MANAGED SERVICES MARKET

Managed Services Market

Managed Services Market

Blog Article

Meticulous Research®—a leading global market research company, published a research report titled ‘Managed Services Market—Global Opportunity Analysis and Industry Forecasts (2025-2032).’ According to this latest publication from Meticulous Research®, the managed services market is expected to reach $576.7 billion by 2032, at a CAGR of 9.4% from 2025 to 2032.

The growing emphasis of organizations on cost optimization, the increasing inclination of enterprises toward outsourced IT operations, the scarcity of skilled IT personnel, the rise in cyber threats and ransomware attacks on businesses, and businesses' increasing investments in digital transformation are all driving the growth of the managed services market.
However, market expansion is hampered by enterprises' lack of trust in delegating control of their systems to third-party entities.Furthermore, the increasing use of modern technologies and the growing use of cloud-based solutions are likely to create significant possibilities for market stakeholders.However, the market confronts significant hurdles, including a low uptake of managed services by SMEs.
Furthermore, the growth of 5G technology is a significant trend in this industry.

Key Players:

The managed services market is moderately competitive due to the presence of many large and small-sized global, regional, and local players. The key players operating in the managed services market include Accenture (Ireland), Tata Consultancy Services Limited (India), HCL Technologies (India), Cognizant (U.S.), IBM Corporation (U.S.), Fujitsu Limited (Japan), Kyndryl Holdings, Inc. (U.S.), Verizon Communications Inc. (U.S.), Google LLC (U.S.), Hughes Network Systems, LLC (U.S.), AT&T Inc. (U.S.), Microsoft Corporation (U.S), Cloudflare, Inc. (U.S.), Wipro Limited (India), HP Inc. (U.S.), SecureWorks Corp. (U.S.), Hitachi Vantara LLC (U.S.), Cisco Systems, Inc. (U.S.), DXC Technology Company (U.S.), and Infosys Limited (India).

The managed services market is segmented based on type, deployment mode, organization size, and end-use industry. The report also evaluates industry competitors and analyzes the managed services market at the regional and country levels.

Among the managed service categories analyzed in this study, the managed security services segment is expected to lead the managed services market in 2025, accounting for more than 39.0%.
Building and maintaining an in-house security team is costly; however, managed security services provide low-cost access to trained specialists, which is boosting their popularity.
Managed security services include 24/7 monitoring and control of tools including firewalls, intrusion detection systems, and endpoint detection and response. These benefits contribute to the segment's significant market share.

Among the deployment types analyzed in this report, in 2025, the cloud-based category is expected to lead the managed services market with a share of more than 62%.

Cloud-based services provide significant benefits such as on-demand access to skilled and qualified workers, high levels of corporate agility and resilience, automatic upgrades, and cybersecurity, all of which contribute to this segment's dominant position.

Among the organization sizes analyzed in this report, the big enterprises sector is expected to lead the market in 2025, accounting for more than 67%.
This dominance is driven by large enterprises' increasing need to manage complex IT infrastructures, frequently changing IT requirements, and a greater emphasis on risk mitigation and compliance.

Among the end-use industries analyzed in this study, the BFSI segment is expected to dominate the market in 2025, accounting for more than 34%.
The BFSI sector's heightened focus on continuous and improved customer service, and significant use of AI/ML technologies for

North America is expected to dominate the managed services industry in 2025, accounting for more than 40% of the total.
The emergence of recognized Managed Service Providers (MSPs), the expanding use of managed security services for privileged access control, the greater requirement to safeguard network infrastructure, and increased spending on IT capabilities are all contributing to this dominance.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6025

Key Questions Answered in the Report:


  • What is the revenue generated from the sale of managed services globally?

  • At what rate is the global demand for managed services projected to grow for the next five to seven years?

  • What is the historical market size and growth rate for the managed services market?

  • What are the major factors impacting the growth of this market at the global and regional levels?

  • What are the major opportunities for existing players and new entrants in this market?

  • Which type, deployment mode, organization size, and end-use industry segments are expected to create major traction for the players in this market?

  • What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for the organizations operating in the managed services market?

  • Who are the major players in the managed services market? What are their specific service offerings in this market?

  • What are the recent key developments in the managed services market? What are the impacts of these strategic developments?


Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

 

Report this page