Press release
Managed Application Services Market Trends 2022-2027: Global Industry Size, Share, Growth and Forecast
The latest research study "Managed Application Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the Global Managed Application Services Market size reached US$ 10.78 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 23.86 Billion by 2027 exhibiting a CAGR of 13.50% during 2022-2027.Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
Managed application services include technical support and cloud migration, which assists in keeping the application highly available and relevant for evolving business needs. They help maintain, support and improve essential applications of any organization. They also enhance security, promote human resources savings, reduce capital and operational costs, decrease outage risks, and maintain, monitor, and optimize capacity. As a result, organizations from various industry verticals are adopting managed application services to run cloud deployment smoothly while minimizing overall costs.
Download free sample brochure: https://www.imarcgroup.com/managed-application-services-market/requestsample
Managed Application Services Trends and Drivers:
The market is primarily driven by the global expansion of business and the rising complexity of information technology (IT) infrastructure. In addition, there is a surging need for dependable services for fast, secure, and optimal enterprise application performances to maintain the competitive edge, which represents another growth-inducing factor.
Besides this, small and medium-sized enterprises (SMEs) are adopting remote managed services that provide minimal administrative overhead with maximum uptime. This, coupled with the introduction of customizable solutions to support custom web applications that are critical for the everyday operations of organizations, is positively influencing market growth.
Other factors, including the rapid digitization of healthcare infrastructure, the escalating demand for telehealth and remote patient services, and the rising product adoption across the banking, financial services, and insurance (BFSI), telecommunication, retail, and e-commerce industries, are creating a positive market outlook.
Click here to view detailed information with table of content: https://www.imarcgroup.com/managed-application-services-market
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Service:
• Operational Services
• Application Service Desk
• Application Hosting
• Application Security and Disaster Recovery
• Application Infrastructure
Breakup by Organization Size:
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
Breakup by Application:
• Web-Based Applications
• Mobile Applications
Breakup by Industry Vertical:
• BFSI
• Telecom and IT
• Government
• Healthcare
• Retail
• Energy and Utilities
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
The major players in the market are BMC Software Inc., DXC Technology, Fujitsu Limited, HCL Technologies Limited (HCL Enterprise), International Business Machines Corporation, Lumen Technologies Inc., Mindtree Ltd. (Larsen & Toubro Ltd.), NaviSite Inc., Rackspace Technology Inc., Unisys Corporation, Virtustream (Dell Technologies Inc.) and Wipro Limited.
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Automotive Artificial Intelligence Market Trends: https://www.imarcgroup.com/automotive-artificial-intelligence-market
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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