Managed Services Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global managed services market size was valued at USD 215.14 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12% from 2022 to 2028. The growth can be attributed to the outbreak of the COVID-19 pandemic, which has triggered the need for business automation as businesses are aggressively resorting to remote working. According to an NTT Ltd. commissioned report by IDG, almost 55% of the businesses are approaching managed service providers to opt for their value-added services and reduce security risks, which have increased multifold since the outbreak of the pandemic as employees are working remotely and business partners and customers are relying totally on electronic communication. 

 Company Profile

•   Accenture PLC
• Alcatel-Lucent Enterprise
• AT&T Inc.
• Avaya Inc.
• BMC Software, Inc.
• CA Technologies
• Cisco Systems, Inc.
• DXC Technology Company
• Ericsson
• Fujitsu Limited

Market Segmentation

The following segmentation are covered in this report:

By Deployment

• On-premise
• Cloud

By Type

• Managed Data Center
• Managed Security
• Managed Communications
• Managed Network
• Managed Infrastructure
• Managed Mobility​

By Enterprise Size

• Small and Medium Enterprises
• Large Enterprises

By End-user Vertical

• BFSI
• IT and Telecommunication
• Healthcare
• Entertainment and Media
• Retail
• Manufacturing
• Government
• Other End User Verticals

Scope of the Report

The research study analyzes the global Managed Services industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Managed Services Market Report

1. What was the Managed Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Managed Services Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Managed Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.