About Managed MPLS
MPLS links are private networks that operate independently of the internet. It offers end users a high level of performance and enables traffic prioritization across a set of service features. It is the most popular form of WAN network used by businesses that want to keep their distributed channels linked across the globe. Better bandwidth is one of the advantages of using MPLS networks. Better bandwidth usage decreased network congestion, and a better end-user experience is all advantages of MPLS networks. Enterprises are adopting controlled MPLS services to provide a more stable link, which is driving the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Managed MPLS market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AT&T Communications Inc. (United States), BT Global Services Ltd (United Kingdom), Cisco Systems Inc. (United States), Century Link Inc. (United States), Vodafone Group PLC (United Kingdom), Sprint Nextel Corporation (United States), NTT Communications (Japan), Syringa Networks LLC (United States) and Orange SA (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Managed MPLS market by Type (Level 2 VPN and Level 3 VPN) and Region.
On the basis of geography, the market of Managed MPLS has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by End User Industry, the sub-segment i.e. Healthcare will boost the Managed MPLS market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Rise in Mobile Backhaul Networks and Increased Penetration of Cloud Services
Challenges:
Insufficient Bandwidth
Restraints:
Higher Costs Associated With MPLS
Opportunities:
Increase in the Demand for Secure Networking among Enterprises and Use of Machine Learning and Adoption of New Technologies among Enterprises
Market Leaders and their expansionary development strategies
In July 2020, CenturyLink Inc. announced its expansion of its global cloud alliance with Dell Technologies, Inc. and VMware, Inc. This expansion offers a hybrid cloud solution designed to help digital businesses in the Asia-Pacific successfully modernize their application workloads and manage their cloud journey.
In Aug 2019, The Kansas State increased its state-wide emergency response efficiency with AT&T and RapidDeploy. The new solution includes RapidDeploy’s Nimbus platform. With the usage of AT&T VPN, Kansas 911 centers have been able to access the solution through AT&T NetBond for Cloud, which enables a highly secure connection to transfer data between the call routing platform and RapidDeploy.
Key Target Audience
Managed MPLS Providers, Information Technology (IT) service providers, Cloud Service Providers, Consultants/consultancies/advisory firms, Government Organizations, Research firms and Business Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.