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IOT Expansion Fuels Growth In The Managed It Infrastructure Services Market Driver: Leading Transformation in the Managed IT Infrastructure Services Market in 2025

02-05-2025 12:24 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Managed IT Infrastructure Services Market Size

Managed IT Infrastructure Services Market Size

What Are the Projected Growth and Market Size Trends for the Managed IT Infrastructure Services Market?
The managed IT infrastructure services market has experienced rapid growth. It is projected to grow from $119.17 billion in 2024 to $132.19 billion in 2025, at a CAGR of 10.9%. This growth is due to the rising complexity of IT environments, cost optimization strategies, a focus on core competencies, increasing cybersecurity concerns, and the need for scalability and flexibility.

The managed IT infrastructure services market will grow to $204.81 billion by 2029 at a CAGR of 11.6%, influenced by edge computing, cloud adoption, and regulatory compliance. Trends in this market include genetic testing accessibility, personalized treatments, and non-invasive screening methods.

What Is Driving the Growth Trajectory of the Managed IT Infrastructure Services Market?
The rise of the Internet of Things (IoT) is expected to fuel the growth of the managed IT infrastructure services market moving forward. IoT refers to a network of interconnected devices and machinery that can transfer data without human intervention. Managed IT infrastructure services support IoT ecosystems by providing scalable software infrastructure, device management, security, and data handling. In September 2022, Ericsson, a Sweden-based telecom company, reported that global IoT connections reached 13.2 billion in 2022, with an expected growth of 18% to 34.7 billion by 2028. As a result, the growing IoT adoption is driving the managed IT infrastructure services market's expansion.

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Which Leading Companies Are Shaping the Growth of the Managed IT Infrastructure Services Market?
Major companies operating in the managed it infrastructure services market report are Microsoft Corporation, Verizon Communications Inc., AT&T Inc., Dell Inc., Lenovo Group Ltd., accenture* PLC, International Business Machines Corporation, Cisco Systems Inc., Fujitsu Limited, Canon Inc., Hewlett Packard Development Company L.P., Toshiba Corp., Tata Consultancy Services Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, Capgemini America Inc., NTT Ltd., Cognizant Technology Solutions Corp., Infosys Limited, DXC Technology Corporation, Atos SE, Wipro Ltd., HCL Technologies Limited, CGI Group Inc., Xerox Holdings Corp., Rackspace Inc., LTIMindtree Limited, Unisys Corporation, Cybernet Software Systems Inc., Happiest Minds Technologies Limited

Which Key Developments Are Influencing the Managed IT Infrastructure Services Market?
In the managed IT infrastructure services market, companies are prioritizing the development of cloud-delivered managed security solutions to increase their market share. These solutions provide cloud-based security services that protect critical infrastructure and data from cyber threats. For example, in February 2022, Juniper Networks Inc., a US-based networking company, launched Juniper Secure Edge, a cloud-delivered security solution that enables enterprises to secure their workforce anywhere. It offers firewall-as-a-service (FWaaS) and includes features such as unified policy management, dynamic zero-trust segmentation, integration with identity providers, and automated access restrictions.

What Are the Key Segments of the Managed IT Infrastructure Services Market?
The managed IT infrastructure services market covered in this report is segmented -

1) By Service Category: Virtualization, Networking, Storage, Servers
2) By Deployment Mode: On-Premises, Cloud
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By End User: IT And Telecommunication, Retail, Transportation And Logistics, BFSI (Banking, Financial Services, And Insurance), Manufacturing, Other End Users

Subsegments:
1) By Virtualization: Server Virtualization, Desktop Virtualization, Application Virtualization
2) By Networking: Managed Network Services, Network Security Services, WAN Optimization Services
3) By Storage: Managed Storage Solutions, Backup And Disaster Recovery Services, Cloud Storage Solutions
4) By Servers: Managed Server Hosting, Server Maintenance And Support, Dedicated Server Services

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Which Region Dominates the Managed IT Infrastructure Services Market?
North America was the largest region in the managed IT infrastructure services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed it infrastructure services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Is Covered In The Managed IT Infrastructure Services Global Market Report?

- Market Size Analysis: Analyze the Managed IT Infrastructure Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Managed IT Infrastructure Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Managed IT Infrastructure Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Managed IT Infrastructure Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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