Market Forecast By Type (Managed LAN, Managed WAN, Managed Wi-Fi, Managed Network Security, Other Services), By Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), By End User (BFSI, IT and Telecom, Healthcare and Pharmaceutical, Retail, Manufacturing, Education, Others) And Competitive Landscape
Product Code: ETC6359112 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 66 | No. of Figures: 24 | No. of Tables: 4 | |
Belgium Network Managed Services Market Report thoroughly covers the market By Type, By Organisation Type and By End Users. Belgium Network Managed Services Market Outlook report provides an unbiased and detailed analysis of the ongoing Belgium Network Managed Services Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The Belgium Network Managed Services Market is set for substantial growth, driven by the increase in demand for effective security solutions and the digitalization of public sector services. Belgium witnessed 79 ransomware cases in the first three quarters of 2023. This factor has driven the demand for managed network services, which offer centralized data protection, cybersecurity, and disaster recovery solutions. Furthermore, there has been notable digital transformation in public sector services in Belgium, driven by the Digitalization of Federal Public Services. Digital transformation to expedite the digitalization of various federal administration services, both internally and in their interactions with citizens, further fueling the expansion of the market.
According to 6Wresearch, the Belgium Network Managed Services Market size is projected to grow at a CAGR of 8.2% during 2025-2031. The Belgium Network Managed Service market is set for strong growth, driven by the expansion of the information, communication, and technology sector. This expansion is largely driven by growing digitalization, government investments in IT infrastructure, and the rapid adoption of new technologies. The Digital Belgium plan, which aims to provide high-speed internet to all areas by 2025 and expand 5G and fiber broadband networks, increases the need for managed network service providers. As high-speed internet infrastructure expands, it will significantly drive fiber networks, manage increased data traffic, maintain security standards, and optimize overall network performance. Additionally, the insurance sector in Belgium has experienced growth, with life insurance premium income and health insurance premium income. Artificial Intelligence is being increasingly used in the sector for predictive analysis, sales process automation, fraud detection, and more. This greater adoption of AI in insurance will drive the growth of the managed network service market, as AI technologies generate vast data volumes and require secure, seamless, and high-performance cloud connectivity.
By 2031, Managed Cloud Networking Services are expected to experience the highest growth rate in Belgium’s Network Managed Services market, driven by the increasing adoption of cloud computing, digital transformation, and the shift to hybrid work models. The growing use of cloud-based applications and the need for secure, scalable networks would drive more demand for cloud networking solutions. Additionally, advancements in 5G, IoT, and data security concerns, along with Belgium's strong focus on digitalization, would contribute to the rapid growth of cloud networking services in the country.
By 2031, SMEs are expected to experience the highest growth rate in Belgium’s Network Managed Services market, driven by their increasing adoption of digital transformation, the need for scalable and cost-effective IT solutions, and rising concerns over cybersecurity. Additionally, government policies supporting digital innovation and SMEs' need for regulatory compliance are expected to accelerate the uptake of managed services, helping businesses optimize operations while focusing on core activities.
By 2031, the Health & Pharmaceutical sector is expected to hold the highest growth rate in Belgium’s Managed Service Market, driven by the increasing adoption of digital health solutions, cloud-based healthcare systems, and AI-powered diagnostics. Additionally, the rapid expansion of telemedicine, IoT-enabled medical devices, and pharmaceutical R&D would fuel the reliance on managed IT, cybersecurity, and network solutions, ensuring efficiency, scalability, and enhanced patient care.
Thereportprovides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Methodology |
2.5 Assumptions |
3. Belgium Network Managed Services MarketOverview |
3.1 Belgium Network Managed Services Market Demand Revenues, 2021 – 2031F |
3.2 Belgium Network Managed Services Market Industry Life Cycle |
3.3 Belgium Network Managed Services Market Porter’s Five Forces |
4. Belgium Network Managed Services MarketDynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Belgium Network Managed Services Market Evolution & Trends |
6. Belgium Network Managed Services Market Overview, By Type |
6.1 Belgium Network Managed Services Market Revenue Share and Revenues, By Type, 2021-2031F |
6.1.1 Belgium Network Managed Services Market Revenues, By Managed LAN Services, 2021-2031F |
6.1.2 Belgium Network Managed Services Market Revenues, By Managed WAN Services, 2021-2031F |
6.1.3 Belgium Network Managed Services Market Revenues, By Managed Wi-Fi Services, 2021-2031F |
6.1.4 Belgium Network Managed Services Market Revenues, By Managed Network Security Services, 2021-2031F |
6.1.5 Belgium Network Managed Services Market Revenues, By Managed Cloud Networking Services, 2021-2031F |
6.1.6 Belgium Network Managed Services Market Revenues, By Managed Data Center Services, 2021-2031F |
6.1.7 Belgium Network Managed Services Market Revenues, By Others, 2021-2031F |
7. Belgium Network Managed Services Market Overview, By Organisation Type |
7.1 Belgium Network Managed Services Market Revenue Share and Revenues, By Organisation Type, 2021-2031F |
7.1.1 Belgium Network Managed Services Market Revenues, By Large Enetrprises, 2021-2031F |
7.1.2 Belgium Network Managed Services Market Revenues, By Small Medium Enterprises (SMEs), 2021-2031F |
8. Belgium Network Managed Services Market Overview, By End Users |
8.1 Belgium Network Managed Services Market Revenue Share and Revenues, By End Users, 2021-2031F |
8.1.1 Belgium Network Managed Services Market Revenues, By Banking, IT & Telecom, 2021-2031F |
8.1.2 Belgium Network Managed Services Market Revenues, By Banking, Financial Services & Insurance Sector, 2021-2031F |
8.1.3 Belgium Network Managed Services Market Revenues, By Health & Pharmaceutical, 2021-2031F |
8.1.4 Belgium Network Managed Services Market Revenues, By Retail, 2021-2031F |
8.1.5 Belgium Network Managed Services Market Revenues, By Manufacturing, 2021-2031F |
8.1.6 Belgium Network Managed Services Market Revenues, By Education, 2021-2031F |
8.1.7 Belgium Network Managed Services Market Revenues, By Others, 2021-2031F |
9. Belgium Network Managed Services Market Key Performance Indicators |
10. Belgium Network Managed Services Market Opportunity Assessment |
10.1 Belgium Network Managed Services Market Opportunity Assessment, By Type, 2031F |
10.2 Belgium Network Managed Services Market Opportunity Assessment, By Organisation Type, 2031F |
10.2 Belgium Network Managed Services Market Opportunity Assessment, By End Users, 2031F |
11. Belgium Network Managed Services Market Competitive Landscape |
11.1 Belgium Network Managed Services Market Revenue Ranking, By Companies, 2024 |
11.2 Belgium Network Managed Services Market Competitive Benchmarking, By Technical Parameters |
11.3 Belgium Network Managed Services Market Competitive Benchmarking, By Operating Parameters |
12. Company Profile |
12.1 IBM |
12.2 NTT DATA Spain and Affiliates |
12.3 HCL Technologies Ltd |
12.4 Accenture |
12.5 AT & T Business |
12.6 Nomios |
12.7 EASI |
12.8 Proximus Group |
12.9 Hewlett Packard Enterprise Development LP |
12.10 Verizon Communication |
13. Key Strategic Recommendations |
14. Disclaimer |
List of Figures |
1. Belgium Network Managed Services Market Revenues, 2021-2031F ($ Million) |
2. Belgium Ransomware Attacks January-September 2023 |
3. Belgium Cyber Security Market 2021-2025E (in USD Billion) |
4. Belgium Spear Warning Received in 2023 |
5. Belgium Digitalization Rate of E-health Services 2022-2028F (%) |
6. Belgium Digitalization Rate of Public Sector Services 2022-2030F (%) |
7. Belgium Citizen Interaction With Government Agencies Via Internet 2023 |
8. Belgium Region Wise Shortage of Job in ICT Sector 2022 (%) |
9. Belgium Skilled Professional Shortage 2020-2023 (%) |
10. Belgium Sector Wise Skilled Professional Shortage 2020-2023 (%) |
11. Belgium Network Managed Services Market Revenue Share, By Type, 2024 & 2031F |
12. Belgium Network Managed Services Market Revenue Share, By Organisation Type, 2024 & 2031F |
13. Belgium Network Managed Services Market Revenue Share, By End Users, 2024 & 2031F |
14. Belgium Small & Medium Enterprises with Digital Intensity 2019-2022 (%) |
15. Belgium Digital Sector Growth 2023 & 2024 (%) |
16. Belgium Financial Sector Overview 2023 |
17. Belgium Banks Balance Sheet Total 2020-2023 in USD Billion |
18. Belgium Insurance Companies Balance Sheet Total 2020-2023 in USD Billion |
19. Belgium Network Managed Services Market Opportunity Assessment, By Type, 2031F |
20. Belgium Network Managed Services Market Opportunity Assessment, By Organisation Type, 2031F |
21. Belgium Network Managed Services Market Opportunity Assessment, By End Users, 2030F |
22. Belgium Network Managed Services Market Revenue Ranking, By Companies, 2024 |
23. Belgium SMEs Digitalization Forecast 2025E-2030F |
24. Belgium SMEs Regional Distribution 2023 |
List of Tables |
1. Belgium Network Managed Services Market Revenues, By Type 2024-2031F ($ Million) |
2. Belgium Network Managed Services Market Revenues, By Organisation Type, 2021-2031F ($ Million) |
3. Belgium Network Managed Services Market Revenues, By End Users, 2021-2031F ($Million) |
4. Belgium SMEs Overview 2023 |