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Managed Services Market 2019 Share, Size, Competitor Strategy, Global Trends by Forecast to 2022

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Managed Services Market 2019 Share, Size, Competitor Strategy, Global Trends by Forecast to 2022

August 25
15:57 2019
Managed Services Market 2019 Share, Size, Competitor Strategy, Global Trends by Forecast to 2022

Managed Services Market
Global Managed Services Market is expected to reach USD ~245 billion by the end of 2022 with ~11% CAGR during forecast period 2016-2022

Managed Services Market Scenario:

The global managed services market is growing with the rapid pace due to the rise in digital information, the need to secure it, increasing trend of bring the devices, continuous upsurge in dependency over heterogeneous networks, persistent rise in the complexity of technological solutions and others which are propelling the managed services market. According to a recent study report published by the Market Research Future, The global market of managed services is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

The global Managed Services Market is driven by increasing need for advanced threat protection for the rise in cyber security attacks, cost-effective solution for the organization to outsource their security and others are few factors which are propelling the growth of Managed Services market to the large extent. On the other hand, the increased complexity in network infrastructure and the complexities in data management is the factors hindering the growth of Managed Services market.

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Competitive Landscape

The notable players operating in the global managed services market include Accenture PLC (Republic of Ireland), Symantec Corporation (U.S.), Checkpoint Software Technologies Limited (U.S.), Intel Corporation (U.S.), Computer Science Corporation (U.S.), Cisco Systems, Inc (U.S.),  AT&T Inc (U.S), Trustwave Holdings, Inc (U.S.), Fortinet, Inc (U.S.), and IBM Corporation (U.S.).

Segmentation:

The global managed services market has been segmented based on type, end users, and deployment. By type, the market has been segmented into Data Center, Infrastructure, Security, Networking, Mobility, and Communication and Information.

By end-users, the market has been segmented into large enterprises and small & medium enterprises. By deployment, the market has been segmented into on-premise and on-cloud.

Regional Analysis:

Regionally, the global managed services market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is the largest market for managed services. The rapid growth of enterprises in the region and fast uptake of new technology can be attributed for the dominance of North America.

Moreover, the concentration of key players in the region is also a growth driver. Asia Pacific is expected to be the fastest growing market for managed services. The rapid increase in a number of start-ups and SMEs in the region coupled with increasing IT expenditure can be attributed for the growth of the Asia Pacific market.

Industry Updates:

  • In October 2018, HCL Technologies announced a five-year managed services deal with TransGrid, a high voltage transmission network provider for the state of New South Wales.
  • In October 2018, Optus Business, global cybersecurity experts, launched three new features and an update to its existing services under its portfolio of managed services. Optus Go now includes solutions for contact center in addition to improvements for its existing collaboration and cloud solutions.
  • In October 2018, SoftwareONE, a leader in platform, solutions, and services, announced that ISI Expert, a managed services and infrastructure provider, will be acquired by the company. The acquisition will extend the SoftwareONE managed services portfolio in France.

Intended Audience:

  • Managed services Manufacturers
  • Distributors
  • Research firms
  • Consultancy firms
  • Software Developers
  • Vendors
  • Semiconductor Manufacturers
  • Stakeholders
  • End-user sectors
  • Research organizations

Table of Contents

1        Market Introduction 

1.1       Introduction   

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

Continued…

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List of Tables

Table 1 Global Managed Services market, By Type

Table 2 Global Managed Services market, By End-Users

Table 3 Global Managed Services market, By Deployment

Continued…

List of Figures

Figure 1 Research End-Users

Figure 2 Global Managed Services Market, By Type (%)

Figure 3 Global Managed Services Market, By End-Users (%)

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/managed-services-market-2424