What is Managed MPLS Market?
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.
The market study is being classified by Type (Level 2 VPN and Level 3 VPN) and major geographies with country level break-up.
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 profiled in the study.
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Managed MPLS market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Managed MPLS market by Type, Application 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in Mobile Backhaul Networks
- Increased Penetration of Cloud Services
- Higher Costs Associated With MPLS
- Increase in the Demand for Secure Networking among Enterprises
- Use of Machine Learning and Adoption of New Technologies among Enterprises
Market Leaders and some 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 AudienceManaged MPLS Providers, Information Technology (IT) service providers, Cloud Service Providers, Consultants/consultancies/advisory firms, Government Organizations, Research firms and Business Organizations
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