Asia Pacific Managed Network Services Market Forecast to 2030 - Regional Analysis - by Type, Deployment, Organization Size, and End-Use Vertical

List of Tables

The Asia Pacific managed network services market is expected to grow from US$ 16,231.16 million in 2023 to US$ 38,203.17 million by 2030. It is estimated to grow at a CAGR of 13.0% from 2023 to 2030.

Growing Interest in SD-WAN and SASE Fuels Asia Pacific Managed Network Services Market

Software-defined wide area network (SD-WAN) has been present for over a decade now, and it definitely provides various advantages over traditional WAN. Enterprise customers of MSPs, who have not yet utilized SD-WAN, are increasingly relying on the same. SD-WAN is often utilized to deliver additional cloud services such as security services, secure remote access, and multi-cloud connectivity. Several enterprises are considering SD-WAN over private leased lines and multi-protocol label switching (MPLS). This has resulted in a price decline for MPLS virtual private network (VPN) to compete with the growing attractiveness of SD-WAN. Additionally, SD-WAN providers are increasing feature sets to compete with MPLS VPN better. Furthermore, the increasing requirement for better management of remote sites on traditional VPN is expected to support SD-WAN usage and the utilization of managed network service providers.

Secure access service edge (SASE) is a newer network and security solution which is witnessing high growth rates owing to the increasing usage of public clouds. Reports suggest that SD-WAN can become obsolete if all enterprises move to public clouds. However, the chances of that happening globally are relatively low in the near future. SASE offers higher security and better communication endpoints over SD-WAN. Presently, the utilization rate of the public cloud is still quite low; hence, the combination of SD-WAN and SASE is favored more. While SD-WAN is yet to be utilized fully, combining it with SASE allows MSPs to offer their customers enhanced cybersecurity and better traffic flow. For instance, in March 2021, AT&T SASE launched Managed SASE Solution at scale that unifies leading security and networking technologies for a safer, resilient network. Hence, the growing interest in managed network service is expected to widen the growth opportunities for SD-WAN and SASE-managed network services.

Asia Pacific Managed Network Services Market Overview

The growing demand from financial & technology industries in APAC supports the market growth for managed network services. In the finance industry, the adoption of managed network services helps execute a wide range of complex cross-asset class trading strategies, which require connectivity for the complete portfolio of business continuity, trade lifecycle services, risk mitigation risk, and liquidity management. Further, in the technology industry, adopting managed network services helps manage private servers, computers, mobile devices, printers, cybersecurity, and data storage. A good managed network services provider also deploys 24x7 remote monitoring since threats do not follow a standard workweek schedule.

For instance, in November 2022, FUJIFILM Business Innovation Asia Pacific announced the availability of IT Expert Services (ITES) and managed network services in Singapore, a Managed IT Services powered by FUJIFILM CodeBlue. This service provides not just traditional IT support to Small and Medium Enterprises (SMEs) by supplementing their in-house information technology (IT) teams but also acts as their single point of contact for all their technology needs. Managed network-as-a-service (MNaaS) solutions are becoming increasingly important in the ASEAN capital markets. These solutions help execute a wide range of complex cross-asset class trading strategies, which require connectivity for the complete portfolio of trade lifecycle services, mitigation risk, business continuity, and liquidity management.

Asia Pacific Managed Network Services Market to 2030 (US$ Million)

Asia Pacific Managed Network Services Market Segmentation

The Asia Pacific managed network services market is segmented into type, deployment, organization size, end use, and country.

Based on type, the Asia Pacific managed network services market is segmented into managed LAN, managed network security, managed monitoring, managed VPN, managed WAN, and managed Wi-Fi. The managed LAN segment registered the largest Asia Pacific managed network services market share in 2023.

Based on deployment, the Asia Pacific managed network services market is segmented into cloud and on-premise. The on-premise segment held a larger Asia Pacific managed network services market share in 2023.

Based on organization size, the Asia Pacific managed network services market is segmented into large enterprises and SMEs. The large enterprises segment is sub-segmented into BFSI, government, IT & telecommunication, manufacturing, media & entertainment, retail & e-commerce, and others. The IT & telecommunication segment registered the largest Asia Pacific managed network services market share in 2023.

The SMEs segment is sub-segmented into BFSI, government, IT & telecommunication, manufacturing, media & entertainment, retail & e-commerce, and others. The IT & telecommunication segment registered the largest Asia Pacific managed network services market share in 2023.

Based on end-use vertical, the Asia Pacific managed network services market is segmented into BFSI, government, IT & telecommunication, manufacturing, media & entertainment, retail & e-commerce, and others. The IT & telecommunication segment held the largest Asia Pacific managed network services market share in 2023.

Based on country, the Asia Pacific managed network services market has been categorized into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific managed network services market share in 2023.

Accenture Plc; Cisco Systems Inc; Cognizant Technology Solutions Corp; Fujitsu Ltd; HCL Technologies Ltd; Huawei Investment & Holding Co Ltd; Kyndryl Holdings Inc; Tata Consultancy Services Ltd; and Verizon Communications Inc are some of the leading companies operating in the Asia Pacific managed network services market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific managed network services market.
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The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific managed network services market, thereby allowing players across the value chain to develop effective long-term strategies
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Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the managed network services market, as well as those hindering it
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Product Code: BMIRE00027234

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Asia Pacific Managed Network Services Market - By Type
- 1.3.2 Asia Pacific Managed Network Services Market - By Deployment
- 1.3.3 Asia Pacific Managed Network Services Market - By Organization Size
- 1.3.4 Asia Pacific Managed Network Services Market - By End-Use Vertical
- 1.3.5 Asia Pacific Managed Network Services Market- By Region

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Managed Network Services Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Asia Pacific Managed Network Services Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Digital Transformation
- 5.1.2 Growing Demand for Reducing Administration and Maintenance Expenditure
5.2 Market Restraints
- 5.2.1 Data Privacy and Security Concerns
5.3 Market Opportunities
- 5.3.1 Rising Utilization of Managed Network Services by SMEs
5.4 Future Trends
- 5.4.1 Growing Interest in SD-WAN and SASE
5.5 Impact Analysis of Drivers and Restraints

6. Managed Network Services Market - Asia Pacific Analysis

6.1 Asia Pacific Managed Network Services Market - Revenue and Forecast to 2030 (US$ Million)

7. Asia Pacific Managed Network Services Market Analysis - By Type

7.1 Overview
7.2 Asia Pacific Managed Network Services Market, By Type (2022 and 2030)
7.3 Managed LAN
- 7.3.1 Overview
- 7.3.2 Managed LAN: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
7.4 Managed Network Security
- 7.4.1 Overview
- 7.4.2 Managed Network Security: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
7.5 Managed Monitoring
- 7.5.1 Overview
- 7.5.2 Managed Monitoring: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
7.6 Managed VPN
- 7.6.1 Overview
- 7.6.2 Managed VPN: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
7.7 Managed WAN
- 7.7.1 Overview
- 7.7.2 Managed WAN: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
7.8 Managed Wi-Fi
- 7.8.1 Overview
- 7.8.2 Managed Wi-Fi: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)

8. Asia Pacific Managed Network Services Market Analysis - By Deployment

8.1 Overview
8.2 Asia Pacific Managed Network Services Market, By Deployment (2022 and 2030)
8.3 Cloud
- 8.3.1 Overview
- 8.3.2 Cloud: Asia Pacific Managed Network Services Market- Revenue and Forecast to 2030 (US$ Million)
8.4 On-Premise
- 8.4.1 Overview
- 8.4.2 On-Premise: Asia Pacific Managed Network Services Market- Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Managed Network Services Market Analysis - By Organization Size

9.1 Overview
9.2 Asia Pacific Managed Network Services Market, By Organization Size (2022 and 2030)
9.3 Large Enterprises
- 9.3.1 Overview
- 9.3.2 Large Enterprises: Asia Pacific Managed Network Services Market- Revenue and Forecast to 2030 (US$ Million)
  - 9.3.2.1 BFSI
    - 9.3.2.1.1 BFSI: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.3.2.2 Government
    - 9.3.2.2.1 Government: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.3.2.3 IT & Telecommunication
    - 9.3.2.3.1 IT & Telecommunication: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.3.2.4 Manufacturing
    - 9.3.2.4.1 Manufacturing: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.3.2.5 Media & Entertainment
    - 9.3.2.5.1 Media & Entertainment: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.3.2.6 Retail & E-Commerce
    - 9.3.2.6.1 Retail & E-Commerce: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.3.2.7 Others
    - 9.3.2.7.1 Others: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
9.4 SMEs
- 9.4.1 Overview
- 9.4.2 SMEs: Asia Pacific Managed Network Services Market- Revenue and Forecast to 2030 (US$ Million)
  - 9.4.2.1 BFSI
    - 9.4.2.1.1 BFSI: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.4.2.2 Government
    - 9.4.2.2.1 Government: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.4.2.3 IT & Telecommunication
    - 9.4.2.3.1 IT & Telecommunication: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.4.2.4 Manufacturing
    - 9.4.2.4.1 Manufacturing: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.4.2.5 Media & Entertainment
    - 9.4.2.5.1 Media & Entertainment: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.4.2.6 Retail & E-Commerce
    - 9.4.2.6.1 Retail & E-Commerce: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)
  - 9.4.2.7 Others
    - 9.4.2.7.1 Others: Asia Pacific Managed Network Services Market - Revenue, and Forecast to 2030 (US$ Million)

10. Asia Pacific Managed Network Services Market Analysis - By End-Use Vertical

10.1 Overview
10.2 Asia Pacific Managed Network Services Market Breakdown, By End-Use Vertical, 2022 & 2030
10.3 BFSI
- 10.3.1 Overview
- 10.3.2 BFSI Market Revenue and Forecast to 2030 (US$ Million)
10.4 Government
- 10.4.1 Overview
- 10.4.2 Government Market Revenue and Forecast to 2030 (US$ Million)
10.5 IT & Telecommunication
- 10.5.1 Overview
- 10.5.2 IT & Telecommunication Market Revenue and Forecast to 2030 (US$ Million)
10.6 Manufacturing
- 10.6.1 Overview
- 10.6.2 Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
10.7 Media & Entertainment
- 10.7.1 Overview
- 10.7.2 Media & Entertainment Market Revenue and Forecast to 2030 (US$ Million)
10.8 Retail & e-Commerce
- 10.8.1 Overview
- 10.8.2 Retail & e-Commerce Market Revenue and Forecast to 2030 (US$ Million)
10.9 Others
- 10.9.1 Overview
- 10.9.2 Others Market Revenue and Forecast to 2030 (US$ Million)

11. Asia Pacific Managed Network Services Market -Country Analysis

11.1 Asia Pacific : Managed Network Services Market
- 11.1.1 Asia Pacific Managed Network Services Market Breakdown, by Country
  - 11.1.1.1 Australia Managed Network Services Market, Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.1.1 Australia Managed Network Services Market Breakdown, By Type
    - 11.1.1.1.2 Australia Managed Network Services Market Breakdown, By Deployment
    - 11.1.1.1.3 Australia Managed Network Services Market Breakdown, By Organization Size
    - 11.1.1.1.4 Australia Managed Network Services Market Breakdown, By End-Use Vertical
  - 11.1.1.2 China Managed Network Services Market, Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.2.1 China Managed Network Services Market Breakdown, By Type
    - 11.1.1.2.2 China Managed Network Services Market Breakdown, By Deployment
    - 11.1.1.2.3 China Managed Network Services Market Breakdown, By Organization Size
    - 11.1.1.2.4 China Managed Network Services Market Breakdown, By End-Use Vertical
  - 11.1.1.3 India Managed Network Services Market, Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.3.1 India Managed Network Services Market Breakdown, By Type
    - 11.1.1.3.2 India Managed Network Services Market Breakdown, By Deployment
    - 11.1.1.3.3 India Managed Network Services Market Breakdown, By Organization Size
    - 11.1.1.3.4 India Managed Network Services Market Breakdown, By End-Use Vertical
  - 11.1.1.4 Japan Managed Network Services Market, Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.4.1 Japan Managed Network Services Market Breakdown, By Type
    - 11.1.1.4.2 Japan Managed Network Services Market Breakdown, By Deployment
    - 11.1.1.4.3 Japan Managed Network Services Market Breakdown, By Organization Size
    - 11.1.1.4.4 Japan Managed Network Services Market Breakdown, By End-Use Vertical
  - 11.1.1.5 South Korea Managed Network Services Market, Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.5.1 South Korea Managed Network Services Market Breakdown, By Type
    - 11.1.1.5.2 South Korea Managed Network Services Market Breakdown, By Deployment
    - 11.1.1.5.3 South Korea Managed Network Services Market Breakdown, By Organization Size
    - 11.1.1.5.4 South Korea Managed Network Services Market Breakdown, By End-Use Vertical
  - 11.1.1.6 Rest of APAC Managed Network Services Market, Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.6.1 Rest of APAC Managed Network Services Market Breakdown, By Type
    - 11.1.1.6.2 Rest of APAC Managed Network Services Market Breakdown, By Deployment
    - 11.1.1.6.3 Rest of APAC Managed Network Services Market Breakdown, By Organization Size
    - 11.1.1.6.4 Rest of APAC Managed Network Services Market Breakdown, By End-Use Vertical

12. Industry Landscape

12.1 Overview
12.2 Mergers and Acquisitions
12.3 Agreements, Collaborations and Joint Ventures
12.4 New Product Launches
12.5 Expansions and other Strategic Developments

13. Company Profiles

13.1 Accenture Plc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Cisco Systems Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Cognizant Technology Solutions Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Fujitsu Ltd
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Huawei Investment & Holding Co Ltd
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Kyndryl Holdings Inc
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 NTT Ltd
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Tata Consultancy Services Ltd
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Verizon Communications Inc
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 HCL Technologies Ltd
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Word Index