+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Managed Services Market, Global Forecast, COVID-19 Impact, Industry Trends, Growth, Opportunity Company Overview, and Sales Analysis

  • ID: 5393512
  • Report
  • July 2021
  • Region: Global
  • 160 pages
  • Renub Research
The Managed Service Market is Anticipated to Reach US 460.6 Billion by 2027

FEATURED COMPANIES

  • Accenture
  • AT&T Inc.
  • Cisco
  • Lenovo Group
Around the world, managed services are becoming increasingly popular with businesses. People are adopting managed services to better organize operate and safeguard their business. The appropriation of managed services entails transferring a higher degree of power to a third party; deciding when and how to adopt them is key. Enterprises and government agencies worldwide migrate from test environments to cloud and compute instances for more of their mission-critical workloads. The need for IT skilled professionals and the high cost of downtime and data loss drive managed services among large enterprises. According to the publisher, Global Managed Service Market is anticipated to reach US$ 460.6 Billion by 2027.



Furthermore, the demand for data centers is increasing as well as Security Services, Network, Data Center & IT Infra, Communication & Collaboration, Mobility Service, and Information Services has a result of the expanded usage of IoT, Big Data and cloud, analytics as a fundamental part of numerous enterprises digital transformation strategies. This is supporting the expansion of the managed service sector. Cloud adoption is projected to rise as demand grows. Furthermore, security concerns, combined with IT functions to seize control of organizational networks and IT infrastructure, are projected to boost managed services market growth. The Managed Service Market Size is expected to grow with a double-digit CAGR of 17.23% during 2020-2027.

How Managed Services made Growth in COVID-19


The demand for cloud-based solutions has seen robust growth due to remote working models being employed by enterprises. Various industries such as Telecom, IT, Consumer, Manufacturing, BFSI ((Banking, Financial Services and Insurance), Healthcare, and Others have observed a growth in their earnings during 2020. MSPs offer services to enterprises running in such industries. Globally, the IT sector is a significant market for the managed services due to the high rate of various technological adoptions, increased frequency of confirmation of the BYOD policy (Bring your own device), an increased need for high-end security rapidly growing data among the organizations.

Regional Analysis of Managed Services Industry


North America dominated the global managed service market; this is mainly due to major market players who focus on increasing their presence in significant industries. These include telecommunication, medical, finance, and government. The Asia Pacific is expected to increase significantly during the forecast period. Growing investment in SMEs by emerging nations such as China and India is likely to drive the demand for managed services market. As per this research report, Worldwide Managed Service Industry was US$ 151.4 Billion in 2020.

Company Analysis


The large tech companies such as Accenture, Broadcom, Cisco, AT&T Inc., Lenovo Group give managed computing services to companies of all sizes around the world. In 2021, Masergy Wraps Cisco Webex into Managed Services.

This latest report Managed Services Market, Global Forecast by Deployment Type (Cloud, On-Premise), Organization (SME,Large), Vertical (Telecom, IT, Consumer, Manufacturing, BFSI, Healthcare, Education,Energy &Utilities,Media & Entertainment and others), Service type (Security Services, Network, Data Center & It Infra, Communication & Collaboration,Mobility Service,and Information Services), Region (North America, Europe, APAC,MEA, Latin America), Companies (Accenture,Broadcom (Symantec Corporation), Cisco,AT&T Inc.,Lenovo Group )” provides a detailed analysis of Managed Service Industry.

Deployment Type - Managed Services Market have been covered from 2 viewpoints:


1. Cloud
2. On-Premise

Organization - Managed Services Market have been covered from 2 viewpoints:


1. SME
2. Large

Vertical -Managed Services Market have been covered from 10 viewpoints:


1. Telecom
2. IT
3. Consumer
4. Manufacturing
5. BFSI (Banking, Financial Services and Insurance)
6. Healthcare
7. Education
8. Energy &Utilities
9. Media & Entertainment
10. Others

Service Type -Managed Services Market have been covered from 6 viewpoints:


1. Security Services
2. Network
3. Data Center & It Infra
4. Communication & Collaboration
5. Mobility Service
6. Information Services

Region - Managed Services Market have been covered from 5 viewpoints:


1. North America
2. Europe
3. APAC (Asia-Pacific)
4. MEA (Middle East and Africa)
5. Latin America

All companies have been covered from 3 viewpoints

  • Overview
  • Company Initiatives
  • Sales Analysis

Company Analysis:


1. Accenture
2. Broadcom (Symantec Corporation)
3. Cisco
4. AT&T Inc.
5. Lenovo Group
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture
  • AT&T Inc.
  • Cisco
  • Lenovo Group
1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Managed Services Market

6. Market Share - Managed Services Market
6.1 By Organization Size
6.2 By Service Type
6.3 By Deployment Type
6.4 By Verticals
6.5 By Region

7. Organization Size - Managed Services Market
7.1 SME
7.2 Large

8. Service Type - Managed Services Market
8.1 Security Services
8.2 Network
8.3 Data Center & It Infra
8.4 Commination & Collaboration
8.5 Mobility Service
8.6 Information Services

9. Deployment Type - Managed Services Market
9.1 Cloud
9.2 On-Premise

10. Verticals - Managed Services Market
10.1 Telecom
10.2 IT
10.3 BFSI ((Banking, Financial Services and Insurance)
10.4 Consumer Good & Retails
10.5 Manufacturing
10.6 Healthcare
10.7 Education
10.8 Energy & Utilities
10.9 Media & Entertainment
10.10 Others

11. Region - Managed Services Market
11.1 North America
11.2 Europe
11.3 APAC (Asia-Pacific)
11.4 MEA (Middle East and Africa)
11.5 Latin America

12. Company Analysis - Managed Services Market
12.1 AT&T Inc.
12.1.1 Overview
12.1.2 Company Initiatives
12.1.3 Sales Analysis
12.2 Accenture
12.2.1 Overview
12.2.2 Company Initiatives
12.2.3 Sales Analysis
12.3 Cisco
12.3.1 Overview
12.3.2 Company Initiatives
12.3.3 Sales Analysis
12.4 Broadcom
12.4.1 Overview
12.4.2 Company Initiatives
12.4.3 Sales Analysis
12.5 Lenovo Group
12.5.1 Overview
12.5.2 Company Initiatives
12.5.3 Sales Analysis

List of Figures:
Figure-01: Global Managed Services Market (Billion US$), 2017 - 2020
Figure-02: Forecast for - Global Managed Services Market (Billion US$), 2021 - 2027
Figure-03: Organization Size - SME Market (Billion US$), 2017 - 2020
Figure-04: Organization Size - Forecast for SME Market (Billion US$), 2021 - 2027
Figure-05: Organization Size - Large Market (Billion US$), 2017 - 2020
Figure-06: Organization Size - Forecast for Large Market (Billion US$), 2021 - 2027
Figure-07: Service Type - Security Services Market (Million US$), 2017 - 2020
Figure-08: Service Type - Forecast for Security Services Market (Million US$), 2021 - 2027
Figure-09: Service Type - Network Market (Million US$), 2017 - 2020
Figure-10: Service Type - Forecast for Network Market (Million US$), 2021 - 2027
Figure-11: Service Type - Data Center & IT Infra Market (Million US$), 2017 - 2020
Figure-12: Service Type - Forecast for Data Center & IT Infra Market (Million US$), 2021 - 2027
Figure-13: Service Type - Commination & Collaboration Market (Million US$), 2017 - 2020
Figure-14: Service Type - Forecast for Commination & Collaboration Market (Million US$), 2021 - 2027
Figure-15: Service Type - Mobility Service Market (Million US$), 2017 - 2020
Figure-16: Service Type - Forecast for Mobility Service Market (Million US$), 2021 - 2027
Figure-17: Service Type - Information Services Market (Million US$), 2017 - 2020
Figure-18: Service Type - Forecast for Information Services Market (Million US$), 2021 - 2027
Figure-19: Deployment Type - Cloud Market (Billion US$), 2017 - 2020
Figure-20: Deployment Type - Forecast for Cloud Market (Billion US$), 2021 - 2027
Figure-21: Deployment Type - On-Premise Market (Billion US$), 2017 - 2020
Figure-22: Deployment Type - Forecast for On-Premise Market (Billion US$), 2021 - 2027
Figure-23: Verticals - Telecom Market (Million US$), 2017 - 2020
Figure-24: Verticals - Forecast for Telecom Market (Million US$), 2021 - 2027
Figure-25: Verticals - IT Market (Million US$), 2017 - 2020
Figure-26: Verticals - Forecast for IT Market (Million US$), 2021 - 2027
Figure-27: Verticals - BFSI Market (Million US$), 2017 - 2020
Figure-28: Verticals - Forecast for BFSI Market (Million US$), 2021 - 2027
Figure-29: Verticals - Consumer Good & Retails Market (Million US$), 2017 - 2020
Figure-30: Verticals - Forecast for Consumer Good & Retails Market (Million US$), 2021 - 2027
Figure-31: Verticals - Manufacturing Market (Million US$), 2017 - 2020
Figure-32: Verticals - Forecast for Manufacturing Market (Million US$), 2021 - 2027
Figure-33: Verticals - Healthcare Market (Million US$), 2017 - 2020
Figure-34: Verticals - Forecast for Healthcare Market (Million US$), 2021 - 2027
Figure-35: Verticals - Education Market (Million US$), 2017 - 2020
Figure-36: Verticals - Forecast for Education Market (Million US$), 2021 - 2027
Figure-37: Verticals - Energy & Utilities Market (Million US$), 2017 - 2020
Figure-38: Verticals - Forecast for Energy & Utilities Market (Million US$), 2021 - 2027
Figure-39: Verticals - Media & Entertainment Market (Million US$), 2017 - 2020
Figure-40: Verticals - Forecast for Media & Entertainment Market (Million US$), 2021 - 2027
Figure-41: Verticals - Others Market (Million US$), 2017 - 2020
Figure-42: Verticals - Forecast for Others Market (Million US$), 2021 - 2027
Figure-43: North America - Managed Services Market (Million US$), 2017 - 2020
Figure-44: North America - Forecast for Managed Services Market (Million US$), 2021 - 2027
Figure-45: Europe - Managed Services Market (Million US$), 2017 - 2027
Figure-46: Europe - Forecast for Managed Services Market (Million US$), 2021 - 2027
Figure-47: APAC - Managed Services Market (Million US$), 2017 - 2020
Figure-48: APAC - Forecast for Managed Services Market (Million US$), 2021 - 2027
Figure-49: MEA - Managed Services Market (Million US$), 2017 - 2020
Figure-50: MEA - Forecast for Managed Services Market (Million US$), 2021 - 2027
Figure-51: Latin America - Managed Services Market (Million US$), 2017 - 2020
Figure-52: Latin America - Forecast for Managed Services Market (Million US$), 2021 - 2027
Figure-53: AT&T Inc. - Global Revenue (Billion US$), 2017 - 2020
Figure-54: AT&T Inc. - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-55: Accenture - Global Revenue (Billion US$), 2017 - 2020
Figure-56: Accenture - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-57: Cisco - Global Revenue (Billion US$), 2017 - 2020
Figure-58: Cisco - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-59: Broadcom - Global Revenue (Billion US$), 2017 - 2020
Figure-60: Broadcom - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-61: Lenovo Group - Global Revenue (Billion US$), 2017 - 2020
Figure-62: Lenovo Group - Forecast for Global Revenue (Billion US$), 2021 - 2027

List of Tables:
Table-01: Global - Managed Services Market Share by Organization Size (Percent), 2017 - 2020
Table-02: Global - Forecast for Managed Services Market Share by Organization Size (Percent), 2021 - 2027
Table-03: Global - Managed Services Market Share by Service Type (Percent), 2017 - 2020
Table-04: Global - Forecast for Managed Services Market Share by Service Type (Percent), 2021 - 2027
Table-05: Global - Managed Services Market Share by Deployment Type (Percent), 2017 - 2020
Table-06: Global - Forecast for Managed Services Market Share by Deployment Type (Percent), 2021 - 2027
Table-07: Global - Managed Services Market Share by Verticals (Percent), 2017 - 2020
Table-08: Global - Forecast for Managed Services Market Share by Verticals (Percent), 2021 - 2027
Table-09: Global - Managed Services Market Share by Region (Percent), 2017 - 2020
Table-10: Global - Forecast for Managed Services Market Share by Region (Percent), 2021 - 2027
Note: Product cover images may vary from those shown
  • Accenture
  • Broadcom (Symantec Corporation)
  • Cisco
  • AT&T Inc.
  • Lenovo Group
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Adroll
adroll