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Global IT Managed Services Market Insights and Forecast to 2028
Published Date: January 2022
|
Report Code: QYRE-Othe-1F286
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it managed services market

Global IT Managed Services Market Insights and Forecast to 2028

Code: QYRE-Othe-1F286
Report
January 2022
105 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

IT Managed Services Market Growth - 2028

The global IT Managed Services market size is projected to reach US$ 399170 million by 2028, from US$ 224010 million in 2021, at a Compound Annual Growth Rate (CAGR) of 8.5% during 2022-2028. IT Managed Services is the practice of outsourcing the responsibility for maintaining, and anticipating the need for, a range of processes and functions in order to improve operations and cut expenses. It is an alternative to the break/fix or on-demand outsourcing model where the service provider performs on-demand services and bills the customer only for the work done.
 
IT Managed Services Market
 
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global IT Managed Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global IT Managed Services market in terms of revenue.
 
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global IT Managed Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global IT Managed Services market.

IT Managed Services Market Segment Outlook

North America remains the biggest IT Managed Services market in the world, with a share of nearly 50 percent, followed by Europe with about 30%.
 
IT Managed Services Market Share
 
IT Managed Services market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global IT Managed Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

IT Managed Services Market by Type

  • Cloud-Based
  • On-Premise

IT Managed Services Market by Application

  • BFSI
  • Retail
  • Logistics
  • Healthcare and Lifesciences
  • Government
  • IT and Telecom
  • Other

Major Players in the IT Managed Services Market

  • IBM
  • Accenture
  • Cognizant
  • Rackspace
  • SAS Institute
  • Presidio
  • CenturyLink
  • Unisys
  • Sapiens International
  • Cisco
  • Marco Technologies
  • Jade Global
  • Dell EMC
  • DXC Technology

IT Managed Services Market by Region

  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Nordic Countries
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Scope of the IT Managed Services Market Report

Report Metric

Details

Report Name

IT Managed Services Market

The market size in 2021

USD 224010 Million

The revenue forecast in 2028

USD 399170 Million

Growth Rate

Compound Annual Growth Rate (CAGR) of 8.5% from 2022 to 2028

Market size available for years

2022-2028

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. How much is the IT managed services industry worth?

Ans. The global IT managed services market size is projected to reach US$ 399170 million by 2028, from US$ 224010 million in 2021, at a Compound Annual Growth Rate (CAGR) of 8.5% during 2022-2028

2. What are the segments of IT managed services market?

Ans. The IT managed services market is segmented into segmented based on type, application, region, key players.

3. What would be forecast period in the market report?

Ans. The forecast period in the IT managed services market report is 2022-2028

4. Which country has the highest market share in the IT managed services market?

Ans. North America remains the biggest IT Managed Services market in the world, with a share of nearly 50 percent, followed by Europe with about 30%.

1 Report Business Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IT Managed Services Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
1.2.2 Cloud-Based
1.2.3 On-Premise
1.3 Market by Application
1.3.1 Global IT Managed Services Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
1.3.2 BFSI
1.3.3 Retail
1.3.4 Logistics
1.3.5 Healthcare and Lifesciences
1.3.6 Government
1.3.7 IT and Telecom
1.3.8 Other
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global IT Managed Services Market Perspective (2017-2028)
2.2 IT Managed Services Growth Trends by Region
2.2.1 IT Managed Services Market Size by Region: 2017 VS 2021 VS 2028
2.2.2 IT Managed Services Historic Market Size by Region (2017-2022)
2.2.3 IT Managed Services Forecasted Market Size by Region (2023-2028)
2.3 IT Managed Services Market Dynamics
2.3.1 IT Managed Services Industry Trends
2.3.2 IT Managed Services Market Drivers
2.3.3 IT Managed Services Market Challenges
2.3.4 IT Managed Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IT Managed Services Players by Revenue
3.1.1 Global Top IT Managed Services Players by Revenue (2017-2022)
3.1.2 Global IT Managed Services Revenue Market Share by Players (2017-2022)
3.2 Global IT Managed Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IT Managed Services Revenue
3.4 Global IT Managed Services Market Concentration Ratio
3.4.1 Global IT Managed Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IT Managed Services Revenue in 2021
3.5 IT Managed Services Key Players Head office and Area Served
3.6 Key Players IT Managed Services Product Solution and Service
3.7 Date of Enter into IT Managed Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IT Managed Services Breakdown Data by Type
4.1 Global IT Managed Services Historic Market Size by Type (2017-2022)
4.2 Global IT Managed Services Forecasted Market Size by Type (2023-2028)
5 IT Managed Services Breakdown Data by Application
5.1 Global IT Managed Services Historic Market Size by Application (2017-2022)
5.2 Global IT Managed Services Forecasted Market Size by Application (2023-2028)
6 North America
6.1 North America IT Managed Services Market Size (2017-2028)
6.2 North America IT Managed Services Market Size by Type
6.2.1 North America IT Managed Services Market Size by Type (2017-2022)
6.2.2 North America IT Managed Services Market Size by Type (2023-2028)
6.2.3 North America IT Managed Services Market Share by Type (2017-2028)
6.3 North America IT Managed Services Market Size by Application
6.3.1 North America IT Managed Services Market Size by Application (2017-2022)
6.3.2 North America IT Managed Services Market Size by Application (2023-2028)
6.3.3 North America IT Managed Services Market Share by Application (2017-2028)
6.4 North America IT Managed Services Market Size by Country
6.4.1 North America IT Managed Services Market Size by Country (2017-2022)
6.4.2 North America IT Managed Services Market Size by Country (2023-2028)
6.4.3 U.S.
6.4.4 Canada
7 Europe
7.1 Europe IT Managed Services Market Size (2017-2028)
7.2 Europe IT Managed Services Market Size by Type
7.2.1 Europe IT Managed Services Market Size by Type (2017-2022)
7.2.2 Europe IT Managed Services Market Size by Type (2023-2028)
7.2.3 Europe IT Managed Services Market Share by Type (2017-2028)
7.3 Europe IT Managed Services Market Size by Application
7.3.1 Europe IT Managed Services Market Size by Application (2017-2022)
7.3.2 Europe IT Managed Services Market Size by Application (2023-2028)
7.3.3 Europe IT Managed Services Market Share by Application (2017-2028)
7.4 Europe IT Managed Services Market Size by Country
7.4.1 Europe IT Managed Services Market Size by Country (2017-2022)
7.4.2 Europe IT Managed Services Market Size by Country (2023-2028)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IT Managed Services Market Size (2017-2028)
8.2 Asia-Pacific IT Managed Services Market Size by Type
8.2.1 Asia-Pacific IT Managed Services Market Size by Type (2017-2022)
8.2.2 Asia-Pacific IT Managed Services Market Size by Type (2023-2028)
8.2.3 Asia-Pacific IT Managed Services Market Share by Type (2017-2028)
8.3 Asia-Pacific IT Managed Services Market Size by Application
8.3.1 Asia-Pacific IT Managed Services Market Size by Application (2017-2022)
8.3.2 Asia-Pacific IT Managed Services Market Size by Application (2023-2028)
8.3.3 Asia-Pacific IT Managed Services Market Share by Application (2017-2028)
8.4 Asia-Pacific IT Managed Services Market Size by Region
8.4.1 Asia-Pacific IT Managed Services Market Size by Region (2017-2022)
8.4.2 Asia-Pacific IT Managed Services Market Size by Region (2023-2028)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia
9 Latin America
9.1 Latin America IT Managed Services Market Size (2017-2028)
9.2 Latin America IT Managed Services Market Size by Type
9.2.1 Latin America IT Managed Services Market Size by Type (2017-2022)
9.2.2 Latin America IT Managed Services Market Size by Type (2023-2028)
9.2.3 Latin America IT Managed Services Market Share by Type (2017-2028)
9.3 Latin America IT Managed Services Market Size by Application
9.3.1 Latin America IT Managed Services Market Size by Application (2017-2022)
9.3.2 Latin America IT Managed Services Market Size by Application (2023-2028)
9.3.3 Latin America IT Managed Services Market Share by Application (2017-2028)
9.4 Latin America IT Managed Services Market Size by Country
9.4.1 Latin America IT Managed Services Market Size by Country (2017-2022)
9.4.2 Latin America IT Managed Services Market Size by Country (2023-2028)
9.4.3 Mexico
9.4.4 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IT Managed Services Market Size (2017-2028)
10.2 Middle East & Africa IT Managed Services Market Size by Type
10.2.1 Middle East & Africa IT Managed Services Market Size by Type (2017-2022)
10.2.2 Middle East & Africa IT Managed Services Market Size by Type (2023-2028)
10.2.3 Middle East & Africa IT Managed Services Market Share by Type (2017-2028)
10.3 Middle East & Africa IT Managed Services Market Size by Application
10.3.1 Middle East & Africa IT Managed Services Market Size by Application (2017-2022)
10.3.2 Middle East & Africa IT Managed Services Market Size by Application (2023-2028)
10.3.3 Middle East & Africa IT Managed Services Market Share by Application (2017-2028)
10.4 Middle East & Africa IT Managed Services Market Size by Country
10.4.1 Middle East & Africa IT Managed Services Market Size by Country (2017-2022)
10.4.2 Middle East & Africa IT Managed Services Market Size by Country (2023-2028)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE
11 Key Players Profiles
11.1 IBM
11.1.1 IBM Company Details
11.1.2 IBM Business Overview
11.1.3 IBM IT Managed Services Introduction
11.1.4 IBM Revenue in IT Managed Services Business (2017-2022)
11.1.5 IBM Recent Developments
11.2 Accenture
11.2.1 Accenture Company Details
11.2.2 Accenture Business Overview
11.2.3 Accenture IT Managed Services Introduction
11.2.4 Accenture Revenue in IT Managed Services Business (2017-2022)
11.2.5 Accenture Recent Developments
11.3 Cognizant
11.3.1 Cognizant Company Details
11.3.2 Cognizant Business Overview
11.3.3 Cognizant IT Managed Services Introduction
11.3.4 Cognizant Revenue in IT Managed Services Business (2017-2022)
11.3.5 Cognizant Recent Developments
11.4 Rackspace
11.4.1 Rackspace Company Details
11.4.2 Rackspace Business Overview
11.4.3 Rackspace IT Managed Services Introduction
11.4.4 Rackspace Revenue in IT Managed Services Business (2017-2022)
11.4.5 Rackspace Recent Developments
11.5 SAS Institute
11.5.1 SAS Institute Company Details
11.5.2 SAS Institute Business Overview
11.5.3 SAS Institute IT Managed Services Introduction
11.5.4 SAS Institute Revenue in IT Managed Services Business (2017-2022)
11.5.5 SAS Institute Recent Developments
11.6 Presidio
11.6.1 Presidio Company Details
11.6.2 Presidio Business Overview
11.6.3 Presidio IT Managed Services Introduction
11.6.4 Presidio Revenue in IT Managed Services Business (2017-2022)
11.6.5 Presidio Recent Developments
11.7 CenturyLink
11.7.1 CenturyLink Company Details
11.7.2 CenturyLink Business Overview
11.7.3 CenturyLink IT Managed Services Introduction
11.7.4 CenturyLink Revenue in IT Managed Services Business (2017-2022)
11.7.5 CenturyLink Recent Developments
11.8 Unisys
11.8.1 Unisys Company Details
11.8.2 Unisys Business Overview
11.8.3 Unisys IT Managed Services Introduction
11.8.4 Unisys Revenue in IT Managed Services Business (2017-2022)
11.8.5 Unisys Recent Developments
11.9 Sapiens International
11.9.1 Sapiens International Company Details
11.9.2 Sapiens International Business Overview
11.9.3 Sapiens International IT Managed Services Introduction
11.9.4 Sapiens International Revenue in IT Managed Services Business (2017-2022)
11.9.5 Sapiens International Recent Developments
11.10 Cisco
11.10.1 Cisco Company Details
11.10.2 Cisco Business Overview
11.10.3 Cisco IT Managed Services Introduction
11.10.4 Cisco Revenue in IT Managed Services Business (2017-2022)
11.10.5 Cisco Recent Developments
11.11 Marco Technologies
11.11.1 Marco Technologies Company Details
11.11.2 Marco Technologies Business Overview
11.11.3 Marco Technologies IT Managed Services Introduction
11.11.4 Marco Technologies Revenue in IT Managed Services Business (2017-2022)
11.11.5 Marco Technologies Recent Developments
11.12 Jade Global
11.12.1 Jade Global Company Details
11.12.2 Jade Global Business Overview
11.12.3 Jade Global IT Managed Services Introduction
11.12.4 Jade Global Revenue in IT Managed Services Business (2017-2022)
11.12.5 Jade Global Recent Developments
11.13 Dell EMC
11.13.1 Dell EMC Company Details
11.13.2 Dell EMC Business Overview
11.13.3 Dell EMC IT Managed Services Introduction
11.13.4 Dell EMC Revenue in IT Managed Services Business (2017-2022)
11.13.5 Dell EMC Recent Developments
11.14 DXC Technology
11.14.1 DXC Technology Company Details
11.14.2 DXC Technology Business Overview
11.14.3 DXC Technology IT Managed Services Introduction
11.14.4 DXC Technology Revenue in IT Managed Services Business (2017-2022)
11.14.5 DXC Technology Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Author Details
13.3 Disclaimer

LIST OF TABLES & FIGURES

 

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