DUBLIN--(BUSINESS WIRE)--Aug 29, 2018--The "Global Managed MPLS Market - Segmented by Type of Service (Level 2 VPN, Level 3 VPN), End-user (IT and Telecom, Healthcare, BFSI), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Managed MPLS market is expected to register a CAGR of 7% over the forecast period 2018-2023.

With the growing global expansion of enterprises, there is a need for secure connectivity among their various business units and a means of effective means for data management, which has pushed the adoption of MPLS networks.

Other prominent trends in the market aiding the growth of managed MPLS include increasing BYOD policies, growing adoption of cloud services, such as computing, analytics, and increasing smartphone penetration.

Key Highlights

BFSI Sector to Hold a Major Share of the Market United Kingdom to Hold the Largest Market Share in Europe

Notable Developments in the Market

Du, a UAE based telecom company, has been cooperating with Cisco to build a future proof network, which is supposed to enable the transformation of the telco as digital service provider. Telenor Group and Cisco have signed an agreement to collaborate in the development of IoT Security and Data analytics and smart cities.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Managed MPLC Market Segmentation

6. Competitive Intelligence - Key Vendor Profiles

AT&T Communications Inc. BT Global Services Ltd. Cisco Systems Inc. Century Link Inc. Six Degrees Group Sprint Nextel Corporation Paragon Group Ltd. Syringa Networks LLC Orange Business Services SAS Verizon Communications Inc.

7. Investment Analysis

8. Future Outlook

For more information about this report visit https://www.researchandmarkets.com/research/2jmdrr/global_managed?w=4

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Related Topics:IT Security

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS TELECOMMUNICATIONS SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/29/2018 02:11 PM/DISC: 08/29/2018 02:11 PM

http://www.businesswire.com/news/home/20180829005654/en