Press release
Managed Services Market to Reach $ 408.97 Billion in 2030
Managed Services Market, Managed Services Market Size, Managed Services Market Share,
Managed Services Market Overview
Increased dependency on technology and applications are driving the Managed Services Market Globally
The rise of the worldwide Managed Services industry is mainly driven by businesses' growing dependence on IT operations and the integration of new applications to enhance efficiency. Through the utilization of the managed services framework, companies can mitigate risks, manage IT costs, and, most importantly, concentrate on their primary functions. This transition not only reduces the expenses linked to maintaining IT services but also improves overall business effectiveness.
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The lack of standardization in Managed Services Market restraints the growth
The managed services market is facing a significant challenge because of the lack of standardization and interoperability. Due to numerous providers offering a variety of services, businesses are finding it difficult to incorporate these solutions into their current IT infrastructures. This is causing compatibility issues between platforms, systems, and applications, resulting in inefficiencies, complexity, and higher costs. The absence of standardized frameworks and protocols is making it difficult for organizations to adopt and implement managed services. Clients are struggling with migrating data, managing workflows, and ensuring smooth communication between different systems, which is hindering the achievement of desired business outcomes.
North America dominated the Global Managed Services Market
In 2023, North America dominated the global Managed Services Market. The economy being highly developed and technologically advanced helps the market grow. The US and Canada sees a large number of enterprises across various industries relying heavily on sophisticated IT infrastructure and services.
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Recent developments
30/09/2024, MEA: Mindware signs VAD partnership with assured data protection in the Middle East
16/09/2024, Tecala and Netskope have broadened their collaboration by joining Netskope's Managed Service Provider (MSP) Program.
Managed Services Market Segmentation
by Service Type
Managed Network Services
Managed Information Services
Managed Security Services
Managed Data Center Services
Managed Mobility Services
Managed IT Infrastructure Services
by Deployment Mode
Cloud
On-Premises
by Organization Size
Small & Medium Enterprises
Large Enterprises
by Vertical
BFSI
Consumer Goods & Retail
Manufacturing
Healthcare & Life Sciences
Media & Entertainment
Telecom & IT
Government & Public
Energy & Utilities
Education
Others
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Managed Services Market Key Players
North America
IBM (Armonk, New York, USA)
Hewlett Packard Enterprise (HPE) (Houston, Texas, USA)
Cisco Systems (San Jose, California, USA)
DXC Technology (Tysons, Virginia, USA)
Rackspace Technology (San Antonio, Texas, USA)
Datapipe (Jersey City, New Jersey, USA)
Deloitte (New York City, New York, USA)
Cognizant (Teaneck, New Jersey, USA)
Europe
Atos (Bezons, France)
Capgemini (Paris, France)
Ericsson (Stockholm, Sweden)
Asia Pacific
Fujitsu (Tokyo, Japan)
NTT Ltd. (Tokyo, Japan)
Wipro Limited (Bengaluru, India)
Infosys (Bengaluru, India)
HCL Technologies (Noida, India)
Tata Consultancy Services (TCS) (Mumbai, India)
Key questions answered in the Managed Services Market are:
What are managed services?
How many MSPs are there in the US and Europe?
Who are vital clients adopting managed services?
Which are the key vendors exploring managed services?
What is the total CAGR expected to be recorded for the managed services market from 2023 to 2030?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-managed-services-market/3559/
Key Offerings:
Past Managed Services Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Managed Services Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Managed Services Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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