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Global Multi-Vendor Support Services Market

11-26-2018 04:39 PM CET | IT, New Media & Software

Press release from: Maximize Market Research

Global Multi-Vendor Support Services Market was valued US$ 51.46 Bn in 2017 and is expected to reach US$ 64.42 Bn by 2026, at a CAGR of 2.28 % during a forecast period.Global Multi-Vendor Support Services MarketMulti-Vendor Support Services Market is segmented into by service type, business application, organization size, vertical and region. Based on service type, multi-vendor support services market is segmented into hardware support services and software support services. Based on business application, multi-vendor support services market is classified into financial & accounting, supply chain, sales & marketing, production, human resource and others. Based on organization size, multi-vendor support services market is classified into small & medium-sized enterprises and large enterprises. In terms of vertical, multi-vendor support services market is classified into banking, financial services & insurance, healthcare & life sciences, retail & consumer goods, manufacturing, travel & logistics, telecom & it, government & defence, media & entertainment, energy & utilities, and others. Based on region multi-vendor support services market is split into North America, Europe, Middle East & Africa, Asia Pacific, and Latin America.

The major growth drivers for the multi-vendor support services market increasing changes in the IT infrastructure, rising maintenance costs of original equipment manufacturer services, reducing IT support & maintenance complexities, and regaining control of infrastructure support from original equipment manufacturer services. Restraints for the multi-vendor support services market are loss of control over IT assets and more concerns over sharing credential data, privacy and security issue therefore challenges for multi-vendor support services market are increase the technical expertise and offering new services with changes in the IT infrastructure. Opportunities for multi-vendor support services market are growing use of centralized and increasing need for new levels of support services.

In terms of service type, the hardware support services segment to hold a larger market size during the forecast period. The hardware support services include preventive and remedial services, such as contract maintenance and per-incident repair online, telephonic technical troubleshooting and assistance for setup, and hardware warranty upgrades. Moreover, the rise in demand for a new level of services is anticipated to drive the growth of this market.

for more information visit:
https://www.maximizemarketresearch.com/market-report/global-multi-vendor-support-services-market/17054/

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