Press release
Global Managed Service Program Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028
The global managed services program market is anticipated to grow at a significant CAGR of 11.3% during the forecast period (2022-2028). The rise in the adoption and growing users of the cloud is anticipated to drive the growth of the market. For instance, according to an article published by cloud wards, approximately 100 zettabytes of data will be stored in the cloud by 2025 globally. Google Drive is the most used cloud service with 94.4 % of the users, whereas Drop box with 66.2% users, One Drive with 39.35% users, and iCloud with 38.89% users. Moreover, the Google workplace Cloud productivity platform as a whole reached 2 billion users in 2020, while Drop box reported nearly 700 million users in 2020. Further, according to remote work statistics, approximately 34% of the workers prefer to work in the cloud and 48.0% of the businesses prefer to store their encrypted data in the cloud. Thus, the growing adoption of the cloud is anticipated to fuel the demand for managed service program market.A full report of Global Managed Service Program Market is available at:https://orionmarketreports.com/global-managed-service-program-market/106024/
Looking toward the demand for managed services programs, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2021, Commvualt had launched Managed Service Provider and Aggregator Partner Advantage Programs to support the way commvault's MSP operates while fulfilling the needs for delivering intelligent data services to customers of all sizes globally. The launch aimed to provide application and intelligent data services to its partners in an increasingly multi-cloud -world.
Similarly, in June 2021, Druv, Inc had launched its new Managed Service provider (MSP) Program. Part of the Druv Compass Partner Program, the program is designed to empower MSPs and accelerate their customer's cloud transformation services with a simplified data protection service. Moreover, Druvas MSP program enables new partners a SaaS-based model which offers zero touch on boarding experience. Thus, such launches are anticipated to drive the growth of the global managed services program market during the forecast period (2022-2028).
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Oracle Corp IBM Corp, Microsoft Corp, and Dell Inc among others
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Managed Service Program Market Report by Segment
By Type
Information Services
Business to Business Integration
Supply chain Managed Services
By Application
Medical Field
Electronic Field
IT field
Smart Grid field
Others
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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