Managed Information Services Market Forecast, Trend Analysis & Competition Tracking Global Review 2022 to 2027

Managed Information Services has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Market share and Market size prominent players for 2022 to 2027 are profiled in this report.

Managed Information Services is envisaged to record an expansion at the CAGR of 14.4% over the forecast period, 2022 - 2028

Competitive Landscape:

 Fujitsu Ltd,  Cisco Systems Inc.,  IBM Corporation,  HewlettPackard Enterprise,  Microsoft Corporation,  Dell Technologies Inc.,  Nokia Solutions and Networks,  ,  Rackspace Inc.,  Tata Consultancy Services Limited,  Wipro Ltd,  Deutsche Telekom AG and Others

Industry News:

- May 2019 - Speedcast International, one of the world's trusted providers of remote communication and IT solutions, announced a strategic partnership to deliver analytics solutions for optimized operational decision-making. The partnership strengthens Speedcast's Internet of Things (IoT) capabilities and helps enable the company to play a prime systems integrator role in the deployment of end-to-end IoT solutions.
- May 2019 - Pondurance, a leader in managed detection and response security services, announced the launch of a referral partner program that enables managed IT service providers (MSPs) to augment their offerings with managed security services to help protect their customers against cyber attacks.

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Scope of the Report

- Small and medium scale companies have tight funds to invest for their business, owing to which they prefer to outsource few components of the business, including IT infrastructure. In-house IT infrastructure, including setting up data centers may cost high and cause a diversion from core competencies to stabilize the investments. Thus, this is propelling the managed data center services growth during the forecast period.
- However, in a report titled 'The Future of Jobs 2018', the World Economic Forum (WEF) said around 54% of the global workforce had to be re-skilled or up-skilled to work in disruptive and digital technologies. This is causing a major challenge to the market.

Key Market Trends
Data Backup and Recovery to Dominate the Market

- The current enterprise data storage is built around three major challenges: storing massive amounts of data, protecting massive amounts of data, and managing massive amounts of data for value and retention.
- Enterprise Data Storage 2018 Report estimates that data storage needs are going to skyrocket in the coming years. Loss of data is one of the unacceptable activities by any organization owing to the storage of vital information associated with customers, payment method, and address.

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Asia-Pacific to Witness the Highest Growth

- Asia-Pacific is in the middle of a transformation powered by cloud technologies. The increasing proliferation of smartphones and tablets are causing major companies to establish their cloud data center in Asia-Pacific.
- In India through fintech initiatives like Jan Dhan Yojana, Aadhaar, and the Unified Payments Interface (UPI), the Government of India is working toward digitizing payment systems and increasing financial inclusion. This is causing the government to outsource the IT infrastructure.

Highlights about Managed Information Services report coverage:

- A complete background analysis, which includes an assessment of the Global Managed Information Services.

- Important changes in Managed Information Services dynamics

- Managed Information Services segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Managed Information Services with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Managed Information Services industry developments

- Managed Information Services shares and strategies of key players

- Emerging niche Managed Information Services segments and regional markets

- An objective assessment of the trajectory of the Managed Information Services .

- Recommendations to companies for strengthening their foothold in the Managed Information Services .

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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This release was published on openPR.