Global Outlook Report - Managed Services

Global Outlook Report - Managed Services

Summary

The global managed services market research report provides an executive-level overview of the current managed services market worldwide, with detailed forecasts of key indicators up to 2027. Published annually, the global managed services market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key managed services market trends as well as the technological developments that are shaping the managed services landscape.

The global outlook report provides information and insights into global managed services market

• The primary finding from GlobalData's view of revenue opportunities in the managed services market through to 2027, highlighting the market size and growth by product/service, by region, by vertical and by size band.
• The latest trends impacting the managed services market.
• The market drivers that will facilitate the growth of managed services market.
• The market challenges/inhibitors that may hinder the pervasive adoption of managed services.
• The overview of top ICT vendors in the managed services market.

Scope

• The global managed services market size was pegged at $789.3 billion in 2022. The market is expected to grow at a CAGR of more than 13% during the forecast period (2022-2027). Growing complexity of managing IT infrastructure within organizations creates a strong business case for enterprises to engage managed IT services. The rising cost of provisioning, operating and managing IT infrastructure is also driving enterprises to adopt managed IT services model.
• According to GlobalData, managed services market would see majority share of its revenue come from SaaS segment over the forecast period. Revenue from SaaS segment reached $251.8 billion in 2022 and is set to grow up to $563.4 billion in 2027 at a CAGR of 17.5%.
• BFSI is the leading end-use vertical segment for managed services, in terms of revenue contribution, and will remain so over the forecast period.
• North America is the leading regional market with revenue pegged at $258.7 billion for 2022 and set to grow up to $435.6 billion by 2027 at a CAGR of 11% durig the forecast period 2022-2027.

Reasons to Buy

This Global Outlook Report provides a comprehensive assessment of the managed services market. It helps the reader to understand the managed services market landscape, the recent trends, drivers, and challenges/inhibitors shaping the managed services market.

• The report is exhaustive and up-to-date providing market opportunity forecasts in the managed services market from 2022 to 2027, spanning technology segments (services), six regions, 22 verticals, and two size bands.
• The report provides an assessment of managed services vendors.
• The report also discusses the opportunities and recommendations for vendors.