Managed Services Market Projection By Key players – Medtronic plc. (Ireland), Koninklijke Philips N.V. (Netherlands), OMRON Corporation (Japan), Biotelemetry Inc.(US), Apple, Inc. (US ), Dexcom Inc. (US), Abbott Laboratories(US), Till 2028

Managed Services Market 2021 - 2028

***Latest Updated Market Research Report

Summary:
The global Managed Services market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period, to reach USD 354.8 billion by 2028 from USD 242.9 billion in 2021. Major factors that are expected to drive the growth of the managed services market include lack of skilled IT professionals, rise in demand for secure IT infrastructure during the COVID-19 pandemic, cost and risk reduction, and requirements for regulatory compliance and security.
The COVID-19 pandemic has affected the globe in different aspects. A shift has been observed from the traditional working model to the work from home model. Also, a significant shift from the private cloud to the public cloud raises various security concerns. Managed services market will benefit from this change as they have the expertise to secure an organization’s IT infrastructure and provide various security services such as continuous monitoring, identity, and access management. MSPs have also increased their offerings in the security services post-pandemic to accommodate changes in work style and provide the best services.

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Based on the Service Type:
Managed Security Services
Managed Identity and Access Management (IAM)
Managed Antivirus/Antimalware
Managed Firewall
Managed Risk and Compliance Management
Managed Vulnerability Management
Managed Security Information and Event Management (SIEM)
Managed Intrusion Detection System (IDS)/ Intrusion Prevention System (IPS)
Managed Unified Threat Management (UTM)
Managed Encryption
Others (Distributed Denial of Service (DDoS) mitigation and managed Data Loss Prevention (DLP))
Managed Network Services
Managed Local Area Network
Managed Wireless Fidelity
Managed Virtual Private Network
Managed Wide Area Network
Network Monitoring
Managed Network Security
Managed Data Center and IT Infrastructure Services
Storage Management
Server Management
Managed Print Services
Others (application and middleware management, and database management)
Managed Communication and Collaboration Services
Managed Voice over Internet Protocol (VoIP)
Managed Unified Communications as a Service (UCaaS)
Others (managed email services)
Managed Mobility Services
Device Life Cycle Management
Application Management
Managed Information Services
Business Process Management
Managed Operational Support System/Business Support System
Based on the Deployment Model:
Cloud
On-Premises
Based on organization size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Based on verticals:
BFSI
IT and Telecom
Retail and Consumer Goods
Manufacturing
Government
Healthcare and Life Sciences
Energy and Utilities
Media and Entertainment
Others
Based on regions:
North America
US
Canada
Europe
UK
Germany
Rest of Europe
APAC
China
Japan
Rest of APAC
MEA
Saudi Arabia
Rest of MEA
Latin America
Brazil
Mexico
Rest of Latin America
Key Market Players
The managed services market is dominated by companies are 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), Ericssion (Sweden), GTT Communications (US), NTT Data (Japan), Happiest Minds (India), Huawei (China), Nokia Networks (Finland), CenturyLink (US), Wipro (India), Cognizant (US), Capgemini (France), BT (UK), Deloitte (UK), Secureworks (US), Alert Logic(US), BAE Systems (UK), Trustwave (US), Hughes (US), MeTtel (US), Microland (India), Optanix (US), Essintial (US), Intact Tech (US), 1-Net (Singapore), Ascend technologies (US), SecureKloud (India), Aunalytics (US), AC3 (Australia), Cloud Specialists (Australia), Corsica Technologies (US), and Empist (US). These vendors have a large customer base and strong geographic footprint along with organized distribution channels, which helps them to increase revenues.

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Table Of Content:
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Market Size by Type (2021-2028)
5 Market Size by Application (2021-2028)
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13 Key Players Profiles
14 Analyst's Viewpoints/Conclusions
15 Appendix
Continued. . .
Major Highlights of the Managed Services Market Report:
• The Managed Services Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes the Managed Services Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.
• The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
• It provides company overview and SWOT analysis of each of the market players.

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