Managed Services Market Size, Latest Trends, and Forecast Report 2020-2027

Posted by soham patil on November 10th, 2020

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.

Managed services are the practice of outsourcing on a proactive basis certain processes and functions intended to improve operations and cut expenses. It is an alternative to the break/fix or on-demand outsourcing model where the service provider performs on-demand services and bills the customer only for the work done.

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Market Dynamics

Factors such as increasing reliance on IT operations and new applications to enhance business productivity, increasing need for specialized MSPs to manage complex IT infrastructure and reduce IT staffing cost, and strategically investing by implementing cloud-based managed services are expected to drive the growth of this market during the forecast period.

However, growing need for regulatory compliance across different regions, migrating the existing it infrastructure and its integration with new technologies, and concerns of organizations to entrust business operations on MSPs are some of the factors challenging the market growth during the forecast period.

Furthermore, increasing need to reduce downtime of systems and their associated applications, and need to access enterprise resources remotely are expected to offer growth opportunities in coming few ye

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

By Services

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

By Deployment Type

  • On-Premise
  • Hosted

By Enterprise Size

  • Small & Medium Enterprise
  • Large Enterprise

By End Use

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

By Region

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

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soham patil

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soham patil
Joined: September 1st, 2020
Articles Posted: 235

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