Managed Services Market by Type and Geography - Forecast and Analysis 2021-2025

The managed services market share is expected to increase by USD 126.47 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 9.45%.

This managed services market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (MDS, MNS, MSS, MMS, and others) and geography (North America, Europe, APAC, South America, and MEA). The managed services market report also offers information on several market vendors, including Accenture Plc, ASGN Inc., AT and T Inc., Atos SE, Cisco Systems Inc., Dell Technologies Inc., HCL Technologies Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., and Tata Consultancy Services Ltd. among others.

What will the Managed Services Market Size be in 2021?

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Managed Services Market: Key Drivers and Trends

The increased adoption of IoT solutions is notably driving the managed services market growth, although factors such as data privacy and security risk in cloud-based services may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the managed services industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This managed services market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Managed Services Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Accenture Plc
• ASGN Inc.
• AT and T Inc.
• Atos SE
• Cisco Systems Inc.
• Dell Technologies Inc.
• HCL Technologies Ltd.
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Tata Consultancy Services Ltd.

This statistical study of the managed services market encompasses successful business strategies deployed by the key vendors. The managed services market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The managed services market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Managed Services Market?

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37% of the market's growth will originate from North America during the forecast period. The US is a key market for managed services in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.

The strong presence and penetration of top vendors and the growing instances of cyberattacks on hosted servers will facilitate the managed services market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Managed Services Market?

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The managed services market share growth by the MDS segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the managed services market size and actionable market insights on post COVID-19 impact on each segment.

You may be interested in the regional reports:

Saudi Arabia Managed Services market - The market share will grow at a CAGR of 22.60 percent over the period 2014-2019.

GCC Managed Services market - The market share will grow at a CAGR of 20.01 percent over the period 2013-2018.

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What are the Key Factors Covered in this Managed Services Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive managed services market growth during the next five years
• Precise estimation of the managed services market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the managed services industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of managed services market vendors

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