The Global Managed Services Market Report 2022- presents competitive environment such as key competitors, key trends, expansions, future trends and acquisitions in the market.
Global “Managed Services Market” 2022: – Report focus on Global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report. Managed Services market report covers the many growth prospect over the approaching years. Likewise, it studies market new product analysis, strategies, financial overview and trends.
The Managed Services Market is expected to record a CAGR of 10.8%, over the forecast period. The market for managed services is expected to witness a keen interest in information services and managed mobility. There has been a shift in focus towards managed services and their applications for both short and long-term strategic decisions. As managed services enable a company to access enhanced applications and services that could not be possible in-house, it helps them to target their core strategic area, while outsourcing the rest of the tasks to the service providers who possess the operational expertise in that domain.
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Company Coverage: –
– Fujitsu Ltd.
– Cisco Systems Inc.
– IBM Corporation
– Alcatel-Lucent S.A
– ATandT Inc.
– HP Development Company L.P.
– Microsoft Corporation
– Verizon Communications Inc.
– Dell Technologies Inc.
– Nokia Solutions and Networks
– Deutsche Telekom AG
– Rackspace Inc.
– Tata Consultancy Services Limited
– Citrix Systems Inc.
– Wipro Ltd.
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Market Players Competitor Analysis:
– Managed services are majorly used to provide additional value for end-users in their respective business processes. Over the past few years, the network-cost model has been changing from an asset and liability-based model to a utility-based model.
– It is estimated that the year on year capital expenditure by small and medium businesses towards these services will increase by 25%. The market for SMBs and cloud services is expected to take a bigger share, despite the slow growth rate of the overall IT expenditure in SMBs.
– Organizations are focusing on cost reduction by cutting down the number of suppliers and are reducing the payment size. Over the past few years, bundled services have gained traction in the market over the discrete ones.
Scope of the Report
Managed services refer to a concept wherein an organization’s in-house day-to-day management functions are managed by a third party service provider. Managed services involve outsourcing of services related to infrastructure, security, printing, mobility and other functions, while the ownership rights stay with the end-user.
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Key Market Trends
Managed Security is Expected to Hold a Significant Share
– Worldwide spending on security-related hardware, software, and services is forecast to reach USD 120 billion by 2022. Rising security threats, regulatory compliance, and fear of data breaches will continue to drive security investments across various industries. Many major organizations are adopting managed security services to help maintain security within an organization.
– Managed security services (MSSs) with advanced threat detection and remediation capabilities are enjoying high adoption rates. Connected devices are further expected to propel distributed denial of service (DDoS), and advanced persistent threat (APT) attacks. Thus, enterprises are seeking more proactive security measures to maintain security within an organization.
– In addition to traditional security services, many MSSPs have begun offering other advanced security services, be it managed advanced persistent threats (APT), application, cloud, mobile security, and advanced endpoint detection and response.
Asia-Pacific is Expected to Witness Rapid Growth
– Asia-Pacific is currently experiencing a high adoption of cloud owing to a large number of organizations moving from traditional business models to cloud-based infrastructure to modernize the organizations business process including a multitenant architecture. Digital transformation has become a top priority in Asia-Pacific, and an increasing amount of companies are implementing formal strategies to support their efforts.
– As more Asian enterprises and government agencies migrate their infrastructure to the cloud, MSPs can provide a variety of services to help these organizations address advanced persistent threat (APT), monitoring, and perform scheduled maintenance.
– Most customers in this region prefer MSSPs that have local security operations centres (SOCs) due to the requirements of data sovereignty and other security compliance regulations released by governments.
Competitive Landscape
The managed services market is highly competitive and consists of several major players. Many of the companies are increasing their market presence by introducing new solutions or services and securing new contracts.
– January 2021 – Ericsson launched a new AI-based managed services offering for communications service providers, called the Ericsson Operations Engine. The Ericsson Operations Engine proactively and directly addresses service providers’ managed services complexity challenges as the industry moves towards an era of 5G and IoT.
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Regional Analysis: –
– North America
– Asia-Pacific
– Europe
– South America
– Africa
Some Major Points from TOC: –
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Improved Cost and Operational Efficiency
4.3.2 Increasing adoption of BYOD policies
4.3.3 Easier Infrastructure Maintenance
4.4 Market Restraints
4.4.1 Need for Skilled Personnel to Maintain the Process
4.4.2 Reliability Concerns
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Deployment
5.1.1 On-premise
5.1.2 Cloud
5.2 By Type
5.2.1 Managed Data Centre
5.2.2 Managed Security
5.2.3 Managed Communications
5.2.4 Managed Network
5.2.5 Managed Infrastructure
5.2.6 Managed Information
5.2.7 Other Types
5.3 by Enterprise
5.3.1 Small and Medium Enterprise
5.3.2 Large Enterprise
5.4 by End-user Vertical
5.4.1 BFSI
5.4.2 IT and Telecommunication
5.4.3 Healthcare
5.4.4 Entertainment and Media
5.4.5 Retail
5.4.6 Manufacturing
5.4.7 Government
5.4.8 Other End-user Verticals
5.5 Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.2 Europe
5.5.2.1 United Kingdom
5.5.2.2 Germany
5.5.2.3 France
5.5.2.4 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 India
5.5.3.3 Japan
5.5.3.4 Rest of Asia-Pacific
5.5.4 Latin America
5.5.4.1 Brazil
5.5.4.2 Mexico
5.5.4.3 Argentina
5.5.4.4 Rest of Latin America
5.5.5 Middle East and Africa
5.5.5.1 United Arab Emirates
5.5.5.2 South Africa
5.5.5.3 Saudi Arabia
5.5.5.4 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Fujitsu Ltd.
6.1.2 Cisco Systems Inc.
6.1.3 IBM Corporation
6.1.4 Alcatel-Lucent S.A
6.1.5 ATandT Inc.
6.1.6 HP Development Company L.P.
6.1.7 Microsoft Corporation
6.1.8 Verizon Communications Inc.
6.1.9 Dell Technologies Inc.
6.1.10 Nokia Solutions and Networks
6.1.11 Deutsche Telekom AG
6.1.12 Rackspace Inc.
6.1.13 Tata Consultancy Services Limited
6.1.14 Citrix Systems Inc.
6.1.15 Wipro Ltd.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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To view the original version on The Express Wire visit Global Managed Services Market | Expected to Grow CAGR of 10.8% | Business Statistics, Development Data, Forecast to 2022-2027
