Global Managed Services Market to Grow at 12.9% CAGR

The global Managed Services Market size was valued at USD 348.12 Billion in 2024 and is projected to reach USD 393.02 Billion in 2025, further expanding to USD 1037.46 Billion by 2033, growing at a CAGR of 12.9% during the forecast period (2025–2033).

Managed Services Market Catalysts for Expansion

The Managed Services Market is experiencing significant growth due to several key factors:

• Increasing Adoption of Cloud Services: The shift towards cloud computing is driving the demand for managed services as businesses seek to optimize their IT infrastructure and reduce costs.
• Focus on Core Competencies: Companies are outsourcing their IT management to focus on their core business activities, leading to increased demand for managed services.
• Enhanced Security Needs: With the rise in cyber threats, businesses are turning to managed security services to protect their data and ensure compliance with regulations.
• Technological Advancements: Innovations in AI, machine learning, and automation are enhancing the capabilities of managed services, making them more efficient and effective.
• Scalability and Flexibility: Managed services offer scalable solutions that can be tailored to meet the specific needs of businesses, providing flexibility and cost savings.

Request a Free Sample (Free Executive Summary at Full Report Starting from USD 1850): https://straitsresearch.com/report/managed-services-market/request-sample

Managed Services Market Segment Breakdown

1. By Solution

   • Managed Data Center: Services that manage and optimize data center operations.
   • Managed Network: Services that ensure the efficient operation of network infrastructure.
   • Managed Mobility: Solutions that manage mobile devices and applications.
   • Managed Infrastructure: Services that manage IT infrastructure, including servers and storage.
   • Managed Backup and Recovery: Solutions that ensure data backup and disaster recovery.
   • Managed Communication: Services that manage communication systems, including VoIP and UCaaS.
   • Managed Information: Solutions that manage information systems and data.
   • Managed Security: Services that provide comprehensive security solutions, including firewall management and intrusion detection.

2. By Managed Information Service (MIS)

   • Business Process Outsourcing (BPO): Outsourcing business processes to third-party providers.
   • Business Support Systems: Solutions that support business operations and processes.
   • Project Portfolio Management: Services that manage projects and portfolios.
   • Others: Various other managed information services.

3. By Deployment

   • Hosted: Managed services delivered through cloud-based platforms.
   • On-premise: Managed services delivered on-site at the client's location.

4. By Enterprise Size

   • Large Enterprises: Managed services tailored for large organizations with complex IT needs.
   • Small Medium Enterprises: Solutions designed for small and medium-sized businesses.

5. By End-User

   • Financial Services: Managed services for the financial sector, including banks and insurance companies.
   • Government: Solutions for government agencies and public sector organizations.
   • Healthcare: Managed services for healthcare providers and institutions.
   • IT Telecom: Solutions for IT and telecommunications companies.
   • Manufacturing: Managed services for the manufacturing industry.
   • Media Entertainment: Solutions for media and entertainment companies.
   • Retail: Managed services for the retail sector.
   • Others: Various other industries, including education and non-profits.

6. By Managed Security Service

   • Managed Identify Access Management: Solutions for managing user identities and access.
   • Managed Antivirus/Antimalware: Services that protect against viruses and malware.
   • Managed Firewall: Solutions for managing firewall security.
   • Managed Risk And Compliance Management: Services that ensure compliance with regulations and manage risks.
   • Managed Vulnerability Management: Solutions for identifying and managing vulnerabilities.
   • Managed Security Information Event Management: Services that provide real-time monitoring and analysis of security events.
   • Managed Intrusion Detection Systems/Intrusion Prevention Systems: Solutions for detecting and preventing intrusions.
   • Managed Unified Threat Management: Comprehensive security solutions that integrate multiple security functions.
   • Managed Encryption: Services that provide data encryption.
   • Other Managed Security Services: Various other security services.

7. By Managed Network Service

   • Managed LAN: Services that manage local area networks.
   • Managed Wi-Fi: Solutions for managing wireless networks.
   • Managed VPN: Services that manage virtual private networks.
   • Managed WAN: Solutions for managing wide area networks.
   • Network Monitoring: Services that monitor network performance.
   • Other Managed Network Security: Various other network security services.

8. By Managed IT Infrastructure Data Center Service

   • Managed Print Services: Solutions for managing print infrastructure.
   • Server Management: Services that manage server operations.
   • Storage Management: Solutions for managing data storage.
   • Other Managed IT Infrastructure Data Center Services: Various other IT infrastructure services.

9. By Managed Communication Collaboration Service

   • Managed VoIP: Services that manage voice over IP communication.
   • Managed UCaaS: Solutions for unified communications as a service.
   • Other Managed Communication Collaboration Services: Various other communication and collaboration services.

10. By Managed Mobility Service

    • Device Life Cycle Management: Services that manage the lifecycle of mobile devices.
    • Application Management: Solutions for managing mobile applications.

Buy Full Report (Exclusive Insights with In-Depth Data Supplement): https://straitsresearch.com/buy-now/managed-services-market

Top Performing Companies

The Managed Services Market is highly competitive, with several key players driving innovation and growth:

1. Accenture PLC
2. Alcatel-Lucent Enterprise
3. ATT Inc.
4. Avaya Inc.
5. BMC Software Inc.
6. CA Technologies
7. Cisco Systems Inc.
8. DXC Technology Company
9. Fujitsu Limited
10. Hewlett Packard Enterprise Development LP
11. International Business Machines Corporation
12. Telefonaktiebolaget LM Ericsson

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/managed-services-market/segmentation

These companies are at the forefront of the market, offering a wide range of managed services that cater to the diverse needs of various industries. They are continuously investing in research and development to enhance their product offerings and maintain a competitive edge.

Managed Services Market Emerging Prospects

The market is expected to witness several emerging prospects, including the integration of advanced technologies such as AI and machine learning to enhance service delivery. Additionally, the increasing adoption of cloud-based solutions is expected to drive further growth in the managed services market.

Managed Services Market Industry Movements

The industry is witnessing several movements, such as mergers and acquisitions, partnerships, and collaborations among key players. These strategic initiatives are aimed at expanding product portfolios, enhancing market reach, and improving customer service. Additionally, companies are focusing on developing innovative solutions to address the evolving needs of their customers.

Managed Services Market Geographic Analysis

• North America: The region holds a significant share of the market due to the presence of major technology companies and early adoption of advanced managed services. The United States and Canada are key contributors.
• APAC (Asia-Pacific): Rapid industrialization and the growing IT sector in countries like China, Japan, and India are driving market growth in this region.
• Europe: The market in Europe is driven by the increasing focus on regulatory compliance and the adoption of advanced technologies in countries like Germany, France, and the UK.
• LAMEA (Latin America, Middle East, and Africa): The market is gradually growing in this region, with countries like Brazil, South Africa, and the UAE investing in managed services to enhance their IT infrastructure.

Table of Contents for the Managed Services Market Report: https://straitsresearch.com/report/managed-services-market/toc

Managed Services Market Data Insights

The market data insights indicate a robust growth trajectory for the Managed Services Market, driven by the increasing need for IT optimization, enhanced security, and the adoption of cloud-based solutions. The market is expected to continue its upward trend, with significant opportunities for growth and innovation.

Company Details

Straits Research is a top provider of business intelligence, specializing in research, analytics, and advisory services. We focus on delivering in-depth insights through comprehensive reports to help businesses make informed decisions.

Contact Us:

• Email: sales@straitsresearch.com
• Address: 825 3rd Avenue, New York, NY, USA, 10022
• Phone: +1 646 905 0080 (US), +91 8087085354 (India), +44 203 695 0070 (UK)

For more information, please visit our website or contact us directly.