What are Managed Services?

Managed services refer to the practice of outsourcing the responsibility for maintaining, and anticipating the need for, a range of processes and functions to improve operations and cut expenses. These services can include the management of IT infrastructure, security, cloud services, and more.

What is the size of the Managed Services Market?

The global managed services market is valued at USD 278.9 Bn In 2022 and is expected to reach USD 834.7 Bn in 2032 , with a CAGR of 11.9% from 2023 to 2033.

What are the key driving factors for the growth of the Managed Services Market?

The growth of the Managed Services Market is largely driven by factors such as the increasing complexity of IT infrastructure, a rise in cybersecurity threats, the need for cost-effective business solutions, and the focus on core business functions.

What are the benefits of adopting Managed Services?

Adopting Managed Services can lead to various benefits for businesses, including improved operational efficiency, enhanced security, reduced operational costs, access to specialized expertise, increased scalability, and the ability to focus on core business functions.

What industries are driving the demand for Managed Services?

Various industries, including IT & Telecom, BFSI (Banking, Financial Services, and Insurance), healthcare, retail, manufacturing, and government sectors, are driving the demand for Managed Services due to the need for enhanced security, improved operational efficiency, and effective management of IT infrastructure.

Global Managed Services Market Size, Share, Trends Analysis Report By Solution (Managed Data Center, Managed Network, Managed Mobility, Managed Infrastructure, Managed Backup and Recovery, Managed Communication, Managed Information, and Managed Security), By Enterprise Size (Small & Medium Enterprises and Large Enterprises), By Managed Information Service (Business Process Outsourcing, Business Support Systems, Project & Portfolio Management, and Other Services), By Deployment, By End-Use, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Published date: Nov. 2024
Report ID: 100937
Number of Pages: 205
Format:

- International Business Machines Corporation Company Profile
- Accenture plc Company Profile
- Alcatel-Lucent Enterprise
- AT&T Inc.
- Avaya Inc.
- Ericsson
- Fujitsu Limited
- Lenovo Group Limited
- BMC Software, Inc.
- CA Technologies
- Cisco Systems, Inc.
- Other Key Players