Press release
Managed Services Market is expected to reach USD 718.97 billion by 2030 : Cognitive Market Research
Managed Services Market is expected to reach USD 718.97 billion by 2030 : Cognitive Market Research
- Managed services refer to the practice of outsourcing IT operations or other business functions to a third-party service provider. The service provider assumes responsibility for monitoring, managing, and maintaining a company's IT infrastructure or other business processes.
Summary:
• The Global Managed Services Market is projected to grow at a CAGR of 13.2% during the forecast period of 2023-2030.
• The increasing adoption of managed services among small & medium enterprises (SMEs) and large enterprises is the major driving factor for the growth of the Managed Services market.
• North America accounted for the largest market share in the Global Managed Services Market.
"To know more The Managed Services Market statistics click here: https://www.cognitivemarketresearch.com/managed-services-market-report
Market Dynamics
- The increasing adoption of managed services among small & medium enterprises (SMEs) and large enterprises in various sectors is driving the growth of the market. Businesses are recognizing the benefits of outsourcing their IT services to experts who can provide cost-effective, scalable, and secure solutions are contributing to the growth of the Managed Services Market.
Market Segmentation:
Solution:
• Managed Data Center
• Managed Network
• Managed Mobility
• Managed Infrastructure
• Managed Backup and Recovery
• Managed Communication
• Managed Information
• Managed Security
Based on the Solution, the Managed Data Centre held the largest market share in the year 2022. This is due to the increasing implementation of cutting-edge technology into existing and new businesses to enhance operational efficiency is accelerating segment growth.
Managed Information Services (MIS):
• Business Process Outsourcing (BPO)
• Business Support Systems
• Project & Portfolio Management
• Others
Based on Managed Information Services, Business Process Outsourcing (BPO) segment accounted for a significant share of the market growth owing to the increasing implementation of BPO in businesses to enhance the strength and increase profitability supporting the growth of the BPO segment.
Deployment
• On-premise
• Hosted
Enterprise Size
• Small & Medium Enterprises (SMEs)
• Large Enterprises
End-Use
• Financial Services
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Media & Entertainment
• Retail
• Others
The Major Players in Managed Services Market are:
IBM, Huawei, Cisco, Unisys, DXC Technology, Tata Consultancy Services, Wipro, Atos, Ericsson, Nokia Networks, Dimension Data, Fujitsu, HCL Technologies
Get free sample pages of latest published Managed Services Report:
https://www.cognitivemarketresearch.com/managed-services-market-report#request_sample
Regional Analysis:
- North America is a leading region of the Managed Services market.
North America accounted for the major market share in terms of revenue in the year 2022. This growth is attributed to the growing number of players and the presence of multinational companies in the region. Moreover, the increasing adoption of these services among small and medium enterprises and growing investments in data security is accelerating the growth of the market in North America.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Managed Services Market
• 3.1 Global Managed Services Market Size 2018 - 2030, (USD Million)
• 3.2 Global Managed Services Market Statistics 2022: Snapshot
Chapter 4 Global Managed Services Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Managed Services Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Managed Services Industry Mergers and Acquisition Analysis
• 5.2 Global Managed Services New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Managed Services Market by Solution Segmentation Analysis (2018-2030)
Chapter 9 Global Managed Services Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Managed Services Market by Managed Information Services (MIS) Segmentation Analysis (2018-2030)
Chapter 11 Global Managed Services Market by Deployment Segmentation Analysis (2018-2030)
Chapter 12 Global Managed Services Market by Enterprise Size Segmentation Analysis (2018-2030)
Chapter 13 Global Managed Services Market Regional Analysis
Chapter 14 North America Managed Services Market Outlook (2018 - 2030)
Chapter 15 Europe Managed Services Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Managed Services Market Outlook (2018 - 2030)
Chapter 17 Latin America Managed Services Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Managed Services Market Outlook (2018 - 2030)
Chapter 19 Research Findings
To know more Managed Services Market TOC click here: https://www.cognitivemarketresearch.com/managed-services-market-report#table_of_contents
Related Reports:
• Payment As A Service Market - https://www.cognitivemarketresearch.com/payment-as-a-service-market-report
• Cloud Managed Services Market - https://www.cognitivemarketresearch.com/cloud-managed-services-market-report
• Proactive Services Market - https://www.cognitivemarketresearch.com/proactive-services-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Managed Services Market is expected to reach USD 718.97 billion by 2030 : Cognitive Market Research here
News-ID: 2959156 • Views: …
More Releases from Cognitive Market Research
Ultra Fine Copper Powder Market is estimated to grow at a CAGR of 7.1% during th …
Market Overview:
- The term "ultra-fine copper powder" refers to a finely divided type of copper that is distinguished by its exceedingly small particle size and large surface area. It is made using a variety of processes, such as mechanical grinding, electrolysis, and chemical precipitation. Ultra-fine copper powder typically has particles between a few nanometres and a few micrometers in size.
Summary:
- As per Cognitive Market Research, Global Ultra-Fine Copper…
Premium Branding and Status Symbol boosts the Global Metal Card Market: Cognitiv …
Market Overview:
- A metal card typically refers to a credit or debit card that is made from metal materials instead of traditional plastic. These cards are often associated with premium or high-end credit card offerings and are designed to provide a more luxurious and prestigious feel. Metal cards are usually made from materials such as stainless steel, titanium, or other alloys, which gives them a solid and durable construction.…
Slot Machines Market is projected to grow at a CAGR of 12.9% within the forecast …
Market Overview:
A slot machine is operated by inserting coins into a slot and by pulling down on a long handle. It features a set of spinning reels with various symbols on them. Players or individuals insert coins or tokens into the machine and then pull a lever or press a button to activate the reels. The earliest slot machine technology was created with mechanical reels powered by random number generators.…
Mechanical Seals Market is estimated to grow at a CAGR of 4.8% within the foreca …
Market Overview:
A mechanical seal is only a way to keep fluid inside a vessel usually pumps, mixers, etc. when a rotating shaft passes through a stationary housing or, on rare occasions, when the housing rotates around the shaft. Mechanical seals are devices used to prevent leakage between two components or systems that are connected by a rotating shaft. They are commonly used in pumps, compressors, mixers, and other equipment that…
More Releases for Managed
Managed IT Infrastructure Services Market by Solution (Managed Data Center, Mana …
Managed IT infrastructure services is an approach that combines together knowledge, procedures, and technology, which finally power the services that support business processes. Managed IT infrastructure services offer a sound business understanding to deploy or replace existing IT infrastructure. Without clearly defining business goals and process functionalities, selecting the right systems, applications, and technologies that meet business requirement, managed IT infrastructure services drives most of the critical tasks and thereby…
Managed Security Services Market Outlook to 2025 – Managed Firewall, Managed I …
Managed Security Services Market is expected to grow from US$ US$ 17716.7 Million in 2017 to US$ 61855.5 Million by 2025 at a CAGR of 16.9% between 2017 and 2025.
Worldwide Managed Security Services Market Analysis to 2025 is a specialized and in-depth study of the Managed Security Services Market with a focus on the global market trend. The report aims to provide an overview of global Managed Security Services Market…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
Managed Network Services Market will reach nearly US$ 120 Bn in revenues by 2028 …
Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction. Fact.MR envisages that the demand for…
Global IOT Managed Services Market By Type (Managed Security Services, Managed D …
IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications,…
