Market Overview:
The global MPLS WAN services market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automated machines, video conferencing, and other applications across different regions. Additionally, the growing need for secure and reliable communication networks is also contributing to the growth of this market.
Product Definition:
MPLS WAN services provide a way for businesses to connect multiple locations together over a Wide Area Network (WAN) without the need for leased lines. MPLS is often used by businesses as it can offer more reliability, performance and security than traditional WAN technologies such as Frame Relay and ATM.
Layer 2:
Layer 2 is a technology that enables the transmission of data in the form of electrical signals between network devices. It also provides error detection and correction functionality. Data is sent from one device to another by using layer 2 technologies, which include Ethernet and Synchronous Optical Network (SONET). The primary function performed by layer 2 technology is to provide switched architecture with circuit-switched service.
Layer 3:
Layer 3 is the third generation of IP based on IANA-IANA protocol numbering system. It is a networking technology that provides functionality similar to what Ethernet does for link layer and TCP/IP does for the transport layer in a multi-protocol network. The major difference between Layer 3 and Layer 2 technologies is that with layer 2, there's only one path from the source to destination whereas with layer 3, there are multiple paths from source to destination depending upon traffic conditions.
Application Insights:
The others segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for video-conferencing applications, which require low-latency and high bandwidth connectivity. MPLS WAN services are widely used for video conferencing as it offers a cost-effective solution with enhanced quality of service (QoS). The use of these services eliminates the need for additional leased lines or expensive dedicated circuits, thereby driving their adoption across corporate networks.
Automated machines segment is expected to register a notable CAGR over the forecast period owing to growing demand from industrial automation systems and consumer electronics products such as set top boxes (STB), digital televisions (DTV) and smartwatches. These devices require highly reliable connectivity solutions that offer high data transmission speeds while maintaining network efficiency.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for advanced technologies and increasing number of small & medium enterprises (SMEs). Asia Pacific is projected to be the fastest-growing regional market over the forecast years on account of rising penetration of MPLS WAN solutions in large enterprises as well as rapid growth of SMEs. Moreover, increasing use cases such as automated machines, video conferencing and others are further driving growth across this region.
The Latin American regional market also presents significant opportunities due to increase in adoption rate for emerging technologies such as IoT/M2M and AI among other things which can improve business operations & efficiency along with reducing costs associated with traditional methods used for communication purposes.
Growth Factors:
- Increasing demand for bandwidth-intensive applications such as video streaming and online gaming is expected to drive the MPLS WAN services market growth.
- The increasing number of small and medium-sized businesses (SMBs) that are looking to outsource their networking requirements is also anticipated to fuel market growth.
- Rapid urbanization and the consequent increase in data center deployments are also expected to contribute significantly to market growth over the forecast period.
- The growing trend of BYOD (Bring Your Own Device) is anticipated to create a high demand for MPLS WAN services, as it offers enhanced security and performance compared with other networking solutions available in the market today. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
MPLS WAN Services Market Research Report
By Type
Layer 2, Layer 3
By Application
Automated Machines, Video Conferencing, Others
By Companies
AT&T, Verizon Communication, Inc., BT Global Services(BT Group plc), Orange Business Services(Orange), T-Mobile, Lumen Technologies, Telstra International Limited(Telstra), Telefónica, Aptum, Cox Communications, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global MPLS WAN Services Market Report Segments:
The global MPLS WAN Services market is segmented on the basis of:
Types
Layer 2, Layer 3
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automated Machines, Video Conferencing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AT&T
- Verizon Communication, Inc.
- BT Global Services(BT Group plc)
- Orange Business Services(Orange)
- T-Mobile
- Lumen Technologies
- Telstra International Limited(Telstra)
- Telefónica
- Aptum
- Cox Communications, Inc.
Highlights of The MPLS WAN Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Layer 2
- Layer 3
- By Application:
- Automated Machines
- Video Conferencing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MPLS WAN Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MPLS WAN services are a type of broadband network that enables the transport of voice, video, and data over an IP-based network. MPLS WAN services use dedicated fiber optic lines to connect remote sites and provide high-speed connectivity.
Some of the key players operating in the mpls wan services market are AT&T, Verizon Communication, Inc., BT Global Services(BT Group plc), Orange Business Services(Orange), T-Mobile, Lumen Technologies, Telstra International Limited(Telstra), Telef³nica, Aptum, Cox Communications, Inc..
The mpls wan services market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MPLS WAN Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 MPLS WAN Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MPLS WAN Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the MPLS WAN Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global MPLS WAN Services Market Size & Forecast, 2020-2028
4.5.1 MPLS WAN Services Market Size and Y-o-Y Growth
4.5.2 MPLS WAN Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Layer 2
5.2.2 Layer 3
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automated Machines
6.2.2 Video Conferencing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MPLS WAN Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MPLS WAN Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Layer 2
9.6.2 Layer 3
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automated Machines
9.10.2 Video Conferencing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Layer 2
10.6.2 Layer 3
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automated Machines
10.10.2 Video Conferencing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Layer 2
11.6.2 Layer 3
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automated Machines
11.10.2 Video Conferencing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Layer 2
12.6.2 Layer 3
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automated Machines
12.10.2 Video Conferencing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Layer 2
13.6.2 Layer 3
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automated Machines
13.10.2 Video Conferencing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MPLS WAN Services Market: Competitive Dashboard
14.2 Global MPLS WAN Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AT&T
14.3.2 Verizon Communication, Inc.
14.3.3 BT Global Services(BT Group plc)
14.3.4 Orange Business Services(Orange)
14.3.5 T-Mobile
14.3.6 Lumen Technologies
14.3.7 Telstra International Limited(Telstra)
14.3.8 Telefónica
14.3.9 Aptum
14.3.10 Cox Communications, Inc.
