Managed Services Market in Saudi Arabia 2015-2019
About Managed Services
Managed services refer to the management of an organization's in-house functions by a third-party MSP. As a result of globalization and increased complexity of the global business landscape, companies in Saudi Arabia are moving to smarter and readily achievable solutions to address issues such as cost-cutting and to focus on their core competencies. Managed services aid in enhancing operations and cutting organizational expenses. An increase in the complexity of data handling issues, data protection, information security management, setting up of communication networks such as LAN/WAN, and getting mobile services has proliferated the growth of the industry.
TechNavio's analysts forecast the Managed Services market in Saudi Arabia to grow at a CAGR of 22.60 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Managed Services market in Saudi Arabia for the period 2015-2019. The market is categorized into four main segments: Hardware and Software Support, Data Center Hosting, Disaster Recovery Support, and Security Support.
TechNavio's report, Managed Services Market in Saudi Arabia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Managed Services market landscape in Saudi Arabia and its growth prospects in the coming years. The report also includes the profile of key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Managed Services Market in Saudi Arabia 2015-2019
TechNavio recognizes the following companies as the key players in the Managed Services Market in Saudi Arabia: Cisco Systems Inc., IBM Corp., Jeraisy Computer & Communication Services Co. (JCCS), Juniper Networks and Mobily.
Other Prominent Vendors in the market are: ACS, Advanced Electronics Company, Arabic Computer Systems, Banque Saudi Franci, BT Applied Technology, Detecon al Saudia, Diyar United, Ebtikkar, eHDF, Ejada Systems Company, Etisalat, Google, HP, Infosys, MDS, Meeza, Salesforce.com, SBM, TCS and Wipro.
Commenting on the report, an analyst from TechNavio’s team said: “The growing role of cloud and virtualization solutions is one of the major trends, which is expected to boost the growth potential of the market. Private cloud solutions enable better security and improve control of critical data and business operations.”
According to the report, the growing need for cyber-security is a major driver, which is expected to fuel the market growth during the forecast period. Newly adopted technologies warrant increased security measures to ensure the safety and privacy of company data.
Further, the report states that the shortage of talented IT professionals is a key challenge faced by the market. The management of certain operational processes requires a significant level of knowledge of the business environment in which the client operates.
Cisco , IBM, JCCS, Juniper, Mobily, ACS, Advanced Electronics Company, Arabic Computer Systems, Banque Saudi Franci, BT Applied Technology, Detecon al Saudia, Diyar United, Ebtikkar, eHDF , Ejada Systems Company , Etisalat, Google, HP,Infosys, MDS, Meeza, Salesforce.com, SBM, TCS, Wipro