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$282 Billion Managed Services Market - Global Forecast to 2023 - ResearchAndMarkets.com

November 6, 2018

DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Managed Services Market by Service Type (Managed Security Services, Managed Network Services, Managed IT Infrastructure and Data Center Services), Vertical, Organization Size, Deployment Type, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global managed service market is expected to grow from USD 180.5 billion in 2018 to USD 282.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period.

The manages services size is driven by various factors, such as the increasing dependence of organizations on IT assets to enhance their business productivity and the need for specialized managed service providers who can offer cost-effective managed services. However, the increasing number of compliances and regulations among different regions can hinder the growth of the market.

In recent years, the importance of information security has grown many fold. The rising number of cybercrimes are challenging organizations to upkeep data security, and growing threat landscapes have made it difficult for organizations to manage security considerations by themselves. To combat these situations, organizations are taking the help of managed service providers who can provide advanced information protection measures against frauds and security breaches.

Telecom and IT companies are facing aggressive competition and continuously struggling to retain their existing customers. The increasing use of mobile data services and smartphones has put telecom and IT companies under the pressure to constantly innovate their service offerings and extend the scope of their business model. The huge amount of personal data managed on smartphones and the growing number of regulatory compliances are forcing the telecom and IT companies to adhere to these rules. Hence, enterprises from this vertical are turning toward managed service providers to secure their data and manage the associated risks.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Managed Services Market Overview and Industry Trends

6 Managed Services Market, By Service Type

7 Managed Services Market, By Managed Security Service

8 Managed Services Market, By Managed Network Service

9 Managed Services Market, By Managed IT Infrastructure and Data Center Service

10 Managed Services Market, By Managed Communication and Collaboration Service

11 Managed Services Market, By Managed Mobility Service

12 Managed Services Market, By Managed Information Service

13 Managed Services Market, By Vertical

14 Managed Services Market, By Organization Size

15 Managed Services Market, By Deployment Type

16 Managed Services Market, By Region

17 Competitive Landscape

18 Company Profiles

Accenture AT&T ATOS SE Capgemini Cisco Cognizant Cycops Dataprise Dimension Data DXC Technology Ericsson Fujitsu GTT Communications Happiest Minds HCL Huawei IBM Infosys Netmagic Nokia Networks Rackspace TCS Tech Mahindra Unisys Wipro

For more information about this report visit https://www.researchandmarkets.com/research/x2jqj9/282_billion?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005488/en/

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Related Topics:Computing Services

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY PROFESSIONAL SERVICES CONSULTING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/06/2018 07:10 AM/DISC: 11/06/2018 07:10 AM

http://www.businesswire.com/news/home/20181106005488/en

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