Market Overview:
The global managed services market size reached US$ 232.32 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 452.45 Billion by 2027, exhibiting a growth rate (CAGR) of 11.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Managed services refer to the process of outsourcing the partial or complete management responsibility to a third party to handle various business-related activities. They include services, such as monitoring and maintaining equipment and remotely managing systems, firewall, encryption, wireless fidelity, server, information, security, communication, servers, networks, and organization infrastructure. Managed services further help organizations in managing customer's networks, applications, storage, security, computing, and operating systems. Enterprises usually utilize these services to enable a continuous infrastructure auditing, increase productivity, provide transparency, automate business processes, track records, and improve operations. They also aid in simplifying IT operations, improving service quality, and increasing user satisfaction at reduced expenditures due to which it finds extensive applications across several industrial verticals.
Managed Services Market Trends:
One of the key factors driving the managed services market growth is the increasing need for secure IT infrastructure across organizations due to the rising instances of cyberattacks. In line with this, the sudden outbreak of the coronavirus disease (COVID-19) pandemic has prompted businesses to shift toward remote working environment due to the consequent imposition of mandatory lockdowns by governments of different nations. This, in turn, has led to the widespread adoption of managed services for ensuring business continuity and constant monitoring, identity, and access management applications, which is favoring the market growth. Apart from this, the integration of artificial intelligence (AI), the Internet of Things (IoT) and machine learning (ML) technologies to reduce error rates, enable smart monitoring and compliance management, and ensure the efficiency of processes are providing an impetus to the market growth. Additionally, the increasing deployment of managed services by various small and medium-sized enterprises (SMEs) can be attributed to the benefits offered by the service, such as improved operational efficiency, reduced operating expenses, an enhanced focus on core competencies, and optimal resource utilization and distribution, which is positively impacting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global managed services market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, deployment mode, enterprise size and end use.
Breakup by Type:
- Managed Infrastructure
- Managed Data Center
- Managed Security
- Managed Communications
- Managed Network
- Managed Mobility
Breakup by Deployment Mode:
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End Use:
- IT and Telecommunication
- BFSI
- Healthcare
- Entertainment and Media
- Retail
- Manufacturing
- Government
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, AT&T Inc., Capgemini SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Infosys Limited, International Business Machines Corporation, Nokia Corporation, Rackspace Technology Inc., Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, Verizon Communications Inc. and Wipro Limited.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Deployment Mode, Enterprise Size, End Use, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Accenture plc, AT&T Inc., Capgemini SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Infosys Limited, International Business Machines Corporation, Nokia Corporation, Rackspace Technology Inc., Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, Verizon Communications Inc. and Wipro Limited. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global managed services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global managed services market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the enterprise size?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global managed services market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Managed Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Managed Infrastructure
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Managed Data Center
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Managed Security
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Managed Communications
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Managed Network
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Managed Mobility
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Large Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Small and Medium-sized Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use
9.1 IT and Telecommunication
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 BFSI
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Healthcare
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Entertainment and Media
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Retail
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Manufacturing
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Government
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Accenture plc
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 AT&T Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Capgemini SE
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Cisco Systems Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Dell Technologies Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Fujitsu Limited
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Infosys Limited
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 International Business Machines Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Nokia Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Rackspace Technology Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Tata Consultancy Services Limited
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Telefonaktiebolaget LM Ericsson
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Verizon Communications Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
15.3.14 Wipro Limited
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.14.3 Financials
List of Figures
Figure 1: Global: Managed Services Market: Major Drivers and Challenges
Figure 2: Global: Managed Services Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Managed Services Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Managed Services Market: Breakup by Type (in %), 2021
Figure 5: Global: Managed Services Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Managed Services Market: Breakup by Enterprise Size (in %), 2021
Figure 7: Global: Managed Services Market: Breakup by End Use (in %), 2021
Figure 8: Global: Managed Services Market: Breakup by Region (in %), 2021
Figure 9: Global: Managed Services (Managed Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Managed Services (Managed Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Managed Services (Managed Data Center) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Managed Services (Managed Data Center) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Managed Services (Managed Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Managed Services (Managed Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Managed Services (Managed Communications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Managed Services (Managed Communications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Managed Services (Managed Network) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Managed Services (Managed Network) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Managed Services (Managed Mobility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Managed Services (Managed Mobility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Managed Services (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Managed Services (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Managed Services (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Managed Services (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Managed Services (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Managed Services (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Managed Services (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Managed Services (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Managed Services (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Managed Services (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Managed Services (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Managed Services (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Managed Services (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Managed Services (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Managed Services (Entertainment and Media) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Managed Services (Entertainment and Media) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Managed Services (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Managed Services (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Managed Services (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Managed Services (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Managed Services (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Managed Services (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Managed Services (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Managed Services (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: North America: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: North America: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United States: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United States: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Canada: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Canada: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Asia-Pacific: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Asia-Pacific: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: China: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: China: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Japan: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Japan: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: India: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: India: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: South Korea: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: South Korea: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Australia: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Australia: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Indonesia: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Indonesia: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Europe: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Europe: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Germany: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Germany: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: France: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: France: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: United Kingdom: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: United Kingdom: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Italy: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Italy: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Spain: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Spain: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Russia: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Russia: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Latin America: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Latin America: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Brazil: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Brazil: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Mexico: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Mexico: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Others: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Others: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Middle East and Africa: Managed Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Middle East and Africa: Managed Services Market: Breakup by Country (in %), 2021
Figure 93: Middle East and Africa: Managed Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Global: Managed Services Industry: SWOT Analysis
Figure 95: Global: Managed Services Industry: Value Chain Analysis
Figure 96: Global: Managed Services Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Managed Services Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Managed Services Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Managed Services Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Managed Services Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 5: Global: Managed Services Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 6: Global: Managed Services Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Managed Services Market: Competitive Structure
Table 8: Global: Managed Services Market: Key Players