Europe Cloud Managed Networking Market to Reach USD 2,929.6 Million by 2027; Adoption of Edge Computing Technologies to Aid Growth: Fortune Business Insights™

Key Companies Covered in Europe Cloud Managed Networking Market are Aruba (Hewlett Packard Enterprise Company) (California, United States), NETGEAR, Inc. (California, United States), Cisco System, Inc. (California, United States), Prodec Networks (Twyford, Berkshire), APSU, Inc. (Chattanooga, Tennessee), Fortinet, Inc. (California, United States), Mindsight (Illinois, United States), Total Communications, Inc. (Connecticut, United States), Huawei Technologies Co., Ltd. (Shenzhen, China), DynTek, Inc. (California, United States), Extreme Networks, Inc. (California, United States), CommScope, Inc. (North Carolina, United States).

Pune INDIA


Pune, Dec. 08, 2020 (GLOBE NEWSWIRE) -- The Europe cloud managed networking market is set to gain momentum from the rising usage of multi-domain control, Wi-Fi 6, SD-WAN, and edge computing technologies. This information is given by Fortune Business Insights™ in a new report, titled, “Europe Cloud Managed Networking Market Size, Share & COVID-19 Impact Analysis, By Type (Hardware, Software and Cloud Services), By Deployment (Public Cloud and Private Cloud), By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises), By Industry (Telecom & IT, Retail, Media & Entertainment, Educational Institutions and Others) and Country Forecast, 2020-2027.” The report further states that the Europe cloud managed networking market size was USD 839.5 million in 2019 and is projected to reach USD 2,929.6 million by 2027, exhibiting a CAGR of 18.0% during the forecast period.

Click here to get the short-term and long-term impact of COVID-19 on this market.


Please visit: https://www.fortunebusinessinsights.com/europe-cloud-managed-networking-market-104393


COVID-19 Pandemic to Decline Growth Backed by Lay-offs in Private and Public Sector

The COVID-19 pandemic has impacted the market for cloud-managed networking in Europe positively during the first quarter of 2020. Network solutions experienced high demand during that particular period because of the slowdown of the IT industry. But, lay-offs in the private and public sector, currency depreciation, delay in supply chains, and oil price changes may decline growth of around 0.1% - 0.2% in the technology sector in Europe. We are delivering special research reports to help you gain more insights into the current situation.

How Did We Create This Report?

We have conducted thorough primary and secondary research to gather details of various aspects of the market. We have also conducted interviews with key stakeholders, such as marketing managers, sales managers, product managers, and C-level executives to derive insights, namely, application pattern, average pricing, raw material supply & demand, and growth rate. Besides, we relied on reliable paid databases, relevant associations, investor presentations, industry journals, and annual reports to deliver our clients elaborate information about value and supply chain analysis, revenues, restraints, opportunities, and trends.


Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/europe-cloud-managed-networking-market-104393


Drivers & Restraints-

Rising Need to Manage Network Infrastructure Efficiently to Favor Growth

The rising complexity and scope of data traffic is creating an urgent demand for cloud managed networking solutions to manage and streamline the network infrastructure. Software defined network (SDN) solutions provide flexible traffic management to enhance the efficiency of the network infrastructure. These factors are set to propel the Europe cloud managed networking market growth in the near future. However, the lack of awareness about cloud managed networking solutions in rural areas of Europe may obstruct growth.

Segment-

High Demand from SMEs & Startups to Drive Growth of Software Segment

Based on type, the software segment earned 32.3% in terms of the Europe cloud managed networking market share in 2019. This growth is attributable to the high demand for software-defined networking (SDN) solutions among SMEs and startups.


Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/europe-cloud-managed-networking-market-104393


Regional Analysis-

Germany to Remain at the Forefront Stoked by Development of Advanced IT Units

Geographically, Germany held USD 148.3 million in terms of revenue in 2019. Most of the enterprises or end-users present in the country are shifting rapidly towards the development of unique IT units equipped with cloud platforms. France, on the other hand, is set to showcase a significant CAGR in the near future on account of the high demand for cloud computing from numerous industries, such as media & entertainment, government, BFSI, and IT & telecom. 

Competitive Landscape-

Key Players Focus on New Product Launches & Acquisitions to Gain a Competitive Edge

The market for cloud managed networking in Europe houses a large number of companies that are mainly trying to gain a competitive edge by launching state-of-the-art solutions. Some of the others are focusing on the acquisition strategy to strengthen their positions. Below are the two latest industry developments:

  • June 2020: CommScope introduced an AI-enabled network management as-a-service platform named RUCKUS Cloud to help managed service providers (MSPs) and enterprises manage a converged wireless and wired network.
  • November 2018: CommScope acquired ARRIS International plc worth USD 7.4 billion to accelerate profitable growth in markets. It would also bring greater technology, employee talent, solutions, and additional values for providing better customer service.

List Of Key Companies Profiled in Europe Cloud Managed Networking Market Are:

  • Aruba (Hewlett Packard Enterprise Company) (California, United States)
  • NETGEAR, Inc. (California, United States)
  • Cisco System, Inc. (California, United States)
  • Prodec Networks (Twyford, Berkshire)
  • APSU, Inc. (Chattanooga, Tennessee)
  • Fortinet, Inc. (California, United States)
  • Mindsight (Illinois, United States)
  • Total Communications, Inc. (Connecticut, United States)
  • Huawei Technologies Co., Ltd. (Shenzhen, China)
  • DynTek, Inc. (California, United States)
  • Extreme Networks, Inc. (California, United States)
  • CommScope, Inc. (North Carolina, United States)


Quick Buy – Europe Cloud Managed Networking Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/104393


Detailed Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Executive Summary
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
    • Porter’s Five Force Analysis
    • Europe Cloud Managed Networking Market Share Analysis and Matrix, 2019
  • Key Market Insights and Analysis, By Segments
  • Europe Cloud Managed Networking Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
    • By Type (Value)
      • Hardware
      • Software
      • Cloud Services
    • By Deployment (Value)
      • Public Cloud
      • Private Cloud
    • By Enterprise Size (Value)
      • Small and Medium Enterprises (SMEs)
      • Large Enterprises
    • By Industry (Value)
      • Telecom & IT
      • Retail
      • Media & Entertainment
      • Educational Institutions
      • Others (Government, etc.)
    • By Country (Value)
      • Germany
      • France
      • Italy
      • Spain
      • Switzerland
      • Benelux (Belgium, The Netherlands and Luxembourg)
      • Rest of Europe

TOC Continued..


Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/europe-cloud-managed-networking-market-104393


Have a Look at Related Research Insights:


Customer Experience Management Market Size, Share & Industry Analysis, By Component (Solution, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By Touchpoint (Telephone, Email, Web, Social Media, and Others), By End-User (BFSI, Retail, IT and Telecommunications, Healthcare, Manufacturing, Government, Travel and Transportation and Others) and Regional Forecast, 2019-2026

Customer Data Platform Market Size, Share & COVID-19 Impact Analysis, By Component (Platform and Services), By Deployment (Cloud, On-premises), By Type (Access, Analytics, and Campaign) By Industry (Banking, Financial Services and Insurance (BFSI), Retail and ecommerce, Information Technology (IT) and Telecom, Media and Entertainment, Travel and Hospitality, Healthcare, and Others (Government and Education)), and Regional Forecast, 2020-2027

Professional Service Automation Software Market Size, Share & Industry Analysis, By Application (Consulting Firms, Marketing and Communication Firms, IT Firms, Architecture and Construction Firms, Research Firms, Accounting Firms, Others), By Deployment Type (Cloud, On-premise) and Regional Forecast, 2019-2026

Artificial Intelligence (AI) Market Size, Share and Industry Analysis By Component (Hardware, Software, Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, Others), By Industry Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecom, Government, Others) and Regional Forecast, 2019-2026

Digital Payment Market Size, Share & Industry Analysis, By Payment Type (Mobile Payment, Online Banking, Point of Sale, Digital Wallet), By Industry (Media & Entertainment, Retail, BFSI, Automotive, Medical & Healthcare, Transportation, Consumer Electronics, Others), and Regional Forecast, 2019-2026


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs