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Global IT Managed Services Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global IT Managed Services Market Overview
IT managed services help an organization to optimize their
IT budgets and provide flexibility in delivering IT services
to end-client efficiently. In addition to that, IT managed
services also help an organization to formulate a time
saving, efficient and productive working model to enhance
outputs by reducing operational cost.
Global managed services market is anticipated to expand
from USD 129 Billion in 2014 to USD 230 Billion by 2021,
showcasing a compound annual growth rate (CAGR) of
8.61%. Geographically, global IT managed services market
is segmented into North America, Latin America, Western
and Eastern Europe, Asia-Pacific and Rest of world.
Market Segmentation
By Types of Services
Based on type of services offered, global IT managed
services market is segmented into data centre and network
management, desktop management services, server
management services, IMAC services, IT maintenance
services and IT hardware support services.
By Type of Service Consumers
On the basis of type of service consumers, global IT
managed services market is segmented as Small and
Medium Businesses (SMB) and large enterprises.
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By Verticals
Global IT managed services market is divided on the basis
of verticals into BFSI (Banking, Financial Services and
Insurance), oil and gas, education, manufacturing,
logistics, healthcare, retail and others.
Growth Drivers and challenges
Increasing penetration of cloud computing, big data, and
mobility technologies across various industry verticals is
believed to be a prominent growth driver of global IT
managed services market in near future.
In addition to that, rising inclination of IT companies
towards enhancing business efficiency and customer
satisfaction is also expected to foster global IT managed
services market in future.
However, security and privacy concerns associated with IT
managed services are anticipated to restrain the growth of
market during 2015-2021.
Market Size and Forecast
North America holds the first rank in global IT managed
services market followed by Asia-Pacific region.
North America IT managed service market was valued at
USD 51.0 Billion in 2013 and is envisioned to reach at USD
73.0 Billion in 2019, exhibiting a compound annual growth
rate (CAGR) of 6.16%. With approximately 33.0% share in
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2015, the U.S. is the largest IT managed services market in
North America.
Furthermore, Asia-Pacific ICT managed services market is
anticipated to reach at USD 70.0 Billion in 2018. Growing
number of enterprises in countries such as India, China,
Japan and Singapore are likely to drive Asia-Pacific IT
managed services market in future.
Currently, U.K. is the largest IT managed services market
in Europe which is anticipated to be surpassed by
Germany by the end of 2018.
Key Players
Global IT managed service market includes some of the
major organizations such as Fujitsu, IBM, AT&T, Alcatel-
Lucent, Microsoft, HP, Dell, Verizon Communications, etc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
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Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Rest of World
Segmentation
By Type of Services
By Type of Service Consumers
By Verticals
By Geography
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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managed-services-market-analysis-opportunity-outlook-
2021/64
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