Press release
Managed Service Provider (MSP) Market Market 2021 COVID-19 Impact Analysis by Industry Challenges, CAGR, Business Overview And Forecast Research Study 2027
The Managed Service Provider (MSP) Market Study report incorporates a thoroughly studied analysis of competitive scenario including key players & manufacturers and their profiles, market type, product and its definitions and description, revenue forecast, 12.70%, growth driving forces and its explanation, trend & opportunities and growth outlook, regional and segmental analysis. The report is built of data derived from proprietary sources, primary and secondary research methodologies and is checked and verified by our in-house team of experts.
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Managed services are the practice of outsourcing on a proactive basis certain processes and functions intended to improve operations and cut expenses.
It simplifies IT operations, increases user satisfaction, and improves service quality while reducing operating costs. Managed services' options range from short-term post-go-live assistance to long-term application operation.
Regional Analysis
The regional analysis covered in this market study covers insights on distribution channel, marketing techniques, methodologies of prominent players which is further bifurcated on a country-wise basis and explains the reasons for the position of the market as well as the factors that will put the market in the projected state over the forecast period.
Furthermore, the report embodies analysis of each and every segment, its sub-categories, and explanation of the same. In addition, the report includes anticipation over the bifurcations of segments as to which part will have the highest growth and which category will hold the largest market share along with reasons for the same.
North America region dominated the market in 2020 with a market share of more !Syntax Error, * and is anticipated to continue its dominance in the upcoming years. It consists of countries such as the US and Canada. These countries are the early adopters of managed services in the region as North American countries have sustainable and well-established economies, which empower them to invest in R&D activities, thereby contributing to the development of new technologies strongly. Leading countries
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Driving Factors
Rise in demand for secure IT infrastructure during the COVID-19 pandemic
Managed services can help in bridging the gap by providing their expertise to organizations so that they can focus on their core businesses. Lack of IT skilled professionals can boost managed services market, as it can support growing enterprises that cannot afford to hire additional permanent staff for their IT systems
Cost and risk reduction
MSP can provide cost-effective and risk-aversion solutions to organizations where they mitigate risk for organizations with their team of experts.
The growing preference for outsourcing management functions to cloud service providers and managed service providers is anticipated to drive the growth of the market over the forecast period.
The growing preference for outsourcing management functions to cloud service providers and managed service providers is anticipated to drive the growth of the market over the forecast period.
Restraints
Lack of IT skilled professionals, cost reduction and IT budget constraints of this market
Opportunity
high cloud adoption, the need for automation, and a continuous increase in the demand from SMEs are creating opportunities for MSPs.
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Key Players
IBM (US), Fujitsu (Japan), Atos (France), Cisco (US), DXC (US), TCS (India), Rackspace (US), AT&T (US), Verizon (US), Dimension Data (South Africa), Infosys (India), HCL (India)...
Segmentations
Type
Managed Security, Managed Network, and Managed Data Center and IT Infrastructure
Deployment Mode
On premise and cloud
Organization Size
SME & Large enterprise
Vertical
BFSI, Healthcare, IT &telecom, Manufacturing others
financial
Financial institutions are opting for managed services to address various concerns, such as coping with the advances in technology and market and regulatory changes, and a looming lack of resources holding expertise in the latest technologies, among other
Managed Service Provider (MSP) Market: Regional Analysis
North America
S.
Canada
Europe
UK
France
Germany
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC Countries
South Africa
Rest of MEA
Table of Contents for the Managed Service Provider (MSP) Market market report:
Market Introduction
Key Players
Domains
Main
Sub Domain
Parent Market
Managed Service Provider (MSP) Market Market Type
Product/Service Picture
Definition of Product/Service
Description of Product/Service Market
Revenue
Historic values
Forecast
CAGR
Drivers and their elaborations
Restraints and their elaborations
Opportunities with descriptive reasons
Regional Analysis for Managed Service Provider (MSP) Market market
Leading region
Reasons behind lead
Market share of the leading region
Top Performing country
Managed Service Provider (MSP) Market market segmental analysis
Segments and Categories
Leading Category
Reasons for performance
Explanation & Description
Research Methodology
Appendix
Direct Contact
Jessica Joyal
+91 8149193005 | +91-9284395731 | +91 9175986728
sales@themarketinsights.com
https://www.themarketinsights.com/blogs
https://www.linkedin.com/company/the-market-insights
The Market Insights is a sister company to SI Market research and The Market Insights is into reselling. The Market Insights is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between. At The Market Insights, we give our clients the best reports that can be made in the market. Our reports are not only about market statistics, but they also contain a lot of information about new and niche company profiles. The companies that feature in our reports are pre-eminent.
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