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Latin America and Europe Managed Services Market By Service Type (Managed IT Infrastructure & Data Center, Managed Network, Managed Communication & Collaboration, Managed Information, Managed Security, Others); By Deployment Type (On-premises, Cloud); By Enterprise Size (Large Enterprises, Small and Medium Businesses (SMBs), Mid-market, Small Enterprises); By End User (IT & Telecom, BFSI, Manufacturing, Retail, Government, Healthcare, Professional Services, Others); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Latin America and Europe Managed Services Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2025-10-15
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Latin America and Europe Managed Services Market

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Market Overview

The Latin America and Europe Managed Services Market was valued at USD 32,159.84 million in 2018 and reached USD 64,858.51 million in 2024. It is anticipated to attain USD 181,756.19 million by 2032, expanding at a CAGR of 12.81% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Latin America and Europe Managed Services Market Size 2024	USD 64,858.51 Million
Latin America and Europe Managed Services Market, CAGR	12.81%
Latin America and Europe Managed Services Market Size 2032	USD 181,756.19 Million

The Latin America and Europe Managed Services Market is led by major players such as Accenture PLC, IBM Corporation, Cisco Systems Inc., Fujitsu Ltd., HCL Technologies, DXC Technology, Telefonaktiebolaget L M Ericsson, and Tata Consultancy Services (TCS). These companies dominate through comprehensive service portfolios covering cloud management, cybersecurity, and infrastructure optimization. Among the regions, Europe holds the largest market share of 62%, driven by strong digital transformation initiatives and stringent data security regulations. Latin America, accounting for 38% of the market, is rapidly expanding due to rising IT outsourcing demand in countries like Mexico, Chile, and Colombia, supported by increasing cloud adoption and enterprise modernization efforts.

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Market Insights

The Latin America and Europe Managed Services Market was valued at USD 32,159.84 million in 2018, reached USD 64,858.51 million in 2024, and is projected to attain USD 181,756.19 million by 2032, expanding at a CAGR of 12.81% during the forecast period.
Market growth is primarily driven by the increasing demand for digital transformation, cloud migration, and cybersecurity services among enterprises across multiple industries.
Key trends include the integration of AI and automation into managed service offerings, growing adoption of hybrid cloud infrastructure, and the rising focus on cost-efficient IT operations.
The market is highly competitive, with major players such as Accenture, IBM, Cisco, Fujitsu, HCL Technologies, DXC Technology, Ericsson, and TCS leading through advanced technology capabilities and global delivery models.
Regionally, Europe holds a dominant 62% share due to mature IT infrastructure, while Latin America, with 38%, shows robust growth driven by expanding outsourcing and modernization initiatives.

Market Segmentation Analysis:

By Service Type:

The Managed IT Infrastructure & Data Center segment dominated the Latin America and Europe Managed Services Market in 2024, accounting for over 32% of the total market share. The dominance of this segment stems from the growing demand for efficient data storage, network optimization, and business continuity solutions. Organizations are increasingly outsourcing infrastructure management to reduce operational costs and enhance scalability. Furthermore, the rise in cloud-based data centers and the integration of automation and AI-driven analytics are reinforcing the adoption of managed IT infrastructure services across both regions.

For instance, Accenture’s Cloud First initiative, launched with a $3 billion investment, aims to accelerate clients’ move to cloud and digital transformation, highlighting the growing emphasis on cloud infrastructure services.

By Deployment Type:

The cloud-based deployment segment held the largest market share of approximately 58% in 2024, surpassing on-premises models due to its flexibility, scalability, and cost efficiency. Enterprises are shifting toward cloud-managed services to optimize resources and improve accessibility across distributed work environments. The growth of hybrid cloud ecosystems and the increasing reliance on Software-as-a-Service (SaaS) platforms are further fueling adoption. In Latin America and Europe, digital transformation initiatives and robust investments in cloud security infrastructure continue to strengthen this segment’s dominance during the forecast period.

For instance, IBM’s software revenue reached $6.5 billion in Q3 2024, marking a 9.7% year-over-year increase, driven by demand for its hybrid cloud and AI offerings.

By Enterprise Size:

Large enterprises led the market with a share exceeding 45% in 2024, as they prioritize managed services to streamline complex IT operations and x`ensure compliance across multiple geographies. These organizations rely heavily on managed security, data center, and cloud management services to enhance productivity and safeguard digital assets. Meanwhile, small and medium businesses (SMBs) are emerging as a fast-growing segment due to their increasing adoption of cost-effective managed network and communication solutions. Government support for digitalization and cloud adoption among SMBs is also accelerating market penetration in this category.

Key Growth Drivers

Growing Adoption of Cloud Computing and Hybrid IT Infrastructure

The rapid shift toward cloud computing and hybrid IT environments is a primary growth driver for the Latin America and Europe Managed Services Market. Organizations are increasingly adopting managed cloud solutions to enhance agility, reduce capital expenditure, and streamline IT operations. The growing need for scalable infrastructure and seamless data integration across multiple platforms has encouraged businesses to partner with managed service providers (MSPs). This trend is further strengthened by the expansion of data centers and increasing reliance on AI-enabled monitoring tools to optimize network performance.

For instance, IBM helped Banco do Brasil migrate core banking services to a hybrid cloud, enabling faster data processing and enhanced security controls.

Rising Focus on Cybersecurity and Compliance Management

The escalating frequency of cyber threats and stringent data protection regulations, such as GDPR in Europe, are propelling demand for managed security services. Enterprises are prioritizing advanced security frameworks, including threat intelligence, endpoint protection, and identity management, to safeguard digital assets. Managed service providers play a crucial role in offering continuous threat monitoring and compliance support. This heightened focus on security and regulatory compliance has made cybersecurity management one of the most sought-after service categories in both Latin America and Europe.

For instance, IBM’s managed security services monitor over 150 billion security events each day in more than 130 countries.

Increasing Demand for Cost Efficiency and Operational Optimization

Enterprises are turning to managed services to control rising IT expenses and improve operational efficiency. By outsourcing infrastructure management, network maintenance, and data operations, companies can focus on core business objectives while reducing overhead costs. This trend is particularly significant among mid-sized organizations seeking predictable service costs and minimal downtime. The ability of managed service providers to deliver customized, subscription-based solutions that align with business needs continues to drive market growth across multiple industry verticals.

Key Trends and Opportunities

Expansion of AI and Automation in Managed Services

Artificial intelligence (AI) and automation are transforming the managed services landscape by enabling predictive analytics, self-healing systems, and proactive issue resolution. Service providers are leveraging AI-driven tools to enhance decision-making, reduce manual intervention, and ensure higher service reliability. Automation in network monitoring, incident response, and customer support not only improves efficiency but also reduces response time. The integration of AI-powered analytics presents a significant opportunity for MSPs to deliver more intelligent, value-added services to clients across Latin America and Europe.

For instance, Telefónica has integrated AI-powered automation in its network management across Latin America, achieving a 30% reduction in manual support tickets through automated troubleshooting.

Growth of Managed Cloud and Edge Computing Solutions

The rising demand for real-time data processing and low-latency applications is fueling the adoption of managed cloud and edge computing services. Businesses are increasingly deploying hybrid cloud models that combine on-premises systems with public and private clouds for flexibility and security. Managed service providers offering integrated cloud and edge management solutions are gaining strong traction, especially in sectors such as telecom, healthcare, and manufacturing. This trend represents a lucrative opportunity for market players to expand their offerings in high-growth digital ecosystems.

For instance, Microsoft introduced Azure Arc, enabling organizations to centrally manage servers and Kubernetes clusters across on-premises, multi-cloud, and edge environments, serving over 10,000 customers globally as of late 2024.

Key Challenges

Shortage of Skilled IT Professionals

A persistent shortage of skilled IT professionals poses a major challenge to the managed services market in Latin America and Europe. As businesses increasingly adopt advanced technologies like AI, automation, and cloud computing, the demand for specialized technical expertise continues to outpace supply. This talent gap limits service scalability and affects delivery timelines. Many managed service providers are addressing this issue by investing in workforce training and remote operations centers; however, the regional disparity in IT skill development remains a significant barrier to sustained growth.

Integration Complexity with Legacy Systems

Integrating managed services with existing legacy infrastructure remains a significant challenge for many enterprises. Older IT systems often lack compatibility with modern cloud and automation technologies, leading to operational inefficiencies and increased migration costs. Businesses face difficulties in maintaining data consistency and ensuring seamless interoperability across hybrid environments. Managed service providers must invest in advanced integration tools and customized transition strategies to overcome these challenges. Addressing legacy compatibility issues is essential for ensuring the smooth execution of digital transformation initiatives across both regions.

Regional Analysis

Latin America

Latin America accounted for 38% of the total market share in 2024, driven by growing digital transformation initiatives and the rising adoption of cloud and security services across major economies. Mexico led the regional market due to strong enterprise demand for managed IT infrastructure and data center services. Chile and Colombia followed closely, supported by government investments in digital infrastructure and expanding telecom sectors. Argentina and Uruguay are witnessing increasing adoption of managed communication and collaboration services as businesses prioritize operational efficiency and remote work enablement across industries.

Europe

Europe dominated the Latin America and Europe Managed Services Market in 2024 with a 62% market share, supported by a mature IT ecosystem and stringent cybersecurity regulations driving managed security adoption. Spain remains the leading market, propelled by rapid cloud integration and strong enterprise digitalization strategies. Portugal is emerging as a key growth hub with increasing investments in cloud-native solutions and AI-driven managed services. The region’s focus on automation, regulatory compliance, and hybrid cloud deployment continues to reinforce its leadership in the managed services landscape.

Market Segmentations:

By Service Type

Managed IT Infrastructure & Data Center
Managed Network
Managed Communication & Collaboration
Managed Information
Managed Security
Others

By Deployment Type

On-premises
Cloud

By Enterprise Size

Large Enterprises
Small and Medium Businesses (SMBs)
Mid-market
Small Enterprises

By End User

IT & Telecom
BFSI (Banking, Financial Services, and Insurance)
Manufacturing
Retail
Government
Healthcare
Professional Services
Others

By Region

Latin America

- Mexico
- Uruguay
- Argentina
- Chile
- Colombia

Europe

- Spain
- Portugal

Competitive Landscape

The competitive landscape of the Latin America and Europe Managed Services Market is characterized by the presence of major global players such as Accenture PLC, IBM Corporation, Cisco Systems Inc., Fujitsu Ltd., HCL Technologies, DXC Technology, Telefonaktiebolaget L M Ericsson, and Tata Consultancy Services (TCS). These companies maintain strong market positions through diversified service portfolios, extensive regional presence, and strategic partnerships. The market is highly competitive, with players focusing on expanding managed cloud, cybersecurity, and AI-driven automation solutions to enhance client value. Local and regional firms, including Globant, Sonda, Indra Sistemas, Novabase, and Everis (NTT DATA), are strengthening their market foothold through niche offerings and sector-specific solutions. Mergers, acquisitions, and collaborations remain key strategies to improve technological capabilities and broaden service coverage. Additionally, the integration of automation, analytics, and hybrid cloud infrastructure continues to drive innovation, intensifying competition across both regions.

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Key Player Analysis

Accenture PLC
Cisco Systems Inc.
IBM Corporation
HCL Technologies
Fujitsu Ltd.
DXC Technology
Telefonaktiebolaget L M Ericsson
Tata Consultancy Services (TCS)

Recent Developments

On October 14, 2025, BLS International inaugurated a new Visa Application Centre in Argentina, marking its expansion into Latin America. This move aims to enhance its presence and service capabilities in the region.
On May 7, 2025, AWS announced plans to invest $4 billion to establish its first data centers and cloud infrastructure in Chile, marking its third cloud region in Latin America. The project is expected to be operational by the second half of 2026.
On January 29, 2025, CoreX entered into a definitive agreement to acquire Volteo Digital, a leader in the Latin America and EMEA markets. This acquisition aims to expand CoreX’s global coverage of the ServiceNow ecosystem.
On August 14, 2025, Kinly and Yorktel announced a strategic merger, forming a new workplace experience and collaboration provider. The combined entity aims to enhance managed services and expand offerings across AV, UCC, and UCaaS solutions.

Report Coverage

The research report offers an in-depth analysis based on Service Type, Deployment Type, Enterprise Size, End User and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The market is expected to witness strong growth driven by increasing digital transformation initiatives across enterprises.
Cloud-based managed services will continue to dominate, supported by hybrid IT infrastructure adoption.
Demand for managed cybersecurity services will rise due to growing regulatory compliance and data protection requirements.
Large enterprises will remain the primary consumers, while SMBs are expected to adopt managed services at a faster pace.
Integration of AI and automation will enhance service efficiency and predictive analytics capabilities.
Industry-specific managed solutions will create new opportunities across BFSI, healthcare, and retail sectors.
Regional expansion of service providers in emerging Latin American markets will strengthen market penetration.
Investments in cloud-native and edge computing solutions will accelerate adoption in Europe and Latin America.
Partnerships, mergers, and acquisitions will remain key strategies for competitive advantage.
Focus on cost optimization and operational efficiency will drive continued enterprise reliance on managed services.

CHAPTER NO. 1 : INTRODUCTION 21
1.1. Report Description 21
Purpose of the Report 21
USP & Key Offerings 21
1.2. Key Benefits for Stakeholders 21
1.3. Target Audience 22
1.4. Report Scope 22
CHAPTER NO. 2 : EXECUTIVE SUMMARY 23
2.1. Latin America and Europe Managed Services Market Snapshot 23
2.2. Latin America and Europe Managed Services Market, 2018 – 2035 (USD Million) 24
CHAPTER NO. 3 : LATIN AMERICA AND EUROPE MANAGED SERVICES MARKET – INDUSTRY ANALYSIS 25
3.1. Introduction 25
3.2. Market Drivers 26
3.3. Growing adoption of cloud computing and hybrid IT infrastructure 26
3.4. Increasing emphasis on cybersecurity and regulatory compliance 27
3.5. Market Restraints 28
3.6. Shortage of skilled IT professionals in Latin America and Europe 28
3.7. Market Opportunities 29
3.8. Market Opportunity Analysis 29
3.9. Porter’s Five Forces Analysis 30
CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 31
4.1. Company Market Share Analysis – 2024 31
4.1.1. Latin America and Europe Managed Services Market: Company Market Share, by Revenue, 2024 31
4.1.2. Latin America and Europe Managed Services Market: Top 6 Company Market Share, by Revenue, 2024 32
4.2. Mexico Managed Services Market Company Revenue Market Share, 2024 33
4.3. Uruguay Managed Services Market Company Revenue Market Share, 2024 34
4.4. Argentina Managed Services Market Company Revenue Market Share, 2024 35
4.5. Chile Managed Services Market Company Revenue Market Share, 2024 36
4.6. Colombia Managed Services Market Company Revenue Market Share, 2024 37
4.7. Spain Managed Services Market Company Revenue Market Share, 2024 38
4.8. Portugal Managed Services Market Company Revenue Market Share, 2024 39
4.9. Key Player Strategies 40
4.9.1. Mergers, Acquisitions & Partnerships 40
4.9.2. Product & Service Launches 40
4.10. Company Assessment Metrics, 2024 41
4.10.1. Stars 41
4.10.2. Emerging Leaders 41
4.10.3. Pervasive Players 41
4.10.4. Participants 41
4.11. Start-ups /SMEs Assessment Metrics, 2024 41
4.11.1. Progressive Companies 41
4.11.2. Responsive Companies 41
4.11.3. Dynamic Companies 41
4.11.4. Starting Blocks 41
4.12. Strategic Developments 42
4.12.1. Acquisitions & Mergers 42
New Product Launch 42
Regional Expansion 42
4.13. Key Players Product Matrix 43
CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 44
5.1. PESTEL 44
5.1.1. Political Factors 44
5.1.2. Economic Factors 44
5.1.3. Social Factors 44
5.1.4. Technological Factors 44
5.1.5. Environmental Factors 44
5.1.6. Legal Factors 44
5.2. Adjacent Market Analysis 44
CHAPTER NO. 6 : LATIN AMERICA AND EUROPE MANAGED SERVICES MARKET – BY SERVICE TYPE SEGMENT ANALYSIS 45
6.1. Latin America and Europe Managed Services Market Overview, by Service Type Segment 45
6.1.1. Latin America and Europe Managed Services Market Revenue Share, By Service Type, 2024 & 2035 46
6.1.2. Latin America and Europe Managed Services Market Attractiveness Analysis, By Service Type 47
6.1.3. Incremental Revenue Growth Opportunity, by Service Type, 2025 – 2035 47
6.1.4. Latin America and Europe Managed Services Market Revenue, By Service Type, 2018, 2023, 2027 & 2032 48
6.2. Managed IT Infrastructure & Data Center 49
6.3. Managed Network 50
6.4. Managed Communication & Collaboration 51
6.5. Managed Information 52
6.6. Managed Security 53
6.7. Others 54
CHAPTER NO. 7 : LATIN AMERICA AND EUROPE MANAGED SERVICES MARKET – BY DEPLOYMENT TYPE SEGMENT ANALYSIS 55
7.1. Latin America and Europe Managed Services Market Overview, by Deployment Type Segment 55
7.1.1. Latin America and Europe Managed Services Market Revenue Share, By Deployment Type, 2024 & 2035 56
7.1.2. Latin America and Europe Managed Services Market Attractiveness Analysis, By Deployment Type 57
7.1.3. Incremental Revenue Growth Opportunity, by Deployment Type, 2025 – 2035 57
7.1.4. Latin America and Europe Managed Services Market Revenue, By Deployment Type, 2018, 2023, 2027 & 2032 58
7.2. On-premises 59
7.3. Cloud 60
CHAPTER NO. 8 : LATIN AMERICA AND EUROPE MANAGED SERVICES MARKET – BY ENTERPRISE SIZE SEGMENT ANALYSIS 61
8.1. Latin America and Europe Managed Services Market Overview, by Enterprise Size Segment 61
8.1.1. Latin America and Europe Managed Services Market Revenue Share, By End-user, 2024 & 2035 62
8.1.2. Latin America and Europe Managed Services Market Attractiveness Analysis, By End-user 63
8.1.3. Incremental Revenue Growth Opportunity, by End-user, 2025 – 2035 63
8.1.4. Latin America and Europe Managed Services Market Revenue, By End-user, 2018, 2023, 2027 & 2032 64
8.2. Large Enterprises 65
8.3. SMB 66
8.4. Mid-market 67
8.5. Small Enterprise 68
CHAPTER NO. 9 : LATIN AMERICA AND EUROPE MANAGED SERVICES MARKET – BY END USER SEGMENT ANALYSIS 69
9.1. Latin America and Europe Managed Services Market Overview, by End User Segment 69
9.1.1. Latin America and Europe Managed Services Market Revenue Share, By End User, 2024 & 2035 70
9.1.2. Latin America and Europe Managed Services Market Attractiveness Analysis, By End User 71
9.1.3. Incremental Revenue Growth Opportunity, by End User, 2025 – 2035 71
9.1.4. Latin America and Europe Managed Services Market Revenue, By End User, 2018, 2023, 2027 & 2032 72
9.2. IT & Telecom 73
9.3. BFSI 74
9.4. Manufacturing 75
9.5. Retail 76
9.6. Government 77
9.7. Healthcare 78
9.8. Professional services 79
9.9. Others 80
CHAPTER NO. 10 : LATIN AMERICA MANAGED SERVICES MARKET – LATIN AMERICA 81
10.1. Latin America 81
10.1.1. Key Highlights 81
10.1.2. Latin America Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 82
10.2. Service Type 83
10.2.1. Latin America Managed Services Market Revenue, By Service Type, 2018 – 2025 (USD Million) 83
10.2.2. Latin America Managed Services Market Revenue, By Service Type, 2026 – 2035 (USD Million) 84
10.3. Deployment Type 85
10.3.1. Latin America Managed Services Market Revenue, By Deployment Type, 2018 – 2025 (USD Million) 85
10.3.2. Latin America Managed Services Market Revenue, By Deployment Type, 2026 – 2035 (USD Million) 85
10.4. Enterprise Size 86
10.4.1. Latin America Managed Services Market Revenue, By Enterprise Size, 2018 – 2025 (USD Million) 86
10.4.2. Latin America Managed Services Market Revenue, By Enterprise Size, 2026 – 2035 (USD Million) 86
10.5. End User 87
10.5.1. Latin America Managed Services Market Revenue, By End User, 2018 – 2025 (USD Million) 87
10.5.2. Latin America Managed Services Market Revenue, By End User, 2026 – 2035 (USD Million) 87
CHAPTER NO. 11 : EUROPE MANAGED SERVICES MARKET – EUROPE 88
11.1. Europe 88
11.1.1. Key Highlights 88
11.1.2. Europe Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 89
11.2. Service Type 90
11.2.1. Europe Managed Services Market Revenue, By Service Type, 2018 – 2025 (USD Million) 90
11.2.2. Europe Managed Services Market Revenue, By Service Type, 2026 – 2035 (USD Million) 91
11.3. Deployment Type 92
11.3.1. Europe Managed Services Market Revenue, By Deployment Type, 2018 – 2025 (USD Million) 92
11.3.2. Europe Managed Services Market Revenue, By Deployment Type, 2026 – 2035 (USD Million) 92
11.4. Enterprise Size 93
11.4.1. Europe Managed Services Market Revenue, By Enterprise Size, 2018 – 2025 (USD Million) 93
11.4.2. Europe Managed Services Market Revenue, By Enterprise Size, 2026 – 2035 (USD Million) 93
11.5. End User 94
11.5.1. Europe Managed Services Market Revenue, By End User, 2018 – 2025 (USD Million) 94
11.5.2. Europe Managed Services Market Revenue, By End User, 2026 – 2035 (USD Million) 94
CHAPTER NO. 12 : COMPANY PROFILES 95
12.1. Accenture PLC 95
12.1.1. Company Overview 95
12.1.2. Product Portfolio 95
12.1.3. Swot Analysis 95
12.2. Business Strategy 96
12.3. Financial Overview 96
• Mexico 97
12.4. Accenture PLC 97
12.5. Cisco Systems Inc. 97
12.6. IBM Corporation 97
12.7. HCL Technologies 97
12.8. Fujitsu Ltd. 97
12.9. DXC Technology 97
12.10. Telefonaktiebolaget L M Ericsson 97
• Uruguay 97
12.11. Netgate 97
12.12. Antel 97
12.13. Tilsor 97
12.14. Arnaldo C. Castro S.A. 97
12.15. Stealth Agents 97
12.16. Tata Consultancy Services (TCS) Uruguay 97
12.17. Globant 97
• Argentina 97
12.18. Globant 97
12.19. Mercado Libre 97
12.20. Tata Consultancy Services (TCS) Argentina 97
12.21. Accenture Argentina 97
12.22. IBM Argentina 97
12.23. MercadoPago 97
12.24. Baufest 97
• Chile 97
12.25. Sonda 97
12.26. Adexus 97
12.27. IBM Chile 97
12.28. Entel 97
12.29. TIVIT Chile 97
12.30. Softys 97
12.31. Everis Chile 97
• Colombia 97
12.32. Sonda Colombia 97
12.33. TIVIT Colombia 97
12.34. IBM Colombia 98
12.35. Globant Colombia 98
12.36. Emblue 98
12.37. Eficiencia IT 98
12.38. BairesDev Colombia 98
• Spain 98
12.39. Indra Sistemas 98
12.40. Atos Spain 98
12.41. Everis (NTT DATA) 98
12.42. Telefonica 98
12.43. Deloitte Spain 98
12.44. Accenture Spain 98
12.45. Sopra Steria Spain 98
• Portugal 98
12.46. Novabase 98
12.47. Critical Software 98
12.48. OutSystems 98
12.49. Altran Portugal (Capgemini) 98
12.50. Noesis 98
12.51. Accenture Portugal 98
12.52. Everis Portugal 98

List of Figures
FIG NO. 1. Latin America and Europe Managed Services Market Revenue, 2018 – 2035 (USD Million) 24
FIG NO. 2. Porter’s Five Forces Analysis for Latin America and Europe Managed Services Market 30
FIG NO. 3. Company Share Analysis, 2024 31
FIG NO. 4. Company Share Analysis, 2024 32
FIG NO. 5. Mexico Managed Services Market – Company Revenue Market Share, 2024 33
FIG NO. 6. Uruguay Managed Services Market – Company Revenue Market Share, 2024 34
FIG NO. 7. Argentina Managed Services Market – Company Revenue Market Share, 2024 35
FIG NO. 8. Chile Managed Services Market – Company Revenue Market Share, 2024 36
FIG NO. 9. Colombia Managed Services Market – Company Revenue Market Share, 2024 37
FIG NO. 10. Spain Managed Services Market – Company Revenue Market Share, 2024 38
FIG NO. 11. Portugal Managed Services Market – Company Revenue Market Share, 2024 39
FIG NO. 12. Latin America and Europe Managed Services Market Revenue Share, By Service Type, 2024 & 2035 46
FIG NO. 13. Market Attractiveness Analysis, By Service Type 47
FIG NO. 14. Incremental Revenue Growth Opportunity by Service Type, 2025 – 2035 47
FIG NO. 15. Latin America and Europe Managed Services Market Revenue, By Service Type, 2018, 2023, 2027 & 2032 48
FIG NO. 16. Latin America and Europe Managed Services Market for Managed IT Infrastructure & Data Center, Revenue (USD Million) 2018 – 2035 49
FIG NO. 17. Latin America and Europe Managed Services Market for Managed Network, Revenue (USD Million) 2018 – 2035 50
FIG NO. 18. Latin America and Europe Managed Services Market for Managed Communication & Collaboration, Revenue (USD Million) 2018 – 2035 51
FIG NO. 19. Latin America and Europe Managed Services Market for Managed Information, Revenue (USD Million) 2018 – 2035 52
FIG NO. 20. Latin America and Europe Managed Services Market for Managed Security, Revenue (USD Million) 2018 – 2035 53
FIG NO. 21. Latin America and Europe Managed Services Market for Others, Revenue (USD Million) 2018 – 2035 54
FIG NO. 22. Latin America and Europe Managed Services Market Revenue Share, By Deployment Type, 2024 & 2035 56
FIG NO. 23. Market Attractiveness Analysis, By Deployment Type 57
FIG NO. 24. Incremental Revenue Growth Opportunity by Deployment Type, 2025 – 2035 57
FIG NO. 25. Latin America and Europe Managed Services Market Revenue, By Deployment Type, 2018, 2023, 2027 & 2032 58
FIG NO. 26. Latin America and Europe Managed Services Market for On-premises, Revenue (USD Million) 2018 – 2035 59
FIG NO. 27. Latin America and Europe Managed Services Market for Cloud, Revenue (USD Million) 2018 – 2035 60
FIG NO. 28. Latin America and Europe Managed Services Market Revenue Share, By End-user, 2024 & 2035 62
FIG NO. 29. Market Attractiveness Analysis, By End-user 63
FIG NO. 30. Incremental Revenue Growth Opportunity by End-user, 2025 – 2035 63
FIG NO. 31. Latin America and Europe Managed Services Market Revenue, By End-user, 2018, 2023, 2027 & 2032 64
FIG NO. 32. Latin America and Europe Managed Services Market for Large Enterprises, Revenue (USD Million) 2018 – 2035 65
FIG NO. 33. Latin America and Europe Managed Services Market for SMB, Revenue (USD Million) 2018 – 2035 66
FIG NO. 34. Latin America and Europe Managed Services Market for Mid-market, Revenue (USD Million) 2018 – 2035 67
FIG NO. 35. Latin America and Europe Managed Services Market for Small Enterprise, Revenue (USD Million) 2018 – 2035 68
FIG NO. 36. Latin America and Europe Managed Services Market Revenue Share, By End User, 2024 & 2035 70
FIG NO. 37. Market Attractiveness Analysis, By End User 71
FIG NO. 38. Incremental Revenue Growth Opportunity by End User, 2025 – 2035 71
FIG NO. 39. Latin America and Europe Managed Services Market Revenue, By End User, 2018, 2023, 2027 & 2032 72
FIG NO. 40. Latin America and Europe Managed Services Market for IT & Telecom, Revenue (USD Million) 2018 – 2035 73
FIG NO. 41. Latin America and Europe Managed Services Market for BFSI, Revenue (USD Million) 2018 – 2035 74
FIG NO. 42. Latin America and Europe Managed Services Market for Manufacturing, Revenue (USD Million) 2018 – 2035 75
FIG NO. 43. Latin America and Europe Managed Services Market for Retail, Revenue (USD Million) 2018 – 2035 76
FIG NO. 44. Latin America and Europe Managed Services Market for Government, Revenue (USD Million) 2018 – 2035 77
FIG NO. 45. Latin America and Europe Managed Services Market for Healthcare, Revenue (USD Million) 2018 – 2035 78
FIG NO. 46. Latin America and Europe Managed Services Market for Professional services, Revenue (USD Million) 2018 – 2035 79
FIG NO. 47. Latin America and Europe Managed Services Market for Others, Revenue (USD Million) 2018 – 2035 80
FIG NO. 48. Latin America Managed Services Market Revenue, 2018 – 2032 (USD Million) 81
FIG NO. 49. Europe Managed Services Market Revenue, 2018 – 2032 (USD Million) 88

List of Tables
TABLE NO. 1. : Latin America and Europe Managed Services Market: Snapshot 23
TABLE NO. 2. : Drivers for the Latin America and Europe Managed Services Market: Impact Analysis 26
TABLE NO. 3. : Restraints for the Latin America and Europe Managed Services Market: Impact Analysis 28
TABLE NO. 4. : Latin America Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 82
TABLE NO. 5. : Latin America Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 82
TABLE NO. 6. : Latin America Managed Services Market Revenue, By Service Type, 2018 – 2025 (USD Million) 83
TABLE NO. 7. : Latin America Managed Services Market Revenue, By Service Type, 2026 – 2035 (USD Million) 84
TABLE NO. 8. : Latin America Managed Services Market Revenue, By Deployment Type, 2018 – 2025 (USD Million) 85
TABLE NO. 9. : Latin America Managed Services Market Revenue, By Deployment Type, 2026 – 2035 (USD Million) 85
TABLE NO. 10. : Latin America Managed Services Market Revenue, By Enterprise Size, 2018 – 2025 (USD Million) 86
TABLE NO. 11. : Latin America Managed Services Market Revenue, By Enterprise Size, 2025 – 2035 (USD Million) 86
TABLE NO. 12. : Latin America Managed Services Market Revenue, By End User, 2018 – 2025 (USD Million) 87
TABLE NO. 13. : Latin America Managed Services Market Revenue, By End User, 2025 – 2035 (USD Million) 87
TABLE NO. 14. : Europe Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 89
TABLE NO. 15. : Europe Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 89
TABLE NO. 16. : Europe Managed Services Market Revenue, By Service Type, 2018 – 2025 (USD Million) 90
TABLE NO. 17. : Europe Managed Services Market Revenue, By Service Type, 2026 – 2035 (USD Million) 91
TABLE NO. 18. : Europe Managed Services Market Revenue, By Deployment Type, 2018 – 2025 (USD Million) 92
TABLE NO. 19. : Europe Managed Services Market Revenue, By Deployment Type, 2026 – 2035 (USD Million) 92
TABLE NO. 20. : Europe Managed Services Market Revenue, By Enterprise Size, 2018 – 2025 (USD Million) 93
TABLE NO. 21. : Europe Managed Services Market Revenue, By Enterprise Size, 2025 – 2035 (USD Million) 93
TABLE NO. 22. : Europe Managed Services Market Revenue, By End User, 2018 – 2025 (USD Million) 94
TABLE NO. 23. : Europe Managed Services Market Revenue, By End User, 2025 – 2035 (USD Million) 94

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Frequently Asked Questions

What is the current market size for Latin America and Europe Managed Services market, and what is its projected size in 2032?

The Latin America and Europe Managed Services market was valued at USD 64,858.51 million in 2024 and is projected to reach USD 181,756.19 million by 2032.

At what Compound Annual Growth Rate is the Latin America and Europe Managed Services market projected to grow between 2025 and 2032?

The Latin America and Europe Managed Services market is expected to grow at a CAGR of 12.81% during the forecast period.

Which Latin America and Europe Managed Services market segment held the largest share in 2024?

The Managed IT Infrastructure & Data Center segment held the largest share of over 32% in 2024 in the Latin America and Europe Managed Services market.

What are the primary factors fueling the growth of the Latin America and Europe Managed Services market?

Growth is driven by cloud adoption, hybrid IT infrastructure, cybersecurity demand, and digital transformation initiatives in the Latin America and Europe Managed Services market.

Who are the leading companies in the Latin America and Europe Managed Services market?

Key players include Accenture PLC, IBM Corporation, Cisco Systems Inc., Fujitsu Ltd., HCL Technologies, DXC Technology, Ericsson, and Tata Consultancy Services (TCS).

Which region commanded the largest share of the Latin America and Europe Managed Services market in 2024?

Europe led the Latin America and Europe Managed Services market with a 62% share in 2024.

About Author

Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

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