Market Definition
Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions in order to improve operations and cut expenses. Managed services include network services, security, storage, backup and disaster recovery, desktop support, and more.
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Market Dynamics
The rise in the need to focus on core business activities, need for cost-effective IT solutions, and increased need for improved business continuity are the major factors driving the growth of the managed services market.
Key Trends and Drivers
The major drivers of the managed services market include the need to reduce operational costs, the need for improved business agility, and the need for better IT management.
The major trends in the managed services market are as follows:
- The adoption of cloud-based managed services is on the rise, as organizations look to benefit from the scalability, flexibility, and pay-as-you-go pricing model of the cloud.
- The demand for managed security services is growing, as organizations look to outsource the complex task of securing their networks and data.
- The adoption of managed network services is increasing, as organizations look to improve the performance and availability of their networks.
- The demand for managed mobility services is growing, as organizations look to outsource the management of mobile devices and apps.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segments
The Managed Services Market is segmented by Solution, Managed Information Services, Deployment, Enterprise Size, End-Use, and region. By solution, the market is divided into managed data centers, managed networks, managed mobility, managed infrastructure, managed backup and recovery, managed backup and recovery, managed communication, managed information, and managed security. Based on managed information services, it is bifurcated into business process outsourcing (bpo), business support systems, project & portfolio management, and others. By deployment, it is categorized into on-premises and hosted. based on the enterprise size it is analyzed across small & medium enterprises (smes), and large enterprises. Whereas on the basis of end use, it is segmented into financial services, government, healthcare, it & telecom, manufacturing, media & entertainment, retail, and others. Region-Wise the market is segmented by North America, Europe, Asia-Pacific, and rest of the world.
Key Players
Managed Services Market Report includes players such as Accenture Plc (Ireland), Fujitsu (Japan), HCL (India), IBM (US), Infosys (India), Wipro (India), Avaya Inc (US), BMC Software Inc. (US), CA Technologies (US), and DXC Technology Company (US).
Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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