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U.S. Managed Network Services Forecast, 2024–2028

Publisher IDC
Published Nov 22, 2024
Length 16 Pages
SKU # IDC19339519

Description

U.S. Managed Network Services Forecast, 2024–2028


This IDC study presents a five-year forecast for the U.S. managed network services market for the 2024–2028 period."The U.S. managed network services market is projected to grow at a CAGR of 5.5%, expanding from $36.8 billion in 2023 to $48.2 billion by 2028," says Peter Chahal, research director for Telecommunications at IDC. "This growth reflects a shift in investment priorities as enterprises increasingly adopt managed network services to achieve flexible consumption of network connectivity solutions that integrate hardware, software, and life-cycle services."

Table of Contents

16 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Greater Need for Data Security and Privacy

Monetizing 5G Investments

The Shift to Cloud to Accelerate Digital Transformation

Inhibitors

Higher Initial Investment and Emerging Technologies That Could Limit Private 5G Growth

Long-Term Outsourcing Vision

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

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