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Managed MPLS Market by Service (Level 3 VPN, Level 2 VPN), End User (IT and Telecommunication, Healthcare, BFSI, Retail, Manufacturing, Government, and Others), and Region 2023-2028

Market Overview:

The global managed MPLS market size reached US$ 60.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 86.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.10% during 2023-2028.

Managed multi-protocol label switching (MPLS) is a networking technology used to improve the speed and control of network traffic. It is an isolated network that works independently of an internet connection. It provides a high level of performance to end users and allows traffic prioritization using a class of service features. Managed MPLS offers scalability, enhanced performance, better bandwidth utilization, and reduced network congestion. As compared to the virtual private network (VPN), MPLS provides a reliable routing technique and speeds up a connection since each router does not need to perform an internet protocol (IP) lookup. As a result, managed MPLS finds extensive applications across the healthcare, telecommunication, and banking, financial services, and insurance (BFSI) industries.

Managed MPLS Market Trends:

Significant growth in the information technology (IT) and telecommunication industry across the globe is creating a positive outlook for the market. In line with this, the increasing smartphone penetration and the growing number of internet-enabled devices are favoring the market growth. Managed MPLS directs data from one network node to the next using labels instead of long network IP addresses, avoiding complex lookups in a routing table. Additionally, the rising need for secure communications across diverse business units and good data management has increased the usage of MPLS networks, which is acting as another growth-inducing factor. Apart from this, the widespread adoption of MPLS to boost data security on cloud storage, owing to the transition from conventional workplace methods to work-from-home scenarios during the COVID-19 pandemic, is providing an impetus to the market growth. Moreover, the growing demand for high-quality service for video conferencing and voice-over-internet protocol (VoIP) is positively influencing the market growth. Besides this, increasing data breaches and attacks in the BFSI industry, extensive research and development (R&D) activities, and the increasing need for secure connectivity and effective means of data management among businesses are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global managed MPLS market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service and end user.

Breakup by Service:

  • Level 3 VPN
  • Level 2 VPN
     

Breakup by End User:

  • IT and Telecommunication
  • Healthcare
  • BFSI
  • Retail
  • Manufacturing
  • Government
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., BT Global Services Limited (BT Group plc), Cisco Systems Inc., Lumen Technologies Inc., Nippon Telegraph and Telephone Corporation, Orange S.A., Syringa Networks LLC, T-Mobile US Inc. (Deutsche Telekom AG), Verizon Communications Inc. and Vodafone Group Plc. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
    Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Service, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AT&T Inc., BT Global Services Limited (BT Group plc), Cisco Systems Inc., Lumen Technologies Inc., Nippon Telegraph and Telephone Corporation, Orange S.A., Syringa Networks LLC, T-Mobile US Inc. (Deutsche Telekom AG), Verizon Communications Inc. and Vodafone Group Plc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global managed MPLS market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global managed MPLS market?
  • What are the key regional markets?
  • What is the breakup of the market based on the service?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global managed MPLS market and who are the key players?
  • What is the degree of competition in the industry?
     

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the managed MPLS market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global managed MPLS market.
  • The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the managed MPLS industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and  provides an insight into the current positions of key players in the market.

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Managed MPLS Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Service
    6.1    Level 3 VPN
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Level 2 VPN
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End User
    7.1    IT and Telecommunication
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Healthcare
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    BFSI
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Retail
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Manufacturing
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Government
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    AT&T Inc.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    BT Global Services Limited (BT Group plc)
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 SWOT Analysis
        13.3.3    Cisco Systems Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    Lumen Technologies Inc.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    Nippon Telegraph and Telephone Corporation
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 Financials
           13.3.5.4 SWOT Analysis
        13.3.6    Orange S.A.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Syringa Networks LLC
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    T-Mobile US Inc. (Deutsche Telekom AG)
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    Verizon Communications Inc.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis
        13.3.10    Vodafone Group Plc
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
           13.3.10.3 Financials
           13.3.10.4 SWOT Analysis
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report

List of Figures

Figure 1: Global: Managed MPLS Market: Major Drivers and Challenges
Figure 2: Global: Managed MPLS Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Managed MPLS Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Managed MPLS Market: Breakup by Service (in %), 2022
Figure 5: Global: Managed MPLS Market: Breakup by End User (in %), 2022
Figure 6: Global: Managed MPLS Market: Breakup by Region (in %), 2022
Figure 7: Global: Managed MPLS (Level 3 VPN) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Managed MPLS (Level 3 VPN) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Managed MPLS (Level 2 VPN) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Managed MPLS (Level 2 VPN) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Managed MPLS (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Managed MPLS (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Managed MPLS (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Managed MPLS (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Managed MPLS (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Managed MPLS (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Managed MPLS (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Managed MPLS (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Managed MPLS (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Managed MPLS (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Managed MPLS (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Managed MPLS (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Managed MPLS (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Managed MPLS (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: United States: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: United States: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Canada: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Canada: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia-Pacific: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia-Pacific: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: China: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: China: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Japan: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Japan: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: India: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: India: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: South Korea: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: South Korea: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Australia: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Australia: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Indonesia: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Indonesia: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Others: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Others: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Europe: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Europe: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Germany: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Germany: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: France: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: France: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: United Kingdom: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: United Kingdom: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Italy: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Italy: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Spain: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Spain: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Russia: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Russia: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Latin America: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Latin America: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Brazil: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Brazil: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Mexico: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Mexico: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Middle East and Africa: Managed MPLS Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Middle East and Africa: Managed MPLS Market: Breakup by Country (in %), 2022
Figure 73: Middle East and Africa: Managed MPLS Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Global: Managed MPLS Industry: SWOT Analysis
Figure 75: Global: Managed MPLS Industry: Value Chain Analysis
Figure 76: Global: Managed MPLS Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Managed MPLS Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Managed MPLS Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 3: Global: Managed MPLS Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 4: Global: Managed MPLS Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Managed MPLS Market: Competitive Structure
Table 6: Global: Managed MPLS Market: Key Players


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