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Emerging Trends Influencing The Growth Of The Managed Information Services Market: Launch Of Innovative Edge Platform For Advanced Computing Solutions In Managed Information Services
The Managed Information Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Managed Information Services Market Size and Projected Growth Rate?
The market size of managed information services has experienced significant expansion in the past few years. The value is projected to increase from $324.67 billion in 2024 to $377.76 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.4%. The past growth can be attributed to factors such as the trend towards remote work, adoption of cloud technology, increased cybersecurity threats, data breaches, and a rise in the complexity of IT infrastructure.
The market size of managed information services is predicted to witness fast-paced expansion over the next few years. By 2029, it's scheduled to reach a value of $694.33 billion, rising at a compound annual growth rate (CAGR) of 16.4%. Elements fueling growth during this forecast period include the ongoing increase in regulatory demands, an emerging cyber threat environment, insights from data analytics and business intelligence, plus a commitment to environmental and social responsibility and digital transformation strategies. Primary trends expected during this timeframe incorporate the widespread application of artificial intelligence (AI) and machine learning (ML), the broadening of edge computing, use of blockchain for secure and integral data, incorporation of 5G services, and the more sophisticated data analytics facilitated by AI-driven insights.
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What Are the Major Segments in the Managed Information Services Market?
The managed information services market covered in this report is segmented -
1) By Solution: Managed Networks, Managed Infrastructure, Managed Communication, Managed Security, Managed Data Center
2) By Function: Data Backup And Recovery, Network Monitoring And Security, Human Resource, System Management
3) By Deployment Mode: On-Premise, Cloud
4) By End-User: Energy And Utility, HealTH*Care, Financial, Manufacturing, Banking, Financial Services And Insurance (BFSI), Government, Information Technology (IT) And Telecommunications, Other End-Users
Subsegments:
1) By Managed Networks: Managed LAN (Local Area Network), Managed WAN (Wide Area Network), Managed SD-WAN (Software-Defined WAN), Managed VPN (Virtual Private Network), Managed WLAN (Wireless Local Area Network)
2) By Managed Infrastructure: Managed Servers, Managed Storage, Managed Cloud Infrastructure, Managed Virtualization, Managed Backup and Recovery
3) By Managed Communication: Managed VoIP (Voice Over Internet Protocol), Managed Unified Communications, Managed Email Services, Managed Collaboration Tools, Managed Video Conferencing
4) By Managed Security: Managed Firewall Services, Managed Intrusion Detection Or Prevention Systems (IDS Or IPS), Managed Endpoint Security, Managed Threat Detection And Response, Managed Identity And Access Management (IAM)
5) By Managed Data Center: Managed Colocation Services, Managed Hosting Services, Managed Cloud Hosting, Managed Disaster Recovery Services, Managed Backup And Data Storage
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What Are The Driving Managed Information Services Market Evolution?
The surging focus on cybersecurity is predicted to boost the expansion of the managed information services market in the future. The protective measures taken against unauthorized access, attacks, damage, or security breaches on computer systems, networks, and digital assets constitute cybersecurity. The mounting focus on cybersecurity stems from the escalating intricacy of cyberattacks, the spread of cybercrime, and the increasing attack surface owing to technological evolution. Managed information services (MIS) contribute significantly to cybersecurity by offering a proactive, holistic strategy for safeguarding data and information systems within organizations. For instance, as per data from IT Governance USA Inc., a provider of IT governance, risk management, and compliance solutions based in the US, the count of acknowledged breached records each month escalated from 2,306,294,320 in 2023 to 5,336,840,757 in 2024. Thus, the rising emphasis on cybersecurity is fueling the expansion of the managed information services market.
Which Firms Dominate The Managed Information Services Market Segments?
Major companies operating in the managed information services market are Microsoft Corporation, Verizon Communications Inc., Deutsche Telekom AG, Nippon Telegraph and Telephone Corporation, Dell Technologies Inc., accen*ture PLC, International Business Machines Corporation, Cisco Systems Inc., Orange Business Services, Hewlett-Packard Enterprise Company, Fujitsu Ltd., Nokia Solutions and Networks Oy, Tata Consultancy Services Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, CenturyLink Inc., VMware Inc., Atos SE, HCL Technologies Limited, Rackspace Inc., Wipro Ltd., BMC Software Inc., Unisys Corporation
What Trends Are Expected to Dominate the Managed Information Services Market in the Next 5 Years?
Leading companies in the managed information services sector are increasingly shifting their focus towards the creation of cutting-edge solutions like the Edge Platform. This is aimed at expanding AI applications in order to maintain a competitive advantage in the market. The Edge Platform is designed to provide enterprise support by hastening the scalability of AI deployments and fostering collaborative partner relationships to grow the private network market from start to finish. As an example, in February 2024, Intel Corporation, a tech firm from the United States, launched its fresh Edge Platform to upscale AI applications. Its objective is to alleviate the processes involved in the development, deployment and management of edge AI applications. By doing so, businesses are empowered to build, install, run, secure, and manage their edge and AI solutions efficiently at a large scale, mimicking the simplicity of the cloud. Through this platform, enterprises are given the ability to speed up the deployment scalability, reduce total cost of ownership (TCO), and achieve a higher return on investment.
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Which Is The Largest Region In The Managed Information Services Market?
North America was the largest region in the managed information services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed information services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Managed Information Services Market?
2. What is the CAGR expected in the Managed Information Services Market?
3. What Are the Key Innovations Transforming the Managed Information Services Industry?
4. Which Region Is Leading the Managed Information Services Market?
Why This Report Matters:
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