Multi-Vendor Support Services Market

Publisher Fortune Business Insights Pvt. Ltd.

Published Sep 01, 2024

Length 150 Pages

SKU # FOB19185780

Description

Multi-Vendor Support Services Market

Growth Factors of Multi-Vendor Support Services Market

The Multi-Vendor Support Services Market size was valued at USD 53,274.7 thousands in 2023., and the market is now projected to grow from USD 54,672.9 thousands in 2024 to USD 69,873.2 thousands by 2032, exhibiting a CAGR of 3.1% during the forecast period of 2024-2032.

The COVID-19 pandemic extensively impacted the Multi-Vendor Support Services (MVSS) marketplace. The initial disruptions brought about delays in service transport and supply chain challenges. However, as companies unexpectedly transitioned to faraway paintings, the call for for MVSS expanded, particularly for IT infrastructure and virtual offerings. Companies sought flexible and value-powerful solutions to manage their numerous vendor ecosystems. The pandemic expanded digital transformation, prompting corporations to adopt greater sturdy MVSS strategies to make certain continuity and resilience. While some sectors confronted price range constraints, the overall marketplace saw increase because of the heightened want for reliable multi-dealer assist in a swiftly converting surroundings.

A key fashion inside the Multi-Vendor Support Services (MVSS) marketplace is the growing adoption of AI-pushed predictive upkeep. Leveraging AI and machine getting to know, carrier carriers can examine widespread quantities of records from diverse carriers' system to predict capability screw ups before they arise. This proactive method minimizes downtime, reduces prices, and complements operational performance. Additionally, the mixing of AI with MVSS structures permits greater personalized and responsive help, improving ordinary customer pleasure. As businesses prioritize uptime and performance, the call for for AI-more suitable MVSS answers is expected to develop, driving innovation and competitiveness in the market.

A essential using element in the Multi-Vendor Support Services (MVSS) market is the developing complexity of IT environments. As groups more and more adopt numerous technologies from multiple providers, coping with those ecosystems will become difficult. MVSS companies offer a centralized solution to streamline help throughout specific structures, lowering the weight on in-residence IT teams. This allows organizations to attention on their center commercial enterprise activities whilst ensuring that their IT infrastructure remains reliable and green. The want for value optimization, at the side of the preference to beautify carrier fine and decrease downtime, is fueling the demand for comprehensive MVSS solutions.

Comprehensive Analysis of Multi-Vendor Support Services Market

The Multi-Vendor Support Services Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated By Service Type,By Enterprise Type, By Service Delivery Model, By Application, By Industry. By Service Type include Hardware, Software. By Enterprise Type include SMEs, Large Enterprises. By Service Delivery Model include Onsite, Remote, Hybrid. By Application include IT Operations, Sales & Marketing, Finance & Accounting, Human Resources, Supply Chain & Logistics, Others. By Industry include Healthcare, BFSI, Retail, Manufacturing, IT & Telecom, Media & Entertainment, Others.

The North America region lead the Multi-Vendor Support Services Market share by benefitting a market size of USD 20,022.8 thousand due to several key factors. Firstly, the region is home to a large number of technology-intensive industries such as IT, telecommunications, healthcare, and manufacturing, which have extensive and diverse technology ecosystems requiring such support services.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

April 2024: CDS Corporation, focusing on multi-supplier services (MVS) for information centers, acquired Natrinsic to strengthen worldwide support, migration, optimization, and management of organization data warehouses. This strategic acquisition underscores CDS's determination to augmenting its records center support services, turning in clients a comprehensive suite for cost-efficiently coping with garage, networking, computing, and information warehouse environments.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD thousands)

Growth Rate CAGR of 3.1% from 2024 to 2032

Segmentation By Service Type

- Hardware

- Software

By Enterprise Type

- SMEs

- Large Enterprises

By Service Delivery Model

- Onsite

- Remote

- Hybrid

By Application

- IT Operations

- Sales & Marketing

- Finance & Accounting

- Human Resources

- Supply Chain & Logistics

- Others

By Industry

- Healthcare

- BFSI

- Retail

- Manufacturing

- IT & Telecom

- Media & Entertainment

- Others

By Region

- North America (By Service Type, By Enterprise Type, By Service Delivery Model, By Application, By Industry and By Country)

U.S.
Canada
Mexico

- South America (By Service Type, By Enterprise Type, By Service Delivery Model, By Application, By Industry and By Country)

Brazil
Argentina
Rest of South America

- Europe (By Service Type, By Enterprise Type, By Service Delivery Model, By Application, By Industry and By Country)

U.K.
Germany
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe

- Middle East & Africa (By Service Type, By Enterprise Type, By Service Delivery Model, By Application, By Industry and By Country)

Turkey
Israel
GCC
North Africa
South Africa
Rest of the Middle East & Africa

- Asia Pacific (By Service Type, By Enterprise Type, By Service Delivery Model, By Application, By Industry and By Country)

China
Japan
India
South Korea
ASEAN
Oceania
Rest of the Asia Pacific

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends; 3.3. Impact of Generative AI
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Multi-Vendor Support Services Key Players Market Share/Ranking, 2023
5. Global Multi-Vendor Support Services Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Service Type (USD); 5.2.1. Hardware; 5.2.2. Software; 5.3. By Enterprise Type (USD); 5.3.1. SMEs; 5.3.2. Large Enterprises; 5.4. By Service Delivery Model (USD); 5.4.1. Onsite; 5.4.2. Remote; 5.4.3. Hybrid; 5.5. By Application (USD); 5.5.1. IT Operations; 5.5.2. Sales & Marketing; 5.5.3. Finance & Accounting; 5.5.4. Human Resources; 5.5.5. Supply Chain & Logistics; 5.5.6. Others; 5.6. By Industry (USD); 5.6.1. Healthcare; 5.6.2. BFSI; 5.6.3. Retail; 5.6.4. Manufacturing; 5.6.5. IT & Telecom; 5.6.6. Media & Entertainment; 5.6.7. Others; 5.7. By Region (USD); 5.7.1. North America; 5.7.2. South America; 5.7.3. Europe; 5.7.4. Middle East & Africa; 5.7.5. Asia Pacific
6. North America Multi-Vendor Support Services Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Service Type (USD); 6.2.1. Hardware; 6.2.2. Software; 6.3. By Enterprise Type (USD); 6.3.1. SMEs; 6.3.2. Large Enterprises; 6.4. By Service Delivery Model (USD); 6.4.1. Onsite; 6.4.2. Remote; 6.4.3. Hybrid; 6.5. By Application (USD); 6.5.1. IT Operations; 6.5.2. Sales & Marketing; 6.5.3. Finance & Accounting; 6.5.4. Human Resources; 6.5.5. Supply Chain & Logistics; 6.5.6. Others; 6.6. By Industry (USD); 6.6.1. Healthcare; 6.6.2. BFSI; 6.6.3. Retail; 6.6.4. Manufacturing; 6.6.5. IT & Telecom; 6.6.6. Media & Entertainment; 6.6.7. Others; 6.7. By Country (USD); 6.7.1. United States; 6.7.2. Canada; 6.7.3. Mexico
7. South America Multi-Vendor Support Services Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Service Type (USD); 7.2.1. Hardware; 7.2.2. Software; 7.3. By Enterprise Type (USD); 7.3.1. SMEs; 7.3.2. Large Enterprises; 7.4. By Service Delivery Model (USD); 7.4.1. Onsite; 7.4.2. Remote; 7.4.3. Hybrid; 7.5. By Application (USD); 7.5.1. IT Operations; 7.5.2. Sales & Marketing; 7.5.3. Finance & Accounting; 7.5.4. Human Resources; 7.5.5. Supply Chain & Logistics; 7.5.6. Others; 7.6. By Industry (USD); 7.6.1. Healthcare; 7.6.2. BFSI; 7.6.3. Retail; 7.6.4. Manufacturing; 7.6.5. IT & Telecom; 7.6.6. Media & Entertainment; 7.6.7. Others; 7.7. By Country (USD); 7.7.1. Brazil; 7.7.2. Argentina; 7.7.3. Rest of South America
8. Europe Multi-Vendor Support Services Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Service Type (USD); 8.2.1. Hardware; 8.2.2. Software; 8.3. By Enterprise Type (USD); 8.3.1. SMEs; 8.3.2. Large Enterprises; 8.4. By Service Delivery Model (USD); 8.4.1. Onsite; 8.4.2. Remote; 8.4.3. Hybrid; 8.5. By Application (USD); 8.5.1. IT Operations; 8.5.2. Sales & Marketing; 8.5.3. Finance & Accounting; 8.5.4. Human Resources; 8.5.5. Supply Chain & Logistics; 8.5.6. Others; 8.6. By Industry (USD); 8.6.1. Healthcare; 8.6.2. BFSI; 8.6.3. Retail; 8.6.4. Manufacturing; 8.6.5. IT & Telecom; 8.6.6. Media & Entertainment; 8.6.7. Others; 8.7. By Country (USD); 8.7.1. United Kingdom; 8.7.2. Germany; 8.7.3. France; 8.7.4. Italy; 8.7.5. Spain; 8.7.6. Russia; 8.7.7. Benelux; 8.7.8. Nordics; 8.7.9. Rest of Europe
9. Middle East & Africa Multi-Vendor Support Services Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Service Type (USD); 9.2.1. Hardware; 9.2.2. Software; 9.3. By Enterprise Type (USD); 9.3.1. SMEs; 9.3.2. Large Enterprises; 9.4. By Service Delivery Model (USD); 9.4.1. Onsite; 9.4.2. Remote; 9.4.3. Hybrid; 9.5. By Application (USD); 9.5.1. IT Operations; 9.5.2. Sales & Marketing; 9.5.3. Finance & Accounting; 9.5.4. Human Resources; 9.5.5. Supply Chain & Logistics; 9.5.6. Others; 9.6. By Industry (USD); 9.6.1. Healthcare; 9.6.2. BFSI; 9.6.3. Retail; 9.6.4. Manufacturing; 9.6.5. IT & Telecom; 9.6.6. Media & Entertainment; 9.6.7. Others; 9.7. By Country (USD); 9.7.1. Turkey; 9.7.2. Israel; 9.7.3. GCC; 9.7.4. North Africa; 9.7.5. South Africa; 9.7.6. Rest of MEA
10. Asia Pacific Multi-Vendor Support Services Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Service Type (USD); 10.2.1. Hardware; 10.2.2. Software; 10.3. By Enterprise Type (USD); 10.3.1. SMEs; 10.3.2. Large Enterprises; 10.4. By Service Delivery Model (USD); 10.4.1. Onsite; 10.4.2. Remote; 10.4.3. Hybrid; 10.5. By Application (USD); 10.5.1. IT Operations; 10.5.2. Sales & Marketing; 10.5.3. Finance & Accounting; 10.5.4. Human Resources; 10.5.5. Supply Chain & Logistics; 10.5.6. Others; 10.6. By Industry (USD); 10.6.1. Healthcare; 10.6.2. BFSI; 10.6.3. Retail; 10.6.4. Manufacturing; 10.6.5. IT & Telecom; 10.6.6. Media & Entertainment; 10.6.7. Others; 10.7. By Country (USD); 10.7.1. China; 10.7.2. Japan; 10.7.3. India; 10.7.4. South Korea; 10.7.5. ASEAN; 10.7.6. Oceania; 10.7.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Hewlett Packard Enterprise Development LP; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. Zoho Corporation Pvt. Ltd.; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Dell Inc.; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. IBM Corporation; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. DXC Technology; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. NTT Ltd.; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Cisco; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. Atos; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. Fujitsu; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. OSI Global; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments
12. Key Takeaways

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