Managed Infrastructure Services Market - By Deployment Model (On-premises, Cloud), By Organization Size (SMEs, Large Organization), By End-user (IT & Telecom, BFSI, Healthcare, Government, Retail, Manufacturing), Forecast 2023 - 2032
Managed infrastructure services market size is predicted to observe more than 5% CAGR during 2023 and 2032. The relentless pursuit of digital transformation by enterprises worldwide is fueling the need for robust IT infrastructure management. With the escalating cyber threat landscape, the organizations have realized the importance of advanced security measures and are turning to managed services providers for cutting-edge solutions.
Furthermore, the ongoing trend of remote work amplifies the necessity for scalable and resilient IT infrastructure. As per 2023 study by Forbes, 12.7% of full-time employees are working from home and nearly 28.2% employees are working under a hybrid model. The focus on future-proofing the operation among businesses is fueling the industry growth.
The managed infrastructure services market is classified based on deployment model, organization size, end-user, and region.
The on-premises segment is anticipated to record strong demand through 2032 as it stands out as a resilient choice for enterprises seeking a balance between control and scalability. This deployment model offers businesses the advantage of retaining direct oversight and management of their infrastructure while still leveraging the expertise and support of managed services providers. As organizations prioritize control over sensitive data and critical operations without compromising on the benefits of external infrastructure management, the on-premises deployment will continue to stay relevant.
Small and Medium-sized Enterprises (SMEs) segment is expected to generate massive revenues in the market by 2032 as they are increasingly recognizing their value proposition of these services to enhance their operational efficiency. In the competitive business landscape, SMEs often face resource constraints, making outsourcing infrastructure management a strategic decision. These services empower SMEs to access enterprise-grade IT capabilities without the burden of hefty investments in in-house infrastructure.
Asia Pacific managed infrastructure services market size will experience a rapid surge, fueled by the dynamic digital transformation and booming economy. As businesses across diverse industries prioritize resilient and scalable IT operations, the demand for managed services is escalating. There is widespread adoption of advanced technologies, such as cloud computing, highlighting the need for stringent cybersecurity measures, and shifting focus towards optimizing operational efficiency. The APAC region is becoming a focal point for managed infrastructure services companies, as businesses navigate complex technological landscapes and achieve unprecedented levels of flexibility and innovation.