PUBLISHER: Grand View Research | PRODUCT CODE: 1728020
PUBLISHER: Grand View Research | PRODUCT CODE: 1728020
The global cloud managed network market size was valued at USD 31.14 billion in 2024 and is projected to grow at a CAGR of 13.5% from 2025 to 2030. The growing trend of remote and hybrid work models drives cloud-managed networks market growth. With employees working from multiple locations, businesses need a networking solution that provides secure, reliable, and scalable connectivity without requiring extensive on-site IT support. Cloud managed networking solutions allow IT teams to monitor, configure, and troubleshoot network issues remotely, reducing downtime and improving productivity. Additionally, features such as VPN integration, Zero Trust Network Access (ZTNA), and identity-based security policies help ensure that remote workers can securely access company resources from anywhere, further fueling the adoption of cloud-managed networks.
The rise of 5G and edge computing is also driving the adoption of cloud-managed networks. As organizations integrate 5G technology and edge computing solutions to enhance data processing and reduce latency, they require network management solutions that can efficiently handle increased data traffic and distributed computing environments. Cloud-managed networks provide intelligent traffic management, automated load balancing, and network segmentation capabilities, ensuring that businesses can fully leverage 5G and edge computing technologies without compromising performance or security. This integration is particularly relevant for industries such as manufacturing, healthcare, and smart cities, where real-time data processing is critical. In the third quarter of 2024, the global wireless telecommunications industry reached a significant milestone as 5G connections exceeded two billion, marking a remarkable 48% year-over-year growth.
In addition to enterprise adoption, the demand for cloud-managed networks is also rising in sectors such as education, healthcare, and government. Educational institutions are adopting cloud-managed networking solutions to support remote learning, campus-wide connectivity, and secure access to online educational resources. In healthcare, cloud-managed networks facilitate telemedicine, electronic health record (EHR) management, and secure patient data transmission. Government agencies are leveraging cloud-managed networks to enhance cybersecurity, streamline public services, and enable remote workforce operations. The increasing adoption of cloud networking solutions across these sectors is contributing to market growth.
Furthermore, the proliferation of IoT devices is driving the need for efficient network management solutions. IoT deployments require seamless connectivity, real-time monitoring, and security management, all of which are facilitated by cloud-managed networks. Businesses and industries using IoT for smart buildings, industrial automation, and asset tracking benefit from cloud-based networking solutions that provide centralized visibility and control over connected devices. As IoT adoption continues to grow, the demand for cloud-managed networks will increase, further boosting the market.
Global Cloud Managed Network Market Report Segmentation
This report forecasts revenue growth at global, regional, as well as at country levels and offers qualitative and quantitative analysis of the market trends for each of the segments and sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global cloud managed network market based on cloud deployment, enterprise size, end-use and region: