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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-premise, Cloud); By Enterprise Size (Large Enterprises, SME’s); By End User (IT & Telecom, BFSI, Manufacturing, Retail, Government, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
Managed Services Market Size 2023	USD 326,518.92 million
Managed Services Market , CAGR	7.02%
Managed Services Market Size 2032	USD 601,302.31 million

Market Overview

The global Managed Services Market is projected to grow from USD 326,518.92 million in 2023 to USD 601,302.31 million by 2032, registering a compound annual growth rate (CAGR) of 7.02% during the forecast period.

The global managed services market is driven by the increasing adoption of cloud-based solutions and the rising need for organizations to optimize operational efficiency while reducing costs. Businesses are leveraging managed services to enhance focus on core competencies, supported by rapid advancements in IT infrastructure and automation technologies. The growing prevalence of cybersecurity threats has further heightened demand for managed security services to ensure robust protection against evolving risks. Additionally, the proliferation of Internet of Things (IoT) devices and big data analytics has fueled the requirement for efficient data management solutions. Trends such as the integration of artificial intelligence (AI) and machine learning (ML) in managed services are enhancing predictive capabilities, while the emphasis on scalability and flexibility aligns with the dynamic needs of modern enterprises. The increasing inclination of small and medium-sized enterprises (SMEs) toward outsourcing IT functions is also contributing significantly to market growth.

The geographical analysis of the global managed services market highlights significant growth across regions, driven by increasing digital transformation and demand for advanced IT solutions. North America and Europe lead in adoption due to well-established IT infrastructure and early technological advancements, while Asia-Pacific emerges as the fastest-growing region, propelled by rapid digitization and government initiatives supporting cybersecurity and cloud adoption. Latin America and the Middle East & Africa are also witnessing steady growth as businesses prioritize outsourcing IT operations to enhance efficiency and reduce costs. Key players in the market include Cisco Systems, DXC Technology, Accenture, Fujitsu, HCL Technologies, and IBM, among others. These companies leverage advanced technologies like AI, automation, and cloud computing to offer tailored solutions, ensuring operational efficiency and security for businesses across various industries. Strategic collaborations, product innovation, and regional expansion are critical strategies employed by these players to maintain competitiveness in this dynamic market.

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Market Insights

The global managed services market is expected to grow from USD 326,518.92 million in 2023 to USD 601,302.31 million by 2032, at a CAGR of 7.02%.
Increasing adoption of cloud-based services is driving market growth, offering businesses scalability, flexibility, and cost-efficiency.
The demand for cybersecurity and compliance management solutions is rising, fueled by growing cyber threats and stricter regulatory requirements.
AI, automation, and cloud technologies are key trends transforming the managed services landscape, improving efficiency and reducing human intervention.
Intense competition among leading players like Cisco Systems, Accenture, and IBM, coupled with continuous innovation, is intensifying market dynamics.
High dependency on third-party providers and complexity in service customization and scalability are key market restraints.
North America and Europe hold significant market shares, while Asia-Pacific is the fastest-growing region, driven by increasing digitization and IT infrastructure development.

Market Drivers

Growing Adoption of Cloud-Based Solutions

The increasing adoption of cloud-based solutions is a significant driver of the global managed services market. Organizations are transitioning to cloud infrastructure to enhance scalability, reduce operational costs, and improve collaboration. Managed service providers (MSPs) play a crucial role in this transformation by offering expertise in cloud migration, deployment, and maintenance. As businesses continue to adopt hybrid and multi-cloud environments, the need for managed services to streamline operations and ensure seamless integration across platforms has grown exponentially. This trend has become even more prominent with the rising demand for remote work solutions, driving investments in cloud-driven managed services.

Rising Need for Cybersecurity and Risk Management

The escalating frequency and sophistication of cyberattacks have made cybersecurity a critical concern for organizations worldwide. Managed security services have emerged as a pivotal solution to protect businesses from data breaches, ransomware, and other threats. MSPs provide advanced threat detection, vulnerability assessments, and continuous monitoring to safeguard sensitive information and ensure compliance with regulatory standards. For instance, a study by the Danish Center for Cyber Security revealed that Danish companies are significantly investing in managed cybersecurity services to combat increasing cyber threats. The increasing reliance on digital systems and the proliferation of IoT devices have amplified security challenges, making managed services indispensable for maintaining robust cybersecurity measures.

Technological Advancements and Integration of AI

The integration of advanced technologies, such as artificial intelligence (AI) and automation, is transforming the managed services landscape. AI-powered tools enable MSPs to offer predictive analytics, automate repetitive tasks, and enhance service delivery. For instance, a study by the Confederation of Danish Industry indicated that many Danish businesses are adopting AI and automation technologies to improve efficiency and reduce operational costs. These capabilities not only improve efficiency but also allow organizations to address issues proactively. As digital transformation initiatives gain momentum, businesses are increasingly turning to managed services to stay competitive in a technology-driven market, further propelling industry growth.

Demand for Cost Efficiency and Operational Optimization

Cost efficiency and operational optimization are major factors driving the demand for managed services. Organizations seek to reduce the financial burden of maintaining in-house IT teams while achieving higher levels of productivity. By outsourcing IT functions to MSPs, businesses can access specialized expertise and advanced tools at a fraction of the cost. Additionally, managed services enable organizations to focus on their core competencies, allowing them to allocate resources strategically. This approach has proven especially beneficial for small and medium-sized enterprises (SMEs) looking to scale without incurring substantial overhead costs.

Market Trends

Growing Adoption Among SMEs and Emerging Economies

Small and medium-sized enterprises (SMEs) are increasingly adopting managed services to optimize IT operations without incurring substantial costs. By outsourcing IT functions, SMEs can access specialized expertise and advanced technologies, enabling them to scale their operations efficiently. For instance, a report by the World Economic Forum highlighted that digital transformation is critical for SMEs to remain competitive and that many are leveraging managed services to overcome resource constraints. Additionally, emerging economies in regions such as Asia-Pacific and Latin America are witnessing increased adoption of managed services, driven by rapid digitization, improving IT infrastructure, and growing awareness of the benefits of outsourcing IT functions. These trends collectively contribute to the robust expansion of the managed services market globally.

Growing Shift Towards Cloud-Based Managed Services

The increasing adoption of cloud computing has significantly influenced the growth of the managed services market. Organizations across various industries are migrating their operations to cloud platforms to enhance flexibility, scalability, and cost-efficiency. Managed service providers (MSPs) play a critical role in this transition by offering expertise in cloud migration, hybrid cloud management, and continuous monitoring. The demand for cloud-based managed services is further amplified by the rapid shift toward remote work, requiring businesses to implement seamless and secure cloud solutions. Additionally, the integration of Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (IaaS) models within managed services is providing businesses with customized and agile solutions tailored to their specific operational needs.

Rising Importance of Cybersecurity and Compliance Management

With the rise in sophisticated cyber threats, organizations are increasingly relying on managed services to ensure robust cybersecurity and maintain regulatory compliance. MSPs offer comprehensive managed security services, including advanced threat detection, incident response, and vulnerability management. The growing adoption of zero-trust security frameworks and endpoint protection solutions has further bolstered the demand for these services. Moreover, industries such as healthcare, finance, and retail, which are governed by stringent compliance requirements, depend on managed services to stay updated with regulatory standards while mitigating risks associated with non-compliance.

Integration of Artificial Intelligence and Automation

Technological advancements, particularly in artificial intelligence (AI) and automation, are transforming the managed services landscape. AI-powered analytics and predictive tools enable MSPs to proactively identify potential issues, automate repetitive tasks, and optimize service delivery. Automation technologies are reducing human intervention in routine operations, improving accuracy, and accelerating response times. These innovations are not only enhancing the efficiency of managed services but also empowering businesses to make data-driven decisions, ultimately driving better outcomes and fostering long-term partnerships between organizations and MSPs.

Market Challenges Analysis

High Dependency on Third-Party Providers

One of the primary challenges in the global managed services market is the significant dependency on third-party providers for critical IT operations. Businesses entrust managed service providers (MSPs) with key functions such as data management, network security, and cloud operations, which may expose them to risks if service delivery fails to meet expectations. For instance, a Deloitte survey revealed that 70% of organizations recognize an increase in risk due to their dependence on third-party providers. Factors such as provider downtime, inadequate service quality, or failure to adapt to rapidly evolving technologies can disrupt business continuity and compromise operational efficiency. Additionally, concerns regarding the lack of transparency in MSP operations and the potential for data breaches further hinder the widespread adoption of managed services. Organizations are increasingly cautious when selecting service providers, placing high emphasis on trust, reputation, and proven expertise, which can limit market growth in certain regions.

Complexity in Customization and Scalability

The need for highly customized solutions to address diverse industry requirements presents another significant challenge for the managed services market. Businesses demand tailored solutions that align with their specific operational goals, making it challenging for MSPs to provide standardized offerings at scale. Furthermore, as organizations expand, the scalability of managed services becomes a critical factor. Ensuring that services can seamlessly scale to meet the growing demands of large enterprises often requires substantial investment in advanced technologies, skilled resources, and robust infrastructure. The inability of smaller MSPs to meet these requirements may limit their competitiveness, while larger providers face challenges in maintaining consistent quality across multiple clients. Balancing customization with scalability and affordability remains a complex hurdle that managed service providers must address to ensure sustained growth in a competitive marketplace.

Market Opportunities

Expanding Adoption Among SMEs and Startups

The growing inclination of small and medium-sized enterprises (SMEs) and startups toward outsourcing IT operations presents significant opportunities for the global managed services market. SMEs often face challenges such as limited IT budgets, insufficient in-house expertise, and the need to focus on core business activities. Managed service providers (MSPs) address these concerns by offering cost-effective solutions that enhance operational efficiency, scalability, and security. The increasing availability of cloud-based managed services tailored to the specific needs of SMEs further strengthens this trend. Startups, particularly in emerging markets, are also leveraging managed services to accelerate digital transformation, enabling them to compete with larger enterprises by accessing advanced technologies and expertise.

Rising Demand in Emerging Markets and Niche Industries

Emerging economies in regions such as Asia-Pacific, Latin America, and the Middle East are witnessing rapid digitization and increasing investments in IT infrastructure, creating a fertile ground for the expansion of managed services. Businesses in these regions are increasingly adopting managed solutions to modernize their operations, ensure compliance, and enhance cybersecurity measures. Moreover, the rising adoption of managed services in niche industries such as healthcare, manufacturing, and logistics offers additional growth potential. The growing reliance on data-driven decision-making, automation, and IoT devices in these sectors has increased the demand for specialized managed services. As organizations seek innovative solutions to address evolving operational challenges, MSPs have a unique opportunity to diversify their offerings and capture untapped markets globally.

Market Segmentation Analysis:

By Service Type:

The global managed services market is segmented by service type into Managed IT Infrastructure & Data Center, Managed Network, Managed Communication & Collaboration, Managed Information, Managed Security, and Others. Among these, the Managed Security segment holds a prominent share due to the escalating risks of cyberattacks and the growing need for advanced threat detection and mitigation services. Managed IT Infrastructure & Data Center services are also witnessing significant demand as organizations increasingly adopt hybrid IT models to enhance scalability and efficiency. The Managed Communication & Collaboration segment is gaining traction, driven by the widespread adoption of remote and hybrid work models, necessitating seamless and secure communication solutions. The diversity in service offerings allows organizations to customize solutions based on operational priorities, ensuring robust market growth across industries.

By Deployment Type:

Based on deployment type, the market is categorized into On-Premise and Cloud. Cloud deployment leads the segment due to its scalability, flexibility, and cost-efficiency, making it an ideal choice for businesses undergoing digital transformation. Cloud-based managed services enable seamless remote access and integration across distributed systems, which is particularly advantageous for organizations with global operations. On-premise deployment, however, continues to hold relevance in industries with stringent compliance requirements or those dealing with sensitive data, such as healthcare and finance. The growing preference for hybrid deployment models, which combine the benefits of both on-premise and cloud solutions, is also shaping the managed services landscape, driving innovation and enhancing service delivery.

Segments:

Based on Service Type:

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

Based on Deployment Type:

On-premise
Cloud

Based on Enterprise Size:

Large Enterprises
SME’s

Based on End User:

IT & Telecom
BFSI
Manufacturing
Retail
Government
Others

Based on the Geography:

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- France
- Germany
- Italy
- Spain
- Russia
- Belgium
- Netherlands
- Austria
- Sweden
- Poland
- Denmark
- Switzerland
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Thailand
- Indonesia
- Vietnam
- Malaysia
- Philippines
- Taiwan
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Peru
- Chile
- Colombia
- Rest of Latin America
Middle East
- UAE
- KSA
- Israel
- Turkey
- Iran
- Rest of Middle East
Africa
- Egypt
- Nigeria
- Algeria
- Morocco
- Rest of Africa

Regional Analysis

North America

North America holds the largest market share in the global managed services market, accounting for over 35%. The dominance of this region is attributed to the early adoption of advanced technologies, well-established IT infrastructure, and a high concentration of managed service providers (MSPs). The United States, being a global technology leader, significantly contributes to market growth with its increasing reliance on managed services for optimizing business processes, improving cybersecurity, and enhancing operational efficiency. Sectors such as BFSI, healthcare, and retail are prominent adopters of managed services in this region due to stringent compliance requirements and the growing demand for cloud-based solutions. Additionally, the rising prevalence of remote work and hybrid work environments has further propelled the demand for managed IT and communication services in North America.

Europe

Europe represents approximately 25% of the global managed services market, positioning it as the second-largest region in terms of market share. The growth in this region is driven by the rapid digital transformation across industries and the increasing focus on cybersecurity and data privacy regulations, such as the General Data Protection Regulation (GDPR). Countries like Germany, the United Kingdom, and France are at the forefront of adopting managed services, leveraging them to modernize IT infrastructure and achieve operational excellence. The demand for cloud-based managed services has witnessed significant growth in Europe, fueled by the rising adoption of IoT devices and big data analytics. Furthermore, the region’s strong emphasis on sustainability is encouraging businesses to utilize managed services to optimize energy consumption and reduce carbon footprints.

Asia-Pacific

Asia-Pacific is the fastest-growing region in the managed services market, accounting for over 20% of the global share in 2023 and expected to expand at a significant rate during the forecast period. Rapid digitization, improving IT infrastructure, and the increasing adoption of cloud technologies are driving this growth. Countries like China, India, and Japan are leading the region’s adoption of managed services, supported by government initiatives promoting digital transformation and cybersecurity measures. The growing presence of SMEs, coupled with their increasing awareness of the benefits of outsourcing IT operations, is fueling market demand. The surge in e-commerce, fintech, and telecommunication sectors further boosts the adoption of managed network and security services in the region.

Latin America

Latin America, holding around 10% of the global market share, is emerging as a key region for managed services, driven by the increasing digitization of businesses and the need for cost-effective IT solutions. Countries like Brazil, Mexico, and Argentina are at the forefront of adopting managed services, particularly in sectors such as manufacturing, retail, and telecommunications. The region’s growing focus on enhancing cybersecurity and adopting cloud-based solutions presents significant opportunities for managed service providers. While challenges such as economic instability and skill shortages exist, the increasing penetration of advanced technologies and supportive government policies are creating a conducive environment for market expansion. Latin America’s managed services market is poised for steady growth as businesses recognize the value of outsourcing IT functions to improve efficiency and reduce costs.

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Key Player Analysis

Cisco Systems, Inc.
DXC Technology Company
Accenture
Atera Networks Ltd
BMC Software, Inc.
Broadcom
AT&T Inc.
Fujitsu
HCL Technologies Limited
HP Development Company, L.P.
International Business Machines Corporation
Lenovo
ScalePad Software Inc.
Telefonaktiebolaget LM Ericsson
Others

Competitive Analysis

The global managed services market is highly competitive, with leading players such as Cisco Systems, DXC Technology, Accenture, Atera Networks, BMC Software, Broadcom, AT&T, Fujitsu, HCL Technologies, HP Development, IBM, Lenovo, ScalePad, and Ericsson. These companies leverage their extensive expertise, strong customer bases, and technological advancements to maintain a dominant position in the market. Companies in this market focus on enhancing their service offerings by integrating advanced technologies such as cloud computing, AI, and automation to meet the growing demand for efficient, scalable solutions. For instance, a report by the Danish Agency for Digitisation highlighted that many Danish companies are adopting cloud solutions to enhance operational efficiency and reduce IT costs. Product innovation, coupled with an emphasis on cybersecurity and compliance management, plays a crucial role in differentiating service providers and attracting a diverse customer base. Competitive strategies also include expanding geographical presence, particularly in emerging markets, to capture new opportunities as businesses in these regions increasingly adopt digital transformation. Additionally, players are focusing on providing tailored services to meet the unique needs of industries like healthcare, BFSI, and telecommunications, where there is a strong demand for specialized managed solutions. However, the competition is intensified by the challenge of maintaining service quality while scaling operations and managing large deployments. The increasing complexity of customized solutions and the need for scalability further complicate the competitive landscape. Despite these challenges, continuous innovation and customer-centric approaches remain critical factors in maintaining competitiveness and driving growth in the managed services market.

Recent Developments

In January 2024, Accenture acquired NaviSite to strengthen its managed services offerings, particularly in application and infrastructure management. The acquisition will enhance Accenture’s ability to assist US and Canadian clients in modernizing their digital infrastructure, focusing on AI, cloud, and data-driven solutions for digital transformation.
In September 2024, TCS launched two AI-powered cybersecurity solutions — Managed Detection and Response (MDR) and Secure Cloud Foundation — in collaboration with Google Cloud. The MDR service was intended to offer continuous, managed threat detection and response, while Secure Cloud Foundation aimed to enhance cloud security posture and governance across hybrid environments. Both solutions leverage Google Cloud’s security tools to provide proactive enterprise protection.
In June 2024, DXC Technology and Dell partnered to establish Enterprise Intelligence Services (EIS). This service aimed to improve managed services by combining artificial intelligence, data analytics, and cloud technology. EIS’s multi-cloud strategy was expected to help organizations streamline operations, make smarter decisions, and improve customer experiences, proving DXC’s position as the leader in managed multi-cloud solutions.
In October 2023, technology services provider Logicalis launched an Intelligent Connectivity suite that includes solutions such as SASE, SSE, SD-WAN, and Private 5G powered by Cisco Systems, Inc. This will enable Logicalis customers to access digitally managed services developed using Cisco technology and supported by the Logicalis Digital Fabric Platform.
In September 2023, communications & technology solution provider Cloud5 Communications launched its new managed services division. The division is designed to support the IT-related requirements & challenges in various markets, such as the hospitality industry, student housing, and senior living, among others. This division will assist consumers in efficiently managing IT operations, technology infrastructures, and security.
In May 2023, Alfar Capital and Walter Capital Partners completed the acquisition of MSP Corp, a managed IT service provider in Canada. The MSP Corp would merge with Groupe Access, an MSP of IT and cybersecurity solutions. The acquisition would help company to deliver cutting-edge solutions and strengthen its position in Canada.
In January 2023, Rackspace Technology, a multi-cloud technology solutions provider, launched Rackspace Technology Modern Operations, a managed service for public cloud for customers across Azure, AWS, and GCP. The service will provide benefits including 24x7x365 managed support, cloud expertise, cloud resiliency, and innovation with cloud services which help the company’s customers manage complex cloud environments.

Market Concentration & Characteristics

The global managed services market exhibits a moderate to high level of concentration, with a few large players dominating the industry. These companies possess the resources and capabilities to offer comprehensive solutions across multiple service types, including IT infrastructure management, network services, cybersecurity, and cloud-based solutions. Despite the presence of several smaller players, the market is largely shaped by these key organizations that have the ability to scale operations and invest in technological advancements to stay competitive. The characteristics of the market are defined by rapid technological evolution and the increasing demand for customized, cost-effective solutions. As businesses increasingly prioritize digital transformation, managed services have become essential for organizations seeking to improve operational efficiency, reduce costs, and ensure cybersecurity. Cloud computing, AI, and automation are central to these services, enabling providers to offer scalable and flexible solutions tailored to the specific needs of businesses. Furthermore, the market is driven by factors such as the rise of remote work, regulatory compliance requirements, and the growing importance of data security. Additionally, market participants are increasingly focusing on customer-centric strategies, offering end-to-end solutions that align with business goals. This trend is reflected in the growing demand for managed services across diverse industries, including healthcare, finance, and retail, each with distinct needs that managed services providers must address to remain competitive in a dynamic market environment.

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 global managed services market is expected to continue its strong growth, driven by increasing digital transformation across industries.
Cloud adoption will remain a key driver, with businesses seeking more flexible, scalable, and cost-effective solutions.
Cybersecurity and data privacy concerns will increase demand for managed security services, particularly in regulated industries.
AI and automation technologies will play a crucial role in enhancing operational efficiency and reducing human intervention in managed services.
Managed services providers will increasingly focus on offering tailored, industry-specific solutions to meet the unique needs of businesses.
The rise of remote work and hybrid environments will continue to fuel demand for managed communication and collaboration services.
Emerging markets, particularly in Asia-Pacific and Latin America, will present significant growth opportunities for managed services adoption.
Strategic partnerships and acquisitions will intensify as companies seek to expand their service portfolios and global presence.
Increasing competition will drive continuous innovation in service offerings, pricing models, and customer support.
The growing need for real-time data analytics and insights will push the demand for managed information and business intelligence services.

CHAPTER NO. 1 : INTRODUCTION 28

1.1.1. Report Description 28

Purpose of the Report 28

USP & Key Offerings 28

1.1.2. Key Benefits for Stakeholders 28

1.1.3. Target Audience 29

1.1.4. Report Scope 29

1.1.5. Regional Scope 30

CHAPTER NO. 2 : EXECUTIVE SUMMARY 31

2.1. Managed Services Market Snapshot 31

2.1.1. Global Managed Services Market, 2018 – 2032 (USD Million) 32

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 33

3.1. Russia-Ukraine and Israel-Palestine War Impacts 33

CHAPTER NO. 4 : MANAGED SERVICES MARKET – INDUSTRY ANALYSIS 34

4.1. Introduction 34

4.2. Market Drivers 35

4.2.1. Driving Factor 1 Analysis 35

4.2.2. Driving Factor 2 Analysis 36

4.3. Market Restraints 37

4.3.1. Restraining Factor Analysis 37

4.4. Market Opportunities 38

4.4.1. Market Opportunity Analysis 38

4.5. Porter’s Five Force analysis 39

4.6. Value Chain Analysis 40

4.7. Buying Criteria 41

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 42

5.1. Company Market Share Analysis – 2023 42

5.1.1. Global Managed Services Market: Company Market Share, by Revenue, 2023 42

5.1.2. Global Managed Services Market: Top 6 Company Market Share, by Revenue, 2023 42

5.1.3. Global Managed Services Market: Top 3 Company Market Share, by Revenue, 2023 43

5.2. Global Managed Services Market Company Revenue Market Share, 2023 44

5.3. Company Assessment Metrics, 2023 45

5.3.1. Stars 45

5.3.2. Emerging Leaders 45

5.3.3. Pervasive Players 45

5.3.4. Participants 45

5.4. Start-ups /BFSI Assessment Metrics, 2023 45

5.4.1. Progressive Companies 45

5.4.2. Responsive Companies 45

5.4.3. Dynamic Companies 45

5.4.4. Starting Blocks 45

5.5. Strategic Developments 46

5.5.1. Acquisitions & Mergers 46

New Product Launch 46

Regional Expansion 46

5.6. Key Players Product Matrix 47

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 48

6.1. PESTEL 48

6.1.1. Political Factors 48

6.1.2. Economic Factors 48

6.1.3. Social Factors 48

6.1.4. Technological Factors 48

6.1.5. Environmental Factors 48

6.1.6. Legal Factors 48

6.2. Adjacent Market Analysis 48

CHAPTER NO. 7 : MANAGED SERVICES MARKET – BY SERVICE TYPE SEGMENT ANALYSIS 49

7.1. Managed Services Market Overview, by Service Type Segment 49

7.1.1. Managed Services Market Revenue Share, By Service Type, 2023 & 2032 50

7.1.2. Managed Services Market Attractiveness Analysis, By Service Type 51

7.1.3. Incremental Revenue Growth Opportunity, by Service Type, 2024 – 2032 51

7.1.4. Managed Services Market Revenue, By Service Type, 2018, 2023, 2027 & 2032 52

7.2. Managed IT Infrastructure & Data Center 53

7.2.1. Global Managed IT Infrastructure & Data Center Services Market Revenue, By Region, 2018 – 2023 (USD Million) 54

7.2.2. Global Managed IT Infrastructure & Data Center Market Revenue, By Region, 2024 – 2032 (USD Million) 54

7.3. Managed Network 55

7.3.1. Global Managed Network Services Market Revenue, By Region, 2018 – 2023 (USD Million) 56

7.3.2. Global Managed Network Services Market Revenue, By Region, 2024 – 2032 (USD Million) 56

7.4. Managed Communication & Collaboration 57

7.4.1. Global Managed Communication & Collaboration Services Market Revenue, By Region, 2018 – 2023 (USD Million) 58

7.4.2. Global Managed Communication & Collaboration Services Market Revenue, By Region, 2024 – 2032 (USD Million) 58

7.5. Managed Information 59

7.5.1. Global Managed Information Services Market Revenue, By Region, 2018 – 2023 (USD Million) 60

7.5.2. Global Managed Information Services Market Revenue, By Region, 2024 – 2032 (USD Million) 60

7.6. Managed Security 61

7.6.1. Global Managed Security Services Market Revenue, By Region, 2018 – 2023 (USD Million) 62

7.6.2. Global Managed Security Services Market Revenue, By Region, 2024 – 2032 (USD Million) 62

7.7. Others 63

7.7.1. Global Other Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 64

7.7.2. Global Other Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 64

CHAPTER NO. 8 : MANAGED SERVICES MARKET – BY DEPLOYMENT TYPE SEGMENT ANALYSIS 65

8.1. Managed Services Market Overview, by Deployment Type Segment 65

8.1.1. Managed Services Market Revenue Share, By Deployment Type, 2023 & 2032 66

8.1.2. Managed Services Market Attractiveness Analysis, By Deployment Type 67

8.1.3. Incremental Revenue Growth Opportunity, by Deployment Type, 2024 – 2032 67

8.1.4. Managed Services Market Revenue, By Deployment Type, 2018, 2023, 2027 & 2032 68

8.2. On-premise 69

8.2.1. Global On-premise Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 70

8.2.2. Global On-premise Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 70

8.3. Cloud 71

8.3.1. Global Cloud Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 72

8.3.2. Global Cloud Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 72

CHAPTER NO. 9 : MANAGED SERVICES MARKET – BY ENTERPRISE SIZE SEGMENT ANALYSIS 73

9.1. Managed Services Market Overview, by Enterprise Size Segment 73

9.1.1. Managed Services Market Revenue Share, By Enterprise Size, 2023 & 2032 74

9.1.2. Managed Services Market Attractiveness Analysis, By Enterprise Size 75

9.1.3. Incremental Revenue Growth Opportunity, by Enterprise Size, 2024 – 2032 75

9.1.4. Managed Services Market Revenue, By Enterprise Size, 2018, 2023, 2027 & 2032 76

9.2. Large Enterprises 77

9.2.1. Global Managed Services Market Revenue for Large Enterprises, By Region, 2018 – 2023 (USD Million) 78

9.2.2. Global Managed Services Market Revenue for Large Enterprises, By Region, 2024 – 2032 (USD Million) 78

9.3. SMEs 79

9.3.1. Global Managed Services Market Revenue for SMEs, By Region, 2018 – 2023 (USD Million) 80

9.3.2. Global Managed Services Market Revenue for SMEs, By Region, 2024 – 2032 (USD Million) 80

CHAPTER NO. 10 : MANAGED SERVICES MARKET – BY END USER SEGMENT ANALYSIS 81

10.1. Managed Services Market Overview, by End User Segment 81

10.1.1. Managed Services Market Revenue Share, By End User, 2023 & 2032 82

10.1.2. Managed Services Market Attractiveness Analysis, By End User 83

10.1.3. Incremental Revenue Growth Opportunity, by End User, 2024 – 2032 83

10.1.4. Managed Services Market Revenue, By End User, 2018, 2023, 2027 & 2032 84

10.2. IT & Telecom 85

10.2.1. Global IT & Telecom Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 86

10.2.2. Global IT & Telecom Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 86

10.3. BFSI 87

10.3.1. Global BFSI Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 88

10.3.2. Global BFSI Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 88

10.4. Manufacturing 89

10.4.1. Global Manufacturing Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 90

10.4.2. Global Manufacturing Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 90

10.5. Retail 91

10.5.1. Global Retail Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 92

10.5.2. Global Retail Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 92

10.6. Government 93

10.6.1. Global Government Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 94

10.6.2. Global Government Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 94

10.8. Others 95

10.8.1. Global Others Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 96

10.8.2. Global Others Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 96

CHAPTER NO. 11 : MANAGED SERVICES MARKET – REGIONAL ANALYSIS 97

11.1. Managed Services Market Overview, by Regional Segments 97

11.2. Region 98

11.2.1. Global Managed Services Market Revenue Share, By Region, 2023 & 2032 98

11.2.2. Managed Services Market Attractiveness Analysis, By Region 99

11.2.3. Incremental Revenue Growth Opportunity, by Region, 2024 – 2032 99

11.2.4. Managed Services Market Revenue, By Region, 2018, 2023, 2027 & 2032 100

11.2.5. Global Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 101

11.2.6. Global Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 101

11.3. Service Type 102

11.4. Global Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 102

11.5. Global Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 102

11.6. Deployment Type 103

11.7. Global Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 103

11.7.1. Global Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 103

11.8. Enterprise Size 104

11.9. Global Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 104

11.9.1. Global Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 104

11.10. End User 105

11.10.1. Global Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 105

11.10.2. Global Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 105

CHAPTER NO. 12 : MANAGED SERVICES MARKET – NORTH AMERICA 106

12.1. North America 106

12.1.1. Key Highlights 106

12.1.2. North America Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 107

12.2. Service Type 108

12.3. North America Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 108

12.4. North America Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 108

12.5. Deployment Type 109

12.6. North America Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 109

12.6.1. North America Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 109

12.7. Enterprise Size 110

12.8. North America Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 110

12.8.1. North America Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 110

12.9. End User 111

12.9.1. North America Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 111

12.9.2. North America Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 111

12.10. U.S. 112

12.11. Canada 112

12.12. Mexico 112

CHAPTER NO. 13 : MANAGED SERVICES MARKET – EUROPE 113

13.1. Europe 113

13.1.1. Key Highlights 113

13.1.2. Europe Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 114

13.2. Service Type 115

13.3. Europe Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 115

13.4. Europe Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 115

13.5. Deployment Type 116

13.6. Europe Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 116

13.6.1. Europe Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 116

13.7. Enterprise Size 117

13.8. Europe Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 117

13.8.1. Europe Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 117

13.9. End User 118

13.9.1. Europe Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 118

13.9.2. Europe Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 118

13.10. UK 119

13.11. France 119

13.12. Germany 119

13.13. Italy 119

13.14. Spain 119

13.15. Russia 119

13.16. Belgium 119

13.17. Netherland 119

13.18. Austria 119

13.19. Sweden 119

13.20. Poland 119

13.21. Denmark 119

13.22. Switzerland 119

13.23. Rest of Europe 119

CHAPTER NO. 14 : MANAGED SERVICES MARKET – ASIA PACIFIC 120

14.1. Asia Pacific 120

14.1.1. Key Highlights 120

14.1.2. Asia Pacific Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 121

14.2. Service Type 122

14.3. Asia-Pacific Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 122

14.4. Asia-Pacific Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 122

14.5. Deployment Type 123

14.6. Asia-Pacific Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 123

14.6.1. Asia-Pacific Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 123

14.7. Enterprise Size 124

14.8. Asia-Pacific Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 124

14.8.1. Asia-Pacific Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 124

14.9. End User 125

14.9.1. Asia-Pacific Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 125

14.9.2. Asia-Pacific Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 125

14.10. China 126

14.11. Japan 126

14.12. South Korea 126

14.13. India 126

14.14. Australia 126

14.15. Thailand 126

14.16. Indonesia 126

14.17. Vietnam 126

14.18. Malaysia 126

14.19. Philippines 126

14.20. Taiwan 126

14.21. Rest of Asia Pacific 126

CHAPTER NO. 15 : MANAGED SERVICES MARKET – LATIN AMERICA 127

15.1. Latin America 127

15.1.1. Key Highlights 127

15.1.2. Latin America Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 128

15.2. Service Type 129

15.3. Latin America Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 129

15.4. Latin America Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 129

15.5. Deployment Type 130

15.6. Latin America Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 130

15.6.1. Latin America Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 130

15.7. Enterprise Size 131

15.8. Latin America Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 131

15.8.1. Latin America Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 131

15.9. End User 132

15.9.1. Latin America Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 132

15.9.2. Latin America Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 132

15.10. Brazil 133

15.11. Argentina 133

15.12. Peru 133

15.13. Chile 133

15.14. Colombia 133

15.15. Rest of Latin America 133

CHAPTER NO. 16 : MANAGED SERVICES MARKET – MIDDLE EAST 134

16.1. Middle East 134

16.1.1. Key Highlights 134

16.2. Service Type 135

16.3. Middle East Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 135

16.4. Middle East Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 135

16.5. Deployment Type 136

16.6. Middle East Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 136

16.6.1. Middle East Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 136

16.7. Enterprise Size 137

16.8. Middle East Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 137

16.8.1. Middle East Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 137

16.9. End User 138

16.9.1. Middle East Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 138

16.9.2. Middle East Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 138

16.10. UAE 139

16.11. KSA 139

16.12. Israel 139

16.13. Turkey 139

16.14. Iran 139

16.15. Rest of Middle East 139

CHAPTER NO. 17 : MANAGED SERVICES MARKET – AFRICA 140

17.1. Africa 140

17.1.1. Key Highlights 140

17.1.2. Africa Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 141

17.2. Service Type 142

17.3. Africa Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 142

17.4. Africa Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 142

17.5. Deployment Type 143

17.6. Africa Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 143

17.6.1. Africa Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 143

17.7. Enterprise Size 144

17.8. Africa Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 144

17.8.1. Africa Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 144

17.9. End User 145

17.9.1. Africa Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 145

17.9.2. Africa Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 145

17.10. Egypt 146

17.11. Nigeria 146

17.12. Algeria 146

17.13. Morocco 146

17.14. Rest of Africa 146

CHAPTER NO. 18 : COMPANY PROFILES 147

18.1. Cisco Systems, Inc. 147

18.1.1. Company Overview 147

18.1.2. Product Portfolio 147

18.1.3. Swot Analysis 147

18.1.4. Business Strategy 148

18.1.5. Financial Overview 148

18.2. DXC Technology Company 149

18.3. Accenture 149

18.4. Atera Networks Ltd 149

18.5. BMC Software, Inc 149

18.6. Broadcom 149

18.7. AT&T Inc. 149

18.8. Fujitsu 149

18.9. HCL Technologies Limited 149

18.10. HP Development Company, L.P. 149

18.11. International Business Machines Corporation 149

18.12. Lenovo 149

18.13. ScalePad Software Inc. 149

18.14. Telefonaktiebolaget LM Ericsson 149

18.15. Others 149

List of Figures

FIG NO. 1. Global Managed Services Market Revenue, 2018 – 2032 (USD Million) 32

FIG NO. 2. Porter’s Five Forces Analysis for Global Managed Services Market 39

FIG NO. 3. Value Chain Analysis for Global Managed Services Market 40

FIG NO. 4. Company Share Analysis, 2023 42

FIG NO. 5. Company Share Analysis, 2023 42

FIG NO. 6. Company Share Analysis, 2023 43

FIG NO. 7. Managed Services Market – Company Revenue Market Share, 2023 44

FIG NO. 8. Managed Services Market Revenue Share, By Service Type, 2023 & 2032 50

FIG NO. 9. Market Attractiveness Analysis, By Service Type 51

FIG NO. 10. Incremental Revenue Growth Opportunity by Service Type, 2024 – 2032 51

FIG NO. 11. Managed Services Market Revenue, By Service Type, 2018, 2023, 2027 & 2032 52

FIG NO. 12. Global Managed Services Market for Managed IT Infrastructure & Data Center, Revenue (USD Million) 2018 – 2032 53

FIG NO. 13. Global Managed Network Services Market, Revenue (USD Million) 2018 – 2032 55

FIG NO. 14. Global Managed Communication & Collaboration Services Market, Revenue (USD Million) 2018 – 2032 57

FIG NO. 15. Global Managed Information Services Market, Revenue (USD Million) 2018 – 2032 59

FIG NO. 16. Global Managed Security Services Market, Revenue (USD Million) 2018 – 2032 61

FIG NO. 17. Global Other Managed Services Market, Revenue (USD Million) 2018 – 2032 63

FIG NO. 18. Managed Services Market Revenue Share, By Deployment Type, 2023 & 2032 66

FIG NO. 19. Market Attractiveness Analysis, By Deployment Type 67

FIG NO. 20. Incremental Revenue Growth Opportunity by Deployment Type, 2024 – 2032 67

FIG NO. 21. Managed Services Market Revenue, By Deployment Type, 2018, 2023, 2027 & 2032 68

FIG NO. 22. Global Managed Services Market for On-premise, Revenue (USD Million) 2018 – 2032 69

FIG NO. 23. Global Managed Services Market for Cloud, Revenue (USD Million) 2018 – 2032 71

FIG NO. 24. Managed Services Market Revenue Share, By Enterprise Size, 2023 & 2032 74

FIG NO. 25. Market Attractiveness Analysis, By Enterprise Size 75

FIG NO. 26. Incremental Revenue Growth Opportunity by Enterprise Size, 2024 – 2032 75

FIG NO. 27. Managed Services Market Revenue, By Enterprise Size, 2018, 2023, 2027 & 2032 76

FIG NO. 28. Global Managed Services Market for Large Enterprises, Revenue (USD Million) 2018 – 2032 77

FIG NO. 29. Global Managed Services Market for SMEs, Revenue (USD Million) 2018 – 2032 79

FIG NO. 30. Managed Services Market Revenue Share, By End User, 2023 & 2032 82

FIG NO. 31. Market Attractiveness Analysis, By End User 83

FIG NO. 32. Incremental Revenue Growth Opportunity by End User, 2024 – 2032 83

FIG NO. 33. Managed Services Market Revenue, By End User, 2018, 2023, 2027 & 2032 84

FIG NO. 34. Global Managed Services Market for IT & Telecom, Revenue (USD Million) 2018 – 2032 85

FIG NO. 35. Global Managed Services Market for BFSI, Revenue (USD Million) 2018 – 2032 87

FIG NO. 36. Global Managed Services Market for Manufacturing, Revenue (USD Million) 2018 – 2032 89

FIG NO. 37. Global Managed Services Market for Retail, Revenue (USD Million) 2018 – 2032 91

FIG NO. 38. Global Managed Services Market for Government, Revenue (USD Million) 2018 – 2032 93

FIG NO. 39. Global Managed Services Market for Others, Revenue (USD Million) 2018 – 2032 95

FIG NO. 40. Global Managed Services Market Revenue Share, By Region, 2023 & 2032 98

FIG NO. 41. Market Attractiveness Analysis, By Region 99

FIG NO. 42. Incremental Revenue Growth Opportunity by Region, 2024 – 2032 99

FIG NO. 43. Managed Services Market Revenue, By Region, 2018, 2023, 2027 & 2032 100

FIG NO. 44. North America Managed Services Market Revenue, 2018 – 2032 (USD Million) 106

FIG NO. 45. Europe Managed Services Market Revenue, 2018 – 2032 (USD Million) 113

FIG NO. 46. Asia Pacific Managed Services Market Revenue, 2018 – 2032 (USD Million) 120

FIG NO. 47. Latin America Managed Services Market Revenue, 2018 – 2032 (USD Million) 127

FIG NO. 48. Middle East Managed Services Market Revenue, 2018 – 2032 (USD Million) 134

FIG NO. 49. Africa Managed Services Market Revenue, 2018 – 2032 (USD Million) 140

List of Tables

TABLE NO. 1. : Global Managed Services Market: Snapshot 31

TABLE NO. 2. : Drivers for the Managed Services Market: Impact Analysis 35

TABLE NO. 3. : Restraints for the Managed Services Market: Impact Analysis 37

TABLE NO. 4. : Global Managed IT Infrastructure & Data Center Market Revenue, By Region, 2018 – 2023 (USD Million) 54

TABLE NO. 5. : Global Managed IT Infrastructure & Data Center Market Revenue, By Region, 2024 – 2032 (USD Million) 54

TABLE NO. 6. : Global Managed Network Services Market Revenue, By Region, 2018 – 2023 (USD Million) 56

TABLE NO. 7. : Global Managed Network Services Market Revenue, By Region, 2024 – 2032 (USD Million) 56

TABLE NO. 8. : Global Managed Communication & Collaboration Services Market Revenue, By Region, 2018 – 2023 (USD Million) 58

TABLE NO. 9. : Global Managed Communication & Collaboration Services Market Revenue, By Region, 2024 – 2032 (USD Million) 58

TABLE NO. 10. : Global Managed Information Services Market Revenue, By Region, 2018 – 2023 (USD Million) 60

TABLE NO. 11. : Global Managed Information Services Market Revenue, By Region, 2024 – 2032 (USD Million) 60

TABLE NO. 12. : Global Managed Security Services Market Revenue, By Region, 2018 – 2023 (USD Million) 62

TABLE NO. 13. : Global Managed Network Services Market Revenue, By Region, 2024 – 2032 (USD Million) 62

TABLE NO. 14. : Global Other Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 64

TABLE NO. 15. : Global Other Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 64

TABLE NO. 16. : Global On-premise Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 70

TABLE NO. 17. : Global On-premise Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 70

TABLE NO. 18. : Global Cloud Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 72

TABLE NO. 19. : Global Cloud Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 72

TABLE NO. 20. : Global Large Enterprises Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 78

TABLE NO. 21. : Global Large Enterprises Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 78

TABLE NO. 22. : Global Managed Services Market Revenue for SMEs, By Region, 2018 – 2023 (USD Million) 80

TABLE NO. 23. : Global Managed Services Market Revenue for SMEs, By Region, 2024 – 2032 (USD Million) 80

TABLE NO. 24. : Global IT & Telecom Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 86

TABLE NO. 25. : Global IT & Telecom Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 86

TABLE NO. 26. : Global BFSI Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 88

TABLE NO. 27. : Global BFSI Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 88

TABLE NO. 28. : Global Manufacturing Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 90

TABLE NO. 29. : Global Manufacturing Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 90

TABLE NO. 30. : Global Retail Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 92

TABLE NO. 31. : Global Retail Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 92

TABLE NO. 32. : Global Government Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 94

TABLE NO. 33. : Global Government Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 94

TABLE NO. 34. : Global Others Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 96

TABLE NO. 35. : Global Others Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 96

TABLE NO. 36. : Global Managed Services Market Revenue, By Region, 2018 – 2023 (USD Million) 101

TABLE NO. 37. : Global Managed Services Market Revenue, By Region, 2024 – 2032 (USD Million) 101

TABLE NO. 38. : Global Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 102

TABLE NO. 39. : Global Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 102

TABLE NO. 40. : Global Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 103

TABLE NO. 41. : Global Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 103

TABLE NO. 42. : Global Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 104

TABLE NO. 43. : Global Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 104

TABLE NO. 44. : Global Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 105

TABLE NO. 45. : Global Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 105

TABLE NO. 46. : North America Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 107

TABLE NO. 47. : North America Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 107

TABLE NO. 48. : North America Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 108

TABLE NO. 49. : North America Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 108

TABLE NO. 50. : North America Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 109

TABLE NO. 51. : North America Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 109

TABLE NO. 52. : North America Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 110

TABLE NO. 53. : North America Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 110

TABLE NO. 54. : North America Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 111

TABLE NO. 55. : North America Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 111

TABLE NO. 56. : Europe Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 114

TABLE NO. 57. : Europe Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 114

TABLE NO. 58. : Europe Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 115

TABLE NO. 59. : Europe Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 115

TABLE NO. 60. : Europe Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 116

TABLE NO. 61. : Europe Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 116

TABLE NO. 62. : Europe Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 117

TABLE NO. 63. : Europe Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 117

TABLE NO. 64. : Europe Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 118

TABLE NO. 65. : Europe Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 118

TABLE NO. 66. : Asia Pacific Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 121

TABLE NO. 67. : Asia Pacific Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 121

TABLE NO. 68. : Asia-Pacific Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 122

TABLE NO. 69. : Asia-Pacific Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 122

TABLE NO. 70. : Asia-Pacific Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 123

TABLE NO. 71. : Asia-Pacific Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 123

TABLE NO. 72. : Asia-Pacific Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 124

TABLE NO. 73. : Asia-Pacific Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 124

TABLE NO. 74. : Asia-Pacific Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 125

TABLE NO. 75. : Asia-Pacific Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 125

TABLE NO. 76. : Latin America Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 128

TABLE NO. 77. : Latin America Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 128

TABLE NO. 78. : Latin America Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 129

TABLE NO. 79. : Latin America Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 129

TABLE NO. 80. : Latin America Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 130

TABLE NO. 81. : Latin America Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 130

TABLE NO. 82. : Latin America Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 131

TABLE NO. 83. : Latin America Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 131

TABLE NO. 84. : Latin America Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 132

TABLE NO. 85. : Latin America Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 132

TABLE NO. 86. : Middle East Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 135

TABLE NO. 87. : Middle East Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 135

TABLE NO. 88. : Middle East Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 136

TABLE NO. 89. : Middle East Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 136

TABLE NO. 90. : Middle East Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 137

TABLE NO. 91. : Middle East Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 137

TABLE NO. 92. : Middle East Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 138

TABLE NO. 93. : Middle East Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 138

TABLE NO. 94. : Africa Managed Services Market Revenue, By Country, 2018 – 2023 (USD Million) 141

TABLE NO. 95. : Africa Managed Services Market Revenue, By Country, 2024 – 2032 (USD Million) 141

TABLE NO. 96. : Africa Managed Services Market Revenue, By Service Type, 2018 – 2023 (USD Million) 142

TABLE NO. 97. : Africa Managed Services Market Revenue, By Service Type, 2024 – 2032 (USD Million) 142

TABLE NO. 98. : Africa Managed Services Market Revenue, By Deployment Type, 2018 – 2023 (USD Million) 143

TABLE NO. 99. : Africa Managed Services Market Revenue, By Deployment Type, 2024 – 2032 (USD Million) 143

TABLE NO. 100. : Africa Managed Services Market Revenue, By Enterprise Size, 2018 – 2023 (USD Million) 144

TABLE NO. 101. : Africa Managed Services Market Revenue, By Enterprise Size, 2024 – 2032 (USD Million) 144

TABLE NO. 102. : Africa Managed Services Market Revenue, By End User, 2018 – 2023 (USD Million) 145

TABLE NO. 103. : Africa Managed Services Market Revenue, By End User, 2024 – 2032 (USD Million) 145

Frequently Asked Questions

What is the current size of the Global Managed Services market?

The global managed services market is projected to grow from USD 326,518.92 million in 2023 to USD 601,302.31 million by 2032, registering a compound annual growth rate (CAGR) of 7.02% during the forecast period.

What factors are driving the growth of the Global Managed Services market?

Key drivers include the increasing adoption of cloud-based solutions, rising demand for cybersecurity and risk management, and the need for cost efficiency and operational optimization. Additionally, advancements in artificial intelligence (AI), automation, and the integration of Internet of Things (IoT) devices are transforming the managed services landscape, further boosting demand

What are the key segments within the Global Managed Services market?

The market is segmented by service type into Managed IT Infrastructure & Data Center, Managed Network, Managed Communication & Collaboration, Managed Information, Managed Security, and Others. By deployment type, it is categorized into On-premise and Cloud, with Cloud deployment leading due to its scalability and flexibility. The market also segments by enterprise size (Large Enterprises and SMEs) and end users, including IT & Telecom, BFSI, Manufacturing, Retail, and Government.

What are some challenges faced by the Global Managed Services market?

Challenges include high dependency on third-party providers, which poses risks such as service disruptions and data breaches. Additionally, the complexity of delivering customized and scalable solutions across diverse industries and regions can limit the ability of service providers to meet growing demands efficiently.

Who are the major players in the Global Managed Services market?

Key players include Cisco Systems, DXC Technology, Accenture, Fujitsu, HCL Technologies, IBM, AT&T, Lenovo, Broadcom, and BMC Software. These companies focus on leveraging advanced technologies like cloud computing, AI, and automation to deliver innovative and tailored managed service solutions across various industries globally.

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