Kings Research today announced the release of its latest market intelligence study, “Global Managed MPLS Market: Size, Share, Trends & Forecast 2024–2031.” The report offers a comprehensive analysis of the market’s trajectory, including detailed forecasts, growth drivers, competitive dynamics, and regional trends.
According to Kings Research, the global managed MPLS market was valued at USD 60.12 billion in 2023 and is projected to grow from USD 62.71 billion in 2024 to USD 93.18 billion by 2031, growing at a CAGR of 5.82% during the forecast period. This growth is driven by enterprises’ increasing reliance on secure, scalable network infrastructure to support cloud computing, IoT, and digital transformation initiatives.
Managed MPLS (Multiprotocol Label Switching) is a high-performance network technology that prioritizes the efficient delivery of data over enterprise networks. Managed MPLS solutions offer end-to-end service management, ensuring secure, reliable connectivity across geographically dispersed sites. They are essential for businesses seeking low-latency connections, advanced security, and consistent performance for cloud applications, unified communications, and business-critical operations.
A major factor fueling the growth of the managed MPLS market is supportive government initiatives to promote a digitally empowered society and knowledge economy. For example, the Digital India initiative has significantly expanded internet connectivity and infrastructure, boosting demand for reliable networking solutions like Managed MPLS.
As of April 2024, 95.15% of villages in India have 3G/4G access, with internet subscribers growing from 251.59 million in 2014 to 954.40 million in 2024 (Source: https://www.pib.gov.in/). Broadband connections rose from 6.1 crore in 2014 to 94.92 crore in August 2024, while the BharatNet project continues to expand high-speed connectivity to rural areas, collectively driving the growth of Managed MPLS adoption.
Kings Research identifies the following growth accelerators:
- Cloud Integration and Hybrid Networking:
Businesses are increasingly adopting hybrid network models, integrating MPLS with SD-WAN to enhance flexibility and reduce costs. Over 94% of companies with more than 1,000 workers use the cloud for a significant amount of their workloads (Source: https://www.mindinventory.com/).
- Enhanced Network Security:
The surge in cyber threats is driving demand for secure managed MPLS services, with enterprises preferring providers that offer integrated security solutions. Data breaches are the outcome of 21% of cloud incidents, and up to 61% of businesses encounter at least one cloud attack annually (Source: https://www.vikingcloud.com/blog/cybersecurity-statistics).
- IoT Expansion and Data Traffic Growth
Managed MPLS networks are critical for IoT deployment and data traffic management. According to some reports, worldwide spending on the Internet of Things (IoT) reached $805.7 billion in 2023, an increase of 10.6% over 2022.
- Regional Expansion
North America holds the largest market share due to advanced telecom infrastructure and early adoption of managed MPLS. Asia-Pacific is the fastest-growing region, driven by expanding enterprise networks and increased cloud adoption. Countries such as India, China, and Japan are key contributors.
For decision makers—CIOs, CTOs, network managers—the managed MPLS market presents substantial benefits:
- Reliability & Performance: Guaranteed service levels and consistent network performance.
- Scalability: Easily accommodates network expansion and increased bandwidth needs.
- Security: Integrated security protocols reduce cyber risks.
- Operational Efficiency: Outsourcing network management lowers costs and complexity.
- Innovation Enablement: Supports emerging technologies such as AI, IoT, and 5G.
Regional Outlook
- North America: The region remains the largest Managed MPLS market, driven by high enterprise cloud adoption, stringent security requirements, and established telecom infrastructure. Providers such as AT&T, Cisco Systems, and Verizon dominate the market.
- Asia-Pacific: The fastest-growing region, projected to achieve over 7% CAGR through 2031. Growth is fueled by digital transformation initiatives, expanding enterprise networks, and increased SME adoption of managed services. Countries such as India, China, and Japan are key contributors.
Competitive Landscape
Key players are expanding their offerings through partnerships, acquisitions, and technological innovations. Prominent companies include Amatis Networks, AT&T Intellectual Property, BT Global Services Ltd, CenturyLink, Inc., Cisco Systems, Inc., NTT Global Networks, Orange Business, Syringa Networks, Verizon, and Vodafone Limited.
The full Kings Research report offers detailed segmentation by type, application, deployment, and geography, along with competitive benchmarking. To request a sample, access the full report, or explore tailored consulting services, please visit https://www.kingsresearch.com/managed-mpls-market-842.
About Kings Research:
Kings Research is a global provider of syndicated research reports and consulting services, helping organizations navigate emerging markets, assess opportunities, and make informed business decisions.
All market data are sourced from Kings Research proprietary analysis, validated against public releases and credible industry sources. Examples cited include the U.S. Department of Commerce and Cybersecurity & Infrastructure Security Agency (CISA).