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Multi-Vendor Support Services Market (2022-2031) Industry Trends, Share, Size, Growth, Opportunity, and Forecast | AT and T Inc, Dell Technologies Inc, Furukawa Co Ltd, Hitachi Ltd, HP Inc, International Business Machines Corp
Multi-Vendor Support Services Market
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The global multi-vendor support services market report by the business research company identifies significant increase and presence of technology providers to be a major growth driver for the multi-vendor support services market. The need for IT enterprises and skills is rising as technology continues to permeate every area of the commercial and business environment, and this demands vendor support services for effective technology implementation. For instance, in November 2019, application management services for Oracle were introduced by Rimini Street Inc., a provider of IT business software products and services. The breadth of Oracle applications covered by the service includes JD Edwards, E-Business Suite, PeopleSoft, and Siebel, among many others.
The global multi-vendor support services market is expected to grow from $57.20 billion in 2021 to $59.53 billion in 2022 at a compound annual growth rate (CAGR) of 4.08%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The multi-vendor support services market is expected to reach $67.58 billion in 2026 at a compound annual growth rate (CAGR) of 3.22%.
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North America was the largest region in the multi-vendor support services market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-vendor support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the multi-vendor support services market are AT and T Inc, Dell Technologies Inc, Furukawa Co Ltd, Hitachi Ltd, HP Inc, International Business Machines Corp, Microsoft Corp, Service Express LLC, XS International Inc, Zensar Technologies Ltd, Lenovo, Abtech Technologies, Oracle, Fujitsu, CXtec, Curvature, Citycomp, Broadcom, Quantum Corp, Blue Sky Group Ltd, Softcat plc, Evernex Group SAS, NEC Corporation, Clear Technologies Inc, OnX Enterprise Solutions, Symantec Corporation, Citrix Systems Inc, Park Place, Ensure, MCSA Group and Banjo.
The global multi-vendor support services market is segmented -
1) By Type: Hardware Support Services, Software Support Services
2) By Application: Sales And Marketing, Financial And Accounting, Supply Chain, IT Operations, Others
3) By Organization Size: Small And Medium Sized Enterprises, Large Enterprises
4) By Vertical: Banking, Financial Services And Insurance, Telecom And IT, Media And Entertainment, Travel And Logistics, Others
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The Multi-vendor support services Market Report Contents Include
1. Executive Summary
2. Multi-Vendor Support Services Market Characteristics
3. Multi-Vendor Support Services Market Trends And Strategies
4. Multi-Vendor Support Services Market - Macro Economic Scenario
5. Multi-Vendor Support Services Market Size And Growth
....
27. Multi-Vendor Support Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Multi-Vendor Support Services Market
29. Multi-Vendor Support Services Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the multi-vendor support services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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