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Emerging Asia-Pacific Managed Service Provider Services Forecast Report 2018-2019 & 2023 - ResearchAndMarkets.com

May 28, 2019

DUBLIN--(BUSINESS WIRE)--May 28, 2019--

The “The Managed Service Provider Services: Emerging Asia-Pacific Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

Managed service providers (MSPs) have a large and rapidly expanding revenue opportunity. We expect that MSPs will account for 8% of the USD600 billion ICT market in emerging Asia-Pacific by 2023. This report provides forecsts for nine different ICT service categories for MSPs, with more-granular detail on the three most important service categories for MSPs: IT and managed services, infrastructure and business applications.

This report provides:

  • Forecasts for nine different high-level service categories from 2018-2023
  • Cloud and on-premises revenue growth comparisons
  • Forecasts for spending across businesses of different sizes
  • More-granular forecasts for the service categories that are most important to MSPs: IT and managed services, infrastructure and business applications

Key Topics Covered:

1. Executive Summary

  • MSP revenue will grow significantly in EMAP between 2018 and 2023, driven by IT and managed services, infrastructure and business applications

2. Forecast Results

  • MSPs in EMAP will generate almost USD50 billion of revenue in 2023, which is around 8% of the total ICT market
  • IT and managed services, infrastructure and business applications account for nearly 75% of MSP revenue in EMAP and will deliver strong revenue growth
  • MSPs’ core target markets are companies with 50-999 employees, but there are opportunities for revenue growth in businesses of all sizes
  • IT and managed services: consulting, integration and support services account for nearly half of MSPs’ revenue from IT and managed services
  • Infrastructure is one of the largest and fastest-growing components of MSPs’ portfolios, driven by the growing demand for cloud server and networking services
  • Business applications revenue is expected to grow at a CAGR of 23% between 2018 and 2023, driven by businesses adopting SaaS

3. Forecast Methodology and Definitions

  • Our methodology: we use extensive primary research, along with vendor and macroeconomic insights to size and segment the market opportunity and outlook
  • Definitions: IT and managed services

For more information about this report visit https://www.researchandmarkets.com/r/8lkaqu

View source version on businesswire.com:https://www.businesswire.com/news/home/20190528005417/en/

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Related Topics:Computing Services

KEYWORD: ASIA PACIFIC

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/28/2019 08:29 AM/DISC: 05/28/2019 08:29 AM

http://www.businesswire.com/news/home/20190528005417/en

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