Press release
Global IT Managed Services Market to Grow CAGR of 8.38% during the forecast period (2017-2023) – Research Nester
IT managed services are used to optimize the budget of IT organizations. These services further serve various purposes such as flexible delivery of IT services to end-user client. In addition to that, IT managed services also help an organization to formulate a time saving, efficient and productive working model to enhance outputs by reducing operational cost. Further, these managed services are used to manage, monitor and solve the issues related to the business.
Global IT Managed Services Market is expected to register a CAGR of 8.38% over the forecast period. Moreover, the global IT managed services market was valued at USD 138.6 Billion in 2016. Factors such as positive growth in IT industry, growing digitalization and increasing penetration of smartphone users are expected to drive the growth of IT managed services market.
North-America accounted for the highest share in global IT managed services market in 2016. Further, North-America IT managed services market is projected to flourish at a CAGR of 7.29% over the forecast period. Factors such as positive growth in IT sector, growing concern towards business compliance, advancement in IT resources and infrastructure are increasing the need for IT managed services in the region.
Request Report Sample@ https://www.researchnester.com/sample-request/2/rep-id-336
Asia-Pacific IT managed services market is showcased to grow at a significant rate over the forecast period. Further, Asia-Pacific is forecasted to account for the highest market share by the end of 2023. The expansion of IT sector in Asia-Pacific is one of the major reasons which are expected to upsurge the demand for IT managed services over the next five to six years.
Enhanced connectivity infrastructure
Rising connectivity between businesses and consumers through various platforms is anticipated to create spiked demand for IT managed services in the next few years. Further, technological advancement in internet connectivity is expected to accelerate the growth of IT managed services market during the forecast period.
Request For TOC Here: https://www.researchnester.com/customize-request/rep-id-336
Rising Demand in Various End Use Industries
Increasing digitization in various end use industries such as healthcare, retail, BFSI, IT & ITES sector and other is anticipated to foster the growth of IT managed services market. Moreover, various sectors such as corporates and others are adopting smart infrastructure to boost the productivity of the employee. This factor is envisioned to strengthen the market of IT managed services over the forecast period. Although, high cost of advanced IT software and hardware and rising data safety and privacy concerns are some of the major factors that are likely to hamper the growth of the IT managed services market in the near future.
The report titled “IT Managed Services Market : Global Demand Analysis & Opportunity Outlook 2023” delivers detailed overview of the global IT managed services market in terms of market segmentation by services type, by end-use application, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Buy Premium Report Now @ https://www.researchnester.com/payment/rep-id-336
This report also provides the existing competitive scenario of some of the key players of the global IT managed services market which includes company profiling of Siemens Corporation, Dell Technologies, IBM Corporation, Alcatel Lucent, Microsoft Corporation, Cisco Systems Inc., Hewlett Packard Enterprise and Accenture. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global IT managed services market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
For more details visit @ https://www.researchnester.com/reports/it-managed-services-market-global-demand-analysis-opportunity-outlook-2023/336
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
Name:- Ajay Daniel
1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
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 Global IT Managed Services Market to Grow CAGR of 8.38% during the forecast period (2017-2023) – Research Nester here
News-ID: 931192 • Views: …
More Releases from Research Nester Pvt Ltd
Lutein and Zeaxanthin Market - Key Players, Capability Assessment & M&A Indicato …
The lutein and zeaxanthin market has expanded steadily as demand for eye-health supplements, functional foods, and preventive nutrition increases across global consumer segments. Lutein and zeaxanthin, two essential carotenoids concentrated in the retina, are widely recognized for their protective roles against oxidative stress, age-related macular degeneration (AMD), blue-light exposure, and general visual fatigue. Their adoption has accelerated with the rise of digital lifestyles, an aging population, and growing clinical evidence…
Top Companies in Atrial Fibrillation Market - Benchmarking Performance & Future …
The atrial fibrillation market is undergoing a period of rapid transformation as diagnostic technologies, catheter-based therapies, and antiarrhythmic solutions continue to advance. Atrial fibrillation (AFib) is one of the most prevalent cardiac arrhythmias globally, prompting significant demand for improved detection, early intervention, and minimally invasive treatment. The shift toward advanced ablation systems, AI-enabled diagnostics, wearable monitoring, and next-generation electro-mapping tools has strengthened competition across the market. Companies are expanding their…
Conductive Textiles Market - Top Companies, SWOT Deep Dive & Capital Flow Trends
The conductive textiles market is undergoing a rapid transformation as wearable electronics, smart apparel, and advanced sensor-integrated fabrics move from niche applications to mainstream adoption. Conductive textiles-engineered using conductive polymers, metal-coated fibers, or intrinsically conductive yarns-have become integral to next-generation healthcare wearables, military gear, automotive interiors, and consumer smart devices. As industries push for lighter, flexible, and more energy-efficient electronic systems, conductive materials embedded within fabrics are emerging as a…
Global Osteosynthesis Devices Market: Top Companies, Market Share Rankings & Inv …
The osteosynthesis devices market continues to evolve as orthopedic care moves toward minimally invasive procedures, biologically compatible materials, and technology-enabled implants. These devices-ranging from plates and screws to intramedullary nails and fixation systems-are essential for treating fractures, deformities, and complex bone injuries. Companies operating in this space are adopting strategies centered around product innovation, clinical efficacy, and expansion into fast-growing regions. As trauma care volumes rise in both developed and…
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,…
