processes, and uniform scalability and cheaper functional costs. The other key reasons thrusting the development of
this sector constitutes the advantages like addition of centralized visibility and governing high cloud services.
A managed network services diminish the threats to the data secrecy and residency landmines with smart access
management and automated security analysis. A managed network services incapacitates multi-tenancy security flaws
by separating various business processes from shared environment. A managed network services allows only
permitted access to database by securing access controls.
The market is broadly categorized into two major segments based on the application type such as telecommunication
sector and IT vertical. The IT vertical was looked upon as one of the fastest growing segment in the managed network
services with substantial revenue generation in the last few years. Growing popularity of managed network services
the IT services segment is attributed to the network security services with data backup solutions.
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The managed network services market is divided by region as North America, Europe, Asia-Pacific, Latin America and
Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest
technologies, increase in the number of research & development activities in the region and existence of well-
established IT infrastructure. Asia-Pacific region is predicted to hold the major market share in the managed network
services with massive growth in forecast period.
Countries such as China, Singapore, India, and Australia are leading the Asia-Pacific market with better security
compliant offerings by vendors, growing need for enhanced control and visibility mechanisms, and significant
investment by leading industry players considering potential growth opportunities in the region.
The key players in the managed network services are 3T systems, Acropolis Technology Group, Inc., AT&T, Inc., Cisco
Systems, Inc., Aricent, Inc., Huawei Technologies Co., Ltd., Glowpoint, Inc., Hewlett and Packard (HP) Enterprises,
Ericsson Ltd., Nokia Co., Alcatel-Lucent S.A., and International Business Machines (IBM) Co.
Market Segment:
This report focuses on the top players in global market, like
• Cisco Systems, Inc.
• International Business Machines Corporation
• HCL Technologies Limited