How big is the Managed MPLS Market?

The Managed MPLS Market size is expected to reach USD 68.87 billion in 2024 and grow at a CAGR of 5.99% to reach USD 92.13 billion by 2029. Read More

What is the current Managed MPLS Market size?

In 2024, the Managed MPLS Market size is expected to reach USD 68.87 billion. Read More

Who are the key players in Managed MPLS Market?

AT&T Inc., BT Global Services Limited, Cisco Systems Inc., Centurylink Inc. and Vodafone Group Plc are the major companies operating in the Managed MPLS Market. Read More

Which is the fastest growing region in Managed MPLS Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Managed MPLS Market?

In 2024, the North America accounts for the largest market share in Managed MPLS Market. Read More

What years does this Managed MPLS Market cover, and what was the market size in 2023?

In 2023, the Managed MPLS Market size was estimated at USD 64.98 billion. The report covers the Managed MPLS Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Managed MPLS Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Managed MPLS Services Market

Managed MPLS Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global MPLS Market is Segmented by Service (Level 2 VPN, Level 3 VPN), End-user Vertical (Healthcare, BFSI, Retail, Manufacturing, Government, IT, and Telecommunication), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa). The market size and forecasts are provided in terms of value (USD Billion) for all the above segments.

Managed MPLS Industry Overview

The managed MPLS market is moderately competitive and consists of several major players. A few significant players currently dominate the market in terms of market share. The major players focus on expanding their product portfolio and customer base across foreign countries. These companies leverage strategic collaborative initiatives to increase their market shares and profitability. Some of the recent developments in the market are:

November 2022 - Equinix and VMware announced a partnership to deliver new digital infrastructure and multi-cloud services with more performant, secure, and cost-effective cloud options to satisfy business-critical performance demands at the edge while enabling them to preserve the integrity of enterprise workloads to support enterprise applications.