
Global Managed Services Market Size Study, by Service Type (Managed IT Infrastructure & Data Center Service, Managed Network Service, Managed Security Service, Managed Communication & Collaboration Service, Managed Mobility, Managed Information), by Deplo
Description
The global managed services market is currently valued at USD 358.78 billion in 2024 and is projected to grow at a (CAGR) of 7.30%, reaching USD 725.82 billion by 2032. Managed services are becoming increasingly essential for businesses striving to focus on core competencies while delegating non-core functions to third-party experts. This growing trend towards outsourcing IT and network management is reshaping the landscape of modern businesses. With the increasing complexity of business operations and the ever-evolving threat landscape, organizations are increasingly relying on managed services to safeguard data, improve operational efficiency, and reduce costs.
The market is being driven by the surge in digital transformation efforts, with businesses of all sizes looking to streamline operations and harness the power of advanced technologies. These services allow companies to modernize their IT infrastructure, ensure seamless data management, bolster network security, and leverage the latest communication tools to enhance collaboration. Additionally, the rise in cyber threats has spurred the demand for managed security services, as organizations aim to secure sensitive data, prevent breaches, and comply with strict regulatory frameworks. With security becoming an ever-pressing concern, enterprises are turning to managed services for end-to-end solutions to safeguard their networks and operations.
Managed services providers are also responding to the demands for flexibility in service delivery models. As businesses increasingly adopt hybrid IT environments, the demand for managed services that can integrate on-premise and cloud systems has surged. Furthermore, advancements in automation, artificial intelligence, and machine learning have further optimized the service offerings, enabling managed services providers to deliver more efficient, cost-effective solutions. However, challenges such as managing the complexities of multi-cloud environments and ensuring seamless interoperability between legacy systems and new cloud platforms remain prevalent. As businesses continue to innovate, managed services will remain crucial for delivering secure, scalable, and cost-effective solutions.
The managed services market is highly competitive, with several major players making significant strides in enhancing service delivery capabilities. Key regions driving market growth include North America, Europe, and Asia Pacific. North America holds a dominant position in the market due to its technological advancements and the presence of leading service providers. The region's strong demand for managed IT infrastructure and security services further accelerates market growth. Europe follows closely, with businesses prioritizing managed security and data center services. In contrast, the Asia Pacific region is expected to experience the highest growth rate, fueled by the increasing adoption of managed services by enterprises looking to modernize their operations and infrastructure.
Major market players included in this report are:
By Service Type
North America
Historical year – 2022
Base year – 2024
Forecast period – 2024 to 2034
Key Takeaways:
The market is being driven by the surge in digital transformation efforts, with businesses of all sizes looking to streamline operations and harness the power of advanced technologies. These services allow companies to modernize their IT infrastructure, ensure seamless data management, bolster network security, and leverage the latest communication tools to enhance collaboration. Additionally, the rise in cyber threats has spurred the demand for managed security services, as organizations aim to secure sensitive data, prevent breaches, and comply with strict regulatory frameworks. With security becoming an ever-pressing concern, enterprises are turning to managed services for end-to-end solutions to safeguard their networks and operations.
Managed services providers are also responding to the demands for flexibility in service delivery models. As businesses increasingly adopt hybrid IT environments, the demand for managed services that can integrate on-premise and cloud systems has surged. Furthermore, advancements in automation, artificial intelligence, and machine learning have further optimized the service offerings, enabling managed services providers to deliver more efficient, cost-effective solutions. However, challenges such as managing the complexities of multi-cloud environments and ensuring seamless interoperability between legacy systems and new cloud platforms remain prevalent. As businesses continue to innovate, managed services will remain crucial for delivering secure, scalable, and cost-effective solutions.
The managed services market is highly competitive, with several major players making significant strides in enhancing service delivery capabilities. Key regions driving market growth include North America, Europe, and Asia Pacific. North America holds a dominant position in the market due to its technological advancements and the presence of leading service providers. The region's strong demand for managed IT infrastructure and security services further accelerates market growth. Europe follows closely, with businesses prioritizing managed security and data center services. In contrast, the Asia Pacific region is expected to experience the highest growth rate, fueled by the increasing adoption of managed services by enterprises looking to modernize their operations and infrastructure.
Major market players included in this report are:
- Tata Consultancy Services
- IBM Corporation
- Accenture PLC
- DXC Technology
- Wipro Limited
- Cognizant Technology Solutions
- Atos SE
- NTT Ltd.
- Capgemini SE
- Fujitsu Ltd.
- Infosys Limited
- HCL Technologies
- Tech Mahindra
- Amazon Web Services
- Rackspace Technology
By Service Type
- Managed IT Infrastructure & Data Center Service
- Managed Network Service
- Managed Security Service
- Managed Communication & Collaboration Service
- Managed Mobility
- Managed Information
- Cloud-based
- On-premise
- BFSI
- Healthcare
- IT & Telecom
- Retail
- Manufacturing
- Government
- Others
North America
- U.S.
- Canada
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
- Brazil
- Mexico
- Saudi Arabia
- South Africa
- Rest of MEA
Historical year – 2022
Base year – 2024
Forecast period – 2024 to 2034
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
285 Pages
- Table of Content
- Chapter 1. Global Managed Services Market Executive Summary
- 1.1. Global Managed Services Market Size & Forecast (2024-2034)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Service Type
- 1.3.2. By Deployment
- 1.3.3. By End Use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Investment Analysis
- 1.7. Investment Rationale
- 1.8. Analyst Recommendation & Conclusion
- Chapter 2. Global Managed Services Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Managed Services Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Surge in Digital Transformation
- 3.1.2. Increased Complexity of Business Operations
- 3.1.3. Growing Demand for Managed Security Services
- 3.2. Market Challenges
- 3.2.1. Complexities in Managing Multi-Cloud Environments
- 3.2.2. Integration of Legacy Systems with New Cloud Platforms
- 3.3. Market Opportunities
- 3.3.1. Increasing Demand for Hybrid IT Environments
- 3.3.2. Rise in Automation and Artificial Intelligence for Managed Services
- 3.3.3. Expanding Opportunities in the Asia Pacific Region
- Chapter 4. Global Managed Services Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Managed Services Market Size & Forecasts by Service Type 2024-2034
- 5.1. Segment Dashboard
- 5.2. Global Managed Services Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Managed IT Infrastructure & Data Center Service
- 5.2.2. Managed Network Service
- 5.2.3. Managed Security Service
- 5.2.4. Managed Communication & Collaboration Service
- 5.2.5. Managed Mobility
- 5.2.6. Managed Information
- Chapter 6. Global Managed Services Market Size & Forecasts by Deployment 2024-2034
- 6.1. Segment Dashboard
- 6.2. Global Managed Services Market: Deployment Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Cloud-based
- 6.2.2. On-premise
- Chapter 7. Global Managed Services Market Size & Forecasts by End Use 2024-2034
- 7.1. BFSI
- 7.2. Healthcare
- 7.3. IT & Telecom
- 7.4. Retail
- 7.5. Manufacturing
- 7.6. Government
- 7.7. Others
- Chapter 8. Global Managed Services Market Size & Forecasts by Region 2024-2034
- 8.1. North America Managed Services Market
- 8.1.1. U.S. Managed Services Market
- 8.1.1.1. Service Type Breakdown Size & Forecasts, 2024-2034
- 8.1.1.2. End Use Breakdown Size & Forecasts, 2024-2034
- 8.1.2. Canada Managed Services Market
- 8.2. Europe Managed Services Market
- 8.2.1. UK Managed Services Market
- 8.2.2. Germany Managed Services Market
- 8.2.3. France Managed Services Market
- 8.2.4. Spain Managed Services Market
- 8.2.5. Italy Managed Services Market
- 8.2.6. Rest of Europe Managed Services Market
- 8.3. Asia Pacific Managed Services Market
- 8.3.1. China Managed Services Market
- 8.3.2. India Managed Services Market
- 8.3.3. Japan Managed Services Market
- 8.3.4. Australia Managed Services Market
- 8.3.5. South Korea Managed Services Market
- 8.3.6. Rest of Asia Pacific Managed Services Market
- 8.4. Latin America Managed Services Market
- 8.4.1. Brazil Managed Services Market
- 8.4.2. Mexico Managed Services Market
- 8.4.3. Rest of Latin America Managed Services Market
- 8.5. Middle East & Africa Managed Services Market
- 8.5.1. Saudi Arabia Managed Services Market
- 8.5.2. South Africa Managed Services Market
- 8.5.3. Rest of Middle East & Africa Managed Services Market
- Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Tata Consultancy Services
- 9.1.2. IBM Corporation
- 9.1.3. Accenture PLC
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Tata Consultancy Services
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. IBM Corporation
- 9.3.3. Accenture PLC
- 9.3.4. DXC Technology
- 9.3.5. Wipro Limited
- 9.3.6. Cognizant Technology Solutions
- 9.3.7. Atos SE
- 9.3.8. NTT Ltd.
- 9.3.9. Capgemini SE
- 9.3.10. Fujitsu Ltd.
- 9.3.11. Infosys Limited
- 9.3.12. HCL Technologies
- 9.3.13. Tech Mahindra
- 9.3.14. Amazon Web Services
- 9.3.15. Rackspace Technology
- Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
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