Europe Cloud Managed Networking Market Size, Share, Regional Growth, 2026-2034
- jhon smith
- Apr 14
- 4 min read
Market OverviewAccording to fortune business insights, the Europe cloud managed networking market size was valued at USD 839.5 million in 2019. The market is projected to reach USD 2,929.6 million by 2027, exhibiting a CAGR of 18.0% during the forecast period. Germany dominated the European market in 2019.The analysis shows that companies are investing more in cloud managed networking because organizations are deploying Software-as-a-Service (SaaS) models to save costs and time. For example, global investment in the SaaS market was around USD 102.06 million in 2019 and is expected to reach USD 140.63 million in 2022. This trend indicates a strong demand for cloud managed networking across Europe.
Major Players Profiled in the Market Report:
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)
SegmentsHardware Segment to Hold Maximum ShareBased on type, the market is divided into hardware, software, and cloud services. The hardware segment holds the largest market share and dominates the market owing to the high usage of hardware and accessories for connecting local area networks (LAN) and wide area networks (WAN).
Private Cloud to Dominate the Market Due to its Adoption in Large EnterprisesBy deployment, the market is categorized into public cloud and private cloud. The private cloud segment is leading the market, attributed to the rising adoption of cloud services and software-defined wide area network (SD-WAN) solutions among large enterprises that require secure and dedicated environments.
Telecom & IT Segment to Dominate the Market Due to High Demand for Cloud ServicesBased on industry, the market is segmented into retail, telecom & IT, educational institutions, media & entertainment, and others. The telecom & IT segment holds the largest market share owing to the increasing demand for cloud services and advanced networking solutions to manage complex infrastructures within the industry.
Report CoverageThe report offers:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into regional developments.
List of major industry players.
Key strategies adopted by the market players.
The latest industry developments include product launches, partnerships, mergers, and acquisitions.
Drivers & RestraintsIncreasing Adoption of Software Defined Network Solutions to Propel Market GrowthThe rapid growth in data traffic complexity has raised the demand for solutions to efficiently manage network infrastructure. Software-defined network (SDN) solutions offer flexible traffic management and improve network efficiency. According to Cisco, around 58% of major organizations have adopted SD-WAN, with many more planning to implement it, boosting the cloud managed networking market growth.However, a lack of awareness about cloud managed networking solutions and rising security concerns among some end-users, especially in areas with low IT penetration, may hamper market growth.
Regional InsightsShift Towards Advanced IT in Germany Propels Market GrowthGermany holds the dominant cloud managed networking market share within Europe and is projected to experience growth during the forecast period. The country's growth is attributed to the fact that enterprises are shifting their focus towards developing advanced IT units enabled with cloud platforms, driving demand for managed networking hardware and services.
France is one of the fastest-growing countries in the market. The growth is attributed to the rising demand for cloud computing across industries such as IT & telecom, BFSI, government, and media & entertainment.
Europe Cloud Managed Networking Market Future Growth:The cloud managed networking market in Europe is experiencing robust growth, fueled by rising investment in cloud computing, the increasing adoption of software-defined networks (SDN), and a strong shift toward SaaS-based models that offer cost and time savings. Today's enterprises are increasingly drawn to solutions that provide flexibility, reliability, and better operability. Additionally, there's a growing interest in emerging technologies such as Wi-Fi 6 and edge computing. The rapid expansion of cloud adoption in both large enterprises and SMEs is also a key growth driver. While Germany continues to dominate the market, France is seeing a surge in demand, driven by broad cloud adoption across multiple industries.
Competitive LandscapeMarket Players Focus on Advanced Networking Services to Intensify CompetitionThe market features prominent players like Cisco (Meraki), Aruba (HPE), and Extreme Networks. These leading companies are accelerating growth through strategic initiatives such as launching advanced networking services, applying technologies like machine learning and AI, and pursuing mergers and acquisitions. For instance, Cisco acquired ThousandEyes to integrate its internet and cloud intelligence capabilities, strengthening its core enterprise and cloud networking services.
Key Industry Development
June 2020: CommScope launched RUCKUS Cloud, a network management-as-a-service platform enabled with artificial intelligence (AI), to help enterprises and managed service providers (MSPs) manage converged wired and wireless networks.
December 2019: Juniper Networks, a provider of SD-WAN, enhanced its offerings with LAN support and software-defined networking (SDN) products and services to strengthen its portfolio.
Comments