Managed Services Market Worth 257.84 Billion USD by 2022

India - English

• USA - English

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 118 Market Data Tables and 43 Figures spread through 225 Pages and in-depth TOC on "Managed Services Market"

http://www.marketsandmarkets.com/Market-Reports/managed-services-market-1141.html
Early buyers will receive 10% customization on this report

Growing IT infrastructure of enterprises and growing number of compliances are the driving factors for managed services market. Moreover, increase in the adoption rate of cloud deployment among Small and Medium-sized Enterprises (SMEs), have led to the adoption of managed services.

Telecom and IT vertical is expected to contribute to the largest market share during the forecast period 

Telecom industry has seen a substantial rise in the past few years following the rapid technological development in the field of ICT. Telecom operators need to innovate to retain customers in the competitive market and tap new markets to expand. To increase the focus on innovation and efficiency, the operators outsource their IT infrastructure, and business needs to managed service providers. Managed service providers handle the telecom operator needs by leveraging them to focus on the core competencies to innovate products, improve service, and extend the reach of business models. Partnering with MSPs, benefit the operators by assigning staff for the strategic operations, gain more efficient network that leverages both network infrastructure and the data center, keep pace with latest advancements in technology, and develop and deploy new services more rapidly. Managed services in the IT industry has seen an increasing trend following the competition in the market. The enterprises outsource their IT needs such as IT infrastructure, network, security, mobility, and communication needs to the MSPs so as to focus on their core competencies and increase their efficiency.

Request Report Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=1141

The SMEs segment for managed services is expected to grow at the highest CAGR during the forecast period. 

SMEs have been the slow adopters of managed services in the current market scenario. However, with increasing emphasis on adoption of advanced IT technologies and demand for secure IT infrastructure, SMEs are expected to adopt managed services at a fast rate over the coming years. SMEs face challenges such as budget constraints, labor costs, and expertise to manage advanced IT infrastructure and technologies, and cyber security risks. Managed services facilitate SMEs by providing expert assurance to manage and monitor network security, IT infrastructure, and disaster recovery.

Rapid adoption of managed services due to a strong and well-established economy makes North America the largest market in terms of global share 

North America is the largest contributor to the Managed Services Market among all other regions. The top countries contributing to the Managed Services Market in North America include the US and Canada, out of which about three-fourths of the market share is contributed by the US. The North American market provides a suitable environment for startups and SMBs in terms of government regulations and compliance. Owing to this, enterprises are growing rapidly and have heavy demand for managed services. Therefore, the North American market has the highest market share in the managed services space. Many European companies such as Capgemini and Atos have acquired significant IT service operations in the US and are expanding significantly in the North American region.

The major vendors in the Managed Services Market include IBM (US), Cisco (US), Accenture (Ireland), Fujitsu (Japan), Atos (France), Tata Consultancy Services (India), Wipro (India), Huawei (China), HCL (India), Ericsson (Sweden), Nokia Networks (Finland), DXC Technology (US), Dimension Data (South Africa), Unisys (US), and Netmagic (An NTT Communications Company) (India).

Make an enquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1141

Browse Related Reports 

Cloud Managed Services Market by Service Type (Managed Infrastructure, Managed Network, Managed Security, Managed Data Center, and Managed Mobility Services), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/cloud-managed-service-market-195317068.html

Telecom Managed Services Market by Service Type (Managed Data Center, Managed Network, Managed Data and Information, Managed Mobility, Managed Communication, and Managed Security), Organization Size, and Region - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/telecom-managed-services-market-117103536.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: [email protected]

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets