Global Managed Services Market to 2027

Global Managed Services Market to 2027

Global Managed Services Market to 2027

Market Overview

Managed services are the outsourcing services which provide customer benefits such as business focus on core competencies, reduce expenses, and improvement of operational efficacy. Managed services are the alternative services for on-demand outsourcing model. These services provide various solutions to the customers including Managed Security, Managed Information, Managed Communication, Managed Backup & Recovery, Managed Infrastructure, Managed Mobility, Managed Network, and Managed Data Centers.

Market Drivers

Increase in advancements in cloud based technologies and technological proliferation is the key driving factor which is expected to boost the global managed services market growth. Furthermore, rise in demand for outsourcing management functions from cloud and managed service providers (MSPs) is expected to propel the growth of global managed services market. Moreover, increase in security concerns in IT sector by taking control over the networks and IT infrastructure of enterprises is expected to fuel the global managed services market growth. In addition to that, Managed services are helpful in improvement of operational efficacy, business focus on core competencies, and reducing expenses. Increase in technological advancements like big data analytics, cloud computing, and mobility services will have the positive impact on global managed services market growth.

Market Restraints

However, increase in pressure from statutory regulations across the world is the main restraining factor which is expected to hamper the global managed services market growth. Also, lack of sales and marketing staff, training, and cyber security will affect the global managed services market growth.

Market Segmentation

Global Managed Services Market is segmented into solution such as Managed Security, Managed Information, Managed Communication, Managed Backup & Recovery, Managed Infrastructure, Managed Mobility, Managed Network, and Managed Data Centers, by services such as Business Process Outsourcing (BPO), Business Support Systems, Project & Portfolio Management, and Others, by deployment type such as On-premise, and Hosted. Further, Global Managed Services Market is segmented into enterprise size such as Small & Medium Enterprises, and Large Enterprises, by End use such as Retail, Media & Entertainment, Manufacturing, IT & Telecommunication, Healthcare, Government, and Financial Services.

Also, Global Managed Services Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Infosys, TCS, Nokia Networks, HCL, Cognizant, AT & T, DXC Technology, ATOS, Accenture, CISCO, FUJITSU, IBM, HUAWEI, CENTURY LINK, and Right to Win.

Market Taxonomy

By Solution

• Managed Security
• Managed Information
• Managed Communication
• Managed Backup & Recovery
• Managed Infrastructure
• Managed Mobility
• Managed Network
• Managed Data Centers

• Business Process Outsourcing (BPO)
• Business Support Systems
• Project & Portfolio Management
• Others

• On-Premise
• Hosted

• Small & Medium Enterprise
• Large Enterprise

• Retail
• Media & Entertainment
• Manufacturing
• IT & Telecommunication,
• Healthcare
• Government
• Financial Services

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa