The global managed services market size was valued at USD 215.14 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12% from 2021 to 2027. The growth can be attributed to the outbreak of the COVID-19 pandemic, which has triggered the need for business automation as businesses are aggressively resorting to remote working. According to an NTT Ltd. commissioned report by IDG, almost 55% of the businesses are approaching managed service providers to opt for their value-added services and reduce security risks, which have increased multifold since the outbreak of the pandemic as employees are working remotely and business partners and customers are relying totally on electronic communication.
A full report of Managed Services Market available at: https://www.orionmarketreports.com/managed-services-market/40119/
Key Companies
• Accenture PLC
• Alcatel-Lucent Enterprise
• AT&T Inc.
• Avaya Inc.
• BMC Software, Inc.
• CA Technologies
• Cisco Systems, Inc.
• DXC Technology Company
• Ericsson
• Fujitsu Limited
• Hewlett Packard Enterprise Development LP
• International Business Machines Corporation
• Lenovo Group Limited
Managed Services Market- Segmentation
By Deployment
• On-premise
• Cloud
By Type
• Managed Data Center
• Managed Security
• Managed Communications
• Managed Network
• Managed Infrastructure
• Managed Mobility
By Enterprise Size
• Small and Medium Enterprises
• Large Enterprises
By End-user Vertical
• BFSI
• IT and Telecommunication
• Healthcare
• Entertainment and Media
• Retail
• Manufacturing
• Government
• Other End User Verticals
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
