IT Infrastructure Management Services Market to Witness Growth Acceleration by 2031

The global IT infrastructure management services market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period. With the increasing demand from enterprises, various companies have made advancements in their existing managed cloud infrastructure service. For instance, in November 2022, Microsoft Corp., moved IT infrastructure management to the cloud with Microsoft Azure. With over 90% of its IT infrastructure in the cloud, the company adopted Microsoft Azure monitoring, patching, backup, and security tools to create a customer-focused self-service management environment centered around Microsoft Azure DevOps and modern engineering principles.

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Additionally, pivotal factor including rising adoption of cloud-based infrastructure management services by government to drive the IT infrastructure management services. For instance, in May 2023, an expanded list of Oracle Cloud Infrastructure (OCI) services attained FedRAMP approval, making more cloud services available to customers in the civilian, defense, and intelligence community. In addition, the partnerships and collaborations between governments to encourage the adoption of digital infrastructure services fueled the market growth. For instance, in March 2023, Alliance International Management (AIM) entered into a partnership with Gulf Bridge International (GBI) on digital infrastructure services in the Middle East. Under the terms of the collaboration, the digital infrastructure services would delivered using GBI's Smart Network, which leveraged both subsea and terrestrial fibre assets. At the same time, AIM, on behalf of Alliance Networks, used GBI's Smart Network to provide low latency connectivity to all GCC states, Asia and Europe, delivering high bandwidth and capacity to carriers, cloud and content providers.

Furthermore, rising adoption of cloud-based infrastructure management services by fintech companies to maximise staff productivity and minimise costs. In December 2022, Klarpay AG built a cloud-based infrastructure to automate its services. Swiss fintech Klarpay AG chose to build its cloud-based infrastructure using Amazon Web Services (AWS). Klarpay AG has successfully automated its product development and resource-scaling to maximise staff productivity and minimise costs by automating as many routine tasks as possible with the use of Amazon Web Services (AWS).

Global IT Infrastructure Management Services Market Report Segment

By Deployment

• On Premise
• Cloud

By Services

• Virtualization
• Networking
• Storage
• Servers

By Enterprise Size

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By End-User

• BFSI
• Retail and Consumer Goods
• Manufacturing
• Automotive
• Healthcare
• Government
• Transportation & Logistics
• Other (Oil and Gas)

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IT Infrastructure Management Services Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Alcatel-Lucent SA (Nokia Corp.,)
• Cloud Software Group, Inc. (Citrix Systems Inc.)
• Clover Infotech Private Ltd
• CSS Corp Pvt Ltd.
• Dell Technologies, Inc. (Dell EMC)
• Deutsche Telekom AG
• DXC Technology Co.,
• Ericsson AB, Group
• Fingent Corp.,
• Happiest Minds Technologies Ltd.
Hewlett Packard Enterprise Co.,
Lenovo Group Ltd

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