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Technology / AI and automation

MANAGED DATA NETWORKS LEAD THE WAY IN EUROPE, DATAMONITOR REPORT FINDS

A report on the European Telecommunications Managed Network Services industry finds that such services currently account for 16% of the $8,000m European Value Added Network Services market. The report, ‘Managed Network Services’, from London consultancy Datamonitor Ltd, also finds that the most important segment of the market is Managed Data Network Services, which is estimated to generate $685m in Europe this year. By 1997, this is forecast to rise to $2,175m, an annual average rise of 34%. France and the UK are the most important markets at the moment, says the consultancy, a result of the activities of operators such as Transpac SA and AT&T Istel Ltd, but in coming years the growing acceptance of Managed Networks as a network management function is likely to balance demand across Europe. Germany is particularly likely to see large rises in usage of the service, with growth rates of above 40% forecast over the next four years. But the largest potential market is for corporate telecommunications facilities management; although 1993 revenues are anticipated to be only $175m – due to companies’ hesitancy to entrust network operations to a third-party – they could hit $11,700m should all of Europe’s top 2,000 companies outsource their networking requirements. Currently, the largest segment of the market is that of banking at 16.1%.

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CBR Staff Writer

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