, IBM, Infosys, Tata Consultancy Services, and Huawei Technologies, showcasing innovations in SD-WAN, NaaS, AI/ML-powered analytics, and edge integration.
For sample pages or purchase options, contact +1-320-497-3787 or visit Managed Network Services (MNS) Market Report.
About TechMarket Experts
TechMarket Experts, a unit of Industry Experts, Inc., is your trusted source for independent and unbiased market research reports focused exclusively on the Information Technology (IT) and IT-enabled services industries. We provide forward-looking insights and strategic data to empower corporate decision-makers, analysts, and innovators navigating the dynamic global tech landscape. For more information, visit https://techmarketexperts.com or contact us at +1-320-497-3787.
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